Economic Security

The Economic Impact of the American Recovery and Reinvestment Act of 2009 - Third Quarterly Report

The Council of Economic Advisors developed a multifaceted analysis indicating that the Recovery Act (ARRA) has played an essential role in changing the trajectory of the economy. It has raised the level of GDP substantially in its first full year of existence and has saved or created between 2.2 and 2.3 million jobs as of the first quarter of 2010. The tax relief and income support provisions of the ARRA alone account for roughly half of the beneficial employment effects.

To read the full report, click here.

Teaser: 

The Council of Economic Advisors developed a multifaceted analysis indicating that the Recovery Act (ARRA) has played an essential role in changing the trajectory of the economy. It has raised the level of GDP substantially in its first full year of existence and has saved or created between 2.2 and 2.3 million jobs as of the first quarter of 2010. The tax relief and income support provisions of the ARRA alone account for roughly half of the beneficial employment effects.

 

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Understanding the Economy: Working Mothers in the Great Recession

The Great Recession has taken a huge toll on working families. The vast majority of jobs lost were lost by men, but a substantial number of jobs were lost by women during this recession. From December 2007 to April 2010, women lost 46 jobs for every 100 jobs lost by men. By comparison, during the 2001 recession, women lost 17 jobs for every 100 lost by men and women lost less then 2 jobs for every 100 jobs lost by men during the 1990s recession. 

Indeed, in recent months, women lost jobs while men gained jobs. From October 2009 to March 2010, women lost 22,000 jobs while men gained 260,000. Women's increased vulnerability to the business cycle has important repercussions for families' economic security. 

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This report provides an updated look at the employment situation of working mothers with children under 18 years old, and examines the impact of the recession on their participation in the labor market using unpublished data from the Bureau of Labor Statistics.

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How the Other Half Fared: The Impact of the Great Recession on Women

The Great Recession was widely proclaimed to be a "mancession" because more than two out of three of the jobs lost during the downturn were jobs held by men. Yet the recession had a significant impact on women and their families as well. The Great Recession was the first in recent history in which women experienced substantial job loss. Women supporting families without the help of a spouse were hit particularly hard.

Teaser: 

The Great Recession was widely proclaimed to be a "mancession" because more than two out of three of the jobs lost during the downturn were jobs held by men. Yet the recession had a significant impact on women and their families as well. The Great Recession was the first in recent history in which women experienced substantial job loss. Women supporting families without the help of a spouse were hit particularly hard.

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Community Voices of the Economy Survey

Community Voices on the Economy -- a joint project of the Ms. Foundation for Women and the Center for Community Change (CCC) -- aims to to help social change organizations understand how low-income communities are faring in the current economic crisis and how these communities view potential solutions. The project includes a particular focus on communities of color, and especially women in those communities. This particular study provides survey results from communities, particularly those of color, who are hurt by the economic downturn and continue to worry about their future.  

To read full survey, click here.

 

Teaser: 

Community Voices on the Economy -- a joint project of the Ms. Foundation for Women and the Center for Community Change (CCC) -- aims to to help social change organizations understand how low-income communities are faring in the current economic crisis and how these communities view potential solutions. The project includes a particular focus on communities of color, and especially women in those communities. This particular study provides survey results from communities, particularly those of color, who are hurt by the economic downturn and continue to worry about their future.  

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Women in the Down Economy: Impacts of the Recession and the Stimulus in Massachusetts

The Massachusetts economy has been severely impacted by the recession, and many women in Massachusetts have faced considerable economic stresses in this downturn. This brief focuses on three strong interrelated economic impacts--employment effects, financial sector implications, and the impact on state and local government spending--by considering how women and men in the Commonwealth have fared since the onset of the recession. 

The following analysis addresses each type of impact and then considers the economic security and resource implications of the combined effect of the impacts for women and their families in Massachusetts.  

To read the full report, click here.

Teaser: 

The Massachusetts economy has been severely impacted by the recession, and many women in Massachusetts have faced considerable economic stresses in this downturn. This brief focuses on three strong interrelated economic impacts--employment effects, financial sector implications, and the impact on state and local government spending-- by considering how women and men in the Commonwealth have fared since the onset of the recession. 

The following analysis addresses each type of impact and then considers the economic security and resource implications of the combined effect of the impacts for women and their families in Massachusetts.  

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ARRA and the Economic Crisis: One Year Later

Has ARRA worked to offset this growing economic divide in our nation, and offered relief to hard hit communities? Has ARRA worked to promote greater racial and socioeconomic equity in our nation? One year into the imlpementation of ARRA we find mixed results, and offer critical lessons learned from the ARRA experience.

The following report examines the disparate impact of the recession and housing crisis, specifically reviewing the impact of ARRA on relieving this unfolding crisis in hardest-hit communities. The report also pulls from the expertise and experience of equity advocates in the broader social justice field, offering reflections from the field by those working directly to produce more equitable outcomes in our response to the economic crisis.

