The final portion of the program, "Roundtable on Wage Stagnation: How Should We Address It?", included (left to right) Jay Shambaugh, the director of The Hamilton Project, Robert Greenstein, the founder and president of the Center on Budget and Policy Priorities, Heidi Shierholz, a senior economist and the director of policy at the Economic Policy Institute, and Jared Bernstein, a senior fellow at the Center on Budget and Policy Priorities.

 

Since the 1970s, the typical U.S. worker has experienced either a minimal or nonexistent increase in wages. What can and should be done to promote the economic growth that will lead to higher earnings for more American workers? How do we ensure that these gains are broadly shared, resulting in robust wage growth for as many workers as possible?

 

On September 26, The Hamilton Project at Brookings hosted a forum on wage growth in The United States. The forum began with introductory remarks by former U.S. Treasury Secretary Robert E. Rubin, and a fireside chat with Jason Furman, professor of practice, Harvard Kennedy School, and Lawrence Mishel, president, Economic Policy Institute. The fireside chat was moderated by Catherine Rampell, opinion writer, The Washington Post. A panel discussion will follow the fireside chat, featuring panelists including: Jared Bernstein, senior fellow, Center on Budget and Policy Priorities; Robert Greenstein, founder and president, Center on Budget and Policy Priorities; and Heidi Shierholz; senior economist and director of policy, Economic Policy Institute; the panel was moderated by Jay Shambaugh, director, The Hamilton Project.

 

In conjunction with this event, The Hamilton Project released a new framing paper exploring wage trends and the economic forces that underlie them.

 

Photo credit: Ralph Alswang