Bullard on crisis to recovery; Hispanic human capital; unemployment gender gap; millennial finance; regional income inequality; and more
Despite making gains in higher-skill occupations, Hispanics are more likely to end up in lower-skill jobs. This disparity may be due to Hispanics lagging behind their non-Hispanic peers in education.
The amount of consumer debt has exceeded a 2008 peak. But in inflation-adjusted terms, the current debt level is still below the peak set during the Great Recession.
Regional income inequality in China isn’t as severe when housing costs are also taken into account. However, the disparity is greater than in the U.S.
St. Louis Fed supplements state and local employment data from the BLS, which provides just one revision a year.
Millennial households had a lower net worth in 2016 than Generation X households had in 2001. But the difference may be due to millennials’ longer schooling and delays in marriage and other major life events.
Women once faced much higher unemployment rates than men. Women now appear to be less exposed to increased joblessness during recessions than men.