This article references the Federal Reserve Bank of New York Staff Reports : Can Low-Wage Workers Find Better Jobs?
authored by Richard Florida, Todd Gabe, and Jaison R. Abel. There is growing concern over rising economic inequality, the decline of the middle class, and a polarization of the U.S. workforce. This study examines the extent to which low-wage workers in the United States transition to better jobs, and explores the factors associated with uch a move up the job ladder.
Vancouver is growing more divided as blue collar workers are priced out of the urban core, says author
‘Job creators’ wring tax breaks from states at the expense of everyone else.
Since the worst of the recession, New York City has gained back the jobs it lost and then some, surpassing its all-time high of over 4 million private-sector jobs by more than 5%. This is a resurgence to be sure, but it is a disappointingly uneven one.In short, the road to opportunity remains closed for far too many New Yorkers.
This paper examines the geographic variation in wage inequality and income inequality across US metros. The findings indicate that the two are quite different. Wage inequality is closely associated with skills, human capital,technology and metro size, in line with the literature, but these factors are only weakly associated with income inequality. Furthermore, wage inequality explains only 15% of income inequality across metros. Income inequality is more closely associated
with unionization, race and poverty. No relationship is found between income inequality and average incomes and only a modest relationship between it and the percentage of high-income households.
In the following interview, Florida talks about the latest workplace and economic trends affecting business owners and employees, the impact of technology and automation, why we need a new social compact and gives his best career advice.
The Ontario government was right to raise its minimum wage, and to introduce legislation that would peg future increases to inflation. But the new legislation should also take into account the significant differences in costs of living across the province. It should include provisions to index the minimum wage on a geographic basis.
According to new research by the Social Science Research Council’s Measure of America project, for our nation’s 5.8 million “disconnected youth”—the one in seven Americans between the ages of sixteen and twenty-four who are neither working nor enrolled in school. This cohort, whose numbers were stable for a decade, surged by 800,000 after the Great Recession and includes not only children from poor and minority families but significant numbers of white, middle-class youth as well.
While there is much to applaud about the recent revival of American industry, manufacturing is simply insufficient to help revive lagging industrial regions or power the job creation the nation so badly needs.
America is famed for its principles of equality — but renowned researcher Richard Florida says conditions have shifted so much nowadays that “the fundamental fact about America is its gaping inequality.”
Transcript for Big Think interview with Richard Florida on the ever-widening gap between creative workers and service workers, and what businesses should do about it.
Richard Florida on the ever-widening gap between creative workers and service workers, and what businesses should do about it.
Thursdays at the Huffington Post, Rana Florida, CEO of The Creative Class Group, shares her conversations with successful entrepreneurs and thought leaders about how they manage their businesses, personal lives, careers, and more. She also answers readers’ questions about how they can optimize their lives.
In this newest installment of our Creative Spaces series, we have assembled a slideshow to celebrate and congratulate those pioneers, some of whom we’ve worked with at CCG, who are envisioning and actualizing new ways of living and working.
Richard Florida speaks at the BizTech Conference & Expo at the Wilmington Convention Center in Wilmington, North Carolina, January 14, 2011.
The D.C. area will continue to be an area of significant job growth according to recent detailed statistical analysis first reported at The Daily Beast from Richard Florida.
Florida points out that the sorts of service-sector jobs the U.S. is on track to create the most of in coming years—for home health aides, customer service workers, food preparers, retail sales clerks—don’t necessarily pay all that well, and certainly not as well as the manufacturing jobs they are replacing.