2023 Ends With A Strong Labor Market For Black Workers: Race, Jobs And The Economy Update For December 2023
How is the labor market for Black workers? The December jobs report reveals significant gains for Black workers.
Research
Posts about NCRC research.
Race, Jobs, and the Economy November 2023 Update: Strong Economic Indicators For African Americans Yet Pessimism In Alleviating Racial Inequality
What can the November jobs report tell us about the future of racial economic inequality?
NCRC’s Guide To The 2023 Community Reinvestment Act Final Rule
A user’s guide to the new Community Reinvestment Act final rule: What’s new, what’s the same, and how will it affect you?
NCRC’s Guide To The 2023 Community Reinvestment Act Final Rule Read More »
Redlining The Reservation: The Brutal Cost Of Financial Services Inaccessibility In Native Communities
An unprecedented analysis maps the shape and depth of economic despair in the Native American southwest.
Low Unemployment and Labor Victories Unlikely to Bridge Racial Wealth Inequality
Was the October jobs report good, bad, or just plain complicated?
Low Unemployment and Labor Victories Unlikely to Bridge Racial Wealth Inequality Read More »
Hispanic Workers See Some Warning Signs In An Overall Good Jobs Report
Race, Jobs, and the Economy October 2023 Update September 15th through October 15th is Hispanic Heritage Month. As noted in our Latino Racial Wealth Snapshot, almost 19% of Americans are Hispanic and while their population has almost doubled in number since 2020 they remain far less wealthy than non-Hispanic White Americans. From college attainment to homeownership to income, Hispanics
Hispanic Workers See Some Warning Signs In An Overall Good Jobs Report Read More »
Racial Wealth Snapshot: Latino Americans And The Racial Wealth Divide
Latino population growth continued over the past decade, rising by about 24% to 62.5 million in 2021. In 2020, Latinos represented 18.7% of the US population, accounting for about half (52%) of total US population growth over the decade. Latinos have a greater share of the growth than any other racial or ethnic group.
Racial Wealth Snapshot: Latino Americans And The Racial Wealth Divide Read More »
Shelter Inflation, Black Unemployment and The Dual Competing Mandates of the Federal Reserve
Since March of 2022, the unemployment rate has stayed somewhere between 3.4% and 3.7%. The latest monthly report from the US Bureau of Labor Statistics (BLS) breaks this trend with the rate rising to 3.8%.
MISSED OPPORTUNITIES: Financial Institutions In New York City Discourage Prospective Small Business Applicants
NCRC conducted mystery shopper tests in 34 New York City bank branches to assess the state of small business lending after governments eased or eliminated most COVID-related business and personal behavior restrictions.
Racial Wealth Snapshot: Asian Americans And The Racial Wealth Divide
Asian Americans are the fastest growing racial or ethnic group in the United States, and are predicted to be the nation’s largest immigrant group by 2050. Asian Americans are forecast to exceed the Hispanic share of the immigrant population and to make up 36% of all US immigrants by 2055.
Racial Wealth Snapshot: Asian Americans And The Racial Wealth Divide Read More »
Continued Wage Growth, But A Possible Warning Sign From Black Workers:Â Race, Jobs & The Economy Update – May 2023
The Black unemployment rate is sometimes seen as a “canary in the coal mine” for the broader economy. When it begins to rise, it may signal a looming downturn.
Snapshot: Unemployment And Wage Trends For Black, Latino And White Workers In 2022
The gaps between Black and White unemployment and labor force participation rates are near historic lows.
Snapshot: Unemployment And Wage Trends For Black, Latino And White Workers In 2022 Read More »
Review of Section 1071 Data Points
A summary and detailed review of data points in the CFPB’s final Section 1071 rule.
Review of Section 1071 Data Points Read More »
2022 HMDA Data: Unraveling The Impact Of Rising Interest Rates On Homebuyers And Lenders In 2022
Home lending to non-wealthy borrowers plummeted, while those who missed out on pandemic-era refinancing scrambled to find other ways to capitalize their homes.