5 facts about the national debt
As of July 31, the federal government’s total debt stands at $19.845 trillion. Read a primer on the U.S. national debt, the debt limit and interest payments on the nation’s credit line.
Most Americans unaware that as U.S. manufacturing jobs have disappeared, output has grown
Although manufacturing jobs have fallen over the past three decades, improved productivity has kept manufacturing output rising – contrary to what many Americans believe. But over the past few years, productivity growth has been sluggish at best.
People’s views of their national economies don’t always square with data
Many Europeans, Japanese and Americans feel better today about their nations’ economies than they did before the financial crisis, according to a new global survey by Pew Research Center. But those public sentiments aren’t always aligned with a nation’s actual economic performance.
U.S. job openings at record high levels
In April, there were more than 6 million nonfarm job openings, according to the federal government’s Job Openings and Labor Turnover Survey.
Global Publics More Upbeat About the Economy
Nearly a decade after the Great Recession, economic spirits are reviving around the world. But many are pessimistic about the next generation’s financial future.
Through an American lens, Western Europe’s middle classes appear smaller
The American middle class is smaller than middle classes across Western Europe, but its income is higher.
Today’s young workers are more likely than ever to have a bachelor’s degree
Four-in-ten Millennial workers ages 25 to 29 had completed at least a bachelor’s degree in 2016, compared with 32% of Generation X workers and smaller shares of the Baby Boom and Silent generations when they were in the same age range.
Views of NAFTA less positive – and more partisan – in U.S. than in Canada and Mexico
While North American Free Trade Agreement enjoys wide support from Canadians and Mexicans, it is viewed less favorably in the United States.
As Republicans’ views improve, Americans give the economy its highest marks since financial crisis
Nearly six-in-ten people in the United States say the economic situation is very or somewhat good, the most positive assessment of the economy since 2007.
What the unemployment rate does – and doesn’t – say about the economy
Although the unemployment rate gets most of the attention, the government’s monthly jobs report contains lots of other data that, properly interpreted, can provide a fuller picture of the U.S. economy.