Hands down, this post from California NOW recieves the award for best title of a blog addressing the gloomy issue of the economic recession. The post discusses a briefing hosted by the California Budget Project, which challenged this whole idea of a "mancession." California NOW pulled out these (un)savory data points from the briefing:
The number of families supported solely by working mothers rose from 4.7% in 2006 to 8.5% in 2009.
California’s typical working woman earned 89.1 cents for every dollar earned by the typical working man in 2009.
The gap between the personal wealth of white and black Americans undergirds socioeconomic inequality in the United States. What’s more, it’s widening.
This fact served as the springboard for an online seminar hosted last Thursday by the Insight Center for Community Economic Development. Entitled “Social Security at 75,” the discussion probed the intersections between race, wealth (defined as earnings minus expenditures), and economic security.
From BBC: In the 40 years since the passage of the Equal Pay Act, women in Scotland working full time earn significantly less than male colleagues--about 12% less. Women in management find even more of disparity, earning 55% less than their male counterparts. Researchers think that some of the reasons for the pay gap are stereotyping, discrimination and inequalities in reproductive labor.
American women earn only 77 cents for every dollar earned by their male counterparts.This gap in earnings translates into $10,622 less per year in female median earnings. The effect of the wage gap is even more substantial when race and gender are brought into the picture; African-American women and Latinas earn 61 cents and 52 cents, respectively, for every dollar earned by white, non-Hispanic men. Although enforcement of the Equal Pay Act as well as other civil rights laws has helped to narrow the wage gap over time, it is critical for women and their families that the significant disparities in pay that remain be addressed.
This week Radhika Balakrishnan—the new Executive Director of the Center for Global Women’s Leadership—and James Heintz—co-author with Nancy Folbre of The Ultimate Field Guide to the U.S. Economy—asked the question, “What does the financial crisis have to do with human rights?” This question is refreshing amidst the endless, morbid data on just how bad the crisis is and how much people are suffering. The question offers a pathway to sustainable economic recovery by emphasizing the essential relationship between a government and its people.
Women's and men's work (both in and out of the labor force) still differs, so we can expect that the economic crisis has had a distinct impact on women as well as their families. This policy brief discusses how the down economy has differentially impacted women and men in Massachusetts and the gendered implications of federal stimulus spending.
FEBRUARY 1, 2010 Representatives from New York City and surrounding cities gathered at Columbia University to discuss economic recovery in a citywide context. This discussion, hosted by David N. Dinkins, emphasized that U.S. cities and their metropolitan areas were hardest hit by this economic recession. The speakers and panelists examined the impact of President Obama’s policies on the economic challenges in the NY-NJ-Penn region.