October 7 th.

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October 7 th Sign in, store interest cards Go out Midterm #1 Proceed with Address Three Homework: Read Chps 9-11 of Working Poor As you read, make notes on what you think the reasons for destitution are for the 'working poor' Neediness
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October 7 th Sign in, store interest cards Pass out Midterm #1 Continue Lecture Three Homework: Read Chps 9-11 of Working Poor As you read, make notes on what you think the reasons for neediness are for the ‘working poor’

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Poverty: Official meaning of destitution was created in 1964 and depends on nourishment utilization as 1/3 of family unit costs Absolute – physical hardship Relative – lack with respect to the populace all in all What are the primary uses for families today?

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Who is well on the way to be in Poverty? 58% of Americans will live destitution for no less than 1 year 1 in 3 will encounter great neediness for no less than one year 27% will encounter neediness before age 30 What makes this high hazard for Americans? Time – life stages, for example, separation and other unforeseen occasions Safety Net – not very many social administrations to help individuals through unpleasant stages and Labor Market – insufficient great paying occupations

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Feminization of Poverty Women are lopsidedly spoken to among the poor More prone to be in low-pay administration employments Women still make $0.76 for each man’s dollar 42% of female-headed families are in destitution, contrasted with 9% of two-guardian families Children will probably live in neediness than grown-ups – 35% of US poor are kids

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The Color of Poverty Higher rates of destitution among non-whites White-8% Black – 25% Hispanic – 22% American Indian – 25% Average white family has a total assets 7 times that of the normal Black family This hole has developed subsequent to the 1960’s The riches crevice represents a large portion of the racial imbalances Racial differences just about vanish when monetary assets are equivalent

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Working Poor or the Nearly Poor Working Poor: specialists in occupations at 27 weeks of the year that are less secure, low-paying, and deskilled In 2005, 36.8% of the poor worked and 11.4% worked full-time Over 5% of the populace are ‘working poor,’ yet larger part are non-white, female, and migrant

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Why such a variety of working poor? Monetary rebuilding in the post-mechanical society High ability, cutting edge, high wage occupations versus Low expertise, low tech, low wage employments Increasing crevice between the rich and poor Ratio of CEO-specialist pay in 2005 was 262 to 1 (in 1965 it was 24 to 1) Welfare to work (1996) pushed numerous poor (basically ladies) into low paying, deadlock occupations

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