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The coronavirus pandemic has caused a severe public health crisis as well as substantial economic disruption for every American. So far, lawmakers have enacted five separate pieces of legislation.
Despite improvements to the labor market since the start of the COVID-19 pandemic, the unemployment rate remains high, especially for non-white workers. Get the facts here.
https://www.pgpf.org/blog/2021/01/the-unemployment-rate-remains-historically-high
The economic impact of the coronavirus has been profound, but it has not been felt equally by all demographic groups.
https://www.pgpf.org/blog/2020/12/five-key-takeaways-from-the-unemployment-data
The outbreak of COVID-19 has become both a public health and an economic crisis. In particular, the closure of many businesses has resulted in an unprecedented surge in unemployment claims in the United States.
Our fiscal situation was already unsustainable, but COVID-19 certainly did not help. Learn how the pandemic compounded our financial challenges in 13 charts.
https://www.pgpf.org/blog/2020/12/13-charts-that-tell-the-fiscal-story-of-2020
While there is no single ideal way to deal with such a complex policy challenge as the pandemic, we can glean insights about how our responses have been working.
Here's an overview of some of the programs that face impending deadlines or are set to expire soon.
https://www.pgpf.org/blog/2020/11/several-coronavirus-relief-programs-are-set-to-expire-soon
Beginning in mid-March 2020, the Federal Reserve initiated an aggressive policy of quantitative easing — which involves the purchase of government securities, corporate bonds, and other financial instruments — with the aim of keeping interest rates low and injecting cash into the economy.
Healthcare workers, providers, and hospitals have been on the front lines of the COVID-19 pandemic, but how has the U.S. government supported the sector? Find out more.
https://www.pgpf.org/blog/2020/10/how-much-has-coronavirus-relief-helped-healthcare-providers
The increase recorded in the July–September quarter represents a significant rebound in economic activity, but many are cautioning that the recovery is far from complete, and real GDP lags significantly behind pre-pandemic levels.