The Columbus regional economy is strong and growing quickly, but racial inequities in the workforce threaten the region’s future prosperity. This report, produced in partnership with Emsi Burning Glass, One Columbus, and the Workforce Innovation Center, provides a comprehensive analysis of long-standing racial gaps in labor market outcomes, the economic impacts of Covid-19, and the racial equity implications of automation. Our in-depth analysis of disaggregated equity indicators and labor market dynamics found that only 42 percent of the region’s workers are in future-ready jobs, that Black workers with an associate’s degree earn on average the same wages as white workers with just a high school diploma, and that eliminating racial inequities in income could boost the Columbus regional economy by about $10 billion a year. The report concludes with actionable solutions to advance workforce equity across the region, informed by the data and shaped by local leaders. Download the report.
Media: Racial Inequities Cost Columbus Economy $10 Billion a Year, Report Finds (The Columbus Dispatch)