02081cas a2200289 a 4500 AALejournalIMF023123 230101c9999 xx r poo 0 0eng d 20.00 USD 9798400213502 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Western Hemisphere Dept. United States : 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the United States. Washington, D.C. : International Monetary Fund, 2022. 1 online resource (77 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The U.S. economy has staged a strong recovery from the COVID-19 shock. The positive effects of unprecedented policy stimulus, combined with the advantages of a highly flexible economy, have been clear. Just over two years after the COVID-19 shock, the unemployment rate and other measures of labor force underutilization have returned to end-2019 levels and output is close to its pre-pandemic trend. Rapid wage increases for lower income workers have reduced income polarization and poverty fell in 2020. On net, 8.5 million jobs have been created since the end of 2020. In addition, the swift policy response was able to maintain the smooth functioning of U.S. financial markets and prevent the surge of bankruptcies that many had feared. Mode of access: Internet International Agreements and Observance imf International Organizations imf Monetary Policy imf United States imf IMF Staff Country Reports; Country Report ; No. 2022/220 Full text available on IMF https://elibrary.imf.org/openurl?genre=journal&issn=1934-7685&volume=2022&issue=220 IMF e-Library