10 Questions
What is the current unemployment rate in the U.S. as of November 2019?
3.5%
How does household incomes growth in this century compare to its pre-recession level?
Grown only modestly
In which period did most of the increase in household income occur?
1970 to 2000
What was the median income of U.S. households in 2018?
$74,600
What was the annual average rate of growth in household income from 2000 to 2018?
0.3%
If there had been no slowdown in income growth from 2000 to 2018, what would the current median U.S. household income be?
$87,000
What marked the onset of the Great Recession?
2007
What was the median U.S. household income in 2015?
$70,200
What factors are tied to the rise in economic inequality in the U.S.?
Technological change, globalization, decline of unions, and eroding value of the minimum wage
What phenomenon is referred to as The Great Gatsby Curve?
Diminished economic opportunity and mobility
Test your knowledge about the current state of the U.S. economy and its performance since the Great Recession. Explore various economic indicators and their impact on the labor market and household incomes.
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