Tag: Economic downturn

Rising foreclosures show recession is still hitting close to home

The latest Numbers You Need, our monthly bulletin of key economic and budget trends and data, reflects continued, if modest, progress on the job front and improved state revenue collections. Previously we reported decent growth in state personal income for… Read more [More...]

Asset poverty data shows many have no cushion to fall back on

As the economic downturn continues to take its toll in Oklahoma and across the nation, how financially prepared are families to deal with extended periods of unemployment and underemployment. Newly-released data (PDF) from CFED that focuses on “asset poverty” confirms… Read more [More...]

Nothing but a strand of the net: One in 37 Oklahomans has food stamps, nothing else

The New York Times this weekend ran an important feature on one important and disturbing sign of the impact of the recession – the large and growing population of food stamp recipients that report zero household income: About six million… Read more [More...]

Faces of the recession

If  you did not see last Sunday’s Tulsa World, it is well worth checking out their front-page profile of families hit by the economic downturn, titled “Faces of the Recession”. Reporters Ginnie Graham and Mike Averill tell the stories of… Read more [More...]

Man, oh, man – The downturn hammers male employment

The Oklahoman recently ran an editorial calling attention to the especially heavy toll that the current recession is having on male workers nationally and here in Oklahoma. A new issue brief from Economic Policy Institute, using data from the Bureau… Read more [More...]

July Numbers Bulletin shows what a rough year it's been

This week we released the July edition of Numbers You Need, our monthly bulletin of key economic and budget trends.  The monthly report contained some glimmers of good news, as the state’s unemployment rate rose by a relatively modest 0.1… Read more [More...]

Mixed news on the unemployment front

Across the nation, the deep, prolonged economic recession is putting great strains on state Unemployment Insurance (UI) programs. Oklahoma is hardly immune from these challenges, but our problems are less severe than elsewhere. The combination of having entered the recession… Read more [More...]

More stories from the recession

As the worst recession in a quarter-century continues to unfold, insightful and moving stories of its impact on individuals, families, communities, and organizations are appearing regularly in the media. Periodically, we are using this space to call attention to notable… Read more [More...]

Two stories from the recession

Sunday’s issue of The Oklahoman featured a compelling report by Paula Burkes on the struggles of several Oklahomans who have unexpectedly found themselves among the ranks of the unemployed, losing long-time jobs and struggling to regain their footing in an… Read more [More...]

Holes in the net

Recently, The New York Times had a front-page article spotlighting the extent to which victims of the economic downturn are able to access public benefits that are part of the nation’s safety net.  Most programs, including Unemployment Insurance, food stamps,… Read more [More...]