- Steady hiring pushes down unemployment rates in 40 US states in April; only 3 report increases, Associated Press, May 17, 2013, Washington Post: “Solid hiring helped lower unemployment rates in 40 U.S. states last month, the most since November. The declines show the job market is improving throughout most of the country. The Labor Department said Friday that unemployment rates increased in only three states: Louisiana, Tennessee and North Dakota. Rates were unchanged in seven states…”
- Jobless rates fell in 40 states and D.C. in April, By Doug Carroll, May 17, 2013, USA Today: “Unemployment rates fell in 40 states and the District of Columbia in April, the government reported Friday. Three states had increases while jobless rates were unchanged in seven states…”
Day: May 17, 2013
Income Inequality in Developed Countries
- Income inequality in industrialized world continues to grow, says OECD, By Tavia Grant, May 14, 2013, Globe and Mail: “Income inequality is growing across the industrialized world, including Canada, with the global financial crisis deepening the divide between the rich and the poor, says an analysis to be released Wednesday. And the rate of change is quickening. The income gap increased at a faster pace in the three years to 2010 than it had in the previous 12 years, according to an Organization for Economic Co-operation and Development report…”
- Report: Income inequality rising in most developed countries, By Eliza Mackintosh, May 16, 2013, Washington Post: “The divide between rich and poor is widening in developed nations, according to a new report released Wednesday by the Paris-based Organization for Economic Cooperation and Development. According to the new data, economic disparity has risen more from 2007 to 2010 than in the preceding 12 years. Over this period, the OECD has documented increasing income inequality caused by the financial crisis, which it says is ‘squeezing income and putting pressure on inequality and poverty…'”
- Young and poor hit hardest as UK cuts widen inequality, says OECD, By Randeep Ramesh, May 14, 2013, The Guardian: “The OECD has warned that Britain faces rising levels of inequality by pursuing austerity polices that are widening the gulf between rich and poor. In a report examining the developed world’s response to the global slowdown, the thinktank warns that the ‘financial crisis is squeezing income and putting pressure on inequality and poverty’ across the board…”
Mixed-Income Housing – Nashville, TN
Mixed-income plan could lift Nashville public housing, By Joey Garrison, May 16, 2013, USA Today: “Long before Nashville’s Cumberland River found new life as an attraction, a slum community thrived along its East Bank. It grew during the Great Depression. And as the federal government systematically built barracks in cities for the poor in the 1940s, many inhabitants found their next home nearby: a new publicly subsidized housing development erected where a women’s college and mansion had been torn down near East Nashville’s Shelby Avenue. Here, on 64 rolling acres, emerged the James A. Cayce Homes, the doorstep to East Nashville and the city’s largest public housing neighborhood, shadowed by a loud interstate and plagued historically by crime and poverty. But today, as once-forgotten, now-buzzing East Nashville continues its rebirth, the city’s most visible swath of public housing — suddenly occupying a coveted location — is the subject of a planning process to rethink and potentially tear down, rebuild and overhaul the community…”