Workers without a four-year degree have seen their city earnings drop so much that even without rising rents, it would be enough to price them out of urban areas.
Living in a large, expensive city used to pay off for all workers by giving them a shot at better jobs and bigger paychecks. That allure has faded in recent years.
The MIT WotF Task Force is launching a series of research briefs that will help frame national discussion, policies, how we can create greater shared prosperity.
“Superstar” cities aren’t all they’re cracked up to be, especially for Black male college graduates, says a new study from MIT. Covid-19 could make matters worse.
From 1990 to 2015, the wage advantage for non-college workers in the most urban quartiles was chopped in half; Black and Latino workers were most affected.
The coronavirus is spotlighting longstanding shortcomings in worker power at big companies — and that could lead to lasting change, experts say.
Businesses that move quickly to use robots tend to add workers to their payroll; industry job losses are more concentrated in firms that change more slowly.
Inequality in America was not born of the market’s invisible hand. It was created by the hands and sustained effort of people who engineered benefits for themselves.
John Van Reenen of MIT and the Sloan School of Management proposes an ambitious Grand Innovation Challenge Fund that would increase U.S. spending on R&D.
In an age of AI, genomic medicine, self-driving cars, the most effective response to COVID-19 has been quarantines, a public health technique borrowed from the Middle Ages.