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SEP 11, 2020

Weekend reading: The economic and racial inequalities of college sports edition

Weekend reading: Why stable schedules matter edition

Abstract

This is a post we publish each Friday with links to articles that touch on economic inequality and growth. The first section is a round-up of what Equitable Growth published this week and the second is relevant and interesting articles we’re highlighting from elsewhere. We won’t be the first to share these articles, but we hope by taking a look back at the whole week, we can put them in context.

Equitable Growth round-up

The economics and economic inequalities of college sports, and college football in particular, have long been ignored, with both the physical and economic well-being of athletes often overlooked by universities and fans alike. But the coronavirus pandemic is raising questions about what the economic effects would be of deferring college sports by a year due to the out-of-control public health crisis. Kate Bahn looks at why two top college sports conferences have decided to suspend all activities until at least January 2021, while the other three top university-level leagues are forging ahead. The lost revenue from cancelling a season or a full year of college football will have a dramatic impact on the economies of college towns and the purses of universities across the United States. But, Bahn asserts, with the coronavirus and its corresponding disease, COVID-19, predominately affecting people of color—including students of color who are now the majority of college football athletes, even as coaches remain mostly White—the existing structural and economic inequalities facing Black and Latinx students and their families are being brought to the foreground, as is the longstanding call for student athletes to be recognized as a labor force, entitled to proper pay and workplace protections.

Every month, the U.S. Bureau of Labor Statistics releases data on hiring, firing, and other labor market flows from the Job Openings and Labor Turnover Survey, better known as JOLTS. The BLS recently released the latest data for July 2020. Raksha Kopparam and Kate Bahn put together four graphics highlighting key data from the release, including that workers are beginning to feel more confident about the labor market (reflected in an increasing rate of those who quit their jobs) and that job openings are continuing to yield fewer hires.

Catch up on Brad DeLong’s latest Worthy Reads, in which he provides his take on content from Equitable Growth and across the internet. This week’s articles include Equitable Growth’s August 2020 Jobs Day coverage, an in-depth look at one of our 2020 grant descriptions, and more.

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