New measurement suggests US undercounts people in poverty

The United States has likely been underestimating the number of people in poverty, according to a new household spending-based measurement developed by Johns Hopkins University and Bowdoin University economists. They found ...

COVID-19 is hitting tipped workers hard

Even prior to COVID-19, tipped workers suffered from the inadequacies of the United States' social safety net and minimum wage standards.

Experts measure the economic impact of the COVID-19 pandemic

Between March 21 and 28, as the country enacted quarantine measures, the United States experienced a 3,000% jump in joblessness claims. By the end of March, a stock market drop had wiped out all gains from the previous three ...

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