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Book The Great Recession

Download or read book The Great Recession written by David B. Grusky and published by Russell Sage Foundation. This book was released on 2011-10-01 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: Officially over in 2009, the Great Recession is now generally acknowledged to be the most devastating global economic crisis since the Great Depression. As a result of the crisis, the United States lost more than 7.5 million jobs, and the unemployment rate doubled—peaking at more than 10 percent. The collapse of the housing market and subsequent equity market fluctuations delivered a one-two punch that destroyed trillions of dollars in personal wealth and made many Americans far less financially secure. Still reeling from these early shocks, the U.S. economy will undoubtedly take years to recover. Less clear, however, are the social effects of such economic hardship on a U.S. population accustomed to long periods of prosperity. How are Americans responding to these hard times? The Great Recession is the first authoritative assessment of how the aftershocks of the recession are affecting individuals and families, jobs, earnings and poverty, political and social attitudes, lifestyle and consumption practices, and charitable giving. Focused on individual-level effects rather than institutional causes, The Great Recession turns to leading experts to examine whether the economic aftermath caused by the recession is transforming how Americans live their lives, what they believe in, and the institutions they rely on. Contributors Michael Hout, Asaf Levanon, and Erin Cumberworth show how job loss during the recession—the worst since the 1980s—hit less-educated workers, men, immigrants, and factory and construction workers the hardest. Millions of lost industrial jobs are likely never to be recovered and where new jobs are appearing, they tend to be either high-skill positions or low-wage employment—offering few opportunities for the middle-class. Edward Wolff, Lindsay Owens, and Esra Burak examine the effects of the recession on housing and wealth for the very poor and the very rich. They find that while the richest Americans experienced the greatest absolute wealth loss, their resources enabled them to weather the crisis better than the young families, African Americans, and the middle class, who experienced the most disproportionate loss—including mortgage delinquencies, home foreclosures, and personal bankruptcies. Lane Kenworthy and Lindsay Owens ask whether this recession is producing enduring shifts in public opinion akin to those that followed the Great Depression. Surprisingly, they find no evidence of recession-induced attitude changes toward corporations, the government, perceptions of social justice, or policies aimed at aiding the poor. Similarly, Philip Morgan, Erin Cumberworth, and Christopher Wimer find no major recession effects on marriage, divorce, or cohabitation rates. They do find a decline in fertility rates, as well as increasing numbers of adult children returning home to the family nest—evidence that suggests deep pessimism about recovery. This protracted slump—marked by steep unemployment, profound destruction of wealth, and sluggish consumer activity—will likely continue for years to come, and more pronounced effects may surface down the road. The contributors note that, to date, this crisis has not yet generated broad shifts in lifestyle and attitudes. But by clarifying how the recession’s early impacts have—and have not—influenced our current economic and social landscape, The Great Recession establishes an important benchmark against which to measure future change.

Book The Impact of Immigration on African Americans

Download or read book The Impact of Immigration on African Americans written by Steven Shulman and published by Routledge. This book was released on 2017-09-04 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: Immigration has significant consequences for all Americans, but especially for African Americans.áThe sheer magnitude of immigration--it is the primary factor driving population growth--is so large that it directly or indirectly affects the economic, political, social, and environmental circumstances of most Americans.áBut the geographic concentration of immigrants in urban areas, and the economic concentration of immigrants in the low-wage sector of the labor market, have special consequences for African Americans since they are especially likely to live in urban areas and to be low-wage workers.These effects can be both negative and positive. Immigration has sharply increased the supply of labor into the low-wage sector of the labor market, which tends to reduce wages and employment opportunities for low-wage native workers. Employers may prefer hiring immigrants, who are perceived to be hard working and uncomplaining, to hiring African Americans. Immigrants can also increase the competition for scarce public services (especially education) on which African Americans depend. Yet immigration can also stimulate economic growth and urban revitalization, which can increase job opportunities and spread an ideology of multiculturalism. Immigration can dilute the political power of African Americans, but it can also strengthen the civil rights coalition. Immigration can benefit some groups while hurting others.This volume presents research and analysis that reflects and advances the debates about the economic and political consequences of immigration for African Americans. The contributors include Gerald Jaynes (Yale University), Vernon Briggs (Cornell University), Frank Bean and Jennifer Lee (University of California, Irvine), Robert Cherry (Brooklyn College), Manuel Pastor (University of California, Santa Cruz) and Enrique Marcelli (University of Massachusetts, Boston), Steven Camarota (Center for Immigration Studies), Frank Morris (University of Texas, D

Book The Youth Labor Market Problem

Download or read book The Youth Labor Market Problem written by Richard B. Freeman and published by University of Chicago Press. This book was released on 2007-12-01 with total page 568 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume brings together a massive body of much-needed research information on a problem of crucial importance to labor economists, policy makers, and society in general: unemployment among the young. The thirteen studies detail the ambiguity and inadequacy of our present standard statistics as applied to youth employment, point out the error in many commonly accepted views, and show that many critically important aspects of this problem are not adequately understood. These studies also supply a significant amount of raw data, furnish a platform for further research and theoretical work in labor economics, and direct attention to promising avenues for future programs.

