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 is the American farmer?

3.4 million agricultural producers, most over the age of 55, work America's agriculture.

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Economy
The unemployment rate fell to 7.9% in September, but job growth continued to stall

661,000 jobs were added in September, less than half the amount gained in August.

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Economy
State government tax collections dropped in second quarter of 2020

State revenue was down 29% compared to the same quarter last year, indicating budget shortfalls and hard choices may be on the horizon.

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Economy
How much does the average American family pay in taxes?

Combining direct and indirect taxes, as well as taxes from state and local government, the average American family paid $17,902 in taxes in 2021.

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Economy
Job growth continued for most states in August, but employment remained low compared to last year

Growth is slowing; government jobs due to the Census drove the largest increases.

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Economy
Unemployment rate continues to drop as 1.4M jobs added to payrolls in August

About 13.6 million people remained unemployed in August. Job losses are becoming permanent; temporary layoffs are no longer causing the majority of unemployment.

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Economy
How do unemployment rates vary by state?

In July 2024, the unemployment rate was highest in Nevada and rose the most in Rhode Island. Unemployment was the lowest in South Dakota.

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Economy
Unemployment and income have long differed by race. Coronavirus hasn’t helped.

Black and Hispanic Americans generally experience higher levels of unemployment, but they have lost 1.4 times as many jobs, proportionally, than white Americans since February due to the pandemic.

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Economy
Unemployment rate drops as 1.8 million jobs added to payrolls in July

About 16.3 million people remained unemployed in July. Nearly half of those have been unemployed for more than 15 weeks.

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Economy
Restaurateurs, doctors, and lawyers: Who received 5.2 million PPP loans and how long it will last them

The latest stimulus package will restart the Paycheck Protection Program, which initially ended on August 8. Near complete loan-level data shows where the program allocated money across industries and professions through the fall. This is the second of a two-part series.

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