As we approach this Labor Day, the Pennsylvania economy is growing steadily. Working families are sharing in prosperity in a more sustained way than at any point since 1980--although many families still struggle to make ends meet and, in our polarized nation, a big partisan divide exists in perceptions of whether the economy is better than four…

Rural America has long been perceived as "left behind" by policies that leave it struggling while benefiting bustling urban cities and suburbs. That narrative holds some truth: rural America has a declining population, along with lower educational attainment and lower workforce participation than urban America. But while rural America…

The COVID-19 pandemic brought unprecedented economic and policy challenges to the United States and other countries. Navigating out of the pandemic slowdown is another novel experience, which makes it more difficult to answer the question addressed each year in the "State of Working Pennsylvania": How is the Pennsylvania economy…

Tom Wilson, the chair of the executive committee of the U.S. Chamber of Commerce published an op-ed titled "Save Capitalism by Paying People More." Wilson acknowledges in blunt terms that ordinary working Americans are not flourishing economically. This year's annual "The State of Working Pennsylvania" documents the accuracy of…

The United States and Pennsylvania economies are at a pivot point: Will we build forward better or will we build back the same? Will we make things even worse? This report revisits the policy choices that lie ahead. Most of this annual checkup on the Pennsylvania economy, the 26th "State of Working Pennsylvania," presents labor market…

The growing availability of new data has pushed state policymakers to increasingly consider the return on investment of higher education. In this brief, we highlight key components of the return to higher education investments for both individual students and state taxpayers. By synthesizing research on how the value of education is realized at…

This paper assesses the extent to which Rhode Island's workforce lacks skills that are in demand among the state's current and potential employers and, if so, whether such a skills gap or labor market "mismatch" significantly restrains employment growth in the state. Using an index developed by Sahin et al. (2014), we find that…

The U.S. economy today has been in recovery since 2009. But nearly everyone agrees that the recovery is anemic--too slow to reduce the high level of unemployment. Real Gross Domestic Product (GDP)--the total value of all the goods and services produced in the United States--increased at an annual rate of 2.8 percent in the fourth quarter of 2010.…

Since U.S. economic growth began to slow in 2006, both the Bush and Obama Administrations have enacted a number of fairly costly programs designed to stimulate the economy and employment growth. Because many of these programs are fairly new, there has been little comprehensive examination of their impacts, but initial analysis suggests that these…

It will take years for the labor market to recover from the damage induced by the recent recession. While monthly job losses almost surely peaked in 2009, the unemployment rate will likely peak in 2010 (CBO 2010a). In April, the unemployment rate reached 9.9% and the overall economic cause is simple: firms are not hiring quickly enough, as…

Economic and demographic shifts in Appalachia show that overall conditions in the region are improving. This July 1972 economic report presents major changes in Southern Appalachia, Central Appalachia, Highlands Appalachia, and Northern Appalachia. The report includes (1) a summary of the previous year's economic report covering employment from…

Some 280 industry, education, labor, and state and local government leaders exchanged information about how Appalachian programs can harness technology to make traditional industries more competitive, package capital for job-creating industries and business, launch service industries, match education with jobs, and fit displaced workers into the…

Using data from various published sources, this report reviews the growth of higher education in India over the last 30 years, analyzes employers' needs for higher education graduates since 1950, and suggests guidelines for involving educational planning with manpower planning. The author describes the growth of Indian higher education in the…

Sustainable growth has economic policies addressed to current imbalances as its necessary, though not its sufficient, condition. Labor markets are important for the growth process; as the level of economic activity increases, they function better, and as they function better, the level of economic activity increases further. Labor market…

Part of a larger study to formulate an economic development program for St. Louis, this document discusses the growth potential or expected decline of industry in the inner city; factors influencing the retention and the location of industries in greater St. Louis; and ways of stimulating new business, especially Negro owned businesses in the…