The Labor Market Recovery Continued in October
There were 531,000 jobs added in October. However, the unemployment rate remains high, especially for non-white workers.
Read MoreDelta Variant Slows Economy, But Output Still Better Than Pre-Pandemic Levels
The economy continued to grow in the third quarter of 2021, but at a slightly slower pace than previous quarters due to the delta variant of COVID-19.
Read MoreWhat Is a Carbon Tax? How Would It Affect the Economy?
In light of the growing urgency of the climate crisis, many lawmakers, advocacy groups, and American citizens are calling for the government to undertake policies to more comprehensively address climate change.
Read MoreA Year after the Worst Economic Contraction Ever Recorded, Output Returns to Pre-Pandemic Levels
The continued economic recovery, fueled by consumer spending, brought economic output back to its pre-pandemic level.
Read MoreHow Will Interest Rate Changes Affect Federal Debt and Deficits?
Due to the COVID-19 pandemic and the resulting monetary policy response, short-term interest rates are currently near zero and longer-term rates are historically low.
Read MoreDoes Lowering or Raising Corporate Taxes Affect How Businesses Invest in the Economy?
Changes to the U.S. corporate income tax system may influence domestic investment, economic growth, hiring, and how much revenue the federal government raises.
Read MoreHow Did Americans Spend Their Stimulus Checks and How Did It Affect the Economy?
The way in which Americans have been spending their stimulus checks has differed across each round of payments.
Read MoreUnited States Projected to See Rapid Economic Growth — the Highest among Developed Countries
Economists don’t always agree — but there is a wide consensus developing that the United States is in store for rapid economic growth.
Read MoreThe Economy Is Getting Close to Its Pre-Pandemic Level
The continued economic recovery and reopening of businesses has been fueled by COVID relief programs and an accelerating vaccination effort.
Read MoreCould COVID Relief Lead to Inflation? Here’s What Economists Are Saying
Despite the consensus among economists that some amount of inflation is likely to occur in the near term, their level of concern varies.
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