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Journal Article
Spotlight on Research: Factors That Sustain Metropolitan Growth
Smith, Marvin M.
(2016-10)
The factors that underlie economic growth in metropolitan regions have been the subject of an increasing number of research efforts. Earlier research focused on the pace of growth. More recent investigations have been concerned with the resilience or capacity of regions to sustain growth paths, even in the face of external shocks. Chris Benner and Manuel Pastor add to the latter body of research by examining the growth spells among the 184 largest regions in the U.S. from 1990 to 2011.1 The authors are particularly interested in the role played by social equity. The following is a summary of ...
Cascade
, Volume 4
Journal Article
Capital for Communities: Financing Human Capital Through Income Share Agreements
Baldini, Noelle
(2016-07)
Outstanding federal student loan balances in the U.S. exceed $1.2 trillion, and many believe rising student loan delinquencies represent an emerging crisis for students and the broader economy. Income share agreements (ISAs) have been identified as a new potential source for financing higher education, making important investments in human capital improvements while limiting some of the debt burden placed on students. This article will explore why some believe that alternatives to traditional student loans are needed and will also examine the promising solutions ISAs could bring to students ...
Cascade
, Volume 3
Journal Article
CDFIs: What’s in a Name?
Pinsky, Mark
(2013-10)
The Community Development Financial Institutions (CDFI) Fund in the U.S. Department of the Treasury has certified more than 1,000 organizations as CDFIs in accordance with the Riegle-Neal Interstate Banking and Branching Act of 1994.1 This year, the CDFI Fund will determine which of these CDFIs it will recertify. Although this work is extremely timely, it is also time-consuming.
Cascade
, Volume 2
Journal Article
Addressing Bias and Equity in Hiring
Putnam, Ashley
(2018-04)
While unemployment is decreasing and the economy is improving, not all people are benefiting equally from economic growth, a problem something multiple fields are trying to address. In workforce development, most proposed solutions focus on supply-side interventions. Indeed, surveys of businesses demonstrate that many employers are facing a skills gap when looking for qualified talent. Even with increased digital skills, improved training programs, and more employer engagement in developing a curriculum, however, a major barrier to job seekers still remains the same: will they be hired
Cascade
, Volume 1
Journal Article
Building Opportunities and Skills for a Growing Digital Workforce
Diavua, Sydney
(2016-01)
Information Technology (IT) is a sector with a high demand for skilled workers to fill jobs in U.S., regional, and local economies, according to the Bureau of Labor Statistics. Although most of the employment opportunities in this sector have been advanced-skills jobs in start-ups, software and application development, and wearable technologies, there are many IT opportunities that do not fall into these categories. The need for skilled IT employees has increased across many industries. Recent initiatives and reports recognize these opportunities as a means to move entry-level workers into ...
Cascade
, Volume 1
Journal Article
Workforce Development: Engaging Employers
Rolland, Keith
(2016-01)
Leaders of a community college, the YouthBuild charter school, and a public career and technical institute speaking on a Reinventing Our Communities conference panel addressed the need to forge stronger connections between high school and postsecondary education or employment, especially for ?opportunity youth? who are neither employed nor in school
Cascade
, Volume 4
Journal Article
Urban Education: Models That Work
Smith, Marvin M.
(2012-10)
A good education is a prerequisite for many employment opportunities today. In a weak economy when relatively few new jobs become available, the need for educational preparation becomes even more paramount. In low-income communities where the quality of many schools is dubious, the employment prospects of the attendees are grim. There is an ongoing debate about how to improve schools in these communities in order to enhance education levels and improve job readiness. While the merits of charter schools and the role of vocational-technical schools are being debated, there are some school ...
Cascade
, Volume 3
Journal Article
Investing to Create Good Jobs
Rolland, Keith; Baldini, Noelle
(2015-10)
A growing number of foundation, nonprofit, and for-profit investors are making investments for measurable social and environmental impact as well as financial return. The ?impact investing? field includes a few investors that are investing in businesses specifically to create jobs for unemployed and underemployed residents. These investors also provide ongoing assistance to owners of the businesses to create ?good quality jobs,? which generally provide income above the minimum wage, health benefits, and training and opportunities for workers to move into positions with higher wages. Three ...
Cascade
, Volume 4
Journal Article
The Reinvestment Fund at 30: Insights and New Directions
Wardrip, Keith
(2015-10)
Thirty years ago, a small group of community developers, activists, and business people formed a community loan fund in Philadelphia called the Delaware Valley Community Reinvestment Fund. In 1999, the organization was renamed The Reinvestment Fund (TRF). TRF is certified as a community development financial institution (CDFI) by the U.S. Department of the Treasury?s CDFI Fund. Since 1985, TRF has made $1.5 billion in loans and investments and has financed housing, community facilities, supermarkets, commercial real estate, and energy-efficiency projects. The CDFI has been a leader in ...
Cascade
, Volume 4
Journal Article
The Role of Equitable Transit-Oriented Development in Promoting Economic Opportunity
Barkley, Brett
(2017-10)
Debate still exists in economics and other fields as to the impact of transit accessibility on finding and maintaining a good-paying job. This article provides an overview of equitable transit-oriented development (TOD), its effects on economic outcomes for low-skilled workers, and a brief discussion of policy solutions for practitioners to consider.
Cascade
, Volume 3
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