African American Men And The Labor Market During The Great Recession
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African American Men And The Labor Market During The Great Recession
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Author : Michelle Holder
language : en
Publisher: Springer
Release Date : 2016-11-03
African American Men And The Labor Market During The Great Recession written by Michelle Holder and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-11-03 with Business & Economics categories.
This book analyzes the status and position of African American men in the U.S. labor market prior to, during, and after the Great Recession. Using a model of occupational crowding, the book outlines how the representation of African American men in major occupational categories almost universally declined during the recent recession even as white non-Hispanic men were able to maintain their occupational representation in the face of staggering job losses. Using US Census Bureau data, this book illustrates how African American men sought to insulate their group from devastating job losses by increasing their educational attainment in a job market where employers exercised more leverage in hiring. However, this strategy was unable to protect this group from disparate job losses as African American men became further marginalized in the workforce during the Great Recession. Policy approaches to address high African American male unemployment are outlined in the final chapter.
The Great Recession
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Author : David B. Grusky
language : en
Publisher: Russell Sage Foundation
Release Date : 2011-10-01
The Great Recession written by David B. Grusky and has been published by Russell Sage Foundation this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-10-01 with Business & Economics categories.
Officially over in 2009, the Great Recession is now generally acknowledged to be the most devastating global economic crisis since the Great Depression. As a result of the crisis, the United States lost more than 7.5 million jobs, and the unemployment rate doubled—peaking at more than 10 percent. The collapse of the housing market and subsequent equity market fluctuations delivered a one-two punch that destroyed trillions of dollars in personal wealth and made many Americans far less financially secure. Still reeling from these early shocks, the U.S. economy will undoubtedly take years to recover. Less clear, however, are the social effects of such economic hardship on a U.S. population accustomed to long periods of prosperity. How are Americans responding to these hard times? The Great Recession is the first authoritative assessment of how the aftershocks of the recession are affecting individuals and families, jobs, earnings and poverty, political and social attitudes, lifestyle and consumption practices, and charitable giving. Focused on individual-level effects rather than institutional causes, The Great Recession turns to leading experts to examine whether the economic aftermath caused by the recession is transforming how Americans live their lives, what they believe in, and the institutions they rely on. Contributors Michael Hout, Asaf Levanon, and Erin Cumberworth show how job loss during the recession—the worst since the 1980s—hit less-educated workers, men, immigrants, and factory and construction workers the hardest. Millions of lost industrial jobs are likely never to be recovered and where new jobs are appearing, they tend to be either high-skill positions or low-wage employment—offering few opportunities for the middle-class. Edward Wolff, Lindsay Owens, and Esra Burak examine the effects of the recession on housing and wealth for the very poor and the very rich. They find that while the richest Americans experienced the greatest absolute wealth loss, their resources enabled them to weather the crisis better than the young families, African Americans, and the middle class, who experienced the most disproportionate loss—including mortgage delinquencies, home foreclosures, and personal bankruptcies. Lane Kenworthy and Lindsay Owens ask whether this recession is producing enduring shifts in public opinion akin to those that followed the Great Depression. Surprisingly, they find no evidence of recession-induced attitude changes toward corporations, the government, perceptions of social justice, or policies aimed at aiding the poor. Similarly, Philip Morgan, Erin Cumberworth, and Christopher Wimer find no major recession effects on marriage, divorce, or cohabitation rates. They do find a decline in fertility rates, as well as increasing numbers of adult children returning home to the family nest—evidence that suggests deep pessimism about recovery. This protracted slump—marked by steep unemployment, profound destruction of wealth, and sluggish consumer activity—will likely continue for years to come, and more pronounced effects may surface down the road. The contributors note that, to date, this crisis has not yet generated broad shifts in lifestyle and attitudes. But by clarifying how the recession’s early impacts have—and have not—influenced our current economic and social landscape, The Great Recession establishes an important benchmark against which to measure future change.
Prosperity For All
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Author : Robert Cherry
language : en
Publisher: Russell Sage Foundation
Release Date : 2000-08-17
Prosperity For All written by Robert Cherry and has been published by Russell Sage Foundation this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-08-17 with Business & Economics categories.
