By Joseph Martinez and Walen Ngo, United Way of Greater Los Angeles The EITC, or Earned Income Tax Credit, has been known for over thirty years to be one of the more successful anti-poverty programs in the nation. The tax relief program is geared toward only workers earning income below a certain income threshold andContinue reading “What Tax Time can do for the Working Poor”
Tag Archives: Employment
Good News/Bad News
I have a confession to make: I fight with my daughter almost every morning. Well, “fight” might be a strong word, but part of our morning ritual is to tussle over who gets the Business section of the paper. She is the household meteorologist (a word she learned in her first grade section on “communityContinue reading “Good News/Bad News”
Wall Street vs. Main Street part deux
I recently introduced the authors of the American Human Development Report at a presentation and made the point that just as the GDP has been criticized for not reflecting how the economy affects everyday people, the last year has driving home how out of touch stock market performance is with most regular folks. As thisContinue reading “Wall Street vs. Main Street part deux”
Steep rise in mass layoffs
Analysis by researchers at the Economic Policy Institute clearly shows the extent to which the economy is losing jobs. Mass layoffs – defined as letting go of 50 or more people by a single employer – have doubled over the last couple years and are at their highest level in the last 15 years. InContinue reading “Steep rise in mass layoffs”
Trends in LA and CA over the next few years
A common problem in trying to discern trends in poverty and inequality is that the data that we often have at hand are usually not particularly recent. The lag between when data are collected and publicly available can be significant, especially in a rapidly changing economy like we’ve been in over last several months. Also,Continue reading “Trends in LA and CA over the next few years”
The New and Already Poor
Barbara Ehrenreich is perhaps the best popular writer on issues of poverty, inequality and increasing financial insecurity in the U.S., chiefly through books such as Nickel and Dimed: On (Not) Getting By in America and Bait and Switch: The (Futile) Pursuit of the American Dream. In a recent New York Times op-ed, “Too Poor toContinue reading “The New and Already Poor”
Consequences of unemployment
We’re familiar with the normal consequences of layoffs and unemployment: lost income, health insurance and increased stress and anxiety. The LA Times had an interesting article this week highlighting how “California’s rising unemployment rate is driving a steep increase in child support cases, as the newly jobless appeal for increases in monthly payments or argueContinue reading “Consequences of unemployment”
The economy and gender discrimination
Most people are well aware that unemployment continues to rise to its highest levels in 25 years, above 8% nationally and approaching 11% in California. What is less apparent is that this rise is not evenly distributed for men and women. About 14 months ago, men and women had the same level of unemployment (aroundContinue reading “The economy and gender discrimination”
We all should care about the state of public education
Good public education has long been a staple of American democracy and social mobility; but that promise is increasingly threatened. Nowhere is this more evident than in the state where I live, California. The Golden State’s educational system from kindergarten to the university was affordable and excellent for decades; but today we have a systemContinue reading “We all should care about the state of public education”
Yeah, it’s a slow economy
I went into my local bicycle store this morning to get a long-overdue tuneup and saw clear evidence of how the horrible economic situation is affecting retailers. First, I was the only customer in the store: this on a Saturday morning, when that store is usually filled with cyclers passing by the bike route inContinue reading “Yeah, it’s a slow economy”