COVID-19 Pandemic Pinches Finances of America’s Lower- and Middle-Income Families
Nearly one-in-five middle-income families report receiving unemployment benefits in 2020.
Numbers, Facts and Trends Shaping Your World
Nearly one-in-five middle-income families report receiving unemployment benefits in 2020.
With the economic recovery gaining momentum, unemployment among immigrants is about equal with that of U.S.-born workers.
Here’s how the COVID-19 recession is affecting labor force participation and unemployment among American workers a year after its onset.
About half of U.S. adults who are currently unemployed and are looking for a job are pessimistic about their prospects for future employment.
The shares of mothers and fathers who are working have fallen from 2019 to 2020, but the falloff has been comparable for each group.
The share of unpartnered mothers who are employed and at work has fallen more precipitously than among other parents.
The experiences of several groups of workers in the COVID-19 outbreak vary notably from how they experienced the Great Recession.
The drop in employment in three months of the COVID-19 recession is more than double the drop effected by the Great Recession over two years.
The official U.S. unemployment rate understated the situation for women, Asian Americans, immigrants and workers without a bachelor’s degree.
Nearly one-in-four U.S. workers are employed in the industries most likely to feel an immediate impact from the COVID-19 outbreak.
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