Nearly a year after the start of the coronavirus outbreak, the full impact of the pandemic on the U.S. economy remains unclear. We asked economists and experts how they would measure the state of the economy. nyti.ms/2K56VJv
More than four million people left the work force entirely from February to November, meaning they are neither working nor actively seeking a job. More of those people are women than men, often due to new child care burdens caused by the pandemic. nyti.ms/2K56VJv 
Unemployment has fallen from the worst months, but gaps among different demographic groups have widened. nyti.ms/2K56VJv
People of color were already more likely to be unemployed before Covid-19. The current crisis has had a particularly negative, persistent impact on employment for Black men. nyti.ms/2K56VJv
More families are now in danger of losing housing and going hungry than in early fall, according to a Census survey. However, as several economists pointed out, economic hardship isn’t measured as rigorously or as often as other indicators. nyti.ms/2K56VJv
A positive sign in the economy’s recovery is the rebound in wages and salaries. “The underlying economy is more resilient and less dependent on fiscal stimulus than commonly believed,” said one economist. nyti.ms/2K56VJv
Together, these indicators paint a picture of a resilient — but increasingly unequal — economy. See more measures here: nyti.ms/2K56VJv
• • •
Missing some Tweet in this thread? You can try to
force a refresh
