In her book Unbound: How Inequality Constricts Our Economy and What We Can Do About It, Heather Boushey, President and CEO of the Washington Center for Equitable Growth, considers how inequality is restricting growth and imagines how a more equitable economy would function. The book also raises two key questions: How can we better measure our economy to understand how it can improve the lives of individuals and how do we better support working families so we can set them and their children up for success?
The Economic Opportunities Program, Ascend, Financial Security Program, and Program on Philanthropy and Social Innovation hosted a book talk with Heather and a panel discussion including other experts to explore these questions about defining and measuring economic success and how we can work more broadly to create growth with purpose.
Lack of access to quality jobs is a key contributor to rising inequality. Race, gender, and place all play a critical role in who has access to quality work and economic mobility. How can leaders across fields take concrete steps to assess and address disparities in job quality in a regional labor market and improve outcomes for all workers? This event explores the following questions: Why prioritize and measure job quality in your work? What data sources, tools, and approaches can you put to work immediately to assess job quality in your local labor market? How can you disaggregate data by race, gender, and place, and analyze disparities in job quality in a region?
In an engaging book, Beaten Down, Worked Up – The Past, Present, and Future of American Labor, veteran New York Times reporter Steven Greenhouse relates how working people organized to address similar challenges in the past, how the gains they achieved began to erode, and how working people today are again finding their voice. Like their predecessors, workers are uniting in common purpose to respond to today’s challenges and demand a better world of work for themselves and for future generations.
Enjoy this conversation with one of the nation’s leading labor reporters discussing the past, present, and future of work in America and the role of working people in determining that future.
What will it take to make sure everyone in the United States has quality jobs?
The Aspen Institute and Urban Institute have been exploring this issue through different vantage points, to better understand the challenges that we face and the implications for policies and practices that improve job quality. And while the issue of quality jobs is one of national importance, solutions also need to respond to the needs of different places and communities across the country and be inclusive of all, regardless of race, gender, or other factors. Governments at all levels, businesses, civic, labor, and community organizations and more, all have roles to play in addressing the need for quality work.
What do we know and what do we need to know so that we can build a world of work in which hard work truly does lead to a dignified living? This conversation brings together different experiences and perspectives to explore this question. We feature a senior researcher from the Urban Institute together with Aspen Institute Job Quality Fellows from business, community development finance, and workforce and policy development who are working to create quality jobs in their communities.
Since 2008, more than 2.5 million new jobs were created in the most prosperous ZIP codes, while the least prosperous areas lost nearly 1.5 million jobs, according to research from the Economic Innovation Group. New jobs have flowed into cities, with rural areas across the country still yet to fully recover from the Great Recession. And within cities prosperity is not broadly shared; income inequality is higher in large cities than the country as a whole and wealth inequality has a large and persistent racial bias.
Opportunity Zone investments have the potential to address these economic divides by supporting small business growth and local ownership in communities that have thus far been left out of the recovery. But effort and expertise are needed to ensure that these investments create opportunities that reach people in the targeted communities, and that they extend to women, people of color, those who have been involved with the justice system, and others who have traditionally faced barriers to economic opportunity.
This event explores these issues and considers ideas to focus Opportunity Zone investments in ways that will create jobs and wealth for communities and support small business development and ownership in places that have for too long been left on the sidelines of the economy.
The personal and economic needs of gig workers can be as varied as the platforms they use. In what ways is independent work working for people? In what ways can it pose problems? How can we build systems in which gig work is good work?
As a society that encourages work, we need to also consider what the rewards for hard work should be. We know that working people need access to benefits such as health insurance and paid sick days, but who should provide them? What kind of flexibility do workers need and how well does that match with business needs for flexible access to workers? Can gig jobs support both thriving businesses and thriving workers and families?
This event explores the issues and opportunities facing gig workers and offers ideas for building supports to make gig work good work.
Food retailers play an important role in communities, serving as major employers and anchor institutions. But local chains are facing challenges from market consolidation, new competitors, and new technologies that threaten to alter business operations and replace workers. Some stores are finding ways to differentiate and improve business performance by investing in workers – which helps them create exceptional customer service and cater to local communities. Research by the National Grocers Association, the trade association for independent supermarkets, indicates that more than 80 percent of consumers still prefer their local store to an online alternative, and they value local, quality items and friendly staff.
This event explores how grocers can succeed – and can advance economic and racial equity – by investing in workers. Bringing together food access advocates, food retail leaders, and workforce development experts, we discuss what consumers, business owners, and policymakers can do to encourage good working conditions for the people behind our groceries.
Running a company with job quality in mind is good business, and a metric for quality jobs could improve decisions about where to invest, whom to lend to, and which companies to do business with. However, until now, there was no easy and consistent way to measure a businesses’ “people outcomes” and benchmark to industry peers.
In 2018, the Economic Opportunities Program’s Good Companies/Good Jobs Initiative, in partnership with Working Metrics, unveiled a new tool that assesses businesses’ job quality performance for frontline workers and benchmarks them against others. This tool is part of a unique nonprofit-for profit collaboration with Working Metrics to get this tool into the hands of investors and businesses’ procurement systems to help them include firms’ treatment of workers in their decision making – thereby creating strong incentives for business change.
This Working in America event includes a presentation on this tool and discussion with businesses who contributed to it and used it to improve their practices.
Throughout history, courts have played a key role in interpreting and enforcing the rules that govern work, balancing the rights and interests of workers and those of the companies they work for. How courts strike that balance has changed over the years and has influenced the continuing evolution of the relationship between workers and employers.
In this event, we hear from legal and economic scholars and worker advocates about the critical role that courts have in setting the rules for the employer-employee relationship and the impact these decisions can have on individuals and the economy.
In recent decades, workers’ paychecks have remained stagnant, despite increases in productivity. At the same time, returns to wealth have increased. Strategies that transform workers into owners, such as employee share ownership strategies, have the potential to give working people a stake in our growing economy and include them in the nation’s prosperity. With employee share ownership strategies, employees may hold a majority of shares as participants in an Employee Stock Ownership Plan (ESOP), be members of a worker cooperative, or have a meaningful stake in a public company or start-up. Business leaders often emphasize the value of employee engagement, and many have found that these strategies contribute to higher levels of worker engagement, relative to that of peer companies. In this event, panelists discuss how employee share ownership strategies help workers to share in the success of their companies, while promoting business success.