New analysis of Census Bureau data: New data shows economic growth has made little progress for working families

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New data released today shows economic growth has made little progress for working families

It has been four years since the national recession that started and ended in 2001. New data from the Census Bureau gives us an opportunity to compare today's Washington State economy with that of 2000, before the recession.

Unfortunately, economic growth has done little to improve the lives of low and moderate income Washingtonians. 2005 was the first year the state had more jobs than in 2000. The unemployment rate has gone from 5.0 percent to 5.5 percent. The poverty rate has remained essentially unchanged, as has the share of people without health insurance. Median household income has risen at only an average of 1 percent per year.

New Census data show great disparities within state by race

Communities of color in Washington State face much higher rates of poverty than white, non-Hispanic Washingtonians. While the white, non-Hispanic poverty rate is 9.6 percent, nearly 21 percent (20.8) of African-Americans in Washington State are below the poverty rate. Nearly one in every four Hispanics in Washington State is below the poverty line. Thirty percent (30.3) of American Indians in Washington State are below the poverty line.

Some data are available at the local level:

  • in Seattle, 22.8 percent of African-Americans were below the poverty line;
  • In Tacoma, 33.7 percent of African-Americans were below the poverty line; and
  • In Yakima 31.9 percent of Hispanics and 17.9 percent of white, non-Hispanics are below the poverty line.

 

More analysis will be available from the Washington State Budget & Policy Center as it becomes available. Research Direction Jeff Chapman will be available at 206.625.9790*27 or jeffc@budgetamdpolicy.org.

HIGHLIGHTS

Policy Agenda

We have released Framework for Prosperity, a comprehensive policy agenda for the 2013-2015 biennium. We make specific recommendations for targeted investments that would bring our state closer to providing prosperity for all Washingtonians. We also provide revenue options to help pay for those investments. Click on the image below to download a PDF of the agenda.

 

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Catch the Budget Beat

During the 2013 legislative session we will host regular Budget Beat calls and and podcaBudget Beatsts to bring you updates and breaking news from Olympia, timely policy analysis, and share resources and upcoming community events.

Check out the archive of Budget Beat calls and podcasts. 

Join the Budget Beat calls every other Friday at noon!  

Budget Matters 2012

Our first annual policy conference was a great success! More than 300 people came together to hear from policy makers, national and state policy experts, and community leaders from around the state. Our special lunch speaker was Van Jones.

Van jones at Budget Matters 

Here are some of the PowerPoint presentations from the break-out panels.

-The Affordable Care Act: Maximizing the Opportunities

-Building a Prosperity Economy in Washington State

-Building a 21st Century Revenue System

-Effective Messaging Strategies

For pictures and more information, check out our event page.