The unemployment rate has also risen precipitously in recent months, reaching 14.7% in April before falling back to 11.1% in June. Worryingly, the last time the US unemployment rate exceeded the recent peak was during the Great Depression.
La réaction rapide du gouvernement des États-Unis a contribué à protéger les ménages et les entreprises du choc économique immédiat provoqué par la pandémie de Covid-19, parallèlement à la poursuite des efforts déployés pour juguler la propagation du virus.
Mr. Angel Gurría, Secretary-General of the OECD, will present the 2020 OECD Economic Survey of the United States on Thursday 9 July 2020, alongside Mr. Tyler Goodspeed, Acting Chairman of the Council of Economic Advisers (CEA).
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In the United States, hours worked fell by over 15%, on average, in the first three months since the COVID-19 crisis began. For comparison, the average change in hours worked for the first three months of the financial crisis of 2008 was just 1.7%. In addition, GDP is projected to have fallen by 13.6% between the last quarter of 2019 and the second quarter of 2020.
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This note provides a comprehensive overview of the extent to which laws in the United States and OECD countries ensure equal treatment of LGBTI people, and of the complementary policies that could help foster LGBTI inclusion.
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The tax wedge for the average single worker in the United States increased by 0.2 percentage points from 29.6 in 2018 to 29.8 in 2019. The OECD average tax wedge in 2019 was 36.0 (2018, 36.1).