US economy bounces back but deeper trends hint at enduring woe

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  • GDP rises by an annualized rate of 33.1% between July and September
  • Unemployment rate at 7.9%, twice as high as it was in February

The US economy bounced sharply back from the record-setting slump at the start of the coronavirus pandemic, according to government figures released on Thursday, handing Donald Trump a key talking point days before the election.

Related: With 10 days to go, time and history are not on Donald Trump’s side

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