Giving children born in the United States an automatic childhood savings account, a “Baby Bond,” would ensure that everyone is able to start adulthood with the financial stability to pursue their goals.
The expanded Child Tax Credit helped drive child poverty to a record low in 2021, even amid the pandemic and resulting economic crisis
Each month, the Bureau of Labor Statistics (BLS) releases national and state-level data on U.S. employment, which provide useful information about the state of the labor market and progress toward building a better America. See October's state jobs data here.
Nov 18 2022
Economic Update - November 18, 2022
Nov 17 2022
Improving Maternal Health Care Would Save Lives and Prevent Economic Losses, Especially for Women of Color
Among wealthy, industrialized countries, the United States has the highest rate of maternal mortality as well as an elevated rate of maternal morbidity, which refers to serious illness related to pregnancy and childbirth. First and foremost, deteriorating maternal health is a human tragedy, one that disproportionately affects communities of color.
Access to abortion and contraception is key to economic freedom and enables people to make the decisions that are right for them and their financial security, leading to higher earnings, increased labor force participation, improved educational outcomes—among women, men, and children—and reduced poverty.
Nov 10 2022
Economic Update - November 10, 2022
Nov 04 2022
Economic Update - November 4, 2022
American Indians and Alaska Natives (AIAN) have seen their employment rate and prospects in the labor market improve since the pandemic recession. In April 2020, the jobless rate for people identifying as American Indian or Alaskan Native was nearly double the overall unemployment rate. This was largely because Native workers were more likely to be employed in service jobs that were hit hardest by the pandemic and its economic effects. However, the ongoing pro-worker recovery has reduced the jobless rate for Native workers by more than 70% and has shrunk disparities in the labor market.
