Upper Income Households By Education Attainment

Upper income households by education attainment

A new Pew Research Center analysis calculates the proportion of lower income, middle income and upper income households in 1971 and 2021. The headline of the analysis is the shrinking of the American middle class over the last half century. 61 of American households in 1971 were middle income. In 2021 that had declined to 50 percent. The reason for…

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Anthony Carnevale On Why Completing College Matters In Michigan

Anthony Carnevale on why completing college matters in Michigan

We are honored to have the opportunity to publish this column by Anthony P. Carnevale, the director of the Georgetown University Center on Education and the Workforce. The economy is changing, but will Michigan change with it? The United States has shifted to a postsecondary economy, in which good jobs are abundant for workers with at least some college education.…

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Brian Calley Makes The Case For EITC Expansion

Brian Calley makes the case for EITC expansion

Small Business Association of Michigan (SBAM) President and CEO Brian Calley in an interview with the Michigan Association of United Ways made the case for why a big expansion of the state's Earned Income Tax Credit (EITC) is good for Michigan businesses. You can watch the relevant portion of the interview here. Highly recommended. At the core of Calley's case…

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Could The Detroit Three Be Mobility Industry Minnows?

Could the Detroit Three be mobility industry minnows?

The New York Times in an article entitled Jim Farley tries to reinvent Ford and catch up to Elon Musk and Tesla writes: Yet Wall Street still thinks that Tesla, which is worth more than $1 trillion, will dominate the industry and that companies like Ford, worth $62 billion, and G.M., $58 billion, will become relative minnows. The possibility of…

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44 Percent Of Metro Detroit Jobs Pay Middle Class Wages

44 percent of Metro Detroit jobs pay middle class wages

Important new metro Detroit educational attainment report from the Detroit Regional Chamber entitled 2022 State of Talent. Worth checking out. The report portrays a region that continues to be a laggard in post-secondary attainment. And the negative impact that has on household well being and the region's overall prosperity. The Chamber writes: The data in this report illustrates a harsh…

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