The US unemployment rate is seemingly in decline, from a peak of 14.8 percent in April to a reported 6.3 percent in January.
But underneath these numbers is quite a bit of bad news. Far too many Americans have dropped out of the labor force, while others face bleak prospects. The share of Americans participating in the workforce is at its lowest since the mid-1970s, and among women, it’s at crisis levels. Nearly 4 in 10 jobless Americans — 4 million people — are among the “long-term unemployed” who’ve been out of work for longer than six months. …
For about the last 20 years, after a federal court decision banning affirmative action in college admissions, the state of Texas has relied on the “race-neutral” strategy of automatic admission for every high school senior graduating in the top 10 percent of their class.
This so-called “Top Ten Percent Plan” is intended to mimic affirmative action by broadening the pool of high schools sending students to the state’s colleges and universities — including especially the flagship campuses of the University of Texas at Austin (UT) and Texas A&M University in College Station (Texas A&M). …
As a freelance writer, I find that the hardest part of the job isn’t coming up with ideas or sitting down to write. Rather, it’s putting a fair dollar value on my work. I have yet to figure out how much to ask for or what my time is worth. So I tend to accept the first offer, grateful for the chance to be published (hey, it’s tough out there).
I’m not alone. Many women I know — even those who are extraordinarily successful — confess they hate negotiating their pay. …
U.S. presidents rarely put international trade at the heart of their economic agendas, preferring instead to focus on domestic priorities. President Donald Trump, however, was unique in making trade a defining issue of his presidency. Trump’s trade war with China was a focal point of his administration, as was the renegotiation of NAFTA as the USMCA. Trump’s often aggressive stance on trade also often served as a proxy for his broader populist messaging on the economy.
One result is that trade is now a top-tier concern for many voters, according to three polls I helped draft through TradeVistas (a nonprofit…
After George Floyd’s murder at the hands of police this summer sparked protests nationwide, multiple news outlets found themselves embroiled in controversies over insensitive and racist coverage of the unrest.
The Philadelphia Inquirer headlined a story “Buildings Matter Too,” about the impacts of Black Lives Matter protests on city infrastructure. The ensuing uproar led to a staff walkout, a public apology and the ouster of a top editor. The New York Times published an op-ed by Sen. Tom Cotton supporting military intervention to shut down demonstrations. Days later, the Times’ editorial page editor James Bennet resigned. …
There are 2.2 million miles of roads and highways that criss-cross the United States. Chances are that you’ve never thought about the blacktop asphalt beneath your wheels as you drive across the country, the state or to your local grocery store.
Asphalt is, however, the obsession of Allen Miller, who works at the Cedar Mountain Stone Corporation in Culpeper, Virginia, as one of five apprentices learning industrial maintenance and the emerging discipline of “asphalt technology.” Under the tutelage of a mentor at the company, Miller spends his days learning how to operate the asphalt plant that operates 24–7 at Cedar…
A little more than a decade ago, millennial college students graduated into what was then the worst economy in decades. In the United States, the Great Recession wreaked long-term damage on young people, many of whom faced slim job prospects along with mountains of student debt. Compared to earlier generations, these young adults today have less wealth, more debt and are less likely to be financially secure.
Today’s youngest workers could have it even worse. Young workers — who make up a disproportionate share of workers in hospitality, food service, retail and other service industries hit hardest by the COVID-19…
How countries treat their workers might seem unconnected to the movement of goods and services across national borders. Yet in many trade negotiations, a trading partner’s labor standards are an increasingly important concern.
The fate of the pending United States-Mexico-Canada Agreement (USMCA), for instance, hinged for months on bipartisan support for the pact’s provisions around labor. In fact, the Trump Administration made major efforts to woo organized labor and ultimately secured the support of the AFL-CIO, thereby ensuring the agreement’s passage through the Democratically-controlled House.
But despite the attention paid to labor provisions in trade deals like USMCA, domestic policy…
A community’s store of “social capital” can determine how well it rebounds from adversity.
As one of the nation’s largest producers of steel, the city of Youngstown, Ohio, helped drive American prosperity in two of its most consequential eras — during the Industrial Revolution in the late 19th century and after World War II, when the nation assumed its place as an economic and industrial superpower.
In a neighboring state, the city of Grand Rapids, Michigan, also rose to global pre-eminence as a manufacturing powerhouse, in this case for the breadth and quality of its furniture production. …
For the last several months, Republicans have been resting on the laurels of positive job growth and low unemployment — proof, they say, of the Trump economy’s strength. In March, the nation’s official jobless rate stood at 4.1 percent, the lowest it’s been since the peak of the Great Recession and a level that many economists say is at or approaching “full employment.”
Certainly on paper, the labor market looks to be nearly as tight as it was during past expansions, such as during the boom of the late 1990s and early 2000s. …
I write about politics, economics, poverty and opportunity. Author of Abandoned: America’s Lost Youth and the Crisis of Disconnection, from the New Press.