Wanted: Better Jobs
The U.S. has a job quality problem. Even when unemployment is low, millions of Americans work at low-paying jobs that often offer limited opportunities for advancement.
But it doesn’t have to be that way. Decades of research at MIT and elsewhere indicate that some companies achieve good returns while providing better jobs for frontline workers than many of their competitors do. The key lies in how companies are managed, the choices their leaders make—and the pressures those leaders face from investors.
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Good jobs are essential for good lives. Our great challenge is not simply creating jobs but assuring that they are good and, by the same token, upgrading the quality of existing work. We have the tools to achieve these goals but need to come together and build the will to move forward."Read More