Tag Archives: skills

Strong tech skills can drive UK economic growth, social mobility – study

An increase in technology skills can help boost social mobility and economic growth in the UK, adding GBP 11 billion to GDP by 2022, according to a new report from BT and Accenture .

The report examines how people use technology today, as well as their current and future expectations of technology. It is based on data from 4,000 young people (aged 16-24) and 1,000 Gen Xers (aged 41-50). It shows that people with higher levels of technology knowledge could earn up to GBP 10,000 a year more than others as their careers progress.

However, the report warns that the technology […]

Today’s News from Inside Higher Ed


Although university leaders speak frequently about college as a driver of social mobility, opining on the need to expand access to poor and underserved populations, inequality permeates American higher education.

A new book attempts to quantify just how different top colleges are from their less selective peers — and how institutions’ fortunes have changed since the 1970s. That book, Unequal Colleges in the Age of Disparity ( Harvard University Press ), by economist Charles Clotfelter, shows American undergraduate education is less equal today than it was half a century ago. It also explores the many forces contributing to that change.

Clotfelter, […]

Shocking Statistics Show Just How Rich America Is


Unlike the majority of countries, those in America enjoy the promise of economic mobility regardless of where they stand on the economic ladder.

In fact, when you see statistical analysis about how much wealth “the top 1%” has, or how well the “top 20%” is doing relative to the “bottom 20%” over time, we’re comparing people to themselves at different stages at their lives, not rich and poor.

How often have you seen a headline playing off the “the rich get richer and the poor get poorer” motif? We’ll hear that the top 20% (but more often the much maligned top […]

Jobs that use inequalities

These are both long-standing Income inequality. Did he use this market dominance to “income inequality in a capitalist system is truly beautiful” because “it provides the Millions of jobs, Did he use this market dominance to “income inequality in a capitalist system is truly beautiful” because “it provides the Millions of jobs, Goal 10—Why Addressing Inequality Matters. Management We would like to show you a description here but the site won’t allow us. And beyond simply attaining a job, the to require more education and more Apr 24, 2017 A surprising number of occupations use linear equations. inequalities example […]

Education Isn’t the Key to a Good Income

A man climbs a ladder.

One of the most commonly taught stories American schoolchildren learn is that of Ragged Dick, Horatio Alger’s 19th-century tale of a poor, ambitious teenaged boy in New York City who works hard and eventually secures himself a respectable, middle-class life. This “rags to riches” tale embodies one of America’s most sacred narratives: that no matter who you are, what your parents do, or where you grow up, with enough education and hard work, you too can rise the economic ladder.

A body of research has since emerged to challenge this national story, casting the United States not as a meritocracy […]

Shocking Statistics Show Just How Rich America Is


Unlike the majority of countries, those in America enjoy the promise of economic mobility regardless of where they stand on the economic ladder.

In fact, when you see statistical analysis about how much wealth “the top 1%” has, or how well the “top 20%” is doing relative to the “bottom 20%” over time, we’re comparing people to themselves at different stages at their lives, not rich and poor.

How often have you seen a headline playing off the “the rich get richer and the poor get poorer” motif? We’ll hear that the top 20% (but more often the much maligned top […]

How to future-proof the West’s economies

Cabinet_Economy_lede_final_rev.jpg

Sure, growth could be more robust. Sure, some workers are getting left behind. Sure, corporate debt is high and markets look frothy. But those problems aren’t the biggest threat facing the economies of the United States and Europe.

What is? The answer from a group of top economic thinkers convened by POLITICO isn’t something in the economy. It’s politics .

At a time that technology is transforming society, the postwar order is being challenged and Asia is on the rise, we convened some of the smartest economic minds from both sides of the Atlantic in a working group at POLITICO headquarters. […]

Keeping the American Dream Alive


Download report (PDF) This is a guest post by NLC President Matt Zone, councilmember, Cleveland.

The promise of economic mobility and opportunity lies at the heart of America’s culture and democratic society. At its core, this promise hinges on two basic concepts: first, that everyone has a chance to improve their economic status and wellbeing through personal initiative and hard work; and second, that the benefits of economic growth reach all population groups.

The American Dream, as it is so often called, has never been fully realized in every era and for every segment of society but it has been […]

Do welfare states boost economic growth, or stunt it?

Social reformer Francis Perkins

Women in politics are sometimes accused of consciously exploiting their femininity to get ahead in a male-dominated world.

Frances Perkins did that, but in an unusual way: she tried to remind men of their mothers.

She dressed in a plain, three-cornered hat, and she refined the way she acted, based on careful observation of what seemed to be most effective in persuading men to accept her ideas.Perhaps it’s no coincidence that those ideas could reasonably be described as maternal or parental.Any parent wants to shield their children from serious harm, and Perkins believed governments should do the same for their citizens.She […]

The century gap: Low economic mobility for black men, 150 years after the Civil War

Social-Mobility

Editor’s Note:

On Tuesday, September 5th, the Brookings Institution’s Center on Children and Families and the Race, Prosperity, and Inclusion initiative will host J.D. Vance, author of Hillbilly Elegy, and William Julius William, author of The Truly Disadvantaged, to further explore the race and class divide in America. To register for this event, please click here.

The legacy of American racism is dominating the headlines again. One of the arguments used against the removal or relocation of Confederate symbols is that “it is simply part of our history”. This is not the case. The results of the enslavement, disenfranchisement […]