The Pandemic Stalls Growth in the Global Middle Class, Pushes Poverty Up Sharply
The global middle class consisted of 54 million fewer people in 2020 than the number projected prior to the onset of the pandemic.
Numbers, Facts and Trends Shaping Your World
The global middle class consisted of 54 million fewer people in 2020 than the number projected prior to the onset of the pandemic.
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.
Fewer than a third (30.8%) of U.S. teens had a paying job last summer. In 2019, 35.8% of teens worked over the summer.
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 number of American homeowners increased by an estimated 2.1 million over the past year, according to the Census Bureau.
The share of unpartnered mothers who are employed and at work has fallen more precipitously than among other parents.
About four-in-ten unemployed workers had been out of work for more than six months in February 2021, about double the share in February 2020.
The share of mothers who said it would be best for them to work full time dropped from 51% to 44% between 2019 and 2020.
While the CDC has pointed to some possible factors that may be contributing to this pattern, the public is divided in its perceptions.
Union membership has had a somewhat unexpected – but likely temporary – turnaround amid the coronavirus pandemic.
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