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January 28, 2015 / Ciara Myers, Editor

D.C. wage disparity reaches 35-year high

ECONOMY/EQUITY
The District’s wage disparity gap is at a 35-year high, according to a new report from the D.C. Fiscal Policy Institute. The newly-released study finds that, despite economic recovery in the city, low-wage workers still struggle to see progress, while only those with advanced degrees are the beneficiaries of post-recession gains. (WaPo, 1/27)

Hourly incomes for low-wage workers have fallen to an average of $12.62 over the past seven years, and in the event that those workers lose their jobs, they are more than twice as likely to spend more than six months looking for replacement work, according to a study by the D.C. Fiscal Policy Institute. At the same time, rental costs have skyrocketed and the hourly incomes of high-wage workers in the city have risen to an average of $45.30.

“What appears to be a strong economic recovery in the District is really just a recovery for a small number of residents,” reads the report, an advance copy of which was obtained by The Washington Post. “Only those residents with the most advanced education are making economic progress.”

You can access the full report here.

– A new report from the Economic Policy Institute explores the widening income gap throughout the U.S. The report shows the stark differences in economic growth for the top one percent compared to the rest of the nation. Check out where the region stands. (WBJ, 1/27)

The Kojo Nnamdi Show dives deeper into The Washington Post‘s recent series on underwater mortgages and the disappearing wealth of black households in Prince George’s County. (Kojo Nnamdi Show, 1/27)

Here’s How Much Less Women Make in Each State (HuffPo, 1/27)

PHILANTHROPY 
– Several years ago, a number of WRAG members engaged in Project Streamline with the goal of making their application and reporting processes less burdensome for their grantees. On their blog, the Project Streamline folks consider how streamlining can allow funders to be inclusive in their grantmaking and to better support diverse organizations. (PS, 1/26)

– Christine Reeves at the National Committee for Responsive Philanthropy asks the thought-provoking question: “What If Foundations Applied to Nonprofits?” (NCRP, 1/23)

COMMUNITY | United Way of the National Capital Area has announced Timothy Johnson as Vice President of Community Impact, and Chris Preston as Vice President of Resource Development. You can read more about the new vice presidents here. (UWNCA, 1/28)

IMPACT INVESTING | Opinion: Still on the fence about impact investing? In this op-ed, the author explains how to get involved and why it may be your best idea yet for changing the world. (NYT, 1/27)

POVERTY | Opinion: Reducing Our Obscene Level of Childhood Poverty (NYT, 1/28)

NONPROFITS | Ted Leonsis will take over for Don Graham, CEO and chairman of the board of Graham Holdings Company, as board chair of the DC College Access Program. (WaPo, 1/27)


Is your first name a good predictor of what profession you’ll hold? Probably not, but it’s still fun to take a look at this data wheel and see if it’s accurate! 

– Ciara

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