For young Americans, unemployment returns to pre-recession levels
More than half (50.9%) of the nation’s nearly 8 million unemployed for April are ages 16 to 34 – even though that group makes up just over a third of the civilian labor force.
Jobs situation looks brighter as employers seek to fill more positions
There were 1.8 unemployed people per job opening in January, another indicator of the improving jobs situation.
U.S. and European Millennials differ on their views of fate, future
A majority of younger Europeans don’t feel that they can impact the world around them or their future, a stark contrast with their American counterparts.
Who are Europe’s Millennials?
What the dwindling youthful population of Europe believes and how their views differ from their aging and far more numerous elders may go a long way toward determining Europe’s fate.
America’s wealth gap between middle-income and upper-income families is widest on record
The gap between America’s upper-income and middle-income families has reached its highest level on record. In 2013, the median wealth of the nation’s upper-income families ($639,400) was nearly seven times the median wealth of middle-income families ($96,500).
Wealth inequality has widened along racial, ethnic lines since end of Great Recession
The median wealth of white households was 13 times the wealth of black households and 10 times that of Hispanic households in 2013, compared with eight and nine times, respectively, in 2010.
6 facts about Japan’s downbeat economy
The world’s third largest economy faces long-term challenges, including pessimistic forecasts from the Japanese public, the hollowing out of Japan’s working-age population and the nation’s exorbitant public debt.
When it comes to happiness, money matters
The different direction of economic fortunes since the Great Recession has had a major impact on life satisfaction in countries around the world.
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.