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It might take up to 15 years for the class of 2020 to catch up financially, but a recession expert says there's an upside to graduating right now

Gen Z is graduating into a crippled economy marked by a nearly century-high unemployment rate of 14.7%.Research shows that recession graduates typically see stagnant financial growth that can last for up to 15 years.But the author behind this research told Business Insider there's an upside: These graduates job hop to play financial catch-up, which makes them more flexible and helps them advance their career.Visit Business Insider's homepage for more stories.Gen Z is in for a bumpy ride.The class of 2020 is graduating into a grim economy: The unemployment rate surged to 14.7% in April, a number not seen in nearly a century, since the Great Depression of the 1930s. The US lost a record 20.5 million jobs in April. That's roughly 25 times the worst monthly decline seen during the Great Recession,




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Simplify railway field maintenance with R&S®Scope Rider RTH user apps

Simplify railway field maintenance with R&S®Scope Rider RTH user apps




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PICTURED: Hunter Biden with his pregnant wife strolling around L.A.

Biden, 49, was seen with his pregnant wife Melissa, 32, were seen on Thursday in The Grove in Los Angeles amid a firestorm of allegations from Lunden Roberts.




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Nancy Pelosi says 'rogue' attorney general Bill Barr warrants a special prosecutor

House Speaker Nancy Pelosi says AG Bill Barr is 'implicated' in testimony by Lev Parnas about the Ukraine affair, but that Barr wouldn't appoint a special prosecutor.




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Ted Cruz appears to mock Nancy Pelosi's famous handclap as Republicans vote against witnesses

The Texas senator, 49, was seen mimicking the clap shortly as he spoke with other Republican, including Senate Majority Leader Mitch McConnell, before the vote was called around 5 pm.




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Nantes reveal Argentina-style kit for Bordeaux clash in tribute to Emiliano Sala

Emiliano Sala tragically passed away on January 21 last year after the plane carrying him across the English channel crashed while ferrying him between former side Nantes and Cardiff.




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Emiliano Sala sent a heartbreaking message to friends about Nantes treatment days before he died

Emiliano Sala sent a heartbreaking message to his friend saying he felt Nantes did not respect him and were forcing him out of the club just days before he tragically died in a plane crash.




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Cardiff 'file lawsuit against Nantes over the death of Emiliano Sala'

Cardiff have filed a lawsuit against Nantes over the death of Emiliano Sala, according to reports in France. Sala died after the plane he was travelling to Wales crashed into the English Channel.




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Wales 42-0 Italy: Wayne Pivac's men off to dominant bonus point start

WILL KELLEHER AT THE PRINCIPALITY STADIUM: PC Pivac's first job on the Welsh beat went without a hitch as the former copper's new side thrashed Italy easily in Cardiff.




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The downgrade of SBI, Bank of Baroda, and ICICI Bank is proof that the 'biggest nightmare' for India's financial sector is becoming real

Bank of America has downgraded the ratings for four of India’s largest banks — the State bank of India (SBI), Bank of Baroda, IndusInd Bank and ICICI Bank. The emerging cycle of non-performing assets will be the ‘biggest nightmare of 2020’ according to Paytm founder Vijay Shekhar Sharma.Bank of America’s downgrade follows in the footsteps of UBS and CLSA, who also slashed their expectations from banks.According to Sharma, the rise of bad loans is likely to spillover beyond banks to the fintech sector where a large number of startups have been giving out small unsecured loans.Indian banks had barely cleaned up the massive pile of unpaid loans from the country’s corporates, the coronavirus pandemic is barrelling into an economic crisis that may bring a fresh wave of non-performing assets (NPA)




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Derby 0-0 Blackburn: Dominant Rams held despite attempting 22 shots

LAURIE WHITWELL AT PRIDE PARK: Southgate shunned the Champions League in favour of the Championship on Tuesday night but was rewarded with a vibrant display by 19-year-old Mason Mount.




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No sign of Nike and Umbro dominance... Premier League 92-93 kit makers

The Premier League of 1992-93 - the first season after the split from the Football League - feels a world away from the glitz and sheen of today. Just look at the kits, for example. 




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Geordie Shore star Aaron Chalmers' pregnant girlfriend Talia Oatway showcases bump in a silver dress

The mother-of-one, 28, displayed her beautiful bump as she cheered hum on during his MMA (mixed martial arts) fight in Dublin, Ireland, on Saturday night.




