November 22, 2024
A Side Effect of the Booming Job Market: Wage Inequality Is Way Down
Lessons of the post-COVID economy. When voters tell you what they are concerned about, believe them. Exit polls from the presidential election the show that the economy ranked first among voters’ concerns at 32 percent, almost three times more than the next closest issue, immigration. A plurality of voters—45 percent—said that their financial situation was worse than…
November 21, 2024
A Local Option for Natural Gas Fracking
The 2024 election was a referendum on a wide range of issues, but there’s no doubt that increasing domestic fossil-fuel production—“energy dominance,” as Donald Trump now calls it—was on the ballot and won. Kamala Harris backed away from her past calls to ban fracking but nonetheless lost Pennsylvania, where voters seemed to doubt her sudden…
November 15, 2024
Calibration: Making AI a Partner at Work
Artificial intelligence (AI) is reshaping the workforce, yet the workers who stand to benefit the most are often the most wary of it. Lower-skilled and less-educated workers view AI as a threat, fearing job loss and marginalization. But research tells a different story. These workers could gain the most from AI—if they learn to use…
November 12, 2024
Irresistible Policy, Meet the Unmovable Labor Market
Gad Levanon, chief economist at The Burning Glass Institute, analyzed data relating to the share of undocumented workers in a wide variety of trades and lower-wage, lower-skilled occupations, as well as higher-skilled jobs in construction and manufacturing. Bear in mind that many of these occupations are related to housing, the largest contributor to our recent bout of high…
November 7, 2024
Introducing the “More Accurate Consumer Price Index”
Abstract Particularly since the 1990s, federal statistical agencies have worked to improve the ability ofvarious price indexes to measure changes in the cost of living. However, in recent years, somehave sent mixed signals to researchers about the relative merits of different measures. As aresult, academic and policy researchers routinely use theoretically and empirically inferior priceindexes…
October 30, 2024
A SNAP Reform Framework Focused on the Future
No matter the outcome of next week’s election, we can be certain that the new President and Congress will confront urgent policy and legislative challenges. One priority issue for the new Congress will be renewing the Farm Bill. True to its name, the Farm Bill authorizes a wide range of programs to support farmers and…
October 30, 2024
Workforce Strategies for New Industrial Policies: Governors’ Emerging Solutions
New research from the Project on Workforce and the National Governors Association highlights how governors are leveraging new industrial policy opportunities to strengthen workforce development and meet labor market needs. As the federal government allocates trillions of dollars toward new industrial policies, states face a significant challenge: they will only succeed in realizing the economic…
October 29, 2024
The Black Men’s Burden Harris Ignores
In an attempt to shore up support among black male voters, Kamala Harris proposed small-business loans and training programs aimed at steering them toward “high-paying jobs.” Whatever the virtues of her plans, they overlook a real-world situation facing millions of black men: the combination of a prison record and daunting child-support payments they had no way of…