Michelle Holder

Last updated
Michelle Holder
Michelle 068.jpg
Born
Academic career
Field Labor Economics
Institution John Jay College of Criminal Justice
Alma mater Fordham University (BA)
University of Michigan (MPA)
The New School (MA, PhD)
Website www.jjay.cuny.edu/faculty/michelle-holder

Michelle Holder is an American economist who is an Associate Professor of Economics at John Jay College of Criminal Justice in the City University of New York. [1] Her research focuses on the position of Black workers and women of color in the American labor market, including wage gaps based on race and gender as well as unemployment rate differences by race and gender. [2] [3] [4] [5] In June 2021, she was named president and CEO of The Washington Center for Equitable Growth. [6] Holder stepped down in 2022 from the presidency and transitioned into the role of distinguished senior fellow with the organization through 2023.

Contents

Early life and education

Holder was born and raised in New York City. She earned her bachelor's degree in economics from Fordham University, her master's degree in Public Administration from the University of Michigan's Gerald R. Ford School of Public Policy, and M.A. and PhD in economics from The New School for Social Research, [1] where she was one of several student-employee protégés of New School and later State of California administrator M. Elizabeth Ware.

Career

Holder served as a senior labor market analyst for the Community Service Society of New York, a research associate for The New School for Social Research, the finance director for Dēmos, and an economist for Office of the State Deputy Comptroller for New York City. [7]

Holder has testified before the U.S. congress several times, on topics ranging from the care economy, the racial and gender wage gap, manufacturing and green energy, and the strength of the economic recovery in the wake of the pandemic. [8] [9] [10] She has also testified several times before the New York City Council, and she has published numerous economic policy reports. In March 2020 Holder authored "The ‘Double Gap’ and the Bottom Line: African American Women's Wage Gap and Corporate Profits." [11]

In March 2021 Holder published a research article in Feminist Economics, titled "The Early Impact of COVID-19 on Job Losses Among Black Women in the U.S." [12]

Holder has been featured in The New York Times, The Washington Post, The Atlantic, The New Yorker, The Financial Times, Fortune, Vox, MSNBC, NPR, PBS, El Diario, The New York Amsterdam News, The Wall Street Journal, Politico, TheGrio, USA Today, Al Jazeera English, The Guardian, MarketWatch, Bloomberg, and CNN. On April 5, 2022, Holder was quoted in the New York Times article "The U.S. Economy Is Booming. So Why Are Economists Worrying About a Recession?" [13] On January 13, 2022, Holder was quoted in the Marketplace article "Why the economic recovery looks different for women of color.” [14] In 2020, Fortune magazine named her one of 19 Black economists to watch. [15]

Holder's op-ed "Build Back Better is in limbo — without its social programs, the economy will be, too," was published in The Hill, where she discussed the importance of government spending in social infrastructure. [16]

She currently is an advisory committee member for the Institute for Women's Policy Research, and is an advisory board member for the Better Life Lab of New America. [17] [18] In 2021, Holder joined the Feminist Economics journal's editorial board, and as of 2023, she is a Partnership Scholar with the Urban Institute's One Million Black Women Research Project. [19]

Selected works

Related Research Articles

<span class="mw-page-title-main">Feminist economics</span> Gender-aware branch of economics

Feminist economics is the critical study of economics and economies, with a focus on gender-aware and inclusive economic inquiry and policy analysis. Feminist economic researchers include academics, activists, policy theorists, and practitioners. Much feminist economic research focuses on topics that have been neglected in the field, such as care work, intimate partner violence, or on economic theories which could be improved through better incorporation of gendered effects and interactions, such as between paid and unpaid sectors of economies. Other feminist scholars have engaged in new forms of data collection and measurement such as the Gender Empowerment Measure (GEM), and more gender-aware theories such as the capabilities approach. Feminist economics is oriented towards the goal of "enhancing the well-being of children, women, and men in local, national, and transnational communities."

