- Economy adds strong 211,000 jobs, unemployment at 10-year low, By Paul Davidson, May 5, 2017, USA Today: “The labor market bounced back in April amid milder weather as employers added 211,000 jobs, providing evidence that weakness the prior month was a blip that likely won’t keep the Federal Reserve from raising interest rates in June. The unemployment rate, which is calculated from a different survey, fell from 4.5% to 4.4%, a new 10-year low, the Labor Department said Friday…”
- Unemployment rate drops to lowest level in a decade in April as economy adds 211,000 jobs, By Ana Swanson, May 5, 2017, Washington Post: “The U.S. job market rebounded strongly last month and the unemployment rate fell to the lowest level seen in a decade, government data released Friday morning showed, calming fears that had bubbled up in the past month about the state of the economy…”
Day: May 5, 2017
Racial Disparities in Subsidized Housing
- The one area where racial disparities in housing have disappeared, By Tracy Jan, May 5, 2017, Washington Post: “Racial disparities in subsidized housing — which once saw poor black families overwhelmingly housed in large public developments — have essentially disappeared after decades of inequality, according to a new study by Johns Hopkins University researchers. But low-income black families are still far more likely than poor whites to live in segregated, impoverished neighborhoods…”
- Better housing as a path out of poverty: a tough test in Houston, By Simon Montlake, May 4, 2017, Christian Science Monitor: “Iyoba Moshay had just started her shift when she got a text from Alvin, her 7th-grade son. His school was on lockdown after a shooting, he said. There was a body prone on the street outside, visible from his classroom window. Ms. Moshay gulped, and went back to her job tending bar downtown at the Houston Astros’ stadium. It was the second shooting that month near the school, which has an F grade from Texas regulators. For Moshay, a single mother, it was one more reason to wish she could move to a different part of town, far from the crime and poverty of her all-minority neighborhood…”
Financial Stress Among Native Americans
Study shows high levels of financial distress among Native Americans, By David Erickson, May 2, 2017, Missoulian: “The use of high-cost borrowing methods such as payday loans and a lack of retirement and college savings plans may be keeping many in Montana’s Native American population in an endless cycle of poverty. There are more than 62,000 Native Americans in Montana, making up 6.6 percent of the state’s population, and a new national study has found that they are more likely to have high levels of financial distress compared to other demographic groups…”