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Author(s):Rose, S., and Winship, S
Title:Ups and downs: Does the American economy still promote upward mobility?
Organization:Economic Mobility Project
Short Description:Focusing on the household incomes of working-age adults (those aged 26 through 59), the report assesses how income gains, drops, and recovery have varied from 1967 through 2004. The analyses include both short-term and longer-term fluctuations in income, examining how many people are able to recover from income declines, how long their recovery takes, and differences across demographic groups in both.
Annotation:Focusing on the household incomes of working-age adults (those aged 26 through 59), the report assesses how income gains, drops, and recovery have varied from 1967 through 2004. The analyses include both short-term and longer-term fluctuations in income, examining how many people are able to recover from income declines, how long their recovery takes, and differences across demographic groups in both. The findings indicate that the American economy promotes upward mobility over two- and ten-year periods just as well as it has in the past. Americans are no more likely to experience income drops than they have been in the past, and they recover from those drops at similar rates. Nevertheless, for many Americans—today as before—an income drop is a significant and permanent financial setback, and the current recession—like previous ones—will prove to be an unfortunate turning point for millions of families.
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Associated Keywords:
Employment and Workforce Development
National Perspectives
Social and Economic Benefits of College/Economic Development

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Does extending foster care beyond age 18 promote postsecondary educational attainment?
Employer-paid tuition advancement for low-income workers
2011 Kids count data book: State profiles of child well-being:
Optimism, college major, and post-secondary dropout
Achieving ambitious goals: Case studies of scaling up programs for advancing low-skilled adults
Leaving no worker behind: Community colleges retrain the Michigan workforce-and themselves
Subprime opportunity: The unfulfilled promsie of for-profit colleges and universities
A framework for advancing career and technical education: Recommendations for the reauthorization of the Carl D. Perkins Act
The future of the US workforce: A survey of hiring practices across industries
Innovation in higher education: Public opinion survey results
2012: Closing the expectations gap: 50-state progress report on the alignment of K-12 policies and practice with the demands of college and careers
Does race matter in educational diversity? A legal and empirical analysis
Denied? The impact of student debt on the ability to buy a house
The role of student learning outcomes for institutional accountability and transparency
Evaluating student outcomes at for-profit colleges
Solutions for America: Recommendations for the President and Congress from: Taking action for America: A CEO plan for jobs and economic growth
Close, but no degree: Removing barriers to degree-completion and economic advancement in New Jersey
The causes and consequences of attending historically black colleges and universities
What is "career ready"?
Digest of Education Statistics 2011
The effect of housing wealth on college choice: Evidence from the housing boom