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Recession

The pandemic recession only lasted two months. Wait, what?

by Sabri Ben-Achour
Jul 20, 2021
For a lot of people, the downturn doesn't feel over and may not for years. So what does "over" mean in this case?
The pandemic recession may be over, but many businesses are still closed or nearly empty at Union Station in Washington, D.C., more than a year after the COVID-19 shutdown.
Saul Loeb/AFP via Getty Images
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COVID & Unemployment

Study: Young women need better, higher-paying jobs after pandemic recession

by Mitchell Hartman
May 27, 2021
Young women were already falling behind economically after the Great Recession.
Young women were already falling behind economically after the Great Recession, which pushed many young women into taking part-time, low-wage jobs without paid sick time, according to Shengwei Sun at The Institute for Women's Policy Research.
andreswd via Getty Images
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Do we really want to go back to the pre-pandemic economy?

by Kristin Schwab
Apr 29, 2021
True, the economy was in good shape before COVID-19. But it wasn't working for many.
Before the pandemic, Black workers were seeing historically low unemployment rates but were still almost twice as likely to be jobless as white workers. Above, a woman in Hollywood, Florida, uses her laptop to file for unemployment benefits in March 2020.
Joe Raedle/Getty Images
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COVID-19

Why demand for Mason jars surges in times of uncertainty

by Kai Ryssdal
Dec 7, 2020
Canning food fills a "psychological need to find control wherever you can" during economic downturns, says journalist Jen Doll.
Demand for Mason jars surged in 2020, but this isn’t the first time that’s happened during a period of instability. Above, girls can plums in 1944.
Fox Photos/Getty Images
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Retailers' holiday sales strategy this year? Fewer, smaller sales

by Marielle Segarra
Dec 7, 2020
They're trying to make a profit selling less stuff, but holding the line on prices.
A pedestrian walks past a store advertising a Black Friday sale on Nov. 27 in New York.
Jeenah Moon/Getty Images
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COVID-19

What is a double-dip recession?

by Rose Conlon and Kai Ryssdal
Dec 3, 2020
Not all recessions are created equal.
People line up to receive a food distribution in Harlem, New York.
Timothy A. Clary/AFP/Getty Images
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Economic Anxiety Index®

People are growing tired of COVID-19 safety measures, even as the virus surges

by Kristin Schwab
Nov 10, 2020
The human body isn't wired to stay in a constant state of fight-or-flight.
People have lunch at Bottino Restaurant in Chelsea as New York City restaurants open for limited capacity indoor dining on Oct. 1.
Bryan R. Smith/AFP via Getty Images
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COVID-19

Talk to kids about money, and remember, they "eat up honesty"

by Amy Scott and Alli Fam
Sep 7, 2020
Shipra Parikh, a clinical social worker, explains why these conversations should be tailored to each families personal financial situation.
Leo Patrizi/Getty Images
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COVID-19

COVID-19 pushes business bankruptcies higher in an already tough year

by Sabri Ben-Achour
Jun 19, 2020
The government support provided at the beginning of the pandemic was meant to be temporary, but companies are still suffering.
A "Store Closing" sign on a Pier 1 in Chicago.
Scott Olson/Getty Images
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Who gets to decide if we are in a recession?

by Sabri Ben-Achour
Jun 9, 2020
We have to take the word of economists at the National Bureau of Economic Research, who have been making that call for a hundred years.
A man wears a face mask as he check his phone in Times Square on March 22, 2020 in New York City. - Coronavirus deaths soared across the United States and Europe on despite heightened restrictions as hospitals scrambled to find ventilators. (Photo by Kena Betancur / AFP) (Photo by KENA BETANCUR/AFP via Getty Images)
Kena Betancur/AFP via Getty Images
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