At 42 months and counting, current job “recovery” is slowest since Truman was president
42 months after U.S. payrolls bottomed out, the economy still hasn’t recovered all 8.7 million jobs wiped out in the Great Recession — the longest and slowest recovery in the postwar era.
The growing economic clout of the college educated
For the first time on record, nearly one out of every two dollars in aggregate U.S. household income went to the college educated.
Majority of Americans say banks, large corporations benefitted most from U.S. economic policies
Nearly seven-in-ten Americans say large banks and financial institutions have benefited the most from post-recession government policies.
How’s the economy doing? Depends on whether you’re a Democrat or Republican
Americans perceptions of the economy differ significantly by partisanship, regardless of what the actual economic data show.
Republicans Sour on Ben Bernanke
As Ben Bernanke prepares to step down as chairman of the Federal Reserve in January, the public views him somewhat more favorably (38%) than unfavorably (31%), with 32% unable to offer a rating.
Five years after country’s fiscal crisis, wide partisan gap exists over financial regulation
The share of Republicans who say government regulation of financial institutions has gone too far is 38 percentage points higher than Democrats.
Doubts About U.S. Economy Persist
Five years after the stock market crash, a 63%-majority says that the U.S. economic system is no more secure today than it was before the 2008 crisis, while just 33% say that it is more secure. And most say household incomes and the job situation have improved little since the recession.
Black unemployment rate is consistently twice that of whites
Much has changed for African-Americans since the 1963 March on Washington (which, recall, was a march for “Jobs and Freedom”), but one thing hasn’t: The unemployment rate among blacks is still about double that among whites, as it has been for most of the past six decades.
Inflation: Low by the numbers, but still a big public concern
About eight-in-ten Americans think rising prices are a “very” or “moderately” big problem.
Economic impact of back-to-school shopping a matter of debate
August is prime season for buying back-to-school gear. But how much all that shopping adds to the economy is unclear.