There has been tremendous focus in recent years on the plight of the typical American worker. In this economic analysis, The Hamilton Project takes a careful look at the data to examine what has been happening to America’s workers since 1990, paying particular interest to differences across workers with different levels of education. In addition, an accompanying interactive feature allows users to further explore these eight profiles by comparing employment, occupational, and earnings patterns between 1990 and 2013.
Scholars and public commentators have recently debated the impact of education on earnings and earnings inequality. Some have argued that improving education is not the sole solution to inequality. In this economic analysis, Brad Hershbein, Melissa Kearney and Lawrence H. Summers clarify the different elemnts of the public debate and note explicitly that these positions are not necessarily at odds.
In a new interactive feature and economic analysis, The Hamilton Project explores how the current student loan repayment system often creates a heavy burden on recent graduates by having them make payments in the beginning of their careers when their earnings are low. The accompanying interactive feature allows users to calculate the share of earnings necessary to service traditional loan repayment for 80 college majors.
The importance of a college education for the advancement of one’s life and career has been widely reported. However, there is much speculation about the likely trajectory of one’s lifetime earnings once they’ve chosen a major program to study. To accompany a new interactive feature, The Hamilton Project explores the evidence behind career earnings by college major In this economic analysis.
In this policy memo, Sheena McConnell, Irma Perez-Johnson, and Jillian Berk offer proposals to help disadvantaged adult workers with the skills necessary to succeed in the labor market. The authors call for an increase in funding in the Workforce Investment Act Adult program. They also propose a series of four steps that state and local workforce boards can take to better assist disadvantaged adult workers in obtaining skills. This proposal is chapter nine of The Hamilton Project’s Policies to Address Poverty in America, and a segment in Building Skills.
In this policy memo, Harry J. Holzer proposes the creation of financial incentives for public colleges and university systems to offer classes in high-return fields and for employers to offer more training to their employees. This proposal, targeted at disadvantaged youth who have some academic preparation for higher education, aims to generate better labor market outcomes and wage gains. This proposal is chapter eight of The Hamilton Project’s Policies to Address Poverty in America, and a segment in Building Skills.