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Geordie Shore EXCLUSIVE: Bethan Kershaw CONFIRMS she is still dating Beau Brennan amid split rumours

The two reality stars, both aged 25, were said to have parted ways on Monday after they unfollowed and removed traces of each other on their social media.




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Geordie Shore's Bethan Kershaw and Beau Brennan 'SPLIT and unfollow each other on social media'  

The two reality stars, both aged 25, are even said to have unfollowed each other on social media and have appeared to have removed all traces of their romance on Instagram.




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Geordie Shore star Aaron Chalmers' pregnant girlfriend urges their unborn child to hurry up

Taking to Instagram on Monday, Talia shared a snap of her exposed baby bump while posing alongside daughter Siennah, her only child from a former relationship.




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Heavily pregnant Natalie Portman takes Ellen DeGeneres' $1K bet that baby number two is a girl

Natalie Portman talked family, food and how she tackled playing the iconic First Lady on The Ellen DeGeneres Show on Wednesday in Burbank, California. Ellen decided to place a big bet, too!




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American love story: Jimmy Fallon, 45, gushes over wife of 13 years Nancy Juvonen, 52

The former actor told People it was his 52-year-old wife Nancy Juvonen who was the 'brains' behind his at-home The Tonight Show, figuring out the tone, the setting and the props.




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Nancy Pelosi said 'I'll call him back' when Pence called to tell her about Iranian missile attacks

Speaker Nancy Pelosi said she'd return a phone call to Vice President Mike Pence Tuesday night after he called to inform her about the Iranian missile attacks on U.S. targets in Iraq.




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China's economy forecast 'worst financial crash in 60 years' with drop 10% due to coronavirus

Compared to the previous three months, China's economy is forecast to be almost 10 per cent down and with a 6 per cent drop on last year. The UK economy could shrink by up to 15 to 25 per cent.




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Kate Upton refuses to give in to 'pressure' to 'snap back' into shape after pregnancy

Kate Upton has admitted she won't bow to pressure to 'snap back' into shape after pregnancy and is taking her time to heal following the birth of her first child.




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Nanny for ultra-rich NYC family details what it's been like to work during the pandemic

The nanny spoke anonymously about her work conditions. Her 'ultrahigh-net-worth' Manhattan employers gave her no choice but to follow them to the Hamptons.




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Javier Tebas calls for UEFA to punish Manchester City over alleged breaches of Financial Fair Play

Tebas has previously accused Manchester City and Paris Saint-Germain of 'ruining the entire system' and called for them to be thrown out of European competition.




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Adrian slammed by Rio Ferdinand after error costs Liverpool in defeat against Atletico Madrid

Rio Ferdinand criticised Liverpool goalkeeper Adrian for his errors leading to Atletico Madrid's goals as the Premier League side crashed out of the Champions League last-16 stage. 




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Judges rule bankers turn over Trump's financial records and refuse to stay subpoena for Don McGahn

Capital One and Deutsche Bank must comply with a subpoena from the Intel and Financial Services committees, federal appeals judges ruled in New York. In D.C. there was a second blow.




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Socialist running for Congress says God should give Barack Obama 'the most malignant cancer'

A Democratic socialist candidate running for Congress in Texas wished a deadly cancer upon Barack Obama, and claimed the former president 'gives zero f***s about y'all.'




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Nancy Pelosi becomes latest high-profile Democrat to endorse Joe Biden

House Speaker Nancy Pelosi became the latest high-profile Democrat to endorse Joe Biden, the party's presumptive nominee for president of the United States.




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Donald Trump uses NATO meeting with Justin Trudeau to push Nancy Pelosi to pass his USMCA trade deal

Donald Trump used a NATO meeting Tuesday with Canadian Prime Minister Justin Trudeau to push Speaker Nancy Pelosi to pass the USMCA trade deal.




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Nigel Farage's career is doomed to end in failure, says Nancy Rees-Mogg

Annunziata Rees-Mogg told The Mail on Sunday of her shock at the level of vitriol directed by his supporters since she went public with her decision on Thursday.




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Tory MP DANIEL HANNAN argues EU will be much more likely to give concessions now Boris has majority

DANIEL HANNAN: What a difference an election victory makes. Suddenly, everyone is rushing to be Boris's friend. Those Conservatives who spent years fulminating against him are now praising him.




