Americans still sour on the economy despite falling unemployment
Americans’ assessment of the economy appears to be at odds with official unemployment statistics. But looking more deeply at job openings, hires and quits can help explain the disconnect.
Midterm Election Indicators Daunting for Democrats
With the midterm elections six months away, 47% of registered voters support the Republican candidate in their district while 43% favor the Democrat. And more see their vote as a vote against President Obama than for him.
Americans agree inequality has grown, but don’t agree on why
Two-thirds of Americans say the gap between the rich and everyone else has increased, but when asked why they cite dozens of different reasons.
Chart of the week: Still deep in the jobs hole
At current rates of job growth, employment won’t reach its pre-recession level for more than five years.
Resurgent public optimism on the economy? Don’t hold your breath
One of the biggest political puzzles of 2014 is why the public remains so bearish about the economy, and in turn critical of Barack Obama’s stewardship of it, given clear signs that economic indicators are improving. An analysis by Andrew Kohut.
Chart of the Week: How metro areas drive the U.S. economy
A handful of metropolitan areas generate the bulk of U.S. economic activity.
American unions membership declines as public support fluctuates
Though unions retain much public support, the share of American workers who actually belong to one has been falling for decades and is at its lowest level since the Great Depression
Americans have been lukewarm, skeptical about economy since 2000
Americans have held lukewarm-to-gloomy views of the economy for a decade and a half, in good times and bad.
Mixed Views of Economic News Persist
Over the past year, both the unemployment rate and the share of Americans in the labor force have fallen. The stock market rose during much of 2013, before falling at the start of this year. Through it all, the public’s perceptions of economic news have changed very little.
Long-term unemployment remains high
Nearly four-in-ten unemployed Americans have been out of work for at least six months.