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The tax code provides subsidies for employers to hire ex-felons, to promote employment among low-income workers, and to encourage economic opportunity in distressed areas. These incentives are motivated to different degrees by a belief that economic opportunity facilitates successful reintegration of ex-felons and deters entry into crime. In this paper, we offer a more comprehensive […]

Black labor-force participation—meaning the number of people working or looking for work—is trending up, while broader participation in the U.S., particularly among whites, has flattened after falling. Participation by race is now near a crossroad. The share of black Americans actively working or looking for work was 62.9% in February, while the corresponding white rate […]