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Single Mothers Face Difficulties with Slim Financial Cushions
During the COVID-19 recession, single mothers faced high unemployment and were more likely to exit the labor force than single fathers and women without children.
The Real State of Family Wealth: Will COVID-19 Worsen Racial, Educational and Generational Gaps in the U.S.?
A new quarterly assessment tracks the pandemic’s impact on wealth trends by demographic groups.
Journal Article
Perceived Bias and Income Patterns Differ by Race
Perceptions of discrimination and patterns of household incomes differ between blacks and whites.
Essay
Racial Equity Could Produce Widespread Economic Gains
An analysis suggests that racial and ethnic equity in employment, hours worked, education and earnings could expand U.S. GDP by trillions of dollars.
Disparities by Race, Ethnicity and Education Underlie Millennials’ Comeback in Wealth
In 2019, older millennials were making relative gains in terms of wealth, but the gap between actual and expected median wealth varied by demographic characteristics.
Discussion Paper
Single Mothers Have Little Wealth to Withstand Outsized COVID-19 Impact
The second shows that single mothers had slim financial cushions going into the COVID-19 recession and had higher unemployment rates during the recession than single fathers and women without children.
Journal Article
Q&A: St. Louis Hispanic Chamber Official Talks Community Resources and Resiliency
Our Institute for Economic Equity held a virtual sit-down with an official from the Hispanic Chamber of Commerce of Metropolitan St. Louis to chat about underrepresentation and the entrepreneurial spirit.
Homeownership Rates by Sexual Orientation, Gender Identity
Research by the Institute for Economic Equity finds LGBTQ+ adults have lower homeownership rates and are more likely to hold mortgages than non-LGBTQ+ adults.
Journal Article
Is College Still Worth It? The New Calculus of Falling Returns
The college income premium is the extra income earned by a family whose head has a college degree over the income earned by an otherwise similar family whose head does not have a college degree. This premium remains positive but has declined for recent graduates. The college wealth premium (extra net worth) has declined more noticeably among all cohorts born after 1940. Among families whose head is White and born in the 1980s, the college wealth premium of a terminal four-year bachelor?s degree is at a historic low; among families whose head is any other race and ethnicity born in that ...
New Analysis Finds LGBTQ+ Households Trail in Income and Wealth
New research finds LGBTQ+ households lag non-LGBTQ+ households in income and median wealth and are less likely to be homeowners.