To read the full report, click here.

 

Teaser: 

Has ARRA worked to offset this growing economic divide in our nation, and offered relief to hard hit communities? Has ARRA worked to promote greater racial and socioeconomic equity in our nation? One year into the imlpementation of ARRA we find mixed results, and offer critical lessons learned from the ARRA experience.

The following report examines the disparate impact of the recession and housing crisis, specifically reviewing the impact of ARRA on relieving this unfolding crisis in hardest-hit communities. The report also pulls from the expertise and experience of equity advocates in the broader social justice field, offering reflections from the field by those working directly to produce more equitable outcomes in our response to the economic crisis.

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The Female Face of Poverty and Economic Insecurity: The Impact of the Recession on Women in Pennsylvania and Pittsburgh MSA

Since the beginning of the recession at the end of 2007, unemployment has increased rapidly, in Pennsylvania as it has elsewhere. While many families suffer as a result of reduced earnings and unemployment, women who head households face significantly higher risks of unemployment than male head households, and are much more likely than men to live in poverty. Single mothers nationally have higher rates of unemployment than other women and men.

Policy action is required to ensure that women and their families are receiving adequate help during the current crisis, and that measures are put in place to help them reach and maintain economic self-sufficiency in the longer run.

To read the full report, click here.

Teaser: 

Since the beginning of the recession at the end of 2007, unemployment has increased rapidly, in Pennsylvania as it has elsewhere. While many families suffer as a result of reduced earnings and unemployment, women who head households face significantly higher risks of unemployment than male head households, and are much more likely than men to live in poverty. Single mothers nationally have higher rates of unemployment than other women and men.

Policy action is required to ensure that women and their families are receiving adequate help during the current crisis, and that measures are put in place to help them reach and maintain economic self-sufficiency in the longer run.

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Estimated Impact of the American Recovery and Reinvestment Act on Employment and Economic Output as of September 2009

The American Recovery and Reinvestment Act of 2009 (ARRA) contains a variety of provisions intended to boost economic activity and employment in the United States. Section 1512(e) of the law requires the Congressional Budget Office (CBO) to comment on the reports filed by certain recipients of funding under ARRA that detail how many jobs were created or retained through funded activities. This CBO report fulfills that requirement. It also provides CBO's estimates of ARRA's overall impact on employment and economic output in the first quarter of calendar year 2010.

To read the full report, click here.

Teaser: 

The American Recovery and Reinvestment Act of 2009 (ARRA) contains a variety of provisions intended to boost economic activity and employment in the United States. Section 1512(e) of the law requires the Congressional Budget Office (CBO) to comment on the reports filed by certain recipients of funding under ARRA that detail how many jobs were created or retained through funded activities. This CBO report fulfills that requirement. It also provides CBO's estimates of ARRA's overall impact on employment and economic output in the first quarter of calendar year 2010.

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ARRA: Extending the Unemployment Insurance Safety Net to Victims of Domestic Violence

Recent changes to the unemployment insurance system as a result of the federal stimulus legislation have expanded an important safety net for victims of domestic and sexual violence who lose jobs as a result of the violence against them. The American Recovery and Reinvestment Act of 2009 (ARRA) included several provisions for modernizing state unemployment insurance systems, such as providing access to unemployment insurance benefits to various groups who were not previously covered by state laws, including victims of domestic violence.

To read the full report, click here.

Teaser: 

Recent changes to the unemployment insurance system as a result of the federal stimulus legislation have expanded an important safety net for victims of domestic and sexual violence who lose jobs as a result of the violence against them. The American Recovery and Reinvestment Act of 2009 (ARRA) included several provisions for modernizing state unemployment insurance systems, such as providing access to unemployment insurance benefits to various groups who were not previously covered by state laws, including victims of domestic violence.

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Associated Issues & Expertise:

Ensuring Equal Opportunity in Our Nation's Economic Recovery Efforts

When it comes to ensuring that the economic stimulus and recovery process promotes equal opportunity for all communities, the law is excellent, but it is almost entirely up to us to uphold and enforce that law.

This fact sheet provides informtation and ideas for ensuring that federal investments in America's economic recovery create gender and more equal opportunity for all. Specifically, it describes the ways in which existing laws require equal opportunity in jobs, housing, healthcare, transportation, and other sectors, and offers specific ideas for holding public and private officials accountable.

Teaser: 

This fact sheet provides informtation and ideas for ensuring that federal investments in America's economic recovery create gender and more equal opportunity for all. Specifically, it describes the ways in which existing laws require equal opportunity in jobs, housing, healthcare, transportation, and other sectors, and offers specific ideas for holding public and private officials accountable.

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