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Movin’ On Up: Reforming America’s Social Contract to Provide a Bridge to the Middle Class

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Author Info
Shawn Fremstad
Rebecca Ray
Liz Chimienti
John Schmitt

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Abstract

This research brief summarizes recent findings by the Center for Economic and Policy Research on job quality and workers' economic security. Using a rigorous methodology that improves on other more standard measures of economic security, we find that one in five Americans in working families have income below a minimum middle-class budget standard for the area in which they live. The authors argue this is the result of a frayed social contract that must be updated so that more workers can move into the middle class. The report concludes with proposals that would strengthen labor market institutions, expand work supports for families in the middle and working classes, and provide workers, particularly those in low- and moderate-wage jobs, with more opportunities to improve their skills and education throughout their lifetimes.

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File URL: http://www.cepr.net/documents/publications/btg_2008_02.pdf
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Publisher Info
Paper provided by Center for Economic and Policy Research (CEPR) in its series CEPR Reports and Issue Briefs with number 2008-05.

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Length: 16 pages
Date of creation: Feb 2008
Date of revision:
Handle: RePEc:epo:papers:2008-05

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Related research
Keywords: economic security; workers;

Find related papers by JEL classification:
J - Labor and Demographic Economics
J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
J08 - Labor and Demographic Economics - - General - - - Labor Economics Policies
J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
J88 - Labor and Demographic Economics - - Labor Standards - - - Public Policy
J83 - Labor and Demographic Economics - - Labor Standards - - - Workers' Rights
J68 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Public Policy

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This page was last updated on 2009-11-14.

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