Hobart Corp./ITW FEG

Troy, OH, USA

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Nobody thought 2020 was going to be entirely smooth sailing. Even in what now seems the rosy glow of a year ago—with the U.S. in a record-breaking economic expansion and individuals seeing moderate growth in real disposable personal income—2020 held the prospect of continued labor challenges (thanks to 50-year-low unemployment), trade uncertainties and a contentious…