Sunday, May 24, 2026

Parents believe that their children will be financially worse


One of the consequences of the pandemic is the bleak long-term economic outlook.According to a report Data from the Pew Research Center on Wednesday showed that nearly 70% of American parents believe their children’s financial situation will be worse.

The Global Assessment surveyed 18,850 adults in 17 major advanced economies. The United States ranks sixth in pessimism on children’s financial futures, tied with Canada and behind Japan, France, Italy, Spain and Belgium.

In the past 16 months, children have seen their classes transition from physical schools to virtual worlds.Therefore, students are faced with various challenges, from Increased incidence of depression and anxiety To Loss of student learning.

These challenges will only be due to Economic depression Caused by pandemic blockades and restrictions, CNBC pointed out.

Although the economy is recovering, Unemployed It is still very high, with 9.3 million Americans out of work.

Federal Reserve Chairman Jerome Powell (Jerome Powell) said: “Although the speed of the early recovery is surprising, we are still far from realizing a strong labor market where benefits are widely shared.” tell New York Economic Club in February.

According to the Pew report, 71% of Americans believe that the current national economic situation is very bad.





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