December 1, 2023
The 2023 American Opportunity Index
The 2023 American Opportunity Index, a collaboration between the Burning Glass Institute, Harvard Business School’s Project on Managing the Future of Work, and the Schultz Family Foundation, examines the career paths of 4.72 million employees in 396 major U.S. companies. Unlike traditional job quality metrics, this index directly observes real-world outcomes by analyzing millions of…
December 1, 2023
Unlocking Economic Prosperity: Career Navigation in a Time of Rapid Change
New research from the Project on Workforce and the National Fund for Workforce Solutions sets an evidence-based, field-informed agenda for a 21st century career navigation ecosystem. Pathways to economic opportunity are broken in the United States, disproportionately affecting Black, Latinx, and Indigenous individuals and those from low-income backgrounds. Disrupting long-standing occupational segregation and improving outcomes for…
December 1, 2023
Cities Use Covid Funds to Run Guaranteed-Income Experiments
Alexandria, Va. Dozens of cities around the country have launched welfare experiments called guaranteed-income pilots to send monthly checks of up to $1,000 to needy people. The goal is to demonstrate that giving the poor direct cash aid can improve their economic stability, their children’s educational attainment, and even their mental health. Most of the…
November 30, 2023
Evaluating the Success of the War on Poverty Since 1963 Using an Absolute Full-Income Poverty Measure
Abstract We evaluate progress in the War on Poverty as President Lyndon B. Johnson defined it, which established a 20% baseline poverty rate and adopted an absolute standard. While the official poverty rate fell from 19.5% in 1963 to 10.5% in 2019, our absolute full-income poverty measure—which uses a fuller income measure and updates thresholds…
November 27, 2023
For kids, marriage still matters
The science could not be clearer: On average, the children of married parents are more likely to experience happier, healthier and more successful lives. Brookings Institution scholar Melissa Kearney powerfully underscores this truth in her new book “The Two-Parent Privilege,” writing, “The decline in the share of U.S. children living in a two-parent family over…
November 14, 2023
The Impact of Opportunity Zones on Private Investment and Economic Activity
Abstract Place-based policies aim to stimulate economic development in disadvantaged areas with the goal of improving the well-being of residents. A provision of the Tax Cuts and Jobs Act aimed to spur private investment in low-income areas called Opportunity Zones (OZs). We evaluate the impact of OZs on investment using data on the near-universe of…
November 14, 2023
Forget the Economics of Grievance
Introduction Donald Trump’s ascendancy has inflicted many changes on the right, including substantially altering its posture on economic issues.1 Where this blend of economic nationalism and conservative populism has been tried, it has been found wanting—at least, if you take the goal of working-class populism to be better opportunities and outcomes for the working class. And…
November 11, 2023
Why is NYC Telling Teachers to Not Keep Kids Safe?
When you see something, should you say something? According to the Office of Children and Family Services, it depends on the race of the victim. New guidance released last month for New York City teachers offers some unusual bits of advice. Rather than reporting suspected cases of abuse to the Administration for Children’s Services, teachers should actually…
October 31, 2023
It Takes Two
It is indisputable that children are better off living with two nurturing parents who are in a stable, loving relationship compared to any other living situation. But it gets more contentious from there. Does “stability” require marriage? How important is it to live with two biological parents? What if one (or both) adults are not…
October 27, 2023
What Happened to the American Dream?
In the agonized debates over how it can possibly be that Donald Trump has such a strong chance of being returned to the White House in 2024, it’s important to stress the ways in which the Trump economy, before the arrival of Covid, departed in positive ways from the trends of the last half-century. Trump’s presidency was…