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The coronavirus (COVID-19) pandemic is an unprecedented national emergency requiring a significant federal response. This page provides resources and analysis, tracking the actions our leaders are taking to respond, and providing insights on the state of America’s fiscal and economic outlook during the recovery.
New data from the Bureau of Labor Statistics show that the labor market experienced an unexpected improvement in May.
Since early 2010, total student loan debt has consistently outpaced other non-mortgage household debt.
https://www.pgpf.org/chart-archive/0267_student_debt_outpacing_others
The homeownership rate for young adult households has increased, but remains below it’s peak.
https://www.pgpf.org/chart-archive/0227_young_adult_home_own
The official unemployment rate was 4.4 percent in March 2020, up from 3.5 percent in February. That increase was the largest of any month since January 1975.
Student debt has been rising steadily.
https://www.pgpf.org/chart-archive/0266_student_debt_is_rising
There is a high rate of child poverty in the United States compared to other developed countries.
The proportion of the population who are uninsured began increasing in 2017.
Understanding the United States’ changing labor force can be a key part of understanding larger trends in the overall economy. Here are key characteristics of the foreign-born population and how they compare to the native-born population.
https://www.pgpf.org/blog/2020/01/the-foreign-born-labor-force-of-the-united-states