Tag: low income
For myriad reasons, the 2 million older Americans who are raising their grandchildren get very little help in the form of government assistance. They tend to be from disadvantaged Black and Hispanic communities and are often taking care of the children because the parents are in jail, abusing drugs, or deceased. But the grandparents usually…
This paper explores whether exposure to tight labor markets at working ages is linked to improved financial wellbeing at older ages especially for groups traditionally disadvantaged in the labor market, including people with low income, those without college degrees, and people of color. We also examine what role the timing of exposure to tight labor…
