How to Handle Debt in an Unequal Recovery kxly.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kxly.com Daily Mail and Mail on Sunday newspapers.
The past year has fractured our world in countless ways. Now, as people look to pick up the pieces, those managing debt need to account for their position in ou
The past year has fractured our world in countless ways. Now, as people look to pick up the pieces, those managing debt need to account for their positi.
Millennial Money: 3 debt strategies for an unequal recovery
by Sean Pyles Of Nerdwallet, The Associated Press
Posted Mar 2, 2021 6:47 am EDT
Last Updated Mar 2, 2021 at 6:58 am EDT
The past year has fractured our world in countless ways. Now, as people look to pick up the pieces, those managing debt need to account for their position in our uneven economic recovery.
In this so-called K-shaped recovery, one part of the population is rebounding quickly while another has a longer, slower path. For example, in January the unemployment rate for whites was 5.7%, compared to 8.6% for Hispanics and 9.2% for Black workers and 6.6% for Asians, according to the Bureau of Labor Statistics.
Millennial Money: 3 debt strategies for an unequal recovery mynorthwest.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mynorthwest.com Daily Mail and Mail on Sunday newspapers.