Book Class and Schools

    Book Details:
  • Author : Richard Rothstein
  • Publisher : Teachers College Press
  • Release : 2004
  • ISBN : 9780807745564
  • Pages : 210 pages

Download or read book Class and Schools written by Richard Rothstein and published by Teachers College Press. This book was released on 2004 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contemporary public policy assumes that the achievement gap between black and white students could be closed if only schools would do a better job. According to Richard Rothstein, "Closing the gaps between lower-class and middle-class children requires social and economic reform as well as school improvement. Unfortunately, the trend is to shift most of the burden to schools, as if they alone can eradicate poverty and inequality." In this book, Rothstein points the way toward social and economic reforms that would give all children a more equal chance to succeed in school. This book features: a summary of numerous studies linking school achievement to health care quality, nutrition, childrearing styles, housing stability, parental economic security, and more ; aA look at erroneous and misleading data that underlie commonplace claims that some schools "beat the demographic odds and therefore any school can close the achievement gap if only it adopted proper practices." ; and an analysis of how the over-emphasis of standardized tests in federal law obscures the true achievement gap and makes narrowing it more difficult.

Book The Labor Supply for Lower Level Occupations

Download or read book The Labor Supply for Lower Level Occupations written by Harold Wool and published by . This book was released on 1976 with total page 588 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Race between Education and Technology

Download or read book The Race between Education and Technology written by Claudia Goldin and published by Harvard University Press. This book was released on 2009-07-01 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a careful historical analysis of the co-evolution of educational attainment and the wage structure in the United States through the twentieth century. The authors propose that the twentieth century was not only the American Century but also the Human Capital Century. That is, the American educational system is what made America the richest nation in the world. Its educational system had always been less elite than that of most European nations. By 1900 the U.S. had begun to educate its masses at the secondary level, not just in the primary schools that had remarkable success in the nineteenth century. The book argues that technological change, education, and inequality have been involved in a kind of race. During the first eight decades of the twentieth century, the increase of educated workers was higher than the demand for them. This had the effect of boosting income for most people and lowering inequality. However, the reverse has been true since about 1980. This educational slowdown was accompanied by rising inequality. The authors discuss the complex reasons for this, and what might be done to ameliorate it.

Book African Americans in the U S  Economy

Download or read book African Americans in the U S Economy written by Cecilia Conrad and published by Rowman & Littlefield Publishers. This book was released on 2005 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: The forty-three chapters in African Americans in the U.S. Economy focus on various aspects of the economic status of African Americans, past and present. Taken together, these essays present two related themes: first, when it comes to economics, race matters; second, racial economic discrimination and inequality persist despite the optimistic predictions of standard economic analysis that racial discrimination cannot thrive in a free-market economy. Visit our website for sample chapters!

Book R   D Monograph

Download or read book R D Monograph written by and published by . This book was released on with total page 1278 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Economics of Immigration and Social Diversity

Download or read book The Economics of Immigration and Social Diversity written by Solomon W. Polachek and published by Emerald Group Publishing. This book was released on 2006-01-05 with total page 489 pages. Available in PDF, EPUB and Kindle. Book excerpt: Part of "The Research in Labor Economics" series, this volume is a collection of papers dedicated to the memory of the late Tikva Lecker. Professor Lecker's many interests included topics in labor economics, women and the economy, the economics of Judaism, the economics of migration and the economic experience of immigrants and their descendants.

