Battered by the Storm

A joint JWJ/IPS Report; Battered by the Storm: How the Safety Net Is Failing Americans and How to Fix It, concludes that the economic crisis is still on the rise for millions of Americans, while at the same time the social safety net is failing to support many of them. It offers one of the boldest, most comprehensive plans to combat poverty and unemployment...

Among the study’s key findings:
• Levels of long-term unemployment, underemployment and discouraged workers are reaching historic levels;
• The percentage of poor children receiving temporary assistance under TANF (the main federal “welfare” program) has fallen from 62% in 1995 to 22% in 2008;
• TANF benefits are far from sufficient to support the families that depend on them: 2008 assistance payments averaged only 29% of the money needed to bring families up to the official poverty line;
• Even while labor force participation of mothers has increased, the supply of affordable child care has lagged behind, creating a significant barrier to employment for many, especially single mothers; and
• Roughly 57% of unemployed people are receiving unemployment compensation; for those receiving benefits, amounts are less than half of wages, and many are losing work-related health benefits.

For more information or to read the full report, visit: http://www.ips-dc.org/reports/battered-by-the-storm

To Read JWJ National Director, Sarita Gupta and report co-author John Cavanagh's follow-up Op-Ed, visit, http://www.statesman.com/opinion/content/editorial/stories/2009/12/08/1208jobs_edit.html

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