Those of you who work on inequality, gender, or family issues might be interested in the following webinar, hosted by the Insight Center for Community Economic Development:
“Join us for a Webinar on June 8 from 12:00 PM – 1:00 PM PDT
New Report Exposes Damaging Wealth Gap for Women of Color
Women of color face an enormous wealth gap when compared to the rest of society, one that undermines their future economic security and that of their children, according to a groundbreaking report from the Insight Center’s Closing the Racial Wealth Gap Initiative, Lifting As We Climb: Women of Color, Wealth, and America’s Future.
The report by former Harvard associate professor Mariko Chang, Ph.D., author of the forthcoming book Shortchanged: Why Women Have Less Wealth and What Can Be Done About It, for the first time brings together a wealth of data to detail the dire economic realities facing women of color. It finds that single women have only one third of the assets of single men. But due to the compounding of race and gender disadvantages – families of color have 16 cents to the white family’s dollar – the economic situation of women of color is tenuous at best. Its findings include:
Single black and Hispanic women have a median wealth of $100 and $120 respectively.
Nearly half of all single black and Hispanic women have zero or negative wealth, the latter of which occurs when debts exceeds assets.
Never-married women of color have a median wealth of zero.
Join the Closing the Racial Wealth Gap Initiative for a webinar for an in-depth discussion of the report’s findings.
Mariko Chang, Ph.D., Author, foremost scholar on the gender wealth gap
Meizhu Lui, Director, Closing the Racial Wealth Gap Initiative
Melany De La Cruz, Assistant Director, Asian American Studies Center, UCLA
Sarah Echohawk Vermillion , Vice President, First Nations Development Institute
Janis Bowdler , Deputy Director, Wealth Building Policy Project, National Council of La Raza
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Title: Women of Color, Wealth, and America’s Future
Date: Tuesday June 8, 2010
Time: 12:00 PM – 1:00 PM PDT
After registering you will receive a confirmation email containing information about joining the Webinar.
Required: Windows® 7, Vista, XP, 2003 Server or 2000
Required: Mac OS® X 10.4.11 (Tiger®) or newer”