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.
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The Pandemic Stalls Growth in the Global Middle Class, Pushes Poverty Up Sharply
The global middle class consisted of 54 million fewer people in 2020 than the number projected prior to the onset of the pandemic.
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A majority of Americans expect it will be at least a year before life returns to the way it was before COVID-19
Just 9% of the public says it will be less than six months before most public activities operate about as they did before the outbreak.
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Long-term unemployment has risen sharply in U.S. amid the pandemic, especially among Asian Americans
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.
