Embed Size (px)
Citation preview
Equity, Demography, and the Future of the American Economy
Meeting of the Minds
April 10, 2013
Webinar Goals
• Provide the demographic and economic context that equity is no longer only a moral imperative—it is an economic one that is fundamental to the nation's economic future
• Solicit questions and feedback on equity and economic issues that would benefit from a more focused drill-down at the Toronto Meeting of the Minds session
National research and action institute advancing economic and social equity by Lifting Up What Works®. Guided by the belief that those closest to the nation’s challenges are central to finding solutions, PolicyLink relies on the wisdom, voice, and experience of local residents and organizations to advance policies that benefit everyone, especially people in low-income communities and communities of color.
PERE’s mission is to conduct research and facilitate discussions on issues of environmental justice, regional inclusion, and social movement building. PERE seeks and supports direct collaborations with community-based organizations in research and other activities to forge a new model of how university and community can work together for the common good.
Changing U.S. Demographics, 1970-2050
Sources: Statistical Abstract of the United States (1970 and 1980). Data for from the U.S. Census Bureau, decennial censuses (1990, 2000, and 2010). U.S. Census Bureau Population Projections, 2008 (2020-2050). Copyright ©2011 PolicyLink and PERE
83%80%
76%69%
64%60%
55%51%
46%
11%12%
12%
12%
12%12%
12%
12%
12%
4%7%
9%
13%16%
19%23%
27%30%
2% 3%4% 5% 6% 6% 7% 8%
3% 3% 3% 3% 3% 4%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
1970 1980 1990 2000 2010 2020 2030 2040 2050
Other and Multiracial
Asian American and/or API
Latino or Hispanic (of any race)
African American
Non-Hispanic White
-4,310,525
-248,081
4,788,632
781,946 875,683
White Black Latino API Other
U.S. Change in Youth (<18) Population by Race/Ethnicity, 2000-2010
42
3532 32
27
20
0
5
10
15
20
25
30
35
40
45
50
Non-Hispanic White Asian/Pacific Islander Black NativeAmerican/Alaska
Native
Latino Other or Mixed Race
Median Age by Race/EthnicityU.S., 2010
75%
55%
87%
80%
50%
55%
60%
65%
70%
75%
80%
85%
90%
1975 1980 1985 1990 1995 2000 2005 2010
Growing Generation Gap in the U.S.1975-2010
Share of Youth Who Are Non-Hispanic White
Share of Seniors Who Are Non-Hispanic White
Source: Policylink/PERE analysis of data from the Integrated Public Use Microdata Series (IPUMS) Current Population Survey (CPS) March Supplement.
Racial and Economic Inclusion Are Key to Economic Competitiveness
The Need for a Skilled Workforce
45% 43%
27% 26%
14%
68%
59%
Jobs in 2018 Requiring at Least an AA
White Black US-Born Latino
Foreign Born Latino
US-Born Asian
Foreign Born Asian
Share of Working Age Population with an Associate’s Degree or Above in 2010
Racial and Economic Inclusion Are Key to Economic Competitiveness
Inequality is bad for sustained economic growth
Source: Andrew Berg & Jonathan Ostry
Racial and Economic Inclusion Are Key to Economic Competitiveness
Diversity is an economic asset
46% 55%
18%
33%
Business Growth Receipt Growth
Minority-owned businesses
All businesses
Source: US Census, Survey of Business Owners, 2002 and 2007
Growth in Businesses, 2002-2007
The Way Forward: An Equity-Driven Growth Model
Rebuild our public infrastructure
• Maximize local job creation while
building sustainable regions
Grow new businesses that create jobs
• Leverage the purchasing power
of large “anchor institutions”
Build human capital
• Job training and career pathways
``
Maximize our resources
• Comprehensive Immigration Reform
Open Forum
• Questions
• Comments
• Feedback
For more information, please contact: Angela Glover Blackwell
PolicyLink [email protected]
www.policylink.org
Manuel Pastor
Program for Environmental and Regional Equity [email protected]"
http://dornsife.usc.edu/pere
Charles Rutheiser
Annie E Casey Foundation [email protected]
www.aecf.org
