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5 Facts About Rising Income Inequality in the United States

The concentration of income toward high earners has become more pronounced since 1981.

Long-Term Unemployment Has Quadrupled, and That’s a Problem for the Economy

The long-term unemployed now account for 42 percent of all unemployed workers, up from 19 percent before the pandemic.

Pandemic Budget Crunch Could Force States to Slash Social Services, Education, Police Budgets, More

Without federal intervention, many services could be drastically reduced to meet balanced budget requirements.

Q3 GDP Shows Big Jump, but Economy Remains Below Pre-Pandemic Levels

The increase in the last quarter represents a significant rebound in economic activity, but many are cautioning that the recovery is far from complete.

The Fed Hikes Interest Rates to Curb High Inflation, But with Implications for the National Debt

The Federal Reserve announced an increase in the target for the federal funds rate, the interest rate at which commercial banks lend to each other overnight.

The Labor Market Recovery Continued in October

There were 531,000 jobs added in October. However, the unemployment rate remains high, especially for non-white workers.

The National Debt Will Hit Its All-Time High by the End of the Decade, and Other Takeaways from the Latest CBO Report

While deficits will decline over the next few years as the pandemic wanes and the economy recovers, the nation will remain on an unsustainable fiscal trajectory due to a structural mismatch between spending and revenues.

The Ratio of Workers to Social Security Beneficiaries Is at a Low and Projected to Decline Further

Social Security has been a cornerstone of economic security for almost 90 years, but the program is on unsound footing.

Two Years Later, What Are Economists Saying about the Tax Cuts and Jobs Act?

As more time passes since enactment, and as more data become available, economists continue to weigh in with analyses of the TCJA’s effects.

Uninsured Rate on the Rise Again As Nation Deals with COVID

After a promising decline in recent years, the number of Americans without health insurance is back on the rise.