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How HR Can Help Employers Prepare for an Economic Downturn, Part 1: The Basics

The U.S. just had a historic quarterly fall in GDP at a 32.9% annualized rate. That’s worse than even during the Great Depression. According to Bloomberg, U.S. workers filed an additional 1.4 million applications for unemployment insurance in the week ending July 18. That’s double the worst week of the Great Recession. As employers prepare
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