Employment, unemployment and underemployment: Different stories from the jobs numbers
When the Bureau of Labor Statistics releases its monthly data about employment, the lion’s share of the attention goes to one figure — the unemployment rate. But that’s not the only or best indicator of where the economy stands.
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.
How’s the job market? Ups, downs of public sentiment mirror official stats
Americans have a good general sense of the relative strength of the job market, even if they’re fuzzy on specifics such as the unemployment rate.
Hispanics only group to see its poverty rate decline and incomes rise
Hispanics are the only major racial or ethnic group to see a statistically significant decline in its poverty rate, according to 2013 Census Bureau figures released this week
The nation’s wealth recovers, but largely for those at the top
The nation’s aggregate wealth continues to show signs of recovery, but that wealth recovery has been concentrated on the wealthiest Americans. Meanwhile, the aggregate net worth for America’s economic middle is actually declining.
Americans have dim view of trade’s impact on jobs and wages
While 68% of Americans say trade is good for the country, they hold starkly different views than people in other countries around the world when it comes to the supposed benefits of international commerce: job creation and higher wages.
Global Public Glum About Economy
In most of the 44 countries surveyed, people say their country is heading in the wrong direction and that economic conditions are bad. Only in developing economies is there some semblance of satisfaction with economic performance.