Hispanic Poverty Rate Highest In New Supplemental Census Measure
Hispanics have the highest poverty rate of the nation’s largest racial and ethnic groups under an alternative Census Bureau calculation known as the Supplemental Poverty Measure. The alternative measure is intended to better reflect the costs of basic living expenses as well as the resources people have to pay them.
The Rising Age Gap in Economic Well-Being
Older adults have made dramatic gains relative to younger adults in their economic well being during the past quarter century, according to a new Pew Research Center analysis of data from two key U.S. Census sources.
Adding Context to the Census Bureau’s Report on the Rise in Poverty Rate
Recent Pew Research Center reports provide extra context for Tuesday’s announcement by the Census Bureau the nation’s poverty rate grew to 15.1% in 2010.
Wealth Gaps and Perception Gaps: A Paradox of the Great Recession
When the real estate market melted down, those hit hardest by the sharp drop in household wealth were blacks and Hispanics. But even while their wealth was being decimated, the political reaction among the nation’s minorities has been surprisingly muted.
Wealth Gaps Rise to Record Highs Between Whites, Blacks and Hispanics
The lopsided wealth ratios are the largest since the government began publishing such data a quarter century ago and roughly twice the size of the ratios that had prevailed between these three groups for the two decades prior to the Great Recession that ended in 2009.
Hispanics and the Economic Downturn: Housing Woes and Remittance Cuts
Latinos, especially the foreign-born, are feeling the sting of the economic downturn and, in some respects, even more so than the general population.
Who Wants To Be Rich?
Anyone who thinks that Americans worship at the feet of the almighty dollar should ask the American public. In fact, a new Social Trends survey finds only 13% of adults say it’s “very important” for them to be wealthy, ranking this personal priority far behind six others measured.
Inside the Middle Class: Bad Times Hit the Good Life
A new Pew Social Trends study finds that fewer Americans now than at any time in the past half century believe they’re moving forward in life. But at the same time, two-thirds say they have a higher standard of living than their parents had.
A Nation of “Haves” and “Have-Nots”?
Over the past two decades, the number of Americans who see the country as divided along economic lines has increased sharply, and twice as many people now see themselves among the society’s “have-nots.”
The Republican Party has traditionally garnered it strongest backing from wealthier voters. But the recent overall decline in Republican Party affiliation nationwide has taken a toll even on GOP support among affluent voters.