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Chart Talk: The eruption of Covid-19 in March 2020 caused a dramatic spike in unemployment not seen in the post-World War II era. Job losses peaked at 14.8% in April (seasonally adjusted). These charts from Pew Research give an overview of who has been most impacted.
Chart Talk: While some 45.5 million Americans have filed for unemployment since March, U.S. billionaires have collectively seen a $584 billion increase in their wealth.
ChartTalk: Our 650 billionaires have increased their fortunes by 34% during the pandemic. Billionaire wealth is now twice the amount of wealth held by the bottom 50% of all American households combined, approximately 160 million people.
Chart Talk: This chart from Visual Capitalist shows the differences in wealth composition between middle income, upper income, and ultra wealthy (top 1%) American households to help us see that net worth means something very different depending on your class.
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