Inclusive Economic Development Taskforce: Addressing the Intersection of Jobs, Skills, and Pay in Developing a City’s Economy Equitably
While many urban economies in the United States and EU are showing signs of economic recovery from the financial crisis of 2007–2008, and on average unemployment has declined precipitously in the United States and slowly but steadily in the EU, nonetheless, beneath such ostensible improvements there are still growing tensions and anxieties that critically affect the economies and societies in transatlantic cities. Specifically, we know that parallel to growth, wages at the bottom end of the income distribution have stagnated in the U.S. and the U.K.
In 2018, GMF elected to focus on the theme of Ideas to Action by supporting projects and follow-up activities generated by BUILD participants from all four years. The initiative includes specific GMF-led workshops and collaborations with BUILD partners; in addition, we selected individual projects through a competitive “Call for Collaboration” that solicited proposals for mini-grants, technical assistance, and access to GMF experts to implement ideas in local communities that were generated as a result of BUILD 2014–2017. See a summary of activity by BUILD theme and year of inspiration: