Public Knows Basic Facts About Financial Crisis
High percentages of Americans know that the government assistance to banks is aimed at getting them to lend more money, not less money and that China is the foreign country holding the most U.S. government debt. Notably, more Americans know the current unemployment rate than the current level of the Dow Jones Industrial Average.
Jobs Worries Climb the Economic Ladder
For the public, the continuing financial crisis has been overtaken by a jobs crisis; the proportion citing jobs or unemployment as the nation’s most important economic problem has more than quadrupled to 42% since early October and concern about job loss has climbed steeply among affluent Americans.
Immigrant Latino Unemployment Rises Sharply
Job loss data reveal a rapidly worsening situation for foreign-born Hispanics, native-born Hispanics and blacks in the labor market.
Higher Law: Faith-Based Hiring and the Obama Administration
During his campaign, then-candidate Barack Obama said he would overturn the Bush administration’s actions allowing religious groups that receive federal funds for providing social services to restrict hiring to those of the same faith. A scholar discusses the legal pros and cons of such a reversal.
On Obama’s Desk: Economy, Jobs Trump All Other Policy Priorities
While it is not unusual for Americans to prioritize domestic over foreign policy, a new survey finds strengthening the economy and improving the job situation are higher priorities today than they have been at any point over the past decade, and the recent upward trend has been steep.
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.