Posts Tagged by economics
|November 9, 2013||Posted by M. P. under Education, News, Policy, Research, Youth Development||
If you were born into a family at the lower end of the earning spectrum, there is a good chance you will remain there, but if you do move up you likely won’t reach the middle income bracket, according to a study by The Pew Charitable Trusts on economic mobility. The findings from the report, Moving On Up Why Do Some Americans Leave the Bottom of the Economic Ladder, but Not Others?, point to a combination of race, educational attainment and employment as having a strong influence on the likelihood of a person ascending the income ladder. Specifically, the researchers found that 86 percent of college graduates versus 55 percent of those without a college degree moved up from the lowest category of the income ladder, as did 84 percent of double income families compared to 49 percent of those with one earner. The accumulation of savings and home equity were also related to upward mobility.
With human capital linked to economic mobility, it makes sense to take a closer look at the external factors that influence the development of one’s knowledge, skill sets and other facets of employability. The 2013 Opportunity Index from Opportunity Nation indicates some overall growth (2.6 percent) in the civic, educational and economic factors that are associated with upward mobility in the United States from 2011 to 2013. An interesting finding was that the zip code tends to be the strongest predictor of achievement – in other words – where one resides and the social, environmental, and institutional factors within that area influence one’s ability to access and successfully leverage opportunity for upward mobility.
Some of the national findings from the Opportunity Index:
- 5.8 million youth ages 16 to 24 are not in school and not employed
- 49 states saw an increase in their poverty rate even as unemployment decreased between 2011 and 2013
- High school graduation rates and the rate of people with at least an associate’s degree increased during this time period
- Unemployment was down, and mean household income was up between 2011 and 2013, but the poverty rate also increased (13.8 percent from 12.5 percent)
- Preschool enrollment stayed steady at just shy of 50 percent of 3 and 4 year olds, and on-time high school graduation increased to 84.1 percent (from 82.7 percent)
- The rate of violent crime and adult volunteering decreased
Photo Credit: M. Puzzanchera (Own Work) (CC By-NC-ND 3.0)
|January 22, 2013||Posted by M. P. under News, Philanthropy, Research||
There has been much focus the past few years on the impact of the economy on philanthropy and nonprofits, but relatively little on the overall impact that nonprofits have on the economy (save some state/local level analysis). But a recent look at nonprofit operations and economics has concluded that private grantmaking has a greater impact than previously assumed – so says new research from The Philanthropic Collaborative.
The report, Economic Impacts of 2010 Foundation Grantmaking on the U.S. Economy, takes a closer look at the $38 billion in foundation grants dispersed throughout the United States in 2010. The authors found positive impacts of the funding at the immediate and short term levels, specifically in wages and jobs, revenue and Gross Domestic Product (GDP) growth. In the midst of the recent recession the foundation monies resulted in the immediate creation of approximately half a million jobs. More notable than that however, was that the study identified long term impacts, including creating partnerships between organizations to encourage local entrepreneurship and grow the presence of for-profit businesses over time. The authors conclude that nonprofit activity does have long-term economic impact, reflected in both the GDP and the country’s employment rate.
The complete report, including eight community-level case studies of diverse initiatives and programs, is available at The Philanthropic Collaborative’s website.
|September 8, 2010||Posted by M. P. under Education, News, Research||
The Pittsburgh Urban Blog announced findings that show the enrollment rates for Pittsburgh colleges and universities are continuing to climb yearly. According to the article, Higher Education Enrollment and Graduation Trends in the Pittsburgh Region by Christopher Briem in the recent edition of Pittsburgh Economic Quarterly, regional institutions of higher learning have increased enrollment by nearly 16,000 students between 1996 and 2008.
Higher education attracts revenue and residents to the Pittsburgh area – without it our region, including other nonprofit organizations, might be looking far different during this recession. The Pittsburgh Economic Quarterly, of the University Center for Social and Urban Research at the University of Pittsburgh, will continue to examine the impact of higher education on Pittsburgh in future editions.