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University of Wisconsin–Madison
Poverty-related issues in the news, from the Institute for Research on Poverty

Day: June 28, 2016

Racial Income and Wealth Gaps

Blacks still far behind whites in wealth and income, By Tanzina Vega, June 27, 2016, CNN Money: “Blacks in the United States continue to lag far behind whites in key areas of economic well-being like wealth, income and homeownership, a new report from the Pew Research Center finds.  While these trends have been consistent for decades, what’s particularly notable is that these disparities between blacks and whites persist regardless of the level of education they attain, said Juliana Horowitz, an associate director of research at Pew…”

Wisconsin Poverty Report

Report sheds new light on problem of poverty in Wisconsin, By Bill Glauber, June 26, 2016, Milwaukee Journal Sentinel: “Despite an increase in jobs, there was no reduction in poverty in Wisconsin between 2013 and 2014 under a broad measure developed by researchers at the University of Wisconsin.  Monday’s release of the eighth Wisconsin Poverty Report, produced by the Institute for Research on Poverty, showed that the poverty rate remained flat.  Unlike the federal government’s official poverty measure — which is based on pretax cash income — the Wisconsin Poverty Measure accounts for family income and government benefits…”