Was Live Fri, Jun 21, 2024 | 11am PST
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Guest Speakers
- Dr. Michelle Holder, Associate Professor of Economics at John Jay College, City University of New York
- Dr. Michael Reich, Professor of Economics and Chair, Center on Wage and Employment Dynamics at the Institute for Research on Labor and Employment, University of California at Berkeley
- Dr. Heidi Shierholz, President, Economic Policy Institute
- Dr. Austin Clemens, Senior Fellow, Washington Center for Equitable Growth
Event Overview
Income inequality continues to rise in the US. The top 10% in the US earn above $150,000 annually and have over $1 million in assets. Low income families, by contrast, earn an average of $31,000 per year and have negligible assets.
Gender and race are key drivers of persistent wage gaps. People who work in the gig economy – overwhelmingly immigrants – earn as little as $7 per hour. Intergenerational mobility, a key driver of wealth, has dropped over the past four decades. And there is a fear that technology will create wider wage gaps.
Speakers this week will tackle each of these issues and offer policy recommendations for narrowing the wage gap.