Economy articles

Read these reports to understand the financial forces that affect daily American life. Discover how exports and imports impact US taxes and debt, plus learn about inflation and other economic indicators.

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Economy
Who has access to paid sick and medical leave?

Federal law does not require that workers be paid for these types of leave.

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Economy
Only 17 states added jobs in November

While the double-digit unemployment rate in Hawaii improved, job growth in much of the rest of the nation stalled.

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Economy
What is the labor force participation rate? How has it changed during the pandemic?

The labor force was down 4.1 million people in November compared to February. Labor force participation rates fell for most Americans during the pandemic, but young workers and women of color have the largest persisting declines.

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Economy
The nation added 245,000 jobs in November, but employment gains are slowing

The unemployment rate ticked down to 6.7% in November. People experiencing long-term unemployment make up a growing share of the jobless.

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Economy
Retail sales are up 7% from a year ago — and online sales are up 37%

While the pandemic and associated shutdowns hurt the retail industry earlier this year, the online shopping sector grew every quarter.

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Economy
Thanksgiving dinner by the government numbers

Minnesota leads the nation in turkey production, while Wisconsin grows 59% of all cranberries and is the top producer of snap beans. See how Thanksgiving dinner comes together from farms across the nation.

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Economy
More states reported lower unemployment in October

Unemployment dropped in 37 states, increased in eight, and remained stable in five. Plus, a look at job loss by industry in two of the hardest-hit states — Hawaii and New York.

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Economy
Unemployment rate dropped to 6.9% in October

The 638,000 jobs added in October brought the total to almost 12.1 million jobs recovered — but employment was still down by 10.1 million jobs compared to February.

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Economy
GDP grew 7.4% in the third quarter of 2020 but remains lower than it was last year

Growth last quarter was the highest ever recorded — although not enough to make up for an equally historic 9% decline in GDP during the previous quarter.

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Economy
Most states added jobs in September, but Hawaii still struggled

The state lost 10,700 jobs and hit 15.1% unemployment as its leisure and hospitality sector continued to shrink.

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