Tuesday, October 15, 2019

Tag: great recession

Housing Discrimination, Redlining and Lack of Land...

The wealth gap between African-Americans and whites has persisted for generations, but new research indicates that housing discrimination is the main culprit for this...

In Post-Recession America Why Is Homeownership Still...

Having spent much of her adulthood in Section 8 housing, Natasha Jones never imagined that she’d one day become a homeowner. But in March,...

June Hiring Surge Continues Obama-era Recovery Gains

WASHINGTON (AP) — Hiring surged in June in a surprising show of U.S. economic vitality eight years into the recovery from the Great Recession....

Study: Blacks at a 54% Greater Risk...

The scope of the problem of race-based mortgage discrimination against the Black community is well documented, and certainly an issue on which Atlanta Blackstar...

Study: Racial Discrimination In Mortgage Lending Continues...

The study, just published in the Journal of Urban Economics by economists from Marquette, Texas Christian and Georgia State University, identified Mortgage Loan Originators,...

Washington D.C., Leads the Nation in Black...

A new study indicates that Black unemployment remains high across the nation, with Washington, D.C. having the highest rate of joblessness among African-Americans nationwide....

Johns Hopkins Study Finds Black Homebuyers Better...

A new study counters the narrative of the American Dream and home ownership, particularly as it applies to Blacks. A new Johns Hopkins University study...

Economic Policy Institute Says Government Shutdown Would...

A progressive Washington, D.C. think tank predicts a government shutdown would hurt Black workers. A report from the Economic Policy Institute (EPI) said Black...

St. Louis Federal Reserve Study Proves What...

Higher education is beneficial, but it is not a panacea, especially when it comes to closing the wealth gap between whites and people of...

Black Unemployment Rate Falls to the Single...

For the first time since the U.S. started its climb to economic recovery, the Black unemployment rate has fallen to the single digits. On the...

iBuild Wealth Workshop Aims to Put Americans...

The amount of Americans battling with debt and being forced to abandon their retirement plans has been on a steady incline even as politicians...

10 Charts That Really Put the Severity...

Ghost Believers “More whites believe in ghosts than believe in racism,” NBA legend Kareem Abdul-Jabbar, a former center for the Los Angeles Lakers, said to...

Typical American Household Significantly Poorer Than It...

The typical American household was significantly poorer in 2013 than it was 10 years earlier as a result of the Great Recession, a new study...

US Economy Regains the 8.8 Million Jobs...

The U.S. economy passed an important milestone last month in the process of adding 192,000 jobs—  private employers have finally regained all the jobs...

Census Report: Black Income Drops Astounding 15.8...

While it has been documented that African-American households have a much lower median income than any other racial group, a new report by the...

Single Women Started Losing Jobs Even Before...

Economists have long known that single women were far more likely to lose their jobs during the Great Recession — in fact, the employment...