Fast Company reporter Kristin Toussaint writes about a new study by Prof. David Autor that finds middle class jobs for non-college grads are disappearing, particularly for Black and Latino workers. Autor suggest that higher minimum wages “are surprisingly effective at improving the incomes of workers in low wage jobs,” adding that “they don’t seem to have noticeable adverse effects on employment.”
Prof. David Autor has found opportunities for minority workers in cities have receded, particularly those without college degrees, reports Jonnelle Marte for Reuters. “As the middle hollowed out, (minority workers) were more exposed to middle-skilled work, and net of that, they were also over-represented at the low end and under-represented at the high end,” says Autor.
Bloomberg reporter Peter Coy writes that a new study by Prof. David Autor finds cities are no longer “escalators of opportunity” for people in middle-paying jobs, in particular Black and Latino workers. Coy writes that Autor proposes, “one solution is to raise minimum wages in cities, which would raise the living standards of low-income workers.”
A study by Prof. David Autor finds that cities no longer guarantee middle-wage opportunities for Black and Latino workers, reports Andrew Van Dam for The Washington Post. "Changes in occupational structure, in cities, have been larger and arguably less favorable among Blacks and Hispanics than among whites," says Autor.
Axios reporter Erica Pandey writes that a study by Prof. Thomas Kochan underscores how the Covid-19 pandemic has uncovered longstanding shortcomings in worker power. "The key to going from isolated protests at a place like Amazon or Walmart to a force that’s really going to get the company to respond is the customer," says Kochan."Customers are the hidden source of power for workers."
TechCrunch reporter Ingrid Lunden spotlights Ginger, an MIT startup “that works with organizations and their healthcare providers to provide employees with an app-based way to connect with coaches to talk through their issues and suggest ways forward,” reports Ingrid Lunden for TechCrunch.
The Engine has announced that it plans to expand into a new location at 750 Main Street to better accommodate the early-stage tough-tech startups that the MIT subsidiary serves. “Renovations to create offices, labs, and fabrication space are scheduled to start at the end of the year; they are expected to open by early 2022,” reports John Chesto for The Boston Globe.
MIT alumna Payal Kadakia speaks with New York Times reporter David Gelles about her startup ClassPass, a platform that allows users to access a myriad of fitness classes. Kadakia explains that she was inspired to attend MIT, as “the curriculum is so mathematical. Everything is numbers. It was this idea of this world that I lived in.”
STAT reporter Kate Sheridan spotlights MIT startup Lyra Therapeutics, which is developing a long-acting treatment for chronic rhinosinusitis.
Boston Globe reporter Hiawatha Bray writes that MIT startup DUST Identity has developed a technique that uses diamond dust to identify counterfeit products. The diamond dust is sprayed onto a product to tag it, and “because the bits of diamond are distributed at random inside the material, no two tags will ever be the same,” Bray explains.
Fast Company reporter Katharine Schwab spotlights MIT startup Embr Labs, which has developed a wearable device that can help keep users cool. “Cooling individuals could be a lot cheaper and less wasteful than cooling entire buildings,” writes Schwab.
Optimus Ride, a startup founded by MIT alumni, will start a self-driving car shuttle service at an industrial park in New York City, reports the Associated Press. “The free service is expected to transport some 500 passengers daily on the yard’s internal roads,” the AP explains.
MIT startup Optimus Ride is launching a self-driving shuttle service at the Brooklyn Navy Yard, reports Andrew J. Hawkins for The Verge.
Forbes reporter Amy Feldman spotlights MIT startup Ginkgo Bioworks, which aims to “design, modify and manufacture organisms to make existing industrial processes cheaper and entirely new processes possible.” Feldman notes that the promise of synthetic biology is “not just a proliferation of new products, but also a reduction of the environmental harm that comes from our heavy reliance on petrochemicals.”
MIT Solve has launched an innovation fund aimed at attracting funding for social-impact ventures tackling global issues such as access to clean water, reports Eillie Anzilotti for Fast Company. “There’s an increase in focus on these issues in the U.S. and across the world, and there’s definitely increased movement on the political and investment spectrums,” explains Alex Amouyel, executive director of Solve.