In many countries, people are more negative about the economy amid COVID-19 than during Great Recession
A median of 80% across 10 countries now say their country’s economy is faring badly, compared with a median of 72% who said this in 2008-2009.
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A median of 80% across 10 countries now say their country’s economy is faring badly, compared with a median of 72% who said this in 2008-2009.
The spread of infectious diseases is the top concern in the U.S., UK, Japan and South Korea as global economic concerns grow.
Assessments of national economies have seen swift downturns in many countries, and few see improvements anytime soon.
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.
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.
The official U.S. unemployment rate understated the situation for women, Asian Americans, immigrants and workers without a bachelor’s degree.
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