
Despite Global Inflation, the U.S. Economic Recovery Is Among the Strongest of G-7 Nations
The U.S. economy remains stronger than many of its global counterparts, despite global economic pressures.
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Jessica Vela is a research associate for Inclusive Economy at American Progress. She earned a bachelor’s degree from Middlebury College, where her studies focused on the intersection of international politics and economics. She is an Ohio native who enjoys listening to podcasts and watching football.
The U.S. economy remains stronger than many of its global counterparts, despite global economic pressures.
Rose Khattar and Jessica Vela discuss how equitable implementation of the Biden administration's major economic accomplishments, such as the Inflation Reduction Act, can help better support Hispanic and Latino workers.
The strength and pace of recent job growth demonstrates the importance of public investment at scale for minimizing long-term harm for workers and their families.
Contrary to critics’ claims, the Inflation Reduction Act would only increase taxes for large corporations and the wealthy while providing meaningful benefits for middle-income families across the country.
Economists have long considered many indicators—including the state of the labor market, which is still booming—when determining if the United States is in a recession.
Although Hispanic and Latino workers have high employment rates in the United States, labor market experiences differ substantially within this community, with Mexican, Guatemalan, Honduran, and Salvadoran Americans experiencing significant and intersecting gender and ethnic wage gaps.
Analysis shows that during a year of high corporate profits, many of the biggest corporations in America either paid minimal or no federal income taxes.
Rising economic inequality has pushed down Social Security’s revenues, but there are a few possible avenues to generating more revenue in order to preserve Social Security.