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Income, Wealth & Poverty

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Income, Wealth & Poverty

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    The Compassion Component: Welfare Reform and the Tradition of Social Justice

    10 a.m. – 12:00 p.m. National Press Club Washington, D.C. Panelists: Ken Connor, President, Family Research Council Ron Haskins, Senior Advisor for Welfare Policy at the Domestic Policy Council of the White House Sharon Parrott, Co-director of Federal TANF Policy, Center on Budget and Policy Priorities Jim Skillen, President, Center for Public Justice Roberto Suro, […]

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    Work or Study

    The Latino labor force is experiencing a major generational shift as increasing numbers of today’s young native-born Latino Americans become workers. This report describes the wage, employment outcomes, and labor market attachment of Latino adults by age and generation during the economic expansion of the late 1990s.

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    New Lows From New Highs

    The long-term effects of the recession will likely depress employment and incomes in Hispanic communities at least through the end of 2004, and judging from historical experience that time span will be longer than for any other major population group. Even if predictions of a turnaround later this summer prove valid, pocketbook issues will vex Latinos for several years after the national economy recovers. Second-generation Latinos–U.S.-born children of an immigrant parent– are now experiencing high job losses. In recent recessions Hispanic unemployment has fallen hardest on low-skilled immigrants. This time, young people who are the products of U.S. schools are experiencing the highest unemployment rates among Latinos. Many work in skilled occupations, including managers, technicians and professionals, and many are in the early years of household formation. Prolonged joblessness could prove a historic setback for them, their communities and the nation.

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    Hispanics and the Current Economic Downturn

    The purpose of this paper is to examine the potential impact of the current economic downturn on Hispanic workers and families, and analyze how prepared Hispanics are for the economic recession. The paper is divided into four sections: The first section briefly explores the progress made by Hispanics during the economic boom of the 1990s. The second section uses the experience of Hispanics in past economic downturns to predict how they will fare in the current economic slowdown. The third section analyzes how well prepared Hispanic workers are for the economic slowdown. The final section draws conclusions based on the first three sections.

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    The Impact of the 2001/2002 Economic Recession on Hispanic Workers

    Currently there are nearly 35 million Hispanics in the U.S., making them the second-largest ethnic group in the country. But the effect of the current recession on this important group is unknown. Yet, it is unlikely that all Hispanics have been similarly affected by the recession. Hispanics are a varied group not just in terms of national origin, but also in terms of time in the U.S., ranging from newly arrived immigrants to U.S.-born Hispanics. This report examines how three generations of Hispanics have fared in September and October 2001, compared to September 2000 and September 1999.

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    The Socioeconomic Status of Hispanic New Yorkers

    This research report presents data showing the major demographic and socioeconomic changes in the Hispanic population of New York in the 1990s. It shows that despite gains in some areas, on average, Hispanics in New York were not significantly better-off in 2000 than in 1990. The household income per capita of Hispanic New Yorkers increased only slightly in the 1990s, compared to a much stronger expansion among White New Yorkers. By 2000, Hispanics displayed per-capita income of about one-third that of the non-Hispanic White population. The roots of the lack of change in Hispanic overall socioeconomic status in the 1990s lie, first, in the major demographic changes in the city, as reflected in an influx of relatively unskilled immigrants and an exodus of relatively skilled, high-income Hispanic New Yorkers; it also responds to the sluggish economic recovery of the city from one of its most severe recessions this century.