A study co-authored by MIT researchers finds that the Paycheck Protection Program saved between 1.5 and 3.5 million jobs, reports David Leonhardt for The New York Times. “The study adds to the mounting evidence about one kind of economic stimulus that seems to have worked especially well during the pandemic: direct subsidies to businesses, to keep people employed.”
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."
Writing for The Boston Globe, Prof. Amy Glasmeier, graduate student Zach Avre and Thomas Goff of Mass Economics argue for extending unemployment benefits and raising the federal minimum wage. “The quickest way to make all Americans sleep easier at night — and be willing to go back to work and help the economy recover — is by providing a living wage to get by in the era of COVID-19,” they write.
Writing for The Boston Globe, Prof. Thomas Kochan and senior lecturer Barbara Dyer address how to tackle growing income inequality in the U.S. “If we are serious about reducing inequality in our country, it’s time to rethink and rework the fundamental framework of US labor law to support the next generation’s labor movement,” they write.
A study by MIT researchers examines the historical impact of technology on the labor market in an attempt to better understand the potential effect of AI systems, reports Adi Gaskell for Forbes. “The authors propose a number of solutions for improving data on the skills required in the workforce today, and from that the potential for AI to automate or augment those skills,” Gaskell explains.
Axios reporter Steve LeVine highlights several new studies co-authored by Prof. Daron Acemoglu that examine the negative impacts of automation on the labor market. “So far, we've used our know-how singularly automating at the expense of labor,” says Acemoglu. “If we keep on doing that, we will keep on destroying more jobs without job gains. It's completely our decision."
The Economist spotlights the work of Prof. David Autor and the influence of his research examining how labor markets respond to disruption. The Economist notes that Autor’s research “is enormously influential, in large part because of his groundbreaking work on the effects on American workers of China’s extraordinary rise.”
Axios reporter Steve LeVine highlights how MIT is offering a new edX course focused on the future of work. The course will “track technological history going back to the 19th century, income inequality, labor groups, automation, German manufacturing and more,” LeVine explains.
John Oliver, host of Last Week Tonight with John Oliver, highlights Prof. David Autor’s research in a show on the impacts of automation.
Financial Times reporter Andrew Hill spotlights Prof. Zeynep Ton’s Good Jobs Institute, which aims to help companies create good jobs, particularly for service and retail workers. Hill notes that one of Ton’s principles is, “scheduling ‘slack’ into the system so that staff can come up with new ideas and innovations.”
New York Times reporter Steve Lohr writes about the MIT AI Policy Conference, which examined how society, industry and governments should manage the policy questions surrounding the evolution of AI technologies. “If you want people to trust this stuff, government has to play a role,” says CSAIL principal research scientist Daniel Weitzner.