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May 2, 2025
Without Qualified Workers, Our CHIPS Investments Could Be Money Down the Drain
Three years ago, the Biden administration, backed by big bipartisan majorities in Congress, launched the CHIPS and Science Act to revitalize domestic semiconductor manufacturing. After decades of outsourcing that reduced the U.S. production share of advanced chips from 37 percent to 10 percent, this “industrial policy” investment was justified as necessary for national security and as a measure to reinvigorate…
May 1, 2025
Tariffs Plus AI Makes for a Rocky Job Market. How Should Workers Prepare?
In today’s labor market, few occupations are safe from AI disruption. It’s been a rough month for hiring plans. The market volatility ignited by President Donald Trump’s tariff policies has made business planning difficult, and that includes any intentions of hiring. Combined with the accelerating adoption of artificial intelligence, disruptions to the labor market don’t…
April 25, 2025
What’s holding women back from starting a family?
Media influencer Brett Cooper did something last year that most people her age won’t: she got married. “It’s the most grounding experience I’ve ever had,” she told a crowd gathered at the University of Virginia for the National Marriage Project’s spring conference, cosponsored with the Wheatley Institute. Cooper is 23 and had celebrated her one-year anniversary…
March 11, 2025
The American Dream in Ohio depends on stronger Buckeye families
The “American dream” is a “better, richer and happier life for all our citizens of every rank,” wrote the historian James Truslow Adams over a century ago. Yet with ordinary Americans succumbing to “deaths of despair” at alarming rates, rates of happiness hitting record lows and way too many men and women stuck in poverty across generations, it’s probably no surprise…
March 11, 2025
Democrats’ DOGE Delusions
While occupied with budget bills to keep the government open and set future spending and tax levels, Congress is also cleaning up past messes. Today, the House is expected to vote on legislation to hold criminals accountable for stealing over $100 billion in pandemic-era unemployment benefits. All agree on the urgent need for action, but Democrats’…
March 6, 2025
America’s New Frontier of Opportunity and Inclusion
It would be a king-sized understatement to say that diversity, equity, and inclusion (DEI) initiatives have had better weeks, months, years, and decades than they are currently experiencing. From the Supreme Court’s ruling that banned affirmative action in admissions, to the Trump administration’s full-scale bureaucratic offensive to expunge DEI from federal policy and programs, to corporate America’s widespread retreat from years…
February 25, 2025
Go Fast, Break HR
How the AI talent race is reshaping recruitment. A new survey of 250 technical leaders reveals a striking paradox: Companies are dramatically increasing AI investments—some by up to 75 percent in 2025—while simultaneously finding a talent well that is running dry. Ninety-four percent of tech leaders identify talent shortages as their primary barrier to AI innovation, and…
February 24, 2025
A Glut of MBAs?
It’s all about the skills, not the credentials. You know the labor market times are changing when Harvard MBAs start showing up in the unemployment stories. According to a recent Wall Street Journal article, 23 percent of recent Harvard Business School grads were still looking for work three months after graduation. In 2022, that figure was only 10 percent….
February 20, 2025
The American Dream Is Not a Coin Flip, and Wages Have Not Stagnated
In my last column, I showed that Americans’ assessments of the economy have tracked the official unemployment rate well over the long run. That is important because it suggests that both public opinion and objective measures indicate that the labor market is historically strong (though accelerating inflation during and after the COVID-19 pandemic has caused these…
February 14, 2025
Poverty During the Pandemic and the Role of Government Transfers
The COVID-19 pandemic prompted unprecedented policy interventions in the US that provided nearly $3 trillion to support struggling families. This column examines the short-term effects of these interventions on child poverty and finds quite different trends for income poverty and consumption poverty. While disposable income poverty declined dramatically in 2021, consumption poverty fell more gradually,…