According to RealtyTrac, there was a 4% increase in the number of foreclosure filings in June (default notices, scheduled auctions and bank repossessions) compared to May 2011.
Recent Posts
Following some off-the-cuff comments from Republican presidential candidate Mitt Romney, stories about the population of Americans living under the poverty limit as well as those living in more extreme measures of poverty have become more frequent in the past few weeks. Living in poverty has important implications for personal and societal well being.
A new report on homelessness has been issued by the National Alliance to End Homelessness. While the total population of homelessness has decreased since 2009, certain sub groups are still at increased risk.
A report out of Rutgers University details the prevalence of Americans for whom their financial stability has been greatly affected by the 2007 – 2009 Recession. The information available from the Project on Societal Distress further details how the recession has impacted multiple areas of well-being of the American family beyond income.
The official poverty measure has been criticized for decades for being outdated, insensitive to geographic differences in cost of living, and unable to account for the expenses and government benefits that raise or lower a household’s available resources. Responding to these concerns, the Census Bureau has created a new method for estimating poverty: the Supplemental…
Earlier this month, in the opinion pages of the New York Times, David Brooks and Paul Krugman published articles detailing the foundation of income inequality in the United States. According to the 2010 Annual Social and Economic Supplement from the U.S. Census Bureau, income inequality in the past four decades, as measured by the Gini…
A study by Galea et al. published in the August edition of the American Journal of Public Health concludes that the estimated number of deaths attributable to social factors in the United States is comparable to the number attributed to pathophysiological and behavioral causes.
The nation faces daunting economic conditions, brought on in recent years by the recession and fiscal crisis but set against long-term economic trends that date to the 1970s. Each decade has brought a greater separation in the income of chief executives and workers. A large number of Americans are now unemployed, and wages have stagnated. …
A report by the GAO on the effects of the recession on the income of older adults (age 55 and over) finds that while the unemployment rate of older adults is lower than for younger workers, the rate doubled during the recession.
A report from the Congressional Budget Office examines the distribution of household income before and after government transfers and federal taxes.