Related topics: recession · jobs

Poverty stuck at 15 percent—record 46.5 million

The nation's poverty rate remained stuck at 15 percent last year despite America's slowly reviving economy, a discouraging lack of improvement for the record 46.5 million poor and an unwelcome benchmark for President Barack ...

Consumer confidence plunges in December

(Phys.org)—Confidence plunged in December as consumers confronted the rising likelihood that political gridlock would push the country over the fiscal cliff.

Experts expect compromise to avoid fallout from the 'fiscal cliff'

(Phys.org)—The image of a "fiscal cliff" may give the wrong impression of the potential fallout should Congress fail to take action by the end of the year on the Budget Control Act. Iowa State economist Dave Swenson described ...

The impact of the pandemic on the Brazilian labor market

The pandemic has disrupted economic activity and worsened social problems in many countries. In Brazil, its impact has been especially severe. "The level of employment, defined as the number of people in work divided by the ...

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