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Diego Costa, Fernando Torres and Atletico Madrid team arrive in London

Atletico Madrid's players have touched down in London ahead of their Europa League semi-final clash against Arsenal... with Costa and Torres returning to the city they once called home.




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Diego Costa blasts Lucas Hernandez's clothes with a fire extinguisher

The striker is currently recuperating from surgery on his left foot and is expected to be out until February but that did not prevent him from scheming against team-mate Lucas Hernandez.




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Katy Perry sparks pregnancy rumors as she touches her tummy

Katy Perry shared a teaser for her new song Never Worn White on Wednesday. And in the short clip the 35-year-old is seen holding what appears to be a baby bump.




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Cardi B leads the charge of celebrities congratulating Katy Perry on pregnancy with Orlando Bloom

After Katy Perry announced she was expecting her first child with fiance Orlando Bloom, the singer was congratulated by many celebrity fans.




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Katy Perry's pregnancy with Orlando Bloom 'was no accident'

She revealed her surprise pregnancy news at the end of her music video. And in Thursday, Katy Perry, who is engaged to Orlando Bloom, revealed that her pregnancy 'wasn't an accident.'




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Katy Perry PREGNANT: star having baby with Orlando Bloom

The 35-year-old hitmaker revealed her burgeoning baby bump at the very end of her new music video released for Never Worn White released on Thursday.




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Pregnant Katy Perry and Orlando Bloom 'hitting pause' on wedding plans in Japan, due to coronavirus

Katy Perry has reportedly postponed her June wedding in Japan to 43-year-old Orlando Bloom. The 35-year-old Roar singer fears the Coronavirus will cause problems for her guests.




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How Katy Perry revealed her pregnancy LAST MONTH in a radio interview

Katy Perry stunned fans on Thursday when she confirmed her pregnancy in the music video for Never Worn White.




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Pregnant Katy Perry hides growing baby bump behind a pillow as she arrives in Melbourne

She recently announced that she's pregnant with her first child to fiancé Orlando Bloom.




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Katy Perry thanks her fans for 'overwhelming support' following her big pregnancy reveal

Katy Perry took to Twitter to thank her fans for 'overwhelming support' just over a day after confirming she's expecting first child with fiancé Orlando Bloom.




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Pregnant Katy Perry looks luminous as she endorses the Women's Cricket World Cup 

Katy Perry will perform before and after the ICC T20 Women's World Cup cricket final at the Melbourne Cricket Ground on Sunday.




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Pregnant Katy Perry discusses her changing body with fans Australia

On Wednesday, Katy Perry confirmed she and her fiancé, Orlando Bloom are expecting their first child. 




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Pregnant Katy Perry reveals her love for meat pies, koalas and kangaroos

She's the 'California Gurl' who has fallen for some Australia's greatest icons.




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Orlando Bloom gushes over pregnant fiancée Katy Perry

The British actor, 43, shared a snap of the singer in a stylish multicoloured dress with the sweet caption: 'My babies blooming [sic], after it was revealed they're expecting their first child.




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Katy Perry performs live for the first time since announcing pregnancy at Women's Cricket World Cup

Last week, Katy Perry confirmed she and her fiancé Orlando Bloom are expecting their first child. 




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Pregnant Katy Perry tells crowd at Women's Cricket World Cup Final in Melbourne she wants a girl

Katy Perry announced that she is pregnant with her first child last week, and on Sunday night she revealed which gender she'd prefer her baby to be. 




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Pregnant Katy Perry reveals she's quit drinking and smoking

Katy Perry believes her body is grateful to her for 'treating it nice' now that she's pregnant.




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Pregnant Katy Perry reveals her parents are avoiding contact with her amid Coronavirus fears

On Monday, the pregnant Wide Awake singer revealed that her parents were being extra careful around her amid the spread of coronavirus




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Katy Perry reveals her strange pregnancy cravings and her obsession with Tabasco sauce

Katy Perry has developed some rather unusual cravings since falling pregnant with her fiancé, Orlando Bloom.




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Katy Perry announces pregnancy to grandmother Ann Pearl before her sad death

Katy Perry has shared a moving video of the moment she told her grandmother she was pregnant.