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Infrastructure investment needed to drive good job growth

The Sunrise movement is protesting outside the White House on June 4, 2021 in Washington, calling for action on climate change and green jobs.

Evelyn Hoxtine | Reuters

The economic recovery from the pandemic is at a critical time. More than 9 million people are still looking for jobs, and job growth last month was well below expectations.

Meanwhile, companies claim they can’t fill their jobs. Experts and experts try to explain the paradox. Lack of Affordable Childcare; Unemployment Benefits and Stimulation Check Safety Nets reduce the need for wages from low-paying jobs.

However, the challenge of getting back to work can be a sign of a more serious problem. jobs, But not enough good jobs.

106 million workers without a four-year degree, especially those with the minimum wage, have low wages, do not offer employment security, and are advanced.

Without federal investment to drive the growth of good jobs, there is not enough work to unlock the potential of these workers.

Workers know they have the ability to do more, but they are still not hired for a better job because they do not have the traditional qualifications required by their employer. The labor market underestimates their abilities, even if they have not completely rejected them, simply because they lack the proper degree or work experience.

Federal investment in infrastructure and green technology can have a dramatic impact on creating and accelerating gateway jobs, and supporting workers to build skills and move to these roles as needed. There is sex.

This dynamics poses particularly serious challenges for women and black and Latino workers. As of February, more than 60% of the unemployed, who previously played low- and medium-wage roles, have not graduated from a four-year college and have about 5.8 million workers. Of this group, 45% are women and 36%, or about 2 million, are black and Latino. And there are still 1.8 million fewer women in the workforce than they were before the pandemic.

Released New research This shows that these workers have the skills needed for high-paying jobs, and access to these jobs is the key to bridging the equitable gap in the United States. But neither of these goals will be met unless the federal government invests in the infrastructure to create better jobs and the creation of green jobs, and the private sector is involved.

A survey of 29 million people across more than 800 professions shows that many workers in low-paying professions succeed in better jobs with higher skills and a changing digital economy.

In particular, we have identified 77 occupations (called “gateway” roles) that have proven to be a stepping stone to economic development that can generate meaningful participation in economic growth for these workers. ..

These gateways provide workers with the opportunity to apply skills honed in one type of job to high-paying jobs with similar skills in other areas of potential progress. We have found that many workers without a four-year degree have successfully transitioned from retail sales jobs to manufacturing production roles or customer support professionals.

Customer service personnel are particularly well suited for specific entry-level IT support roles. Many of these jobs are rooted in American infrastructure, from the transportation and warehousing sector to manufacturing and machine tool programmers, electrical repair, commercial and industrial equipment. The work of these gateways promises to reward the talents of millions of people.

According to our analysis, the current trajectory of the US economy could create nearly 500,000 jobs for these gateways next year. But that is far more than the 5.8 million jobs needed to help qualified workers, especially women, black and Latin workers who previously had low-paying jobs climb the economic ladder. Not as good as that.

This is where federal action is important. Federal investment in infrastructure and green technology can have a dramatic impact on creating and accelerating gateway jobs, and supporting workers to build skills and move to these roles as needed. There is sex.

Studies show that this type of investment can be a catalyst Almost 2.7 million jobs Next 10 years. Investing in infrastructure and green technology can generate many high-paying jobs in the short term, while supporting research, development and entrepreneurial ventures to grow these jobs in the long run.

After the Great Depression of 2009, it was unable to create upward mobility for workers without a four-year degree, especially women, blacks and Latin workers. We didn’t turn our investment into a good job for long-term success. For too many, the jobs available were low wages, few benefits and safety, and undermined America’s competitiveness while exacerbating racial and gender inequality. I can’t make that mistake again.

Zoe Baird is the President and Chief Executive Officer of the Markle Foundation, Mark Morial is the President and Chief Executive Officer of the National Urban League, and Brad Smith is the President of Microsoft.

https://www.cnbc.com/2021/06/10/op-ed-infrastructure-investment-needed-to-spur-growth-of-good-jobs.html Infrastructure investment needed to drive good job growth

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