Immigrants in U.S. experienced higher unemployment in the pandemic but have closed the gap
With the economic recovery gaining momentum, unemployment among immigrants is about equal with that of U.S.-born workers.
Economic Conditions
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Economic Conditions
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Are you in the global middle class? Find out with our income calculator
17% of the global population could be considered middle income in 2020. Most people were either low income (51%) or poor (10%).
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Economic Attitudes Improve in Many Nations Even as Pandemic Endures
Despite an uptick in positive views of the economy in some places, many say that children will be worse off financially than their parents.
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During the pandemic, teen summer employment hit its lowest point since the Great Recession
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.
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College graduates in the year of COVID-19 experienced a drop in employment, labor force participation
The challenges of a COVID-19 economy are clear for 2020 college graduates, who have experienced downturns in employment and labor force participation.
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Black Americans say coronavirus has hit hard financially, but impact varies by education level, age
Nearly half of Black adults say the economic impact of the pandemic will make achieving their financial goals harder in the long term.
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People in U.S., Western Europe differ over what needs more fixing: Their nation’s political or economic system
Here are five key findings about people’s attitudes toward systemic reforms in the U.S., France, Germany and the UK.
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Fewer jobs have been lost in the EU than in the U.S. during the COVID-19 downturn
Roughly 9.6 million U.S. workers lost their jobs during the COVID-19 downturn; only about 2.6 million EU workers lost jobs in this period.
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U.S. labor market inches back from the COVID-19 shock, but recovery is far from complete
Here’s how the COVID-19 recession is affecting labor force participation and unemployment among American workers a year after its onset.
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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.