With the nation enjoying a remarkable long and robust economic expansion, AfricanAmerican employment has risen to an all-time high. Does this good news refute the notion of a permanently disadvantaged black underclass, or has one type of disadvantage been replaced by another? Some economists fear that many newly employed minority workers will remain stuck in low-wage jobs, barred from better-paying, high skill jobs by their lack of educational opportunities and entrenched racial discrimination. Prosperity for All? draws upon the research and insights of respected economists to address these important issues. Prosperity for All? reveals that while African Americans benefit in many ways from a strong job market, serious problems remain. Research presented in this book shows that the ratio of black to white unemployment has actually increased over recent expansions. Even though African American men are currently less likely to leave the workforce, the number of those who do not find work at all has grown substantially, indicating that joblessness is now concentrated among the most alienated members of the population. Other chapters offer striking evidence that racial inequality is still pervasive. Among men, black high school dropouts have more difficulty finding work than their Latino or white counterparts. Likewise, the glass ceiling that limits minority access to higher paying promotions persists even in a strong economy. Prosperity for All? ascribes black disadvantage in the labor force to employer discrimination, particularly when there is strong competition for jobs. As one study illustrates, economic upswings do not appear to change racial preferences among employers, who remain less willing to hire African Americans for more skilled low-wage jobs. Prosperity for All? offers a timely investigation into the impact of strong labor markets on low-skill African-American workers, with important insights into the issues engendered by the weakening of federal assistance, job training, and affirmative action programs.
Emerging Conceptions Of Work Management And The Labor Market
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Author : Steven P. Vallas
language : en
Publisher: Emerald Group Publishing
Release Date : 2017-06-14
Emerging Conceptions Of Work Management And The Labor Market written by Steven P. Vallas and has been published by Emerald Group Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-06-14 with Social Science categories.
Economic institutions are undergoing radical transformations, and with these has come a reconfiguration of labor market institutions, managerial conceptions of work, and the nature of authority and control over employees as well. This volume addresses a wide array of questions to better understand these dramatic changes.
Black Families And Recession In The United States
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Author : Dorothy Smith-Ruiz
language : en
Publisher: Routledge
Release Date : 2021-03-30
Black Families And Recession In The United States written by Dorothy Smith-Ruiz and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-30 with Political Science categories.
Black Families and the Recession in the United States goes beyond the massive loss of property among African Americans during the Great Recession of 2007–2009. It connects the housing experience to broader systems of inequality in America. Following the Great Recession of 2007–2009, the US elections of 2008, the impact of COVID-19, and widespread demonstrations resulting from the murder of George Floyd by police, the sociopolitical and economic status of Blacks in the United States is at a critical point in history, with demand for major transformation. The authors reveal a history of racist practices against Blacks in many systems, including education, policing, incarceration, wealth transmission, voting restrictions, and housing segregation. The social costs of the recession are manifested in the daily lives of African American families. In addition to financial losses, African Americans are more likely to be plagued with issues related to poverty, chronic illnesses, and lack of trust of social and economic institutions. Research, policy, and practical implications of this research include identifying social and economic supports unique to African Americans and determining strategies to strengthen families; paramount to addressing racial disparities. The interdisciplinary focus of this book appeals to a wide audience and areas of study.
To Ask For An Equal Chance
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Author : Cheryl Lynn Greenberg
language : en
Publisher: Rowman & Littlefield Publishers
Release Date : 2009-08-16
To Ask For An Equal Chance written by Cheryl Lynn Greenberg and has been published by Rowman & Littlefield Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-08-16 with History categories.
The Great Depression hit Americans hard, but none harder than African Americans and the working poor. To Ask for an Equal Chance explores black experiences during this period and the intertwined challenges posed by race and class. "Last hired, first fired," black workers lost their jobs at twice the rate of whites, and faced greater obstacles in their search for economic security. Black workers, who were generally urban newcomers, impoverished and lacking industrial skills, were already at a disadvantage. These difficulties were intensified by an overt, and in the South legally entrenched, system of racial segregation and discrimination. New federal programs offered hope as they redefined government's responsibility for its citizens, but local implementation often proved racially discriminatory. As Cheryl Lynn Greenberg makes clear, African Americans were not passive victims of economic catastrophe or white racism; they responded to such challenges in a variety of political, social, and communal ways. The book explores both the external realities facing African Americans and individual and communal responses to them. While experiences varied depending on many factors including class, location, gender and community size, there are also unifying and overarching realities that applied universally. To Ask for an Equal Chance straddles the particular, with examinations of specific communities and experiences, and the general, with explorations of the broader effects of racism, discrimination, family, class, and political organizing.
The Economics Of Structural Racism
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Author : Patrick L. Mason
language : en
Publisher: Cambridge University Press
Release Date : 2023-04-13
The Economics Of Structural Racism written by Patrick L. Mason and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-04-13 with Social Science categories.
