News

Published:

October 13, 2016
 
Tagged: Robert B. Willumstad School of Business, Adelphi University

Why Long Island Is Losing Its Middle Class

News, In The News


 

In a recent front-page story, Newsday covered a hard-hitting report released by the Long Island Association (LIA), the region’s largest business group, which details the region’s shrinking middle class and the rise of income inequality.

Newsday invited Michael Driscoll M.B.A. ’89, Ed.D., clinical assistant professor and senior executive in residence at Adelphi University’s Robert B. Willumstad School of Business, to comment on the trend.

“Long Island is becoming an area of affluence and one of poverty . . . the haves are getting bigger, and those that are struggling are getting bigger, and those in the middle are shrinking” Dr. Driscoll told Newsday.

Dr. Driscoll and others pointed to the closures of military contractors and the loss of well-paying union jobs that don’t require college degrees as drivers of the trend.

Read the Newsday article.

 
Tagged: Robert B. Willumstad School of Business, Adelphi University