financial crisis

Yes, Virginia, the Recession Really Has Hurt Women

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.


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Bridging the Racial Wealth Gap

By Courtney A. Fiske*

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.

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What does the financial crisis have to do with human rights?

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.

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Race, Gender and Economic Justice in the U.S.

March 9, 2010 posted by Jacqueline Mumbey*

This afternoon, NCRW co-sponsored a CSW side event with the Center for Women’s Global Leadership, The Opportunity Agenda, and the Human Rights Project of the Urban Justice Center. The discussion sought to give a “face” to the current debates on the economic crisis.

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Women’s Equality Key to Economic Recovery

March 8, 2010 posted by Shyama Venkateswar

Today as we celebrate International Women’s Day all over the world, let us take a moment to reflect on how much more needs to be done for us to claim true gender equity even within the United States. The economic crisis or our Great Recession is unprecedented in terms of its global reach and its impact on governments, corporations and individuals alike. What this crisis has also done is profoundly demonstrate the existing disparities and inequalities within the United States.

Consider the following pieces of data:

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The Ms. Foundation Questions the Meaning of Economic Recovery

As part of its ongoing work on economic justice, the Ms. Foundation has recently posted two interesting pieces on our nation’s economic recovery. They share our concern here at NCRW that the efforts currently underway will not lead to an economic recovery for all:

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FAST FACT: Latest Unemployment Numbers

January 9, 2010 posted by Kyla Bender-Baird

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November 16, 2009 posted by Kyla Bender-Baird

As the economy dips, schools are tightening their belts. Unfortunately—but not surprisingly—a new fact sheet released by the National Women’s Law Center reveals that girls are bearing the brunt of budget cuts. According to the fact sheet,

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