You Searched For "coronavirus recovery" and got 20 results
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2 mins read
This jobs rebound is blowing past recoveries out of the water
After 24 months of recovery, US employment is just 1.4% lower than pre-crisis. It took 67 months to…
Ben Winck
2 mins read
The American worker had been earning less throughout the pandemic. That ended in March.
March was a portal: It's when wages went into a pandemic-related decline in 2020 and emerged in 202…
Ben Winck,Andy Kiersz
3 mins read
This chart shows which industries are still struggling to regain jobs since the start of the pandemic
Employment in motion picture and sound recording is 40.6% below where it was in February 2020, the …
Madison Hoff
2 mins read
US GDP will be back to pre-pandemic levels by mid-2021 under a Biden presidency and as vaccine progress continues, Goldman says
While the bank still expects a V-shaped recovery, it lowered its US growth forecast for the first q…
Ben Winck
2 mins read
Top House Democrat unveils plan to establish universal paid family and medical leave programs
The proposal from Massachusetts Rep. Richard Neal would also make permanent a $300 monthly check pr…
Joseph Zeballos-Roig
2 mins read
US retail sales climb the most since June as stimulus boost ends losing streak
The reading beat the median economist estimate of 1% growth and snapped a 3-month streak of contrac…
Ben Winck
2 mins read
Bank of America lifts its forecast for US economic growth on hopes for sweeping Biden-backed stimulus
The bank's economists expect stronger consumer spending to boost US GDP by 4% in the first quarter …
Ben Winck
2 mins read
US consumer confidence dips as labor-market pain weighs on economic expectations
Roughly one-in-five Americans expects job openings to shrink in the coming months, up from 16.1% in…
Ben Winck
2 mins read
US consumer comfort tumbles to lowest point since July as COVID-19 surge cuts further into recovery optimism
A gauge tracking Americans' views of their finances slid to 55.9 from 58.1, its lowest since late M…
Ben Winck
4 mins read
Reopening turned into economic recovery in March, but it's just the base of the mountain
The US added 916,000 jobs in March, besting the 660,000 estimate, yet Insider calculates some 14.3 …
Ben Winck
5 mins read
7 ways America's economy could change forever under Biden, from a top economics professor
Biden's spending plans suggest economic policy will now focus more on maximum employment and less o…
Ben Winck
3 mins read
Biden advisors plan up to $3 trillion more spending on infrastructure, universal pre-K, climate-change initiatives
Biden may split up a large infrastructure bill into separate legislative pieces to fulfill his econ…
Ayelet Sheffey,Joseph Zeballo…
2 mins read
US pandemic aid was 'a lot' – but it fueled a world-beating recovery and inflation is being managed, Fed's Powell says
"Was it too much? I'm going to leave that to the historians," Powell said. "But it was all founded …
Ben Winck
10 mins read
How the pandemic upended the US job market in 2020, leaving permanent scars in its wake
Just over half of the 22 million US jobs lost during the pandemic have been regained, but lasting s…
Ben Winck,Juliana Kaplan
3 mins read
US retail sales plunge 3% as stimulus boost fizzles out
The decline missed the median estimate for a 0.5% drop and marks the fourth decline for retail sale…
Ben Winck
4 mins read
The $5 trillion in pandemic-era stimulus is more than triple Great Recession-era aid - and suggests a permanent shift in the way Congress spends
The $2.2 trillion CARES Act and President Donald Trump's $1.9 trillion tax cut also signify Congres…
Ben Winck
2 mins read
Americans think they need a six-figure income to feel financially healthy in this economy, survey suggests
Americans say they need to earn $122,000 annually to be financially healthy, per a a Personal Capit…
Hillary Hoffower
3 mins read
Mostly wealthy 'boomerang kids' moved back home during the pandemic, and it's intensifying the wealth gap
Most young adults who moved back home during the pandemic are from high-income families. It's creat…
Hillary Hoffower
5 mins read
Everything is about to get more expensive. It's a crucial next step for the US economic recovery.
A healthier economy means more demand and higher prices for thinks like houses and healthcare. This…
Hillary Hoffower,Ben Winck
1 min read
The K-shaped recovery just keeps getting more K-shaped — better for those at the top and worse at the bottom
Overall, Americans of color — particularly Black Americans — have felt the economic fallout more ac…