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.
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A majority of Americans say immigrants mostly fill jobs U.S. citizens do not want
About three-quarters of U.S. adults say undocumented immigrants mostly fill jobs U.S. citizens do not want.
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Hispanic women, immigrants, young adults, those with less education hit hardest by COVID-19 job losses
The drop in employment in three months of the COVID-19 recession is more than double the drop effected by the Great Recession over two years.
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Majority of Americans who lost a job or wages due to COVID-19 concerned states will reopen too quickly
68% of those who have lost jobs or taken a pay cut due to COVID-19 are concerned that state governments will lift restrictions too quickly.
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