Jobless claims fall to 305,000, near 6-year low, By Christopher S. Rugaber (AP), September 26, 2013, USA Today: “The number of Americans seeking unemployment benefits fell 5,000 last week to a seasonally adjusted 305,000, the second-lowest level in six years. Steady declines in applications show that very few companies are laying off workers. The Labor Department said Thursday that the less volatile four-week average declined 7,000 to 308,000, the lowest since June 2007…”
Day: September 26, 2013
Poverty Among Asian Americans – Los Angeles, CA
Census data mask poverty suffered by some Asian American groups, By Emily Alpert, September 25, 2013, Los Angeles Times: “Sixteen-year-old Mary Sem worries about her family. She has overheard her mother crying over memories of loved ones she lost to the Khmer Rouge. Her father and older sisters struggle to cover rent and the perpetual bills. Her college dreams are hitched to helping them. If Mary got a degree and a good job, ‘my family would be able to pay the bills on time,’ the teen said one day after school in Long Beach. ‘They wouldn’t need to worry about anything.’ The Sems, who trace their roots to Cambodia, have little in common with the stereotype of Asian Americans as a ‘model minority’ that is faring well economically. Poverty is less common, on average, among Asian Americans, Native Hawaiians and Pacific Islanders than the Los Angeles County average, data from the U.S. Census Bureau show. But those overall statistics mask deep financial woes among some Asian Americans, a report released Wednesday shows…”