Posts about NCRC research.
A flaw in the structure of SNAP benefits has serious unintended consequences for recipients working to rise up the economic ladder.
Trapped by Success: How Benefits Cliffs Undermine Economic Mobility for Single Mothers Read More »
Seven years after its creation, the federal Opportunity Zones program has manifested a troubling pattern: creating massive taxpayer-funded benefits for wealthy investors while failing to meaningfully help the communities they were designed to serve. With the wealthiest Americans receiving substantial tax benefits on over $100 billion in capital gains through this program, Opportunity Zones represent
Opportunity Zones: A Taxpayer-Funded Program That Primarily Benefits Wealthy Investors Read More »
It feels especially difficult to secure a job nowadays. The economy added only 22,000 jobs in August as job growth in nearly all industries has decreased or remained stagnant. The effects of what Mark Zandi, the chief economist at Moody’s Analytics, calls a “jobs recession” can be seen everywhere, from the rising length of time
The Jobs Recession Is Affecting the Entire Black Community Read More »
No one is hiring. That is the key finding from the Bureau of Labor Statistics’ (BLS) latest jobs report showing only 22,000 jobs were added in August with nearly all industries remaining stagnant or in decline. The goods-producing industries, including the construction and manufacturing sectors, lost 25,000 jobs. There were steep losses in the professional/business
The Labor Market is Frozen: September 2025 Race, Jobs and the Economy Update Read More »
The August BLS jobs report, along with other economic data released in the same week, provides a window into a labor market losing its resilience amid continued uncertainty. The economy added only 73,000 jobs while the unemployment rate increased to 4.2%. The most shocking finding from the report was the massive downward revision of May
An Inflection Point Has Been Reached: August 2025 Race, Jobs and the Economy Update Read More »
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2025 NCRC Mortgage Market Series PART 4: Mortgage Lending Across American Cities evolving lending practices are redrawing the map of who gets to own a home and where PART 4: Mortgage Lending Across American Cities evolving lending practices are redrawing the map of who gets to own a home and where Series Introduction Part 4:
Mortgage Market Report Series – Part 4: Mortgage Lending Across American Cities Read More »
The labor market added 147,000 new jobs last month while the unemployment rate declined to 4.1%. Both metrics were met with surprise by macroeconomic forecasters as they were considerably outside of consensus estimates. The report surprised many given the continued economic uncertainty spurred by the ongoing trade wars with other countries. While the topline figure
The Stalling of the Job Market: July 2025 Race, Jobs and the Economy Update Read More »
Part 3 of NCRC’s 2024 Mortgage Market Report series examines lending patterns among Native Hawaiians and mainland Native American communities.
Mortgage Market Report Series – Part 3: Native American and Hawaiian Lending Read More »
Part 2 of NCRC’s 2024 Mortgage Market Report series looks at what sorts of people and places mortgage lenders are serving.
Part 1 of NCRC’s 2024 Mortgage Market Report series examines mortgage market trends that have worrying implications.
Mortgage Market Report Series – Part 1: Introduction to Mortgage Market Trends Read More »
Read NCRC’s detailed analysis of mortgage market trends from 2024 Home Mortgage Disclosure Act data.
Mortgage Market Report Series Read More »
The economy added 139,000 jobs in May while the unemployment rate remained unchanged at 4.2%. While one-month job gains were solid, gains for March were revised down by almost 48%. The BLS revised its numbers twice in the past two months, meaning March’s numbers were revised in April, then again in May. These downward revisions
NCRC member organizations pursue a range of missions that fit broadly under the umbrella of promoting economic equity for all Americans. The research team at NCRC supports those members in many ways, including providing assistance in quantifying the impact of our members’ efforts in their communities. One Houston, TX-based community development financial institution (CDFI) offers
The racial wealth gap remains one of the biggest economic inequity problems facing the United States today. With its origins in chattel enslavement of Black Americans, the gap remains a stark reminder of the societal costs of these insidious practices. Long after abolition, neighborhood redlining and instances of racial terror, such as the 1921 Tulsa
Business Ownership and Its Role in Maintaining the Racial Wealth Gap Read More »
