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It’s Much Harder for Black and Latino Workers to Retire, Study Finds

Black and Latino seniors have a tougher time during their retirement years than American seniors as a whole, according to a new University of California, Berkeley, report.

“Recent household surveys show that retirees of color, especially Blacks and Latinos, rely more heavily on Social Security and have less access to other types of retirement income than their white counterparts,” researcher Nari Rhee of UC Berkeley’s Center for Labor Research and Education said in a statement.

Rhee’s report, “Black and Latino Retirement (In)Security,” is based on data from the U.S. Bureau of Labor Statistics Current Population Survey and U.S. Census Bureau American Community Survey.

The report’s main findings include:

  • Elder poverty rates are twice as high among Blacks and Latinos compared to the U.S. population as a whole: 19.4 percent of Black seniors and 19.0 percent of Latino seniors have incomes below the federal poverty line, compared to 9.4 percent for the senior population overall (see rightl).
  • Less than a third of employed Latinos and less than half of Black workers are covered by an employer sponsored retirement plan, a critical resource in ensuring adequate retirement income. As a result, they are disproportionately reliant on the limited income provided by Social Security.
  • Among retirees age 60 and older, people of color are disproportionately likely to be low income: for 2007-2009, 31.6 percent of Blacks and 46.5 percent of Latinos were in the bottom 25 percent income group. The “other” race group, which includes Asian/Pacific Islander and Native American populations, is also more likely to be low-income (38 percent) (see lower right).

Rhee says these findings can serve as a reminder that the job crisis we face today may have long-term repercussions.

“It is critical to improve both job access and job quality—in terms of wages and benefits, including pension benefits—to improve retirement prospects for current workers.”

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Latinos Tired of Waiting on Obama and Democrats

The Senate is set to vote on a controversial immigration bill. If it fails, Rep. Luis Gutiérrez tells Bryan Curtis he’s prepared to ditch Obama and the Democrats-and take the movement to the streets.

It’s zero hour for the DREAM Act, a bit of immigration legislation that has taken on a hulking importance among Hispanic leaders. For two years, Barack Obama failed-or, if you prefer, refused-to nudge along a major immigration bill.

The last-ditch hope is that departing Democrats, and a few Republicans, somehow band together in the lame-duck session and pass a law allowing illegal immigrants who came to the United States as minors to gain citizenship. Harry Reid promised to bring up the bill for a Senate cloture vote this week. Republicans vowed to scuttle it, just as they did in September.

But as Chicago congressman Luis Gutiérrez prepares for a rally at a church in Brooklyn a few weeks before the vote, the DREAM Act seems like the end of his interest in congressional gamesmanship rather than the start.

Gutiérrez is one of several Hispanic leaders who have found themselves politically estranged from the president. Moreover, they are numbed by the legislative process that denied them a vote on immigration reform, much less a victory, when Democrats controlled both houses of Congress.

“If we couldn’t do it when Democrats were nearly 260 in the House and 59 in the Senate, how do we propose to tell people we can do it now?” Gutiérrez tells me. “The opportunity to have gotten it done is gone.”

USA vs Arizona State really……

With all the commentaries coming from various states regarding Arizona’s decision on
in essence profiling, have you look into your own backyards for justice.

I’m not upholding Arizona’s decision, but for other states to get on the band wagon is
not fare. To denied essential goods into the state whether commerce or social activities.
is not right. We do understand there is a serious plight of unemployment throughout the
nation, this effects more than just your average commentaries. Let the politicians hammer
out a definitive agreement, with a compromise for all involved. I’m not saying I agree or
disagree, but be fair in your judgement analysis of immigration.

At this point, I believe most Americans would accept the jobs folks thought we wouldn’t
work. Bills have to be paid, families cared for and raised. The state in which I reside wants
to ban certain aspects of Arizona to our state, are you kidding me. Our city is a mess let’s
try to cleanup our own backyard prior to denouncing another. With any decisions comes changes
and challenges, how we cope with those states who we are.