<span class="mw-page-title-main">Council of Economic Advisers</span> U.S. presidential advisory committee on economic policy

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<span class="mw-page-title-main">Discouraged worker</span> Person of legal employment age who is not actively seeking employment

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<span class="mw-page-title-main">Heather Boushey</span> American economist (born 1970)

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<span class="mw-page-title-main">Unemployment in the United States</span> Explanation of unemployment in the United States, presently and historically

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<span class="mw-page-title-main">Care work</span> Type of employment based on affection rather than immediate pecuniary reward

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<span class="mw-page-title-main">Gender pay gap</span> Average difference in remuneration amounts between men and women

The gender pay gap or gender wage gap is the average difference between the remuneration for men and women who are employed. Women are generally found to be paid less than men. There are two distinct measurements of the pay gap: non-adjusted versus adjusted pay gap. The latter typically takes into account differences in hours worked, occupations chosen, education and job experience. In other words, the adjusted values represent how much women and men make for the same work, while the non-adjusted values represent how much the average man and woman make in total. In the United States, for example, the non-adjusted average woman's annual salary is 79–83% of the average man's salary, compared to 95–99% for the adjusted average salary. The reasons for the gap link to legal, social and economic factors. These include having children, parental leave, gender discrimination and gender norms. Additionally, the consequences of the gender pay gap surpass individual grievances, leading to reduced economic output, lower pensions for women, and fewer learning opportunities.

<span class="mw-page-title-main">International Association for Feminist Economics</span>

The International Association for Feminist Economics (IAFFE) is a non-profit international association dedicated to raising awareness and inquiry of feminist economics. It has some eight hundred members in over 90 countries. The association publishes a quarterly journal entitled Feminist Economics.

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Yana van der Meulen Rodgers is a professor in the Department of Labor Studies and Employment Relations in the School of Management and Labor Relations at Rutgers University,. She also works regularly as a consultant for the Asian Development Bank, the World Bank, and the United Nations. She has authored numerous journal articles in economics and has written two books. From 2018 to 2024 she served as Faculty Director of the Center for Women and Work at Rutgers, and she was the president of the International Association for Feminist Economics (IAFFE) from 2013 to 2014.

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References

  1. 1 2 "Michelle Holder". John Jay College of Criminal Justice. 2015-05-08. Retrieved 2021-06-24.
  2. "America's Race and Gender Problem in the Workplace". John Jay Impact 2020. Retrieved 2021-06-24.
  3. "How Gender and Racial Discrimination Lead to a Double Wage Gap for African American Women - Higher Education". 26 May 2020. Retrieved 2021-06-24.
  4. "Why centering Black women in the economy could benefit everyone". Marketplace. 2020-09-01. Retrieved 2021-06-24.
  5. "Before COVID-19, Corporate America Shortchanged Black Women $50 Billion Annually: Why All Women Should Care - Ms. Magazine". msmagazine.com. 7 April 2020. Retrieved 2021-06-24.
  6. "Equitable Growth names economist Michelle Holder as new CEO". Equitable Growth. Retrieved 2021-06-24.
  7. Holder, Michelle (December 2010). "Unemployment in New York City During the Recession and Early Recovery: Young Black Men Hit the Hardest". Community Service Society.
  8. "Growing our Economy by Investing in Families: How Supporting Family Caregiving Expands Economic Opportunity and Benefits All Americans". Congress. 2021-12-08. Retrieved 2022-04-26.
  9. "The Gender Wage Gap: Breaking Through Stalled Progress". Joint Economic Committee. 2021-06-09. Retrieved 2022-04-26.
  10. "Building on a Strong Foundation: Investments Today for a More Competitive Tomorrow". Joint Economic Committee. Retrieved 2022-04-28.
  11. Holder, Michelle (2020-03-31). "The "Double Gap" and the Bottom Line: African American Women's Wage Gap and Corporate Profits". Roosevelt Institute. Retrieved 2022-04-26.
  12. "The Early Impact of COVID-19 on Job Losses among Black Women in the United States". Feminist Economics. July 2020.
  13. Casselman, Ben (2022-04-05). "The U.S. Economy Is Booming. So Why Are Economists Worrying About a Recession?". The New York Times. Retrieved 2022-04-27.
  14. Ryssdal, Kai; Hollenhorst, Maria (2022-01-13). "Why the economic recovery looks different for women of color". Marketplace. Retrieved 2022-04-27.
  15. Traore, Fanta (2020-06-19). "19 Black economists to celebrate and know, this Juneteenth and beyond". Fortune. Retrieved 2022-04-27.
  16. Holder, Michelle (2022-03-17). "Build Back Better is in limbo — without its social programs, the economy will be, too". The Hill. Retrieved 2022-04-26.
  17. "Leadership". Institute for Women’s Policy. 2022-04-26. Retrieved 2022-04-26.
  18. "Better Life Lab". New America. 2022-04-26. Retrieved 2022-04-26.
  19. Holder, Michelle. "Cohort II Scholars | Urban Institute". Urban Institute. Retrieved 13 August 2023.