Job Market Monitor
Poverty
Europe – Branding for Increased Poverty
Record high unemployment in the EU has forced some of the larger consumer goods companies to shift marketing strategies. They target poverty-stricken Europeans’ demand for cheaper goods in the midst of an economic crisis. Unilever – the third-largest consumer goods company in the world, which manufactures hundreds of brands like Aviance, Ben & Jerry’s, Dove … Continue reading
Great Recession – One in six Californians went hungry
About 3.8 million Californians went hungry during the recession, according to a report released Monday by the UCLA Center for Health Policy Research. More than 1.1 million of those adults were in Los Angeles County. Altogether, about one in six Californians had “food insecurity,” meaning they couldn’t put enough food on the table and experienced … Continue reading
UN Millennium development Goals report 2012 – Extreme poverty is falling in every region
The Millennium Development Goals (MDGs) agreed to by world leaders over a decade ago have achieved important results. Working together, Governments, the United Nations family, the private sector and civil society have succeeded in saving many lives and improving conditions for many more. The world has met some important targets—ahead of the deadline. • Extreme poverty … Continue reading
UK double-dip recession: been there before
With Britain now in a double-dip recession for the first time since the turbulent 1970s, Panorama’s Adam Shaw offers an analysis of the nation’s ability to revive its finances and asks if the poor are increasingly being left behind. We have indeed been here before. The last time we found ourselves in such dire economic … Continue reading
U.S. | Nearly $1 Trillion a year fighting poverty and over the next 10 years, governments will spend $250,000 for every poor American
On January 8, 1964, President Lyndon B. Johnson delivered a State of the Union address to Congress in which he declared an “unconditional war on poverty in America.” At the time, the poverty rate in America was around 19 percent and falling rapidly. This year, it is reported that the poverty rate is expected to … Continue reading
U.S. | Shares of Low-wage and low-income workers have grown over the last three decades
Three decades of stagnating earnings for bottom deciles of male wage earners and 1990s anti-poverty policies promoting employment among poor single mothers suggest increases in the ranks of low-wage breadwinners living in low-income households. Low-wage workers often get few employer sponsored benefits, while antipoverty programs target poor non-earners; these factors suggest low-wage and low-income workers may be unprotected … Continue reading
Asia | Stable inequality over the past two decades would have lifted 240 million people more out of poverty
Developing Asia’s rapid growth in recent years has given rise to a widening rich-poor divide that threatens to undermine the region’s growth and stability, but governments can address the problem via shifts in spending priorities, the Asian Development Bank said. The region must spend more on education and health, create quality jobs and invest in … Continue reading
The “end welfare as we know it” and the Great Recession
Perhaps no law in the past generation has drawn more praise than the drive to “end welfare as we know it,” which joined the late-’90s economic boom to send caseloads plunging, employment rates rising and officials of both parties hailing the virtues of tough love. But the distress of the last four years has added … Continue reading
Low wage and income workers are both less likely to receive employer benefits and less likely to receive public benefits
“Three decades of stagnating earnings for bottom deciles of male wage earners and 1990s anti-poverty policies promoting employment among poor single mothers suggest increases in the ranks of low-wage breadwinners living in low-income households. Low-wage workers often get few employer sponsored benefits, while antipoverty programs target poor non-earners; these factors suggest low-wage and lowincome workers … Continue reading
The 1996 Welfare Reform and the Great Recession
The chart below puts these changes in a broad historical perspective. I used annual tables from the Bureau of Labor Statistics on employment among women by marital status for all women 16 and over (the tables are not separated for heads of households and spouses, as I did for my 2007-10 analysis). Source: Bureau of … Continue reading
The Academic Achievement Gap is Widening
The socioeconomic status of a child’s parents has always been one of the strongest predictors of the child’s academic achievement and educational attainment… Students in the bottom quintile of family socioeconomic status score more than a standard deviation below those in the top quintile on standardized tests of math and reading when they enter kindergarten… These differences … Continue reading
A jobs-centered approach to African American community development: The crisis of African American unemployment requires federal intervention | Economic Policy Institute
Unemployment rates for African Americans have been far higher than those of whites for the past 50 years, even in good times. In fact, since 1960 the black unemployment rate has been about twice the white rate. Had blacks had the same unemployment rate as whites in 2010, an additional 1.3 million blacks would have been employed. Millions of African Americans live … Continue reading
Joblessness Leads to More Hungry and Homeless Families in U.S. Cities – U.S. Conference of Mayors
In the midst of a struggling economy and continuing high levels of unemployment, U.S. cities are feeling the pressure from increased numbers of hungry and homeless families according to a U.S. Conference of Mayors (USCM) report on the status of Hunger and Homelessness in 29 cities in America. Continue reading
‘One Bad Bill’: One in Three Americans Are Poor or Near-Poor – News – GOOD
We tend to separate the 99 percent into “poor,” “working class,” and “middle class.” But those categories may be becoming obsolete. According to new numbers crunched by the Census Bureau and The New York Times, many of us—17 percent, according to the Times’ measure—are one paycheck away from economic disaster, making one in three Americans … Continue reading
Rising Share of Americans See Conflict Between Rich and Poor | Pew Social & Demographic Trends
The Occupy Wall Street movement no longer occupies Wall Street, but the issue of class conflict has captured a growing share of the national consciousness. A new Pew Research Center survey of 2,048 adults finds that about two-thirds of the public (66%) believes there are “very strong” or “strong” conflicts between the rich and the … Continue reading
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