Pennsylvania’s Independent Fiscal Office (IFO) on Monday issued a report on the state’s economy indicating COVID-era restrictions continue to make a negative impact.
The IFO composed the report to inform lawmakers as they begin a series of state budget hearings this week. The agency observes that the Keystone State’s labor-force-participation rate is at its lowest in 37 years and forecasts that jobs numbers won’t return to their December-2019 apex for at least another three years.
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