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This Wednesday, June 15, at 1 p.m. Japanese, be a part of Subsequent Metropolis’s Senior Economics Correspondent Oscar Perry Abello for the newest in his Backside Line Conversations webinar sequence. On this version, he’ll discuss with Michelle Holder, the outgoing president and CEO of the Washington Middle for Equitable Progress.
The economic system is on everybody’s minds proper now. When will inflation subside? Will sturdy labor markets proceed to spice up wages for Black staff and cut back the unemployment hole with white staff? How important is it — not simply symbolic — that for the primary time ever there are a number of Black members of the Federal Reserve Board of Governors?
Be part of us for a Backside Line dialog relating these questions and extra with Afro Latina Economist Michelle Holder, outgoing president and CEO of the Washington Middle for Equitable Progress. Holder has spent her profession learning racial and gender discrimination and inequality in labor markets. We’ll chat about Holder’s profession path, why economics continues to be a helpful lens — however not the one lens — by which to research the world. And what the media typically will get mistaken about economists and economics.
Subsequent Metropolis’s sequence “The Backside Line” explores scalable options for issues associated to affordability, inclusive financial development and entry to capital. The sequence is made potential with assist from Citi.
Host
Oscar Perry Abello is Subsequent Metropolis’s senior economics correspondent. He beforehand served as Subsequent Metropolis’s editor from 2018-2019, and was a Subsequent Metropolis Equitable Cities Fellow from 2015-2016. Since 2011, Abello has lined neighborhood improvement finance, neighborhood banking, impression investing, financial improvement, housing and extra for media shops comparable to Shelterforce, B Journal, Influence Alpha, and Quick Firm. Observe him on Twitter: @oscarthinks.
Company
Michelle Holder is the outgoing president and CEO of the Washington Middle for Equitable Progress. She joined Equitable Progress in September 2021. Holder is also an affiliate professor of economics at John Jay School, Metropolis College of New York, the place she is at the moment on tutorial go away. Her analysis focuses on the Black neighborhood and girls of coloration within the U.S. labor market. Named considered one of 19 Black economists to look at by Fortune magazine, Holder has authored two books, Afro-Latinos in the U.S. Economy, printed in Might 2021, and African American Men and the Labor Market during the Great Recession, printed in 2017.
Emblematic of her analysis focus is her March 2020 report, “The ‘Double Gap’ and the Bottom Line: African American Women’s Wage Gap and Corporate Profits.” Holder estimates this double gender-and-race wage hole prices Black ladies staff roughly $50 billion in involuntarily forfeited earnings — a big and recurring annual loss to the Black neighborhood.
Most lately, analysis co-authored by Holder was printed in March 2021 in Feminist Economics, titled “The Early Impact of COVID-19 on Job Losses Among Black Women in the U.S.” This analysis, co-authored with Janelle Jones and Thomas Masterson, attracts upon feminist economics and stratification economics theories to quantify the job losses Black ladies skilled throughout the early part of the pandemic. The examine finds that the 2 jobs most ceaselessly misplaced by Black ladies within the early months of the pandemic had been cashier positions within the resort and restaurant business, together with fast-food eating places, and little one care employee positions within the healthcare and social companies business. The analysis suggests Black ladies disproportionately misplaced these jobs due to their sturdy attachment to the U.S. workforce, their overrepresentation within the aforementioned industries, and girls’s general overrepresentation in low-wage occupations.
Holder additionally served as finance director at Dēmos from 1999 to 2006, as a part of the founding workers on the group. On the nonprofit advocacy group, she oversaw all points of its multimillion-dollar funds after creating its finance unit from the bottom up.
Holder earned a Ph.D. and an M.A. in economics from the New Faculty for Social Analysis, an M.P.A. from the College of Michigan, and a B.A. in economics from Fordham College. Born and raised in New York Metropolis, Holder has two daughters and brings her lived experience as a second-generation immigrant, first-generation faculty graduate, and dealing mom to her analysis, her coverage proposals, and her workplaces.
This webinar is to pay what you want to register. Pay any quantity that you prefer to or nothing in any respect. Those that turn out to be sustaining members of at the least $5 a month, or who make a one-time donation of at the least $20, might obtain “20 Greatest Options of 2021” — Subsequent Metropolis’s options of the 12 months journal. Your contribution towards this seminar can be used to search out much more superb company, cowl internet hosting charges and set up seminars comparable to this another ceaselessly. A video of the webinar can be made accessible to those that register.
This occasion is introduced in partnership with Citi.
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