GNH Community

nonprofits,local leaders & Grt.New Haven business sharing information

Volunteer with New Haven Promise Support a college going culture, here's why:

http://www.luminafoundation.org/publications/A_stronger_nation.pdf

 

Based on an analysis conducted by the Georgetown University Center on Education and the Workforce, a much larger proportion of jobs in the U.S. will require higher education — even in the near term. This analysis — Help Wanted: Projections of Jobs and Education Requirements Through 2018— shows that fully 60 percent of jobs in the U.S will require postsecondary education by 2018 — well before the target date for Lumina’s “audacious” goal.  For better or worse, the Great Recession is putting the relationship between higher education and the economy into stark relief, and we are making the connections between economic forces and higher education attainment. 

 

Two simple facts point to the nature of this key relationship. The first is that college graduates are employed at much higher rates than are non-college graduates. Today, while overall unemployment rates are hovering around 10 percent, only 4.5 percent of college graduates are unemployed.  It has become clear, not just to economists, but to millions of Americans, that completing some form of higher education is the best insurance against unemployment. 

 

Data on wages are even more telling. Of course, it is well known that college graduates make more money than those who have only completed high school, who in turn make more money than high school dropouts.  Frankly, that doesn’t prove much; in a tight employment market, employers can be expected to favor those with credentials over those without. What is less well understood is that the gap in earnings between these groups is growing. Even in this job market, employers are paying an increasing premium for college graduates. This same phenomenon is occurring in 29 of the 30 most developed countries.3 This is not a coincidence.   

 

What is happening has been documented in Help Wanted and other reports: Employers increasingly depend on the skills and knowledge of their workers, and they are paying a premium to get those skills. Meanwhile, the well-paying, low-skill jobs that American industry used to provide in abundance are disappearing quickly. What is left, as documented by MIT economist David Autor,4 is a stratified job market in which jobs are either high-skill/high-wage or low-skill/low-wage. In this economy, workers with jobs in the former category are in the middle class or above; those with jobs in the latter category are the working poor. Just as importantly, the only route between the two strata is through education to obtain the skills and knowledge the global marketplace demands.

 

http://www.luminafoundation.org/publications/A_stronger_nation.pdf

Views: 7

Comment

You need to be a member of GNH Community to add comments!

Join GNH Community

Imagine. Inform. Invest. Inspire.

Working together to build a stronger community - now and forever

Neighborhoods: What is Working

The Affinity Dilemma

If the heart of our social problems is “like-mindedness,” the nature of associational affinity is one cause of the problem. Local examples/possibilities of “different mindedness” may be the way serious citizen dialogue can develop in relatively homogeneous places.

Forget Your Perfect Offering

Sage advice: Stop looking for concepts or tools that might be better than the ones you currently use. Your association with frailty, vulnerability and imperfection will serve you better anything or anyone that promises certainty.

Withering into the Truth

As a present to himself in anticipation of his seventy-eighth birthday, Parker reflects on six lessons he has learned so far in his time on earth. “If one or two of them turn out to be gifts for you,” he says, “my birthday will be even happier.”

Open Street Project

Announcing a new phase of the Open Streets movement!

As part of the 2016 International Open Streets Summit in Portland, OR, The Street Plans Collaborative – founder of the Open Streets Project – is excited to announce a new phase in the evolution of the movement. To expand capacity and deepen our expertise, we’re thrilled to welcome 8 80 Cities as our primary non-profit [...]

The Body of Research on Open Streets is Growing – come hear about it at the 2016 International Open Streets Summit!

Charles Brown MPA, Senior Researcher with Rutgers University will present findings from the first-ever survey of a university community aimed to increase their overall diversity, inclusion, and sustainability. The survey highlights nearly 2,000 surveys from a focus group with Black and Hispanic Residents. Come discuss different strategies on how to use this information to remove [...]

Ottawa Canada expert will share 45 years of experience running NOKIA Sunday Bikedays at the 2016 International Open Streets Summit

Ottawa enjoys two seasons of open streets/canals with 7.8 km of Rideau Canal Skateways and 52 km of car-free NOKIA Sunday Bikedays throughout the capital city Ottowa and Gatineau Park. Come hear Bruce Devine with the National Capital Commission speak at the 2016 International Open Streets Summit about their innovative and data-driven analysis of how [...]

Local Initiatives Support Corporation

Data Draws a Line from Housing Policy to Economic Progress

Does investment in affordable housing support social and economic gains? The data certainly indicates that it does, says Chris Walker, LISC’s director of research. As part of our occasional series on community development research, Walker takes a closer look at studies that analyze the impact of the Low Income Housing Tax Credit. It's a compelling body of evidence that not only reflects decades of development work but informs current efforts to spur economic opportunity for low-income people across the country.

Toledo LISC Leads the Charge to Curb Predatory Lending in Ohio

Payday loans, with interest rates as high as 700 percent, drive low-income people deeper and deeper into poverty and suck resources out of local communities. To crack down on the high concentration of predatory lenders in Toledo, LISC helped push through a city zoning change that puts limits on payday lenders. Now, the state of Ohio is weighing similar protective legislation, and LISC is supporting employer-based small dollar loans that help workers build positive credit histories without getting trapped in debt.

The Right Stuff: 20 Years of LISC in Duluth

An editorial in the Duluth News Tribune celebrates LISC’s history of investment and highlights CEO Maurice Jones’ vision for spreading growth and prosperity more broadly in Minnesota and all across the country. In fact, without LISC, say the paper’s editors, $300 million of economic activity, and countless jobs and projects, might never have been realized in Duluth.

© 2017   Created by Lee Cruz.   Powered by

Badges  |  Report an Issue  |  Terms of Service