In the pandemic, India’s middle class shrinks and poverty spreads while China sees smaller changes
The course of the pandemic in India and China will have a substantial effect on changes in the distribution of income at the global level.
Numbers, Facts and Trends Shaping Your World
The course of the pandemic in India and China will have a substantial effect on changes in the distribution of income at the global level.
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.
Response to the pandemic has pushed the federal budget higher than it’s been in decades, but Americans are slightly less concerned about the deficit than in recent years.
The biggest takeaway may be the extent to which the decidedly nonpartisan virus met with an increasingly partisan response.
Over the past 50 years, the highest-earning 20% of U.S. households have steadily brought in a larger share of the country’s total income.
Majorities of Americans foresee widening income gaps, tougher financial times for older Americans and intensifying political divisions.
Millennials are the largest adult generation in the United States, and the American family continues to change.
The Trump administration’s plans to impose $50 billion in tariffs on Chinese imports, as well as tariffs recently placed on imported steel and aluminum and on imports of solar panels and washing machines, mark a distinct break from decades of U.S. trade policy, which long has generally favored lower tariffs and fewer restrictions on the movement of goods and services across international borders.
Public debt has increased sharply in many countries in recent years, particularly during and after the Great Recession.
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