Economic Security

The Economy Needs a Triple Hitter: Jobs, Safety Nets and Targeted Policies

Check out the latest from NCRW Senior Fellow and Executive Director of the Women of Color Policy Network at NYU Wagner, Nicole Mason:

According to the U.S. Census, there are enough new poor people in the U.S. to fill the New York Yankees Stadium more than six times over. And since the start of the recession in 2007, over six million have slipped into poverty--that's more than twice the size of the city of Chicago. This is not a simply a case of the poor sliding deeper into poverty, but of individuals straddling the line between middle class stability and poverty falling over the edge.

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NCRW Background Paper: Project on the Economic Recovery Act

In the midst of the current economic crisis—which is exacerbating previously existing disparities and inequalities in the United States—the Recovery Act offers an opportune moment to raise up public investment for all Americans and make inroads on gender equality. Building on the Council’s commitment to policies and programs that advance women’s economic well-being, this project aims to gain a better understanding of the impact of the Act on women and their families. Additionally, the project would examine the inequities in the Recovery Act’s allocation of resources and ways to address the resulting disparities.

Ms. Foundation Hosts Successful Capitol Hill Briefing on the Recession

Last week, the Ms. Foundation for Women--in partnership with the Center for Community Change and Lake Research Partners--hosted a successful Capitol Hill briefing, sharing results from their recent poll on the impact of the recession on women.  According to Gail Cohen from the Joint Economic Committee,

only in May did women gain almost the same number of jobs as men -- but only in temporary Census jobs. In the private sector in May, women lost 1000 jobs while men gained 42,000 jobs.

To learn more about the briefing and download results of the poll, visit the Ms. Foundation's blog, Igniting Change.



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Yes, Virginia, the Recession Really Has Hurt Women

Hands down, this post from California NOW recieves the award for best title of a blog addressing the gloomy issue of the economic recession.  The post discusses a briefing hosted by the California Budget Project, which challenged this whole idea of a "mancession."  California NOW pulled out these (un)savory data points from the briefing:

  • The number of families supported solely by working mothers rose from 4.7% in 2006 to 8.5% in 2009.
  • California’s typical working woman earned 89.1 cents for every dollar earned by the typical working man in 2009.


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Bridging the Racial Wealth Gap

By Courtney A. Fiske*

The gap between the personal wealth of white and black Americans undergirds socioeconomic inequality in the United States. What’s more, it’s widening.

This fact served as the springboard for an online seminar hosted last Thursday by the Insight Center for Community Economic Development. Entitled “Social Security at 75,” the discussion probed the intersections between race, wealth (defined as earnings minus expenditures), and economic security.

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