107 lines
3.4 KiB
YAML
107 lines
3.4 KiB
YAML
abstract: 'According to Sheldon Danziger and David Ratner, changes in the labor
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market over the past thirty-five years, such as labor-saving
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technological changes, increased globalization, declining unionization,
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and the failure of the minimum wage to keep up with inflation, have made
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it more difficult for young adults to attain the economic stability and
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self-sufficiency that are important markers of the transition to
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adulthood. Young men with no more than a high school degree have
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difficulty earning enough to support a family. Even though young women
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have achieved gains in earnings, employment, and schooling relative to
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men in recent decades, those without a college degree also struggle to
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achieve economic stability and self-sufficiency.
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The authors begin by describing trends in labor market outcomes for
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young adults-median annual earnings, the extent of low-wage work,
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employment rates, job instability, and the returns to education. Then
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they examine how these outcomes may contribute to delays in other
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markers of the transition to adulthood-completing an education,
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establishing independent living arrangements, and marrying and having
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children. They conclude that adverse changes in labor market outcomes
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are related to those delays but have not been shown to be the primary
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cause.
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Danziger and Ratner next consider several public policy reforms that
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might improve the economic outlook for young adults. They recommend
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policies that would increase the returns to work, especially for
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less-educated workers. They propose raising the federal minimum wage and
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adjusting it annually to maintain its value relative to the median wage.
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Expanding the Earned Income Tax Credit for childless low-wage workers,
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the authors say, could also raise the take-home pay of many young adult
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workers, with minimal adverse employment effects. New policies should
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also provide work opportunities for young adults who cannot find steady
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employment either because of poor economic conditions or because of
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physical and mental disabilities or criminal records that make it hard
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for them to work steadily even when the economy is strong. Finally, the
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authors recommend increasing federal Pell grants for college and
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improving access to credit for would-be college students to raise the
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educational attainment of young adults from low-income families.'
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affiliation: 'Danziger, S (Corresponding Author), Univ Michigan, Gerald R Ford Sch
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Publ Policy, Natl Poverty Ctr, Ann Arbor, MI 48109 USA.
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Danziger, Sheldon, Univ Michigan, Gerald R Ford Sch Publ Policy, Natl Poverty Ctr,
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Ann Arbor, MI 48109 USA.
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Ratner, David, Univ Michigan, Dept Econ, Ann Arbor, MI 48109 USA.'
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author: Danziger, Sheldon and Ratner, David
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author_list:
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- family: Danziger
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given: Sheldon
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- family: Ratner
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given: David
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da: '2023-09-28'
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eissn: 1550-1558
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files: []
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issn: 1054-8289
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journal: FUTURE OF CHILDREN
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keywords-plus: INEQUALITY; EDUCATION; COLLEGE
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language: English
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month: SPR
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number: '1'
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number-of-cited-references: '68'
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pages: 133-158
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papis_id: bcc64e7f83f7ef38f2fc7681a8b7c8ea
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ref: Danziger2010labormarket
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times-cited: '139'
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title: Labor Market Outcomes and the Transition to Adulthood
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type: article
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unique-id: WOS:000277024900007
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usage-count-last-180-days: '1'
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usage-count-since-2013: '40'
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volume: '20'
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web-of-science-categories: 'Family Studies; Health Policy \& Services; Social Sciences,
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Interdisciplinary'
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year: '2010'
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