The September employment report is the political Rorschach test
[ad_1] Final work report before the presidential election here. The number of employed persons in September increased by 661,000 from August, and the unemployment rate fell to 7.9%.This is a small but not a big improvement In the last month, The unemployment rate at that time was 8.4%. (Compare the 0.5 percentage point decrease in […]
Experts believe that if COVID-19 lock-in measures are more aggressive, the economy will be stronger
[ad_1] In the early days of the coronavirus in the United States, Many economists think Although it may cause widespread short-term economic pain, an active blockade will be the best long-term solution to the pandemic. After six months, we want to know: Does this logic hold?What political events may still change the direction of development […]
Economists have not changed much about the best and worst-case scenarios of the recovery
[ad_1] After the August work report, Achieved results that exceeded expectations For American workers, economists are much more optimistic about unemployment by the end of the year.However, this optimism has not penetrated into the rest of their economic forecasts, partly because there is still a lot of uncertainty about the outlook for the rest of […]
The easy part of economic recovery may be over
[ad_1] Has the economy finally started to rebound?Numbers according to the following headings August work report, It must be that way. The report shows that the economy added 1.4 million jobs in August, and the unemployment rate fell below 10% for the first time since March, to 8.4%, a 1.8 percentage point drop from July. […]
Even if vaccinated, it may take months for the economy to return to normal
[ad_1] Graphics by Jasmine (Misani) Once a COVID-19 vaccine is found, our lives can return to normal, right? Economists don’t think so. Even if the vast majority of the population is immune to the coronavirus tomorrow, leading economists believe that it may take six months or more to bring the economy back to pre-pandemic levels. […]
Without more unemployment assistance, economists’ fears will happen
[ad_1] Food insecurity has suddenly increased. Drive out the wave. People spend less money in shops and restaurants. More job losses. According to leading economists, if Congress does not update any economic growth indicators, then this year may be the outlook for the US economy. Additional payment of $600 per week Provided legal services to […]
Yes, the unemployment rate has dropped. But the recovery seems to be slowing down.
[ad_1] After the unemployment rate has fallen for three consecutive months, we only have just Back to unemployment rate Can contend with the abyss of the Great Depression.Friday work report The data shows that the unemployment rate dropped from 11.1% in June to 10.2% in July, and the number of employed persons in July increased […]
How the pandemic forced a generation of mothers to leave work
[ad_1] In the past few months, Alicia Wertz has barely seen her husband. Since closing schools in northern Alabama towns in March, they have single-mindedly focused on one goal: to ensure that someone is watching their three children. At first, Wertz tried to work from home. But she didn’t do anything, so they tried to […]
Economists believe that Congress should continue to pay unemployed workers $600 a week, or more
[ad_1] Graphics by Jasmine (Misani) The reopening of Congress presents a daunting task-figuring out how to act on the economy. Peak of COVID-19 infection All over the country The states withdrew their reopening.A central point of tension is that as part of the CARES Act, the supplementary unemployment insurance payment of $600 per week issued […]
How experts measure economic recovery
[ad_1] Graphics by Ryan Best in Early June, The National Bureau of Economic Research officially announced: the United States In full recession.Unemployment rises to Historical level, Total output DownAnd industrial activities slow down.Just like that, the COVID-19 pandemic has been extinguished Longest expansion period In American history. Since then, signs of recovery have been confusingly […]
Economists think Congress may cause economic disaster this summer
[ad_1] Graphics by Anna returns Congress reached an agreement on the next stimulus package in less than a month Expanded unemployment benefits expire.State and local governments are Start to feel the The budget is insufficient.And the U.S. Got (relatively) good news In the last week work reportThe country’s unemployment rate in June was 2.2 percentage […]
Voters who think the economy is the country’s biggest problem are quite exaggerated. It may not help him much.
[ad_1] President Trump may be trouble.From now to November, there are still many changes, but historically, economic strength is Related to the electoral strength of the current presidentAt present, it seems that the economic situation is still not ideal. From mid-March to the end of May, 38 million Americans applied Unemployment insurance.even if the talent […]