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The Hamilton Project examines the decline the marriages over the last 50 years, highlighting the correlation between income level and likelihood of marrying. The decline in marriage is concentrated among less-educated, lower-income Americans.
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Last night, President Barack Obama delivered his State of the Union address, putting forth his policy agenda to the 112th Congress on issues. Since its launch in 2006, The Hamilton Project has developed targeted policy proposals that touch on many of these areas, which we offer as a resource to policymakers in response to specific ideas mentioned by the President last evening.
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Less educated workers often experience prolonged periods of unemployment and stagnating wages because they lack the skills necessary to compete in a global economy. In a new Hamilton Project paper, Harry J. Holzer proposes a set of competitive grants to fund education, training, and career counseling initiatives that feature private sector connections based on the experience of existing successful workforce development programs.
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Amid the Great Recession and rapid technological changes, both workers with less education and workers who have been displaced from long-tenured jobs face challenges because they lack the particular skills that employers demand for good-paying jobs. In a new Hamilton Project strategy paper, Michael Greenstone and Adam Looney address the importance of developing workers’ skills through training and workforce development programs, and examine newly available evidence on policies that boost job opportunities and wages.
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After being displaced from long-tenured jobs, workers often experience persistent, significant earnings losses. New research suggests that retraining in certain “high-return” fields can substantially reduce these losses. In a new Hamilton Project paper, Louis S. Jacobson, Robert J. LaLonde and Daniel G. Sullivan propose the establishment of a Displaced Worker Training (DWT) Program to distribute grants to displaced workers so they can obtain longer-term training to substantially increase their earnings. The DWT Program would also leverage the nation’s One-Stop Career Centers to assess and counsel grantees.
Is college a worthwhile investment? Hamilton Project Director Michael Greenstone and Policy Director Adam Looney compare the value of a college degree to other investment options and find higher education provides, by far, the greatest rate of return.
The Social Security Disability Insurance (SSDI) program has failed to support the ongoing employment and economic self-sufficiency of workers with disabilities, leading to rapid growth in program expenditures and declining employment of Americans with disabilities. This proposal offers a blueprint for reversing this needless employment decline and stemming the dramatic growth of the SSDI program.
The October employment numbers, released today by the Labor Department, show tentative progress toward recovery. The U.S. economy is creating jobs for the first time in four months, with an increase of 151,000 jobs last month. The private sector added 159,000 jobs, continuing ten straight months of private sector job growth.
This paper proposes the creation of a “mobility bank” at a government cost of less than $1 billion per year to help finance the residential moves of U.S. workers relocating either to take offered jobs or to search for work, and to help them learn more about the employment options available in other parts of the country.
As expected, July’s employment numbers suggest that the road to recovery will be long. The economy as a whole lost 131,000 jobs as layoffs of temporary Census workers continued. Private sector employment increased by 71,000 jobs, building on June’s increase of 31,000 jobs.
Today's out-of-work Americans are experiencing longer spells of unemployment than in any recent recession. In October 2010, half of all unemployed workers had been unemployed for more than 21 weeks.
The fall in employment from the 2007-2009 Great Recession is the most severe fall during a recession since World War II.
Federal debt as a percentage of GDP continues to grow in the aftermath of the Great Recession.
This figure from the 2010 Hamilton Project strategy paper "From Recession to Recovery to Renewal" illustrates changes in the male and female nonemployment to population ratio between 1945 and 2010.
Between 1975 and 2008, income inequality in the United States has risen, with households in the 95th percentile of income making disproportionate gains.
Three different GDP growth scenarios show potential growth scenarios for the next twenty years.
Advisory Council member Alan S. Blinder testifies before the Senate Budget Committee on his views on the economy and budget.
The Hamilton Project and the Center for American Progress hosted the second of two conferences addressing the long-term challenges of creating quality jobs in the United States and preparing American workers for those jobs of the future. As part of the event, The Hamilton Project and the Center for American Progress released three targeted policy proposals by outside scholars to deal with the long-term challenges associated with the new global economy.
Governor Jennifer Granholm (D-Mich.) joined former U.S. Treasury Secretary Robert E. Rubin, Fresno Mayor Ashley Swearengin, New York City Deputy Mayor Steve Goldsmith, and other experts in a Hamilton Project forum focused on policy solutions for renewing American communities. The Hamilton Project released a strategy paper and three new proposals that provide a range of options for helping communities and workers recover from recent economic shocks.
