Over 44 million initial jobless claims have been filed over the past 12 weeks as COVID-19-induced recession sent ripples through the U.S. labor market, according to the Labor Department.

A survey released by the National Association for Business Economics (NABE) on Monday also showed that over 80 percent of panelists viewed a second wave of COVID-19 as the greatest downside risk for the U.S. economy through 2020.

"The NABE panel remains decidedly pessimistic about the second quarter of the year, as 80% of participants view risks to the outlook tilted to the downside," said NABE Outlook Survey Chair Eugenio Aleman.

Wells Fargo Securities Economics Group believed that the road to U.S. economic recovery will be long, and a second wave of the virus will only make it longer.

"By the end of this year, the U.S. economy will be about 5% smaller than it was at the end of 2019 on a real basis, and even by the end of 2021, we expect the level of real GDP will still be about 2.5% shy of the prerecession peak," said the group.

【国际英语资讯:Spotlight: Economists warn of risk of second COVID-19 wave in U.S. as reopenings continue】相关文章：

★ 花旗抵押贷款到底价值几何？

★ 嘉能可-斯特拉塔并购可能遭股东否决

★ 2012年英国大公司高管基薪仅涨3%

★ 以色列军人开枪打死一名巴勒斯坦人

★ 麦当劳的奥运“嘉年华”

★ 苹果CEO今年总薪酬420万美元

★ 东盟峰会将再推南海行为准则

★ 双语：七旬 “女巫” 被活活烧死

★ 欧洲银行回购市场缩水

★ 分析：台湾走向募兵制