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Topic: EconomicsNews
November 2011
Conferences held by think tanks are par for the course in Washington, but the Joint Center for Political and Economic Studies sponsored an afternoon of plenary sessions that set this effort apart from the pack.
Policy experts, scholars and leaders in business, politics and civil rights gathered at the National Press Club to take part in the Joint Center’s African-...
October 2011
Social researchers and financial experts agree that women investing for retirement--especially those from African-American, Latino and other ethnic communities--are facing tough choices in the wake of the last decade’s financial downturns.
Today’s tough economy leaves female retirees—regardless of whether they’ve had financial guidance—to grapple with decisions...
September 2011
In a briefing held Friday by the National Academy of Social Insurance (NASI), Social Security advocates said cutting seniors’ benefits to pay down the nation’s deficit would be highly destructive for current Social Security recipients and future beneficiaries.
Recently, lawmakers have suggested reforming America’s Social Security plan out of concern that it will run out of...
August 2011
On Friday the U.S. ratings agency Standard & Poor's slapped the United States with a downgrade, demoting the country from a top-notch AAA credit rating to AA+. Although the nation's other two major agencies, Moody's Investor Service and Fitch Ratings, reaffirmed the United States' AAA credit rating, S&P's move triggered fear through the stock market, which on Monday...
August 2011
The most successful blacks and Hispanics are more likely to have poor neighbors than are whites, according to a new analysis of Census data.
The average affluent black and Hispanic household — defined in the study as earning more than $75,000 a year — lives in a poorer neighborhood than the average lower-income non-Hispanic white household that makes less than $40,000 a year...
July 2011
A new study of U.S. census data reveals that wealth gaps between whites and minorities in the United States have grown to their widest levels since the U.S. government began tracking them a quarter-century ago. White Americans now have on average 20 times the net worth of African Americans and 18 times that of Latinos. According to the Pew Research Center, the gaps were compounded during the...
July 2011
White Americans now have more than 20 times the wealth of the average black household and 18 times more wealth than that of Latino household, according to a study released Monday by the Pew Research Center.
The wealth gap between blacks and whites continues to grow, the study found, and is now the widest in 25 years.
The study confirmed what many already knew — the “Great...
Video
August 2011
On August 1, 2011, the Joint Center conducted a webinar that focused on the challenges facing African Americans and other people of color, and particularly their concerns that measures related to the debt ceiling debate could exacerbate already high unemployment and undermine short-term and long-term economic prospects. Congressman Bobby Scott (D-VA) joined several scholars and economists in...
Press Release
August 2011
The Joint Center for Political and Economic Studies has scheduled a webinar today to focus on the challenges facing African Americans and other people of color, and particularly their concerns that measures related to the debt ceiling debate could exacerbate already high unemployment and undermine short-term and long-term economic prospects.Journalists who dial in will have the opportunity to...
