- Economy is still bruised five years after crisis, Paul Davidson, September 10, 2013, USA Today: ” Growth continues, but at a slow pace; job creation is up, but pay raises are scant. The economy is growing but at a listless 2% annual pace. Employers are adding jobs, but many are part time and low-paying. Mortgages are easier to get, but not for first-time home buyers…”
- Five years after crash, states still picking up pieces, By Pamela M. Prah, September 4, 2013, Stateline: “Five years after the 2008 financial crisis sent the U.S. economy into a tailspin, only a handful of states are charging full steam ahead. Four states’ economies are the shakiest and one of them, Delaware, is in danger of slipping back into recession. For the first time in five years, Moody’s Investors Service in August revised its overall outlook at the state level from ‘negative’ to ‘stable,’ due in large part to improving labor and housing markets that have boosted consumer confidence. In a sign of how precarious and uneven the recovery is, Moody’s will later this week lift three states from being at risk of falling into recession to edging into recovery: Alabama, Illinois and Wisconsin. But those recoveries are the weakest in the country, Steven G. Cochrane, managing director of Moody’s Analytics, told Stateline…”
Poverty-related issues in the news, from the Institute for Research on Poverty