NBC News
U.S. economic growth will recover “rapidly” and the labor market will return to full strength more quickly than expected, thanks to the vaccine rollout and a barrage of legislation enacted in 2020, according to a government forecast published on Monday. Gross domestic product, or GDP, is expected to reach its previous peak in mid-2021 and the labor force is forecast to return to its pre-pandemic level in 2022, the nonpartisan Congressional Budget Office said.