Posts Tagged Economy

By Chloe Angyal • 12 years ago

Hispanics hit hardest by the recession, new study finds

It’s a fact of life in the United States that race and class are not disparate categories, but correlated ones. A new study based on Census bureau data demonstrates exactly how this correlation plays out when a recession hits. The study, reported on today in the New York Times,

… found that the median wealth of Hispanic households fell by 66 percent from 2005 to 2009. By contrast, the median wealth of whites fell by just 16 percent over the same period. African Americans saw their wealth drop by 53 percent. Asians also saw a big decline, with household wealth dropping 54 percent.

The declines have led to the largest wealth disparities in the 25 years that the bureau has ...

It’s a fact of life in the United States that race and class are not disparate categories, but correlated ones. A new study based on Census bureau data demonstrates exactly how this correlation plays out when ...
By Samhita • 12 years ago

The importance of lady vacations

Last night over dinner and drinks I was hanging out with some old friends (I’m visiting my old home–the Bay Area–for a few weeks) and we got to talking about relationships and alone time. I emphatically stated that one reason I think I have stayed single for so long is that I am a person in need of a lot of alone time and relationships require a type of time and space management I don’t always feel able to do. Alone time gives me the space to work my things out, organize my life and figure out exactly what it is I am looking for–whether it be in love, career or ice cream flavors. Not having to answer to anyone ...

Last night over dinner and drinks I was hanging out with some old friends (I’m visiting my old home–the Bay Area–for a few weeks) and we got to talking about relationships and alone time. I emphatically stated ...
By Courtney • 13 years ago

Not Oprah’s Book Club: The Soul of Money

Lynne Twist, global development expert and founder of The Soul of Money Institute, pushes readers to get way below the surface when it comes to money, power, and social change in this book, The Soul of Money. In an interview, Twist explains her main approach to digging deep:

Money drives so much about human behavior in the world today, and we can see the adverse consequences in global terms when we look at patterns of violence, oppression and other social, political and economic inequities. At a personal level, we’ve all seen the way money often undermines relationships with family, friends and work associates. Now, more than ever, it’s imperative that we understand our individual relationship with money so ...

Lynne Twist, global development expert and founder of The Soul of Money Institute, pushes readers to get way below the surface when it comes to money, power, and social change in this book, The Soul ...
By Lori Adelman • 13 years ago

Maya and Lori on the “Beached White Male”: Newsweek spews steam out of its blowhole

Newsweek published an article this week about the plight of the “Beached White Male.” It asks, “Can manhood survive the depression?”

What a question! We decided to tackle that one together.

Maya: First of all, let’s be clear who we’re talking about here. This article is specifically discussing college-educated white men ages 35 to 64. Among this group, unemployment has more than doubled since the recession began and is now at over 5%. That’s 600,000 “beached white males.”

Lori: And as the authors of this article go out of their way to point out, men in this “kill zone” have lost jobs faster than any other group, including teenage girls. Did you hear that Maya? Even the silly young girlie ...

Newsweek published an article this week about the plight of the “Beached White Male.” It asks, “Can manhood survive the depression?”

What a question! We decided to tackle that one together.

Maya: First of all, let’s ...
By Chloe Angyal • 13 years ago

UK pay gap shrinks, but it’s not all good news

Good news! The pay gap in the UK is shrinking! BBC reports that this year, the pay gap between men and women shrank to 10.2%, the lowest it has ever been since the government began keeping track of it.

However, the news isn’t all good. While wages have risen for women on average, women who work part-time are paid a good deal less than men who work part-time. Also, it’s worth keeping in mind that while 10.2% is an improvement, it represents only a 6.8% drop since 1997.

The general secretary of the Trade Union Congress is not optimistic about what austerity measures might do for future pay gap stats. “With hundreds of thousands of female public servants set to lose ...

Good news! The pay gap in the UK is shrinking! BBC reports that this year, the pay gap between men and women shrank to 10.2%, the lowest it has ever been since the government began keeping ...

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