56% of Americans Believe They Are ‘Falling Behind’ Financially
Public views of the job market have improved modestly, but overall economic optimism remains limited. Many say their incomes are falling behind the cost of living and 45% have experienced a serious financial hardship.
For Labor Day, a look at the state of underemployment
Although the official unemployment rate was down to 6.2% in July, many economists and other analysts have concluded that that measure doesn’t fully capture what’s happened to the U.S. economy since the Great Recession officially ended in the summer of 2009.
Birth rate for unmarried women declining for first time in decades
For the first time in decades, the non-marital birth rate in the U.S. has been declining. It’s likely that the decline occurred as a result of the economic recession of 2007-2009.
Chart of the Week: The Great Baby Recession
States that were hit the hardest by the Great Recession experienced the biggest birthrate declines.
Wage gap between high and low earners rising most among Hispanics
The earnings gap in the nation’s workforce has widened in recent years as the pay of high-wage workers has risen and the pay of low-wage workers has fallen, but Hispanics may be feeling the impact more acutely than others.
Five years in, recovery still underwhelms compared with previous ones
The current economic recovery, which hit the five-year mark this month, has underperformed other recent expansions that have lasted at least as long.
Immigrants No Longer the Majority of Hispanic Workers
For the first time in nearly two decades, immigrants do not account for the majority of Hispanic workers in the United States. And most of the job gains made by Hispanics during the economic recovery have gone to U.S.-born workers.
Chart of the Week: How U.S. regained all its lost jobs, but still fell behind
The U.S. finally has more jobs than it did before the Great Recession, but that’s not nearly enough to keep pace with the growing population.
Midterm Election Indicators Daunting for Democrats
With the midterm elections six months away, 47% of registered voters support the Republican candidate in their district while 43% favor the Democrat. And more see their vote as a vote against President Obama than for him.
Chart of the Week: Where the loss of unemployment benefits will hit
A map from the Washington Post shows the states where the expiration of unemployment benefits on Saturday will have the most impact.