Unemployment Insurance (UI) is a form of income-replacement coverage that keeps workers who lose their jobs out of poverty, boosts the economy in communities that experience downturns and helps to shorten recessions. Yet House Bill 252 would cut workers off UI much sooner, erode the maximum benefit compared to actual Kentucky wages and make fewer Kentucky workers eligible. This would especially hurt rural communities in Kentucky with high unemployment.
New data released by the US Bureau of Economic Analysis provide more evidence of Maine’s lackluster economy, and the failure of policies pursued by Governor LePage and his allies. In the first quarter of 2017, Maine’s economy saw no real growth. Zero. That was the lowest rate in New England, and the seventh-worst performance of any state. These new data are just the latest in a series of indicators that demonstrate just how much of a failure LePage’s economic legacy will be, especially for rural Maine.
Economic growth is not like the weather. Lawmakers are not powerless to affect change – to encourage growth, and ensure that its gains are shared fairly. Governor LePage and his legislative allies have held Maine’s economy back by favoring wealthy Mainers over hardworking families, and opposing investments in our infrastructure, and our education system. The mantra of small government has not only hurt working Mainers, but also stymied the state’s job growth. The governor and his administration have even turned away nearly $2 billion in outside funding that would have stimulated our economy. The results of those disastrous policies are becoming increasingly clear.
As many cities across the nation experience population decline and an increase in vacant and distressed property, there is a need for economic and housing revitalization. New research from Welcoming Economies Global Network and Fiscal Policy Institute indicates that immigrants represent some of the brightest potential for revitalizing urban communities. However, experience suggests, that immigrants are often overlooked and underestimated by homeownership, community development, and affordable housing advocates, practitioners, and programs.
This report, which includes an interactive tool, show that immigrants have strong rates of potential home ownership in 23 target cities, and suggest that efforts that encourage homeownership and/or vacant property purchase could yield significant returns by targeting immigrant groups.
Cities included in the study are: Akron, Baltimore, Buffalo, Chicago, Cincinnati, Cleveland, Columbus, Dayton, Des Moines, Detroit, Indianapolis, Lafayette (IN), Manchester, Minneapolis, Philadelphia, Pittsburgh, Rochester, St. Louis, St. Paul, Syracuse, Toledo, Utica, and York (PA).
The interactive tool can be accessed here.