After federal sequestration caused a blow to the region’s economy a few years ago, there are signs of progress in the area as economic sources of growth diversify. A new report from the Metropolitan Policy Program at the Brookings Institution, however, raises awareness that the growth may not be reaching everyone. (WaPo, 1/28)
There are signs that the region is emerging from that slowdown, which one local economist calls a “dark period” for jobs and wages, perhaps with a more diversified economy less dependent on government dollars. But the authors of the new report warn that Washington’s economy risks further leaving behind racial minorities and the poor in the years to come.
Related: Recently, The Roadmap for the Washington Region’s Future Economy was released to provide recommendations for ways in which the region can reposition itself in order to maximize its potential and remain competitive in the global economy. WRAG president Tamara Lucas Copeland also expanded on the ways in which philanthropy in the region might respond and collaborate with other sectors in order to meet the challenges facing our communities. (WBJ 1/14 and Daily 1/15)
– 2015 was seen as a big year for job growth in the region according to economists. The region is said to have had job growth that outpaced the national rate. (WaPo, 1/26)
– A New Way to Rank Economic Growth in America’s Metros (City Lab, 1/28)
EDUCATION | Spending in nation’s schools falls again, with wide variation across states (WaPo, 1/27)
PHILANTHROPY | Exponent Philanthropy, the Fund for Shared Insight, and the Chronicle of Philanthropy present a video series called Philanthropy Lessons in which funders share their experiences and what they’ve learned in their philanthropic careers. Check out the first two videos in the series and stay tuned for more through June.
HEALTH | While a person’s lifestyle is a major contributor to how healthy they will be, studies confirm that socioeconomic factors are also a big part of one’s health outcomes. Those disparities become even more apparent as inequality reaches peak levels. (BSR, 1/27)
– The Community Foundation for Northern Virginia is hiring for a Manager of Grants and Scholarships.
– Independent Sector is hiring an Associate of Programs and Practice for their Programs and Practice department.
– Funders Concerned About AIDS is hiring a Program Associate.
– The Walton Family Foundation is hiring for several roles.
Barbie is about to get a little more realistic.