04/14/2024

Families Still Haven’t Fully Recovered from the Recession

Data released Thursday by the Labor Department shows that the number of families with at least one unemployed member fell to 6.5 million last year from 7.7 million in 2013. But at 8%, the percentage of such families remains above pre-recession levels–6.4% in 2006 and 6.3% in 2007. A breakdown by racial group shows how the effects of the downturn still linger.

View Article