Book Communities in Action

    Book Details:
  • Author : National Academies of Sciences, Engineering, and Medicine
  • Publisher : National Academies Press
  • Release : 2017-04-27
  • ISBN : 0309452961
  • Pages : 583 pages

Download or read book Communities in Action written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2017-04-27 with total page 583 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the United States, some populations suffer from far greater disparities in health than others. Those disparities are caused not only by fundamental differences in health status across segments of the population, but also because of inequities in factors that impact health status, so-called determinants of health. Only part of an individual's health status depends on his or her behavior and choice; community-wide problems like poverty, unemployment, poor education, inadequate housing, poor public transportation, interpersonal violence, and decaying neighborhoods also contribute to health inequities, as well as the historic and ongoing interplay of structures, policies, and norms that shape lives. When these factors are not optimal in a community, it does not mean they are intractable: such inequities can be mitigated by social policies that can shape health in powerful ways. Communities in Action: Pathways to Health Equity seeks to delineate the causes of and the solutions to health inequities in the United States. This report focuses on what communities can do to promote health equity, what actions are needed by the many and varied stakeholders that are part of communities or support them, as well as the root causes and structural barriers that need to be overcome.

Book Economic Dignity

Download or read book Economic Dignity written by Gene Sperling and published by Penguin. This book was released on 2021-10-12 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Timely and important . . . It should be our North Star for the recovery and beyond.” —Hillary Clinton “Sperling makes a forceful case that only by speaking to matters of the spirit can liberals root their belief in economic justice in people’s deepest aspirations—in their sense of purpose and self-worth.” —The New York Times When Gene Sperling was in charge of coordinating economic policy in the Obama White House, he found himself surprised when serious people in Washington told him that the Obama focus on health care was a distraction because it was “not focused on the economy.” How, he asked, was the fear felt by millions of Americans of being one serious illness away from financial ruin not considered an economic issue? Too often, Sperling found that we measured economic success by metrics like GDP instead of whether the economy was succeeding in lifting up the sense of meaning, purpose, fulfillment, and security of people. In Economic Dignity, Sperling frames the way forward in a time of wrenching change and offers a vision of an economy whose guiding light is the promotion of dignity for all Americans.

Book Personnel Management Abstracts

Download or read book Personnel Management Abstracts written by and published by . This book was released on 2000 with total page 872 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book 21st Century Economics  A Reference Handbook

Download or read book 21st Century Economics A Reference Handbook written by Rhona C. Free and published by SAGE Publications. This book was released on 2010-05-14 with total page 1038 pages. Available in PDF, EPUB and Kindle. Book excerpt: Interest in economics is at an all-time high. Among the challenges facing the nation is an economy with rapidly rising unemployment, failures of major businesses and industries, and continued dependence on oil with its wildly fluctuating price. Economists have dealt with such questions for generations, but they have taken on new meaning and significance. Tackling these questions and encompassing analysis of traditional economic theory and topics as well as those that economists have only more recently addressed, 21st Century Economics: A Reference Handbook is a must-have reference resource. Key Features Provides highly readable summaries of theory and models in key areas of micro and macroeconomics, helpful for students trying to get a "big picture" sense of the field Includes introductions to relevant theory as well as empirical evidence, useful for readers interested in learning about economic analysis of an issue as well for students embarking on research projects Features chapters focused on cutting-edge topics with appeal for economists seeking to learn about extensions of analysis into new areas as well as new approaches Presents models in graphical format and summarizes empirical evidence in ways that do not require much background in statistics or econometrics, so as to maximize accessibility to students

Book The Declining Importance of Race and Gender in the Labor Market

Download or read book The Declining Importance of Race and Gender in the Labor Market written by June E. O'Neill and published by AEI Press. This book was released on 2012-12-16 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Declining Importance of Race and Gender in the Labor Market provides historical background on employment discrimination and wage discrepancies in the United States and on government efforts to address employment discrimination

Book Monthly Labor Review

Download or read book Monthly Labor Review written by and published by . This book was released on 1982 with total page 640 pages. Available in PDF, EPUB and Kindle. Book excerpt: Publishes in-depth articles on labor subjects, current labor statistics, information about current labor contracts, and book reviews.

Book Young  Black  and Male in America

Download or read book Young Black and Male in America written by Jewelle Taylor Gibbs and published by Praeger. This book was released on 1988-05-30 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: In this book, experts provide indepth analyses of the economic, social, cultural, and political factors that have contributed to the deteriorating status of black youth, particularly black males. The authors propose a comprehensive family policy and a network of services that address the causes of the multiple problems facing black youth. Topics include: education; employment; delinquency; substance use; teenage fatherhood; physical and mental health; homicide, suicide, accidents, and life-threatening behaviors; the impact of public policy on the status of young black males; and conclusions and recommendations.

Book Bulletin of the Bureau of Labor Statistics

Download or read book Bulletin of the Bureau of Labor Statistics written by and published by . This book was released on 1982 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: