Economic

How has Covid-19 impacted unemployment by race?

The chart here comes from using FRED (Federal Reserve Economic Data). Since at least the 1970s Hispanic or Latino (using FRED terms) unemployment was consistently between Black or African American and White and more recently slightly closer to White unemployment. For possibly the first time since the 1970s Hispanic or …

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How have wages grown since 1979?

The EPI article State of Working America Wages 2019 by Elise Gould (2/20/2020) provides a detailed summary of wage growth. For example, copied here is the third of over 20 charts. Note that he bottom 10 percent is barely above 0 and only recently got there. A related fact from …

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Who has the highest Gini of G7 countries?

The Pew article 6 facts about economic inequality in the U.S. by Katherine Schaeffer (2/7/2020) provides the chart copied here (2017 data). One of the other facts mentioned in the article: In 1989, the richest 5% of families had 114 times as much wealth as families in the second quintile (one tier …

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How do U.S. adults view the economy?

The Pew report  Views of Nation’s Economy Remain Positive, Sharply Divided by Partisanship (2/7/2020) provides the answer: Currently, 81% of Republicans and Republican-leaning independents say the economy is excellent or good. These views have changed only modestly over the past two years. But between November 2016 (just before Trump’s victory …

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