What’s the meaning of the World Bank’s new poverty lines?, By Marc Silver and Malaka Gharib, October 25, 2017, National Public Radio: “According to the World Bank, if you’re living on $1.90 a day or less, you’re living in extreme poverty. The 767 million people in that category have $1.90 a day or less in purchasing power to fulfill their daily needs…”
Month: October 2017
Affordable Housing
America’s affordable-housing stock dropped by 60 percent from 2010 to 2016, By Tracy Jan, October 23, 2017, Washington Post: “The number of apartments deemed affordable for very low-income families across the United States fell by more than 60 percent between 2010 and 2016, according to a new report by Freddie Mac. The report by the government-backed mortgage financier is the first to compare rent increases in specific units over time. It examined loans that the corporation had financed twice between 2010 and 2016, allowing a comparison of the exact same rental units and how their affordability changed…”
Unemployment Compensation Fund – Ohio
Should Ohio workers have their wages taxed to pay for state jobless benefits?, By Catherine Candisky, October 22, 2017, Columbus Dispatch: “A proposal to shore up Ohio’s unemployment-compensation fund would draw millions of dollars from workers because they would be required for the first time to contribute to jobless benefits. Under House Bill 382 introduced by state Rep. Kirk Schuring, R-Canton, new premiums charged to employees would begin in 2019, generating $125 million that year. That would equal 10 percent of the unemployment taxes paid by employers, who also face a rate increase…”