You Searched For "coronavirus recession" and got 20 results
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1 min read
The coronavirus recession only lasted 2 months, the shortest downturn in US history
The National Bureau of Economic Research found the recession only lasted from February 2020 to Apri…
Madison Hoff
4 mins read
3 warning signs that the US economy could be headed for a downturn this year
The economy is nearing a full recovery to pre-pandemic health, but it might not feel that way for s…
Ben Winck
3 mins read
Millennials said in a survey they needed $525,000 a year to be happy. Here's what a Nobel prize winner's research says about money and happiness.
If money can really buy happiness, a study found a positive link up to at least $500,000. Here's wh…
Ayelet Sheffey
4 mins read
Unlike recent recessions, office jobs are most at risk of layoffs in the coming economic downturn
Remote-friendly firms fared the best as the US fell into lockdown. Now it's the "pajama-pants occup…
Ben Winck,Madison Hoff
4 mins read
The pain the US is feeling from inflation is the opposite of the slow, hellish recovery after 2008 — which was much worse for their finances
The country is rebounding far faster than it did after the 2008 financial crisis. All Americans see…
Ben Winck,Madison Hoff
3 mins read
One stunning chart shows just how much faster the US labor market is recovering now compared to the financial crisis
The US is on track to complete its labor-market recovery in about 2.5 years. The same achievement t…
Ben Winck
2 mins read
Biden says a recession isn't a given but the rest of the recovery is going to be a 'haul'
The US recovery puts its economy in a stronger position than other countries, Biden said, adding th…
Ben Winck
2 mins read
Americans haven't hated the economy this much since the sloth-like recovery from the Great Recession
The jobs recovery is nearly finished, spending is at record highs, and wages are booming. But infla…
Juliana Kaplan,Ben Winck,Andy…
4 mins read
These 9 things prove the US economy isn't currently in a recession
The economy is sending a lot of mixed messages right now. Despite negative GDP, jobs and household …
Ben Winck
5 mins read
How the millennial narrative got so contradictory
A wealth gap and assorted nuances explain how millennials are both advancing and struggling. They'r…
Hillary Hoffower
5 mins read
Americans want holiday work, but big retailers like Macy's are cutting back hiring plans amid inflation and recession fears
Retailers usually hire thousands of people to help out during the holidays, but this year, inflatio…
Madison Hoff
2 mins read
Russia's invasion is already hobbling the global economic recovery from the pandemic, World Bank says
The World Bank slashed its forecast for global growth in 2022 to 3.2% on Monday, forecasting a rebo…
Ben Winck
3 mins read
The US economy shrank in the second quarter as sky-high inflation amplified recession fears
US gross domestic product shrank at an annualized rate of 0.9% in the three months that ended in Ju…
Ben Winck
4 mins read
4 jarring signals that show the US economic recovery is weakening
Several cities have reinstated lockdown measures to curb the coronavirus's spread. Yet the restrict…
Ben Winck
3 mins read
Millennials aren't behind, they're just creating a new normal
Staying in school later and marrying later doesn't mean millennials are behind, says a psychologist…
Hillary Hoffower
2 mins read
US consumer confidence unexpectedly falls to lowest since August as COVID-19 restrictions escalate
"Consumers do not foresee the economy gaining any significant momentum in early 2021," the Conferen…
Ben Winck
6 mins read
The declining American birth rate could actually be good for the economy
The CDC found the US birth rate fell by 4% in 2020. It could usher in a new era of change for the e…
Hillary Hoffower
4 mins read
The housing market is in a recession — and it's giving buyers a small window to close a good deal
Mortgage rates have dipped, home availability is on the rise, and buyer demand is waning. It's a gr…
Ben Winck,Alcynna Lloyd
3 mins read
The economy shrank in the first half of 2022 — but the US isn't even close to entering an actual recession
You'll probably hear more people say the US is in a recession, but several measures of economic hea…
Ben Winck,Madison Hoff
2 mins read
Over half of the Americans who earn $100,000 or more have boosted savings during the pandemic
Among six-figure earners, 59% increased savings, MagnifyMoney found, versus 28% of those making und…