Unemployment rate is higher than officially recorded, more so for women and certain other groups
The official U.S. unemployment rate understated the situation for women, Asian Americans, immigrants and workers without a bachelor’s degree.
Numbers, Facts and Trends Shaping Your World
The official U.S. unemployment rate understated the situation for women, Asian Americans, immigrants and workers without a bachelor’s degree.
Around half of Hispanics say they or someone in their household has taken a pay cut or lost a job – or both – because of the COVID-19 outbreak.
The experiences of several groups of workers in the COVID-19 outbreak vary notably from how they experienced the Great Recession.
Nearly one-in-five U.S. adults say they have had a physical reaction at least some or a little of the time when thinking about the outbreak.
The improvement in the public’s economic mood has been dramatic in some nations, but pessimism about the future lingers, as does a sense that economic conditions were better pre-crisis.
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.
For five countries – Nepal, Kyrgyzstan, Haiti, Tajikistan and Liberia – remittances from citizens abroad are equivalent to at least a quarter of GDP.
From Social Security to national parks, a look at long-range trends in federal outlays relative to the U.S. economy
Nearly a decade after the Great Recession, economic spirits are reviving around the world. But many are pessimistic about the next generation’s financial future.
New projections indicate that the female share of the labor force will peak at 47.1% in 2025 and then taper off to 46.3% by 2060.
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