Black unemployment rate is consistently twice that of whites
Much has changed for African-Americans since the 1963 March on Washington (which, recall, was a march for “Jobs and Freedom”), but one thing hasn’t: The unemployment rate among blacks is still about double that among whites, as it has been for most of the past six decades.
Public social expenditures falling in most countries but still above pre-crisis levels
New economic figures from the Organization for Economic Cooperation and Development showed an increase in public spending among developed countries during the global financial crisis, but a survey of European nations indicated publics were now looking to ratchet it down.
Chart of the Week: Food stamp enrollment by state, over time
Participation in the federal food stamp program soared following the 2008-09 financial crisis. Our chart of the week, from the Wall Street Journal, shows how the participation rate differed by state.
China’s economic influence in Asia doesn’t always lead to positive feelings
Although China’s trade ties with and economic influence on its Asian and Pacific Rim neighbors are greater than ever, that’s doesn’t automatically translate into warmer feelings toward the People’s Republic among publics in the region.
Inflation: Low by the numbers, but still a big public concern
About eight-in-ten Americans think rising prices are a “very” or “moderately” big problem.
Economic impact of back-to-school shopping a matter of debate
August is prime season for buying back-to-school gear. But how much all that shopping adds to the economy is unclear.
Ready or not, 77 million kids and adults heading back to school soon
As back-to-school time approaches, statistics show that projected enrollment is on the rise again after slipping a bit in recent years.
Chart of the Week: Poverty by congressional district
In the 2000s, poverty rose more in Republican congressional districts than in Democratic districts, though it’s still more prevalent in Democratic districts.
Around the world, governments promote home ownership
High on Congress’ long to-do list is deciding what to do about Fannie Mae and Freddie Mac, the two giant government-run companies that dominate the nation’s mortgage market (together they accounted for 78% of all mortgage-backed securities issued in the first quarter of this year). Which is another way of saying, Congress has to decide […]
Tepid U.S. jobs data conceal modest momentum for blacks and Hispanics
Unemployment continues to be lower among whites than other groups, but job growth is slower compared with blacks and Hispanics — one reason, perhaps, why whites are the most pessimistic about the economy.