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Archives: Progressive Economics


Young Money: In October, Black Youth Continue Facing High Unemployment Rates

October showed positive signs for the economy, with 161,000 jobs added and unemployment falling slightly to 4.9 percent. The youth unemployment rate, which tracks workers aged 16 to 24, increased slightly, to 10.4 percent. However, this rate still falls under the 2016 year-to-date average of 10.5 ...


Millennials Crave Economic Stability And Opportunity

Though the Great Recession has largely receded, its effects on the Millennial generation have not. Millennials’ attitudes toward the economy have been shaped by the recession, with more Millennials citing economic stability as their top economic priority than any other goal.


Young Money: September Adds 156,000 Jobs, Youth Unemployment Remains Around 10 Percent

In September, the economy added 156,000 jobs and the national unemployment rate for Americans 16 and older was 5 percent. The youth unemployment rate, which follows the employment of Americans aged 16 to 24, was 10.3 percent.


Vote Higher: Higher Education Messaging Toolkit

Today, 43 million Americans hold some sort of student debt, America holds $1.3 trillion in student loans, and the average student is graduating with nearly almost $30,000 in debt. Millennials know this is a crisis—they’re experiencing it first-hand. Recent research shows that it’s the ...


Want More Millennials To Vote? Talk To Them About Higher Education.

Young people are speaking out about the issues that are the most concerning and relevant. It is now up to the candidates to make these issues a priority.


Young Money: Unemployment Drops Across The Board For Youth In August

In August, the economy added 151,000 jobs, and the national unemployment rate remained steady at 4.9 percent for the third straight month while the youth unemployment rate fell to 10.2 percent from 10.8 percent in July. The national unemployment rate tracks all workers 16 and older who are seeking ...


Let’s Talk About The Millennial Wage Gap: Salary History Bans Won’t Just Help Women

It’s common for employers ask would-be employees about their salary histories, often using the answers to reduce their offers. But in Massachusetts, come July 1, 2018, employers will no longer be legally allowed to ask prospective employees about their salary histories.


Young Money: July Sees Steady Unemployment Rates For Youth And 255,000 Jobs Added Overall

The unemployment rates for both youth aged 16-24 and all workers 16 and older remained largely unchanged in July, while the economy added 255,000 jobs—slightly less than the 287,000 jobs added in June, but still indicating positive job growth.


Speak Out For Affordable, High-Quality Child Care For All Americans

Starting a family shouldn’t be a reason that Millennials are discouraged from pursuing a higher education—and yet child care costs more than college tuition in 28 states. For students or people with student debt, the cost of child care is a growing burden that is negatively impacting their ...


Young Money: Economy Rebounds In June, But Not For Black And Latino Youth

In June, the economy rebounded from a worrisome May, adding 287,000 jobs (compared to just 38,000 jobs added in May). Still, the unemployment rates increased slightly: the national unemployment rate rose to 4.9 percent, and the youth unemployment rate (measuring those aged 16-24) climbed to 10.7 ...


Young And Homeless In Los Angeles

Growing up and living in Los Angeles, there are few days I can recall when I did not see an individual affected by homelessness. Homelessness has been an issue within the United States since the first European settlers landed here, but became a severe issue during the 1980s when the United States ...


More And More, Millennials Rely on Digital Banking

More and more Millennials, especially those over 26, are making the shift to digital banking.


Senator Elizabeth Warren Calls Out The Ever-Precarious Gig Economy

Senator Elizabeth Warren (D-Mass.) has taken gig economy mainstays like Uber and Taskrabbit to task, noting that basic worker protections have yet to catch up to the flourishing new gig job market.


Do You Want To Retire Someday? Here’s How To Get Started Now.

How old do you hope to be when you retire? If you’re part of the Millennial generation, you’re likely to be working much longer than previous generations.


Expanding The Earned Income Tax Credit, Expanding Opportunity For Young Workers

In the heat of an intense presidential election season, we’re no strangers to hearing about how awful economic inequality is across the country. One in three people live in poverty. Two out of three minimum wage workers are women. And although opportunities are scarce for all, there is a growing ...

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