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Progressive Economics

Progressive Economics

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Join the movement for an economy that promotes the well-being of all young people.

IDEAS

Young Money: Year Ends with Mixed Signs From the Economy

The U.S. Bureau of Labor Statistics has released unemployment numbers for the last month of 2017, revealing both positive and troubling signs for the American economy. 148,000 jobs were added in December, with the unemployment rate remaining unchanged at 4.1%. The unemployment rate for young people ...

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VOICES

#ResistanceRecap: How Young People Fueled the Resistance in 2017

2017 began on the defensive: Trump took office in January, and within days he had issued an Islamophobic, xenophobic ban on Muslims. The year was anxiety-riddled, with young people, and particularly young immigrants, people of color, and women, never sure when President Trump and his conservative ...

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IDEAS

Young Money: Youth Unemployment Rate Continues Downward Trend, Labor Force Participation Rate Remains a Challenge

Today the U.S. Bureau of Labor Statistics released its latest snapshot of the American economy. In October, 261,000 new jobs were added to the economy. The unemployment rate ticked slightly down to 4.1%, the lowest since December 2000. Estimates from September were revised, showing that the jobs ...

IDEAS

Young Money: In September, Youth Labor Force Participation Rate Reaches Highest Level In 7 years

In September, the unemployment rate fell 0.2 percentage points to 4.2 percent while the economy lost 33,000 jobs—the first loss in jobs in seven years. Meanwhile, the youth unemployment rate, which tracks just those aged 16 to 24, ticked slightly upward from 8.9 percent in August to 9.1 percent ...

IDEAS

Seeking Sanctuary: How Schools Can Protect and Advocate for Undocumented Students

Generation Progress has identified key policies—based on practices already in place at many schools—all colleges and universities must enact to fully open the gates of higher education to undocumented students.

VOICES

Young And Unionized

Rachel Bryan’s family are fourth generation homeowners in Oakland, California. When Rachel moved to Washington, DC, about a year ago for work, she describes the cross-country change as “taking one for the team.” But she says this while laughing, and talks in such a way that you can tell ...

IDEAS

Young Money: As Summer Ends, Youth Unemployment Falls While Labor Participation Remains Low

In August, the economy added 156,000 jobs, the overall unemployment rate ticked up slightly to 4.4 percent, and the youth unemployment rate fell 0.1 percentage points, to 8.9 percent. This youth unemployment rate—which tracks just 16- to 24-year-olds—is the lowest the youth unemployment rate ...

IDEAS

Young Money: In July, Youth Unemployment Falls But Labor Force Participation Remains Low

In July, the economy added 209,000 jobs and the national unemployment rate fell 0.1 percentage points, to 4.3 percent. The youth unemployment rate (which tracks 16- to 24-year-olds) also fell 0.1 percentage points, to 9 percent flat. This brings the 2017 year-to-date youth unemployment rate to 9.3 ...

VOICES

Millennials and Money

On the first day of my summer internship, our intern coordinator asked us to bring in a voided check in order to route money to our bank accounts. “Voided check? What does that mean?” asked a fellow intern. “You know, it’s a check that has ‘VOID’ written in big letters across the ...

IDEAS

Young Money: Midway Through 2017, Youth Economic Opportunity Still Depends On Race And Ethnicity

Sign up to get each edition of Young Money–our newsletter on Millennials and money–in your inbox every month. June’s youth jobs day numbers show us not just how youth fared this month, but a reflection point for the first half of 2017. As will be discussed, the numbers show that while ...

VOICES

6 Stories That Show Why Student Loan Borrowers Need Protection

Education Secretary Betsy DeVos recently decided to roll back rules designed to help students who have been defrauded by their colleges. While scammed students have continued to request relief processing, no new loan discharges have been approved since January 20. Some borrowers have been waiting ...

VOICES

Who Are America’s Millennial Homeowners?

Homeownership may not be the rite of passage it once was for young adults: according to a report by the Pew Research Center, 2016 saw the lowest level of young homeowners in over 40 years. The same report says that 81 percent of adults think buying a home is the best long-term investment in the ...

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