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It estimates 2.84 million working-age adults lack a four-year degree or higher and links these challenges to a bifurcated, pandemic-accelerated labor market needing policy and employer reforms.",{"@graph":14,"@context":73},[15,34,56],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/document/","Document",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/document/research-report/","Research & 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\nIncreasing the number of New Yorkers with a college credential will be key to creating a more inclusive economy in New York, concludes this new analysis, which reveals striking racial and ethnic disparities in college attainments rates across NYC.  \nby Charles Shaviro, Eli Dvorkin, Jonathan Bowles, and Laird Gallagher  \nAn inclusive and equitable economic recovery in New York will require major new investments in job training, apprenticeships, digital literacy programs, and other skills-building initiatives that help lower-income New Yorkers access good jobs. The city’s employers should also rise to this challenge, making fundamental changes in how they recruit, hire, train, and promote employees, and shifting toward practices that value skills alongside educational credentials. But it will also require policymakers to make a bold commitment to help more New Yorkers achieve a college credential.  \nWhile New York City is home to an almost unparalleled concentration of highly educated people, this report finds glaring and persistent educational attainment gaps by race, ethnicity, and geography. Just 20 percent of Hispanic New Yorkers, 27 percent of Black New Yorkers, and 45 percent of Asian New Yorkers hold a bachelor’s degree, compared to 64 percent of white New Yorkers. In 39 of the city’s 55 Census-defined neighborhoods, fewer than one-quarter of working-age Hispanic residents hold a bachelor’s degree—and in 14 neighborhoods, the rate is under 15 percent. In 29 neighborhoods, fewer than 30 percent of Black residents hold a bachelor’s degree.  \nAn analysis of Census data on college attainment rates across the five boroughs shows a city sharply divided by educational credentials. For instance, while 87 percent of working-age residents in Greenwich Village and 86 percent of those living on the Upper East Side hold at least a bachelor’s degree, the rate is just 15 percent in East New York, 13 percent in Mount Hope, and 12 percent in Hunts Point. In one-third of the city’s Census-defined neighborhoods—18 out of 55—fewer than 30 percent of residents hold at least a bachelor’s degree. In eight neighborhoods, fewer than 18 percent of residents do.  \nOverall, 2.84 million working-age adults across the five boroughs do not have a four-year degree or higher. This includes nearly a million working-age New Yorkers in both Brooklyn (867,129) and Queens (862,209), and roughly 600,000 in the  \nBronx (596,462) . In every borough but Manhattan, the number of working-age adults with a high school diploma or less outnumbers those with a bachelor’s degree.  \nFor New York to succeed in rebuilding a more equitable economy, city and state policymakers—working with employers and philanthropy—will need to prioritize closing gaps in college attainment and helping far more New Yorkers get on the path to a credential. This is especially the case given the city’s increasingly bifurcated economy, which over the past decade produced a large number of low-wage jobs that were accessible to individuals without a college credential and a smaller number of higher-wage jobs that mainly went to those with at least a bachelor’s degree. These trends have only accelerated during the pandemic-induced economic crisis, which has disproportionately impacted workers without a college credential and industries with large numbers of accessible jobs. The challenges are compounded by the likelihood of a slow recovery for New York’s tourism economy, which supports a higher share of jobs that are accessible without a college degree than any other sector, the acceleration of automation across a broad cross-section of the city’s industries and occupations—such as food service, logistics, construction, and bookkeeping—and deepening problems for brick-and-mortar retailers even as e-commerce booms.  \nTo be sure, New York has made progress in boosting college attainment. Over the past decade, co","cbCairZOVMau7Wfb","https://ap.wps.com/l/cbCairZOVMau7Wfb","pdf",1560612,22,"English","# Building an Inclusive Economy in NYC: Boosting College Attainment\n## College credential gaps and disparities across NYC\n## Economic recovery needs investments and policy change\n## Progress and remaining inequities in degree attainment","[{\"question\":\"What does the report identify as the central driver for building a more inclusive economy in NYC?\",\"answer\":\"Increasing the number of New Yorkers with a college credential is presented as key, alongside investments in skills-building initiatives and policy commitments to expand access.\"},{\"question\":\"How large are the bachelor’s degree attainment gaps across racial and ethnic groups?\",\"answer\":\"The report cites 20% of Hispanic, 27% of Black, and 45% of Asian New Yorkers holding a bachelor’s degree, compared with 64% of white New Yorkers.\"},{\"question\":\"How many working-age adults lack a four-year degree or higher in NYC?\",\"answer\":\"The analysis estimates 2.84 million working-age adults across the five boroughs do not have a four-year degree or higher.\"}]","Building an Inclusive Economy in NYC - Boosting College Attainment | PDF",1792044065,55]