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News Coverage Dec 10, 2020

Marketplace: A huge wealth gap makes economic recovery harder for Black Americans

“An average single white man under the age of 35 is 224 times as wealthy as the average single Black woman the same age, according to a new report from the Brookings Institution’s Hamilton Project. The report also found that going into the pandemic recession, Black households held 4% of household wealth in America even though they’re a little over 13% of the population. White households — 60% of the population — held 84% of household wealth…Kristen Broady at the Brookings Institution’s Hamilton Project has been looking at household wealth by race and how disparities make families more resilient or precarious in this pandemic. She said white households inherit more, more often.”

News Coverage Dec 4, 2020

PBS News Hour: Hiring slows in the U.S. as millions face losing unemployment benefits

“The latest jobs report released by the Department of Labor Friday estimates the economy has not yet replaced about 10 million jobs lost last spring, with many Americans now close to losing their unemployment benefits. Wendy Edelberg, director of the Hamilton Project and a former chief economist for the Congressional Budget Office, joins Amna Nawaz to discuss the country's economic outlook.”

News Coverage Nov 25, 2020

Forbes: A Hungry Thanksgiving For Millions: 1 In 8 Americans Didn’t Have Enough Food Last Week, Census Bureau Reports

“According to recent research by [The Hamilton Project] at The Brookings Institution, […] low-income families with children have been disproportionately impacted by the coronavirus pandemic. ‘A typical feature of recessions is that those who had fewer means before the downturn suffer more during downturns and for longer,’ writes Lauren Bauer.”

News Coverage Nov 23, 2020

New York Magazine: America’s Hunger Crisis Won’t Take a Break for Thanksgiving

"New research from the Hamilton Project of the Brookings Institution finds that in the month of October, nearly one in ten parents with children ages 5 and younger said their families did not have enough to eat and that they did not have enough money to buy food. That figure is a slight improvement over the summer, reports Brookings economics studies fellow Lauren Bauer. But there isn’t much reason to celebrate.”

News Coverage Nov 19, 2020

The Boston Globe: Consider the small landlord

“‘Small landlords are more likely to have that rental payment affect their own personal or household budget. Larger corporations that own multiple units can cover the costs of keeping units vacant. So small landlords are more likely to hold on to tenants that they have and work with them,’ says Kristen Broady, policy director for the Hamilton Project at the Brookings Institution and an economist who studies housing.”

News Coverage Nov 17, 2020

NBC News: Biden talks pandemic response, jobs, and stimulus – and hints at his strategy for working with Republicans

“‘I was encouraged to hear President-elect Biden stress getting the transmission of the virus under control,’ said Wendy Edelberg, director of the Hamilton Project at the Brookings Institution […] Edelberg said it was notable that he used the phrase ‘like the HEROES Act,’ indicating that Biden acknowledged the need to negotiate — and, likely, to compromise — further. ‘I'm not sure that every provision in it is exactly what the economy needs, but it's an excellent starting point for a negotiation,’ she said.”

News Coverage Nov 12, 2020

Wisconsin Public Radio: A Federal Unemployment Insurance Extension Has Ended in Wisconsin

“Lauren Bauer, a fellow of [The Hamilton Project and] economic studies at the Brookings Institution, said that may be in part because the metric that ‘turned off’ Extended Benefits in Wisconsin doesn't count the number of people on new pandemic unemployment programs, like PUA and PEUC — so that metric doesn't reflect the full scope of people receiving unemployment assistance currently.”