What is the current state of business and consumer confidence?
RBA’s Lowe: Economy Is Recovering, But Will Be 'Bumpy'
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The video discusses the economic recovery post-COVID, highlighting improvements in employment and consumer confidence. Despite positive GDP growth projections, the recovery is uneven, with some sectors struggling. The labor market remains affected, with high unemployment and underemployment rates.
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What challenges does the recovery face according to the text?
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