Clark Merrefield joined Journalist’s Resource in 2019 after working as a reporter for Newsweek and The Daily Beast, as a researcher and editor on three books related to the Great Recession, and as a federal government communications strategist. He was a John Jay College Juvenile Justice Journalism Fellow and his work has been awarded by Investigative Reporters and Editors. @cmerref
The unemployment rate in the U.S. has been percentage points higher than officially reported since the coronavirus pandemic shut down the economy. We break down the misclassification error behind the underreporting.
Research is sparse on the long-term financial effects of the 1921 Tulsa Race Massacre, but three studies illuminate the economic fallout from the white riot that destroyed the predominately black Greenwood District.
As the coronavirus downturn stretches into mid-2020 with historic unemployment rates, low- and middle-income Americans may increasingly turn to alternative financial services for cash to buy food and other essentials.