ICYMI ... A new report from @NCCommerce & NC Child details how, because of child care issues, thousands of parents are on the sidelines of our workforce, limiting economic opportunity for their families and holding our economy back.
https://t.co/mHOiuzVzT7
I am so grateful to have spent the day with @rcsraiders having a vital conversation around youth mental health.
Anytime I get the chance to return to the community that shaped me is always great- and it’s even better when I can bring @ncchild along to see RCO!
"NC’s early education and child care system is one commitment we can’t come up short on. If we don’t commit to ensuring child care providers and systems are supported, we could see providers across the state close their doors." @harringtonneild
https://t.co/hO8BKKF1zQ
The Fed will not pivot
The Fed will hike another 25 basis points this week, and Powell will signal that's likely the last rate hike this year, and the Fed will not cut rates this year. Believe him. 🧵
The market for childcare in the U.S. is a failure. This is a thread to give some context to that statement.
First, prices. The price of child care has risen faster than prices overall (even for things like housing) over the past twenty years. It's not close.
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More men need to talk about issues historically thought of as “women’s issues.” As @KGeee points out in her piece below, it can motivate a culture change around issues like lack of accessible, affordable child care that hinder our economy (and are just unjust). Check it out!
In this week's newsletter, I wrote about @emergingissues at NC State's "Talent First Economics" summit last month, where I noticed a culture change underway. https://t.co/hb2r6M8J8i
Since the IRA become law, we’ve been tracking how the US #EV supply chain has responded.
My students and I have inventoried publicly announced projects, capital investment, target production and employment levels, and more.
Here is what we’ve learned so far in 8 charts. 1/8
How can families with young children be better connected to the workforce? @harringtonneild, Rob Thompson (@BlueCrossNC), @KGeee, Ashanti Ternoir (Life Works Program) & @LisaFinaldi explore data & strategies in a breakout session at #TalentFirstNC
The biggest argument against the expansion of the Child Tax Credit is that it creates a work disincentive: give parents money, and parents will work less.
I find it hollow and hypocritical to the point of cruelty, considering what's at stake: a reduction in child poverty.
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This is the one scary job chart: Public education is still *really* struggling to hire.
Employment in K-12 education is down -363,000 vs. pre-pandemic levels.
And it's gotten worse since May... (keep in mind data is seasonally adjusted, so this isn't just a summer slump)
New: The Impact of Job Openings on Community College Enrollment. Here is a brief overview:
When labor markets are tight, enrollment at higher education institutions tends to decline. This trend has played out across the US, NC is no exception. https://t.co/n2PY8XQnmp
Not only is the job number fantastic for our "are we in a recession?" moment, it's great for basically any month period.
To put how good 372,000 new jobs are in context, it's higher (as a percent of employment) than 79 percent of monthly job numbers since 1980. (1/2)
Want to see what it takes to make ends meet in your #NC county? We released the new Living Income Standard numbers this week -- and a new dashboard so you can see your county's numbers at a glance! https://t.co/R0vxN8Zash #ncpol
We all need to be paying attention to Mississippi right now. Last week #MSHouseofRep overwhelmingly passed (w/o any debate!) an outrageously irresponsible bill that'll kill the state budget by >$1.5B, raise taxes on the poorest residents and create a windfall for the richest 1/8
Found out today my father in law supported striking Bridgestone union workers in 1996 by removing company signs from his NOLA tire stores and placing them in a giant coffin while playing traditional jazz funeral music.
Amazon has 171 new (and upcoming) warehouses located in Opportunity Zones, which offer federal tax breaks to rich corporations like Amazon, our analysis found.
It's one more tool Amazon can use to get out of paying taxes, the @washingtonpost noted.
https://t.co/lKtfP1MqkJ
Join the conversation about utopian responses in NC to anti-Black Racism with Senator Floyd B. McKissick Jr., Professor Thomas Healy, and Skip Gibbs!
Topics to be discussed include Soul City, the Brightwood Permaculture Farm, and more!
Register Here:
https://t.co/k1sUh1waqP