Most Black Americans say they can meet basic needs financially, but many still experience economic insecurity
Fewer than half of Black adults say they have a three-month emergency fund, and some have taken multiple jobs to make ends meet.
Numbers, Facts and Trends Shaping Your World
Fewer than half of Black adults say they have a three-month emergency fund, and some have taken multiple jobs to make ends meet.
As the nation’s economy contracted at a record rate in recent months, the group’s unemployment rate rose sharply, particularly among Hispanic women, and remains higher among Hispanic workers than U.S. workers overall.
Veterans of prime working age generally fare at least as well as non-veterans in the U.S. job market, though there are differences in the work they do.
Despite some ups and downs over the past several decades, today’s real average wage in the U.S. has about the same purchasing power it did 40 years ago. And most of what wage gains there have been have flowed to the highest-paid tier of workers.
Although manufacturing jobs have fallen over the past three decades, improved productivity has kept manufacturing output rising – contrary to what many Americans believe. But over the past few years, productivity growth has been sluggish at best.
From Social Security to national parks, a look at long-range trends in federal outlays relative to the U.S. economy
Much of U.S. job growth over the past 25 years has been in occupations that require higher levels of education, training and experience – a trend that seems likely to continue, based on our analysis of official government job-growth projections.
There were 8 million unauthorized immigrants in the U.S. working or looking for work in 2014, making up 5% of the civilian labor force.
Hispanics have become more upbeat about their personal finances and their financial future since the Great Recession, with 81% saying that they expect their family’s financial situation to improve in the next year.
More than six years after the Great Recession ended, almost 10.2 million teens and young adults in the U.S. are neither working nor in school.
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