This extensive and comprehensive book tracks persistent racial disparities in the US across multiple regimes of structural racism. It begins with an examination of the economics of racial identity, mechanisms of stratification, and regimes of structural racism. It analyzes trends in racial inequality in education and changes in family structure since the demise of Jim Crow. The book also examines generational trends in income, wealth, and employment for families and individuals, by race, gender, and national region. It explores economic differences among African Americans, by region, ethnicity, nativity, gender, and racial identity. Finally, the book provides a theoretical analysis of structural racism, productivity, and wages, with a special focus on the role of managers and instrumental discrimination inside the firm. The book concludes with an investigation of instrumental discrimination, hate crimes, the criminal legal system, and the impact of mass incarceration on family structure and economic inequality.
Afro Latinos In The U S Economy
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Author : Michelle Holder
language : en
Publisher: Rowman & Littlefield
Release Date : 2021-05-18
Afro Latinos In The U S Economy written by Michelle Holder and has been published by Rowman & Littlefield this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-05-18 with Business & Economics categories.
Afro-Latinos in the U.S. Economy outlines the current position and status of Afro-Latinxs in the economy of the United States. Very little research has thus far been disseminated in the field of economics on the contributions of Afro-Latinxs regarding income and wealth, labor market status, occupational mobility, and educational attainment. On the other hand, cultural studies, literary criticism, and social science fields have produced more research on Afro-Latinxs; the discipline of economics is, thus, significantly behind the curve in exploring the economic dimensions of this group. While the Afro-Latinx community constitutes a comparatively small segment of the U.S. population, and is often viewed as the nexus between two of the country’s largest minority groups—African Americans and Latinxs, who comprise 13 percent and 17 percent, respectively, of the U.S. population—Holder and Aja outline how the group’s unique economic position is different than non-black Latinxs. Despite possessing higher levels of education relative to the Latinx community as a whole, U.S. Afro-Latinxs do not experience expected returns in income and earnings, underscoring the role anti-Blackness plays in everyday life regardless of ancestral origin. The goal of this book is to provide a foundation in the economic dimensions of Afro-Latinxs in the U.S. which can be used to both complement and supplement research conducted on this group in other major disciplines. “
Men Without Work
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Author : Nicholas Eberstadt
language : en
Publisher: Templeton Foundation Press
Release Date : 2016-09-12
Men Without Work written by Nicholas Eberstadt and has been published by Templeton Foundation Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-09-12 with Political Science categories.
By one reading, things look pretty good for Americans today: the country is richer than ever before and the unemployment rate is down by half since the Great Recession—lower today, in fact, than for most of the postwar era. But a closer look shows that something is going seriously wrong. This is the collapse of work—most especially among America’s men. Nicholas Eberstadt, a political economist who holds the Henry Wendt Chair in Political Economy at the American Enterprise Institute, shows that while “unemployment” has gone down, America’s work rate is also lower today than a generation ago—and that the work rate for US men has been spiraling downward for half a century. Astonishingly, the work rate for American males aged twenty-five to fifty-four—or “men of prime working age”—was actually slightly lower in 2015 than it had been in 1940: before the War, and at the tail end of the Great Depression. Today, nearly one in six prime working age men has no paid work at all—and nearly one in eight is out of the labor force entirely, neither working nor even looking for work. This new normal of “men without work,” argues Eberstadt, is “America’s invisible crisis.” So who are these men? How did they get there? What are they doing with their time? And what are the implications of this exit from work for American society? Nicholas Eberstadt lays out the issue and Jared Bernstein from the left and Henry Olsen from the right offer their responses to this national crisis. For more information, please visit http://menwithoutwork.com.
Foundations Of Real World Economics
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Author : John Komlos
language : en
Publisher: Taylor & Francis
Release Date : 2023-03-20
Foundations Of Real World Economics written by John Komlos and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-03-20 with Business & Economics categories.
The 2008 financial crisis, the rise of Trumpism, and the other populist movements which have followed in their wake have grown out of the frustrations of those hurt by the economic policies advocated by conventional economists for generations. Despite this, textbooks remain frozen in time, continuing to uphold traditional policies as though nothing has happened. Foundations of Real-World Economics demonstrates how misleading it can be to apply oversimplified models of perfect competition to the real world. The math works well on college blackboards but not so well on the Main Streets of America. This volume explores the realities of oligopolies, the real impact of the minimum wage, the double-edged sword of free trade, and other ways in which powerful institutions cause distortions in mainstream models. Bringing together the work of key scholars like Kahneman, Minsky, and Schumpeter, this textbook takes into consideration the inefficiencies that arise when the perfectly competitive model is applied to the real world dominated by multinational oligopolies. The third edition has been updated throughout, bringing in new material on the financial crises, the rise of populism, racism, inequality, climate change, and the Covid-19 pandemic. A must-have for students studying the principles of economics as well as micro- and macroeconomics, this textbook redresses the existing imbalance in economic teaching as John Komlos focuses on the paradigm of humanistic economics.