COVID-19 & the Economy

About one-in-four Black households and one-in-seven Hispanic households had no wealth or were in debt in 2021, compared with about one-in-ten U.S. households overall.

The median wealth of immigrant households increased by 42% from December 2019 to December 2021.

Over the span of the pandemic, rising housing costs have hit renters hard - and prices have continued to soar over the past year.

Joe Biden’s political standing is at the lowest point of his presidency. Yet Biden is hardly the only focal point of the public’s political discontent: Americans express unfavorable views of both major parties and a range of leading Republican and Democratic political figures, including Biden’s predecessor, Donald Trump.

Last summer, businesses trying to come back from the COVID-19 pandemic hired nearly a million more teens than in the summer of 2020.

In nearly all of the 44 advanced economies we analyzed, consumer prices have risen substantially since pre-pandemic times.

Nearly one-in-five middle-income families report receiving unemployment benefits in 2020.

Workers who quit a job in 2021 say low pay (63%), no opportunities for advancement (63%) and feeling disrespected at work (57%) were reasons why.

Americans in 2022 find themselves in an environment that is at once greatly improved and frustratingly familiar.

51% of working parents of children younger than 12 say it has been at least somewhat difficult to handle child care responsibilities recently.