Last summer, businesses trying to come back from the COVID-19 pandemic hired nearly a million more teens than in the summer of 2020.
Nearly one-in-five middle-income families report receiving unemployment benefits in 2020.
About seven-in-ten say young adults today have a harder time when it comes to saving for the future, paying for college and buying a home.
Among adults 25 and older who have no education beyond high school, more women have left the labor force than men.
With the economic recovery gaining momentum, unemployment among immigrants is about equal with that of U.S.-born workers.
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.
The challenges of a COVID-19 economy are clear for 2020 college graduates, who have experienced downturns in employment and labor force participation.
Here’s how the COVID-19 recession is affecting labor force participation and unemployment among American workers a year after its onset.
About four-in-ten unemployed workers had been out of work for more than six months in February 2021, about double the share in February 2020.
About a year since the coronavirus recession began, there are some signs of improvement in the U.S. labor market, and Americans are feeling somewhat better about their personal finances than they were early in the pandemic.