Perceptions of Job News Trend Upward
For the first time since at least 2009, as many say they’re hearing good news as bad news about the nation’s job situation. While most hear a mix of good and bad economic news, 70% hear good news about gas prices.
Do lower gasoline prices make for confident consumers?
Lower gas prices tend to improve consumer sentiment, but the actual impact on the overall economy probably is small.
Retailers still rely on holiday sales, but not quite as much as they used to
Sales at many retailers spike during the year-end holiday season, but holiday sales overall are a bit less significant than they were two decades ago.
For retailers, the holidays mean a hiring binge — and then a purge
Retail is one of the more seasonally variable sectors of the U.S. economy, but much of the holiday hiring surge is concentrated in just a handful of categories.
Where near-minimum-wage workers work, and how much they make
The restaurant and food service industry is the single biggest employer of near-minimum workers, employing 3.75 million near-minimum workers, about 18% of the total.
More and more Americans are outside the labor force entirely. Who are they?
More than 92 million Americans last month were considered outside the labor force entirely. While most of them are older, the biggest increase has been among teens and young adults.
Heading into midterms, Americans still as bummed out as they were in 2012, 2010
Despite somewhat better feelings about the economy, Americans’ collective mood is much the same as it was ahead of the last two general elections.
Global Opportunity Quiz
How do you get ahead in life? By having a good education? Knowing the right people? What about just being lucky? Take our 7-question global opportunity quiz to rank these and other attributes in terms of their importance to success in life.
Global Views on Opportunity and Inequality
Publics in advanced economies are pessimistic about the financial prospects for the next generation, while emerging and developing nations are more optimistic.
For most workers, real wages have barely budged for decades
For most U.S. workers, inflation-adjusted wages have been flat or falling for decades, regardless of whether the economy has been adding or subtracting jobs. The $4.03-an-hour rate recorded in January 1973 has the same purchasing power as $22.41 would today.