While Southern California's Inland Empire has experienced above-average job growth and increased high-tech output for the better part of a decade, employment in high-tech industries has fallen over the same period. Fewer workers are reaping the benefits of innovation economies, and wage gains have been slow and uneven. And while there are overall low wages in the region, residents of the Inland Empire face a high cost of living.
The pandemic’s waves of economic shutdowns have only exacerbated these disparities. While many service and frontline workers have lost employment or experienced a reduction in hours, professional and knowledge-based workers have emerged relatively unscathed, and some even prospered during the pandemic. These circumstances clarify the need to rethink the policies that we use to support investment in job creation and higher wages.
This paper will outline a new dynamic model of economic development and governance to make up for decades of deferred maintenance, lack of capital improvement, and community disinvestment. This model should serve as a bridge among local, state, and regional entities, in coordination with the private sector, in establishing a more dynamic investable communities’ framework.
Even before the onset of the COVID-19 pandemic, the United States was confronted with a number of significant policy concerns. Today, working together to solve those challenges is more imperative than ever. The Milken Institute is committed...
The Milken Institute Center for Strategic Philanthropy and the Ann Theodore Foundation have released a new request for proposals (RFP) focused on understanding the underlying biology of sarcoidosis. Applications are open through January 20...
Countries undergoing population aging today are facing a much different experience than their historical counterparts. One only needs to look at the countries in Asia to see how these trends are unfolding. Demographic aging is happening...
The 26th annual Milken Institute Global Conference convened the best minds in the world to tackle its most urgent challenges and realize its most exciting opportunities. Throughout the four-day event, our health teams curated nearly three...
Technical Update Dementia presents a pernicious gender-based health disparity in the United States, inflicting a disproportionate burden on women as both patients and caregivers. Given the rapid increase in the population of older Americans...
Nationwide protests in the summer of 2020 sparked many of the largest US corporations to pledge more than $200 billion to advance racial equity and confront the nation’s history of systemic racism. Nonprofits, government agencies, and...
The Ann Theodore Foundation Breakthrough Sarcoidosis Initiative (ATF-BSI) is now accepting applications for two-year research projects that seek to increase our foundational understanding of sarcoidosis through projects focused on the...
The Financial Innovations Labs® and FasterCures teams have collaborated on a project to identify new models for financing the antimicrobial resistant antibiotic pipeline. These past 18 months have demonstrated how consequential public...