The Hamilton Project partnered with the Center for American Progress to host a forum on the country’s employment situation. The event featured a discussion with New York City Mayor Michael R. Bloomberg and NEC director Lawrence H. Summers, moderated by PBS host Charlie Rose.
Vice President Joe Biden gave the keynote speech at a forum to kick-off The Hamilton Project’s 2010 policy agenda. The event featured two roundtable discussions to highlight innovative policy ideas and the more general challenges facing the U.S. economy.
The Project held a policy forum and released a discussion paper by Rebecca Blank and Mark Greenberg on the need for a new national poverty measure that better reflects the actual economic conditions of low-income Americans.
The Hamilton Project hosted a policy discussion on the challenges of prisoner reentry that featured a keynote address by U.S. Senator Jim Webb (D-Va.). The event also featured a policy roundtable with a diverse group of experts on the need for a national prisoner reentry strategy.
The Hamilton Project hosted a discussion on what the government can do to foster market-based solutions to major risks. Markets that could potentially mitigate or reduce some of the biggest risks faced by the American people and their broader communities are nonexistent or underutilized.
The Hamilton Project hosted a conversation on proposed policy responses to the mortgage-foreclosure problem. Many Americans now owe more on their mortgages than their homes are worth; however, which policies provide the most effective remedy to the problem remains unanswered.
The Hamilton Project released a briefing paper and convened a discussion on what economists know about fiscal stimulus — if it is appropriate, when should it be implemented, and how should it be done.
The Project hosted a two-part forum on ways to encourage, facilitate, and reward work. Jason Furman provided an overview of a strategy paper, which suggested a long-term approach to expanding opportunity, along with specific near-term policies to promote work and reduce poverty.
Council on Foreign Relations Co-Chair and former U.S. Treasury Secretary Robert E. Rubin's opening remarks and panel on proposals for improving skills and creating jobs at The Future of American Jobs, Part II Hamilton Project and Center for American Progress event.
On December 3, The Hamilton Project and the Center for American Progress hosted the second of two conferences addressing the long-term challenges of creating quality jobs in the United States, and preparing American workers for the jobs of the future. U.S. Secretary of Labor Hilda Solis joined former U.S. Treasury Secretary Robert E. Rubin, Center for American Progress President and CEO John Podesta, former House Majority Leader Richard Gephardt, business leader and philanthropist Penny Pritzker, Nobel Laureate Michael Spence, and other experts in a two-panel discussion on the future of American jobs.
Center for American Progress President and Chief Executive Officer John Podesta moderates a panel discussion on the future of American jobs at The Future of American Jobs, Part II Hamilton Project and Center for American Progress event.
Today's out-of-work Americans are experiencing longer spells of unemployment than in any recent recession. In October 2010, half of all unemployed workers had been unemployed for more than 21 weeks.
On October 13, Governor Jennifer Granholm joined former U.S. Treasury Secretary Robert E. Rubin, Fresno Mayor Ashley Swearengin, New York City Deputy Mayor Steve Goldsmith, and other experts in a Hamilton Project forum focused on policy solutions for renewing American communities.The Hamilton Project released a strategy paper and three new proposals that provide a range of options for helping communities and workers recover from recent economic shocks.
Governor Jennifer Granholm (D-Mich.) gives keynote remarks at the Hard Times, Solid Policies to Renew American Communities Hamilton Project event.
Council on Foreign Relations Co-Chair and Former U.S. Treasury Secretary Robert E. Rubin moderates discussion on perspectives from the front lines of American communities at the Hard Times, Solid Policies to Renew American Communities Hamilton Project event.
Evercore Partners Founder and Chairman Roger C. Altman gives opening remarks at The Hamilton Project event Hard Times, Solid Policies to Renew American Communities. Hamilton Project Director Michael Greenstone moderates panel discussion on possible solutions for growth and regeneration.
The fall in employment from the 2007-2009 Great Recession is the most severe fall during a recession since World War II.
Charlie Rose moderates discussion between Lawrence Summers and Mayor Michael Bloomberg at The Hamilton Project and Center for American Progress event The Future of American Jobs. Introductory remarks by Hamilton Project Advisory Council member Roger Altman.
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