Janelle Jones, the first black female chief economist in the Labor department, shares her experiences at the White House and the importance of race in economic conversations. She discusses the potential consequences of interest rate increases, the role of unions in addressing economic inequality, and gives advice to young black women aspiring to make a difference.
Read more
AI Summary
AI Chapters
Episode notes
auto_awesome
Podcast summary created with Snipd AI
Quick takeaways
The wage gap between black women and white men is a pressing economic issue that needs to be addressed through policy and unions.
Policy decisions during a recession should consider the potential negative impact on marginalized communities, highlighting the importance of unions in combating economic inequality.
Deep dives
Janelle Jones: From Chief Economist at the US Labor Department to Advocate for Unions and Economic Equality
Janelle Jones, the first black woman to serve as Chief Economist at the US Labor Department, discusses her journey and the importance of race and gender in economic policy. Growing up in Ohio, she witnessed her mother's transition from a fast-food worker to a union worker, which shaped her understanding of the economy. Jones emphasizes the need to address the wage gap, particularly for black women who are paid 36% less than white men and 12% less than white women on average in the US. She also highlights the significance of unions in reducing economic disparities and advocates for unions for all workers. Jones emphasizes the importance of centering marginalized communities in policy-making to uplift everyone.
The Impact of Recessions and Policy Decisions on Marginalized Workers
Janelle Jones discusses the potential consequences of policy decisions such as increasing interest rates and cutting costs during a recession. She points out that historically, marginalized communities, particularly black and brown individuals, are the first to lose their jobs and take longer to recover. Jones highlights the importance of unions as an effective solution to combat economic inequality, emphasizing that unions can close the wage gap between women of color and white men, as well as other disparities. She expresses hope for a future where the wage gap is closed and encourages young black women to pursue their passions in making a difference in the world.
Advice for Young Black Women Seeking to Make a Difference
Janelle Jones offers advice for young black women aspiring to create change and enter the field of economics and policy. She encourages them to identify their passions and find ways to connect their work to a broader purpose outside of a typical job. Jones emphasizes the presence of various avenues within the movement for change, such as communication, art, activism, organizing, policymaking, and political representation. She highlights the need for more individuals to join the efforts and make a difference in addressing economic inequalities.
Janelle Jones is currently the chief economist of one of the biggest union movements in America and before that she worked in White House. Janelle was the first black woman to serve as chief economist in the Labor department. She tells us about her time there, how she got into economics and what keeps her grounded.
Presenter: Devina Gupta
Production: Sam Clack and Carmel O'Grady
Image:
Get the Snipd podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share & Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode