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"The most important pathway is a healthy labor market that provides sufficient employment opportunities with good pay and benefits that are equally accessible to all people." - @ValerieRWilson speaking at the @FederalReserve's #CommDev2019
"We have to consider how these outcomes are affected by social structures, and how those inequities based on race and ethnicity then affect outcomes."
Emphasizing the importance of true full employment for miniorities and women to feel the benefits of a strong labor market, @ValerieRWilson said full employment also means higher wages and better living standards.
Policymakers, the Fed in particular, have de-emphasized full employment as a policy goal in recent decades at the expense of keeping inflation down, at the cost of millions of jobs. epi.org/publication/th… 
"Although educational attainment has increased, the majority of workers do not have a college degree. ... Clearly college is not the primary and not even the most widely accessible pathway to the middle class." - @ValerieRWilson at Fed #CommDev2019
"Even more challenging than the issue of unequal access to education, is the fact that a college degree does not necessarily deliver the same returns across ethnic groups."
Hispanics face their own set of challenges. epi.org/publication/th…
Wage gaps with white men persist for Hispanics and white women even after controlling for education and other factors known to affect pay.
