Economic Fallout From COVID-19 Continues To Hit Lower-Income Americans the Hardest
Half of adults who say they lost a job due to the coronavirus outbreak are still unemployed.
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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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Americans’ Views of Government: Low Trust, but Some Positive Performance Ratings
For years, public trust in the federal government has hovered at near-record lows. That remains the case today, as the United States struggles with a pandemic and economic recession.
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Views of the economy have turned sharply negative in many countries amid COVID-19
Assessments of national economies have seen swift downturns in many countries, and few see improvements anytime soon.
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The U.S. budget deficit is rising amid COVID-19, but public concern about it is falling
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.
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Many around the world were pessimistic about inequality even before pandemic
Across 34 countries, a median of 65% said in 2019 they felt pessimistic about reducing the gap between the rich and poor in their country.
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Coronavirus Economic Downturn Has Hit Latinos Especially Hard
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.
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Amid coronavirus outbreak, nearly three-in-ten young people are neither working nor in school
Between February and June 2020, the share of young adults who are neither enrolled in school nor employed has more than doubled.
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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.
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Unemployment rose higher in three months of COVID-19 than it did in two years of the Great Recession
The experiences of several groups of workers in the COVID-19 outbreak vary notably from how they experienced the Great Recession.
