Middle- and working-class workers’ earnings in the US have been stagnating or sinking in recent decades, according to a study conducted by a group of researchers that included the University of Minnesota’s Fatih Guvenen, Ph.D., Curtis L. Carlson professor of economics in the College of Liberal Arts.
By pairing economics with a major in global studies and extracurriculars, senior Riley Runnoe graduated this May with the knowledge, skills, and experience to pursue his passion for development economics.
Stagnant or falling earnings have put a squeeze on working- and middle-class households. And today's workers shouldn’t expect to their wages catch up with their predecessors'. These are among the conclusions from a new working paper by economics professor Fatih Guvenen and his colleagues.
Undergraduate economics major Aravind Boddupalli arrived at the University of Minnesota with a passion for economic equality and empowerment. After four years of immersing himself in academic and extracurricular activities, he feels he has the knowledge, skills and experiences to launch a career tackling issues of inequality.
Not many people in town are willing to take on the Minnesota Vikings or 77,000 members of the teachers union, but Art Rolnick (PhD ’73) isn’t one to back down when the research is on his side by using economic research to improve public outcomes.
After working in the mortgage industry for several years, Corissa Marson’s interest in economics and research inspired her to enroll in the University of Minnesota. Majoring in economics and political science, Corissa sought out research experiences that taught her how to analyze data and apply it to real world challenges.
Hanna Worku is double majoring in French studies and economics and finds that the combination of the two subjects gives her the unique opportunity to learn about the world in its different facets. “Studying many topics gives you skills that you will not find elsewhere and stretches you to go beyond what you thought were your limits.”
Steffen Magnell (BA 1968- Economics) believes a successful entrepreneur may need people skills even more than business skills. Magnell's curiosity and passion for engagement help him organize people together to develop new ideas.