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“'Teens are working less, both during the summer and during the school year. And what they’re doing instead is they’re using their time really well. Teen enrollment in school during the summer has quadrupled since the ‘80s and has doubled since 2000. And during the school year teens are now much more likely to just be enrolled in school and not trying to juggle both school and work,' Lauren Bauer, a co-author of the study and Brookings Institution economic studies fellow, tells Yahoo Finance’s YFi PM.”

"Research conducted by The Hamilton Project shows that although the most competitive schools have the highest published prices, they also have the lowest out-of-pocket costs for low-income students." 

“Brookings Institute Economic Studies Fellow Lauren Bauer discusses a new study by Brookings that shows the number of teens aged 16 to 19 that participate in the labor market has fallen 35% since 2010.”

“Ryan Nunn with The Brookings Institution says teens these days are spending more time on school, taking advanced classes and summer programs, with an eye toward college and long-term earning potential. Teens were largely pushed out of the job market during the recession a decade ago, and they haven’t really returned to the extent expected, says Nunn.”

“To mitigate the effects of the next recession, it is imperative that Congress begins crafting and enacting thoughtful fiscal policy responses now — before the window of opportunity closes.”

“Teenagers aren't working like they used to. They are, in fact, one of the big reasons the U.S. labor-force participation rate is depressed. ‘If teens had still participated in the labor force at their 2000 rates, aggregate 16-64-year-old participation would be more than 1.3 percentage points higher,’ the Hamilton Project says in a new blog post.”

“The Hamilton Project… found that immigration has a small impact on low-skilled, native born American wages; that economic output is higher and grows faster with more immigrants; that high-skilled immigration increases innovation, and that immigrants in the long run contribute positively to government finances.”

"'There’s not necessarily one way [to look at wages] and that’s why you can get all the conflicting claims,' Jay Shambaugh, director of The Hamilton Project and a senior fellow in economic studies at the Brookings Institution, told us."

“According to the Hamilton Project, ‘the typical bachelor’s degree holder earned about $1.2 million over a lifetime — about $600,000 more than the average high school diploma holder and about $300,000 more than the average associate’s degree holder.’”

“Against this background, a new book from The Hamilton Project and the Washington Center for Equitable Growth, Recession Ready: Fiscal Policies to Stabilize the American Economy, makes a compelling case for strengthening automatic fiscal stabilizers.”

“In a 2018 commentary for Real Clear Markets, analyst Ryan Nunn concluded that ‘we could benefit from reforming licensing rules in the health care sector’ and loosening regulations that prevent people such as nurse practitioners or physician assistants from using the ‘full extent of their training and experience.’”

“The economist and Brookings Institution senior fellow talks to FT contributor Megan Greene about the fiscal policies that lawmakers could arrange now that would automatically kick in when some of the early signs of a slowdown start to appear.”

“A new paper for the Brookings Hamilton Project offers sage thoughts on how to boost UI participation and make its triggers and benefit levels more responsive to need… A new plan, also from the Hamilton Project, would automatically boost the feds’ contribution to state health-care programs.”

“One new clue comes from a new [Hamilton Project] report by Claudia Sahm, an economist at the Federal Reserve, who has developed a new method for predicting economic downturns. In the report, Ms Sahm argues that when the three-month average unemployment rate is at least 0.5 percentage points above its minimum from the previous 12 months, the economy is in a recession.”

“For generations, Japanese women were expected to quit their jobs after marrying or having children. Now, a solid majority keep working. According to the Hamilton Project at the Brookings Institution, 72 percent of married women ages 25 to 54 worked in Japan in 2017, up from 58 percent in 2000.”

“Data: Prison Policy Initiative, [The Hamilton Project at the] Brookings Institute; Chart: Andrew Witherspoon/Axios”

“There are two major reasons that poorer Americans are more exposed to tariffs than wealthier ones, Jay Shambaugh, a senior fellow at the Brookings Institution, told the Associated Press. First, poorer Americans tend to spend all of their income, while wealthier Americans have enough left over to save and invest. That means the poor have less means to absorb higher prices. Wealthy people are also more likely to buy services or goods that aren't subject to tariffs, such as gym memberships, entertainment or restaurant meals.”

“But, even with job creation and wage growth slowing down, the situation is far from a disaster, says Ryan Nunn at The Hamilton Project. ‘The unemployment rate remains quite low relative to where it’s been over the last 12 months or so.’ An indication, Nunn says a recession isn’t coming any time soon.”

“This January 2017 analysis from Furman, Katheryn Russ, and Jay Shambaugh sums it up nicely: These estimates show that the poorest 10% to 20% of households in the income distribution pay about $95 a year due to tariffs, middle-income households pay roughly $190, and the richest 10% about $500.”

“An even more ambitious idea [in a Hamilton Project report] comes from economist Claudia Sahm at the Federal Reserve Board. Under Sahm’s proposal, the federal government would simply mail checks to all Americans when a recession hits: Lump-sum…payments would be made to [all] individuals…when the national unemployment rate rises by at least 0.50 percentage points. The…individual payments would [total either] 0.7 percent of GDP, or 1 percent of personal consumption expenditures.”

“For many low-income households, tariffs ‘are a tax on their consumption, and by raising the cost of their consumption, they will likely have to cut back,’ said Jay Shambaugh, a senior fellow at the Brookings Institution.”

“For many low-income households, tariffs ‘are a tax on their consumption, and by raising the cost of their consumption, they will likely have to cut back,’ said Jay Shambaugh, a senior fellow at the Brookings Institution.”

“If politics were no obstacle, what would be the best way to respond to recessions? A group of policy wonks convened by [The Hamilton Project at] the Brookings Institution and the Washington Centre for Equitable Growth, two think-tanks, recently proposed an array of fixes for Congress to consider. Rather than relying on politicians to do the right thing in the heat of a crisis, they reckon that America needs better automatic stabilisers, which would kick in quickly when a recession occurred and which would gradually be removed when the economy was steady enough to cope without them."

“And these communities are already struggling: Wilkinson points to a discovery by the Hamilton Project’s Vitality Index, which found the fifth of the population living in the most rural counties suffered the lowest levels of ‘vitality,’ measured by median household income, poverty, life expectancy and unemployment, among others.”