Tag: COVID-19

African american woman saves money in piggy bank with a confident expression on smart face thinking serious

The COVID-19 recession demonstrates an axiom of economics. Black unemployment always exceeds the rate for whites, the spikes are higher in recessions, and, in a recovery, employment recovers more slowly. A record number of Black Americans were employed in 2019. But when the economy seized up in the spring, their unemployment rate soared to 17…

grandma mom and daughter sitting on dock

Sales and rentals of recreational vehicles have skyrocketed during the pandemic as people working remotely use their newfound freedom to move their workplaces to the great outdoors. Outdoorsy – the Airbnb of recreational vehicles (RVs) – reports that 40 percent of its new rental customers are under age 40. But long before younger adults hit…