Ludwig Cancer Research

Global Leaders in Cancer Research and Biotech Join The Mark Foundation for Cancer Research's Scientific Advisory and Industry Advisory Committees

Retrieved on: 
Tuesday, April 2, 2024

NEW YORK, April 2, 2024 /PRNewswire/ -- The Mark Foundation for Cancer Research, a leading nonprofit dedicated to advancing research that transforms the prevention, diagnosis, and treatment of cancer, proudly announces the appointment of new members to its Scientific Advisory and Industry Advisory Committees.

Key Points: 
  • The committee assists the foundation in reviewing its scientific goals and grant applications, as well as providing strategic advice and support for its research programs and investments.
  • "The outstanding researchers on our advisory committees provide invaluable guidance and insight to help steer its programs toward success and impact."
  • "The Mark Foundation's funding of high-risk, high-impact research is essential in the quest to achieve real breakthroughs in cancer research," said Johanna Joyce, PhD.
  • "I am honored to join the Scientific Advisory Committee, to support the next generations of scientists and projects that will revolutionize treatments for patients."

'Functional Unemployment' at Highest Level Since 2021, Says Ludwig Institute

Retrieved on: 
Wednesday, March 20, 2024

WASHINGTON, March 20, 2024 /PRNewswire/ -- Even though the job market expanded in February, a smaller percentage of those positions are paying a living wage — resulting in the highest "functional unemployment" rate in two-and-a-half years, according to the monthly True Rate of Unemployment (TRU) report by the Ludwig Institute for Shared Economic Prosperity (LISEP).

Key Points: 
  • The February TRU jumped 1.6 percentage points, from 23.3% to 24.9% — the highest level since July 2021.
  • By contrast, the official unemployment rate issued by the U.S. Bureau of Labor Statistics increased only marginally, from 3.7% to 3.9%.
  • This is one of the largest month-over-month TRU increases since 1995, the earliest year LISEP has data.
  • "Headline economic statistics paint an incomplete picture — often bordering on fiction — for   middle- and working-class families," Ludwig said.

Rutgers Cancer Institute of New Jersey and RWJBarnabas Health Retains its Position as New Jersey's Only National Cancer Institute-Designated Comprehensive Cancer Center

Retrieved on: 
Tuesday, March 5, 2024

NEW BRUNSWICK, N.J., March 5, 2024 /PRNewswire/ -- Rutgers Cancer Institute of New Jersey, together with RWJBarnabas Health, the state's leading cancer center and only Comprehensive Cancer Center as recognized by the National Cancer Institute (NCI), has scored in the "exceptional" range and was redesignated by the National Cancer Institute, placing it among the top cancer centers reviewed in 2023.

Key Points: 
  • NEW BRUNSWICK, N.J., March 5, 2024 /PRNewswire/ -- Rutgers Cancer Institute of New Jersey, together with RWJBarnabas Health, the state's leading cancer center and only Comprehensive Cancer Center as recognized by the National Cancer Institute (NCI), has scored in the "exceptional" range and was redesignated by the National Cancer Institute, placing it among the top cancer centers reviewed in 2023.
  • This redesignation ensures that Rutgers Cancer Institute maintains its "Comprehensive Cancer Center" status to support the continuation of outstanding world class research and comprehensive care.
  • "For decades, Rutgers Cancer Institute has been a lifeline for those battling the cruel and relentless disease of cancer.
  • As the only NCI-Designated Comprehensive Cancer Center, Rutgers Cancer Institute is essential to the health of the people of our state and the advancement of cancer research nationally," says Congressman Frank Pallone.

Living-Wage Job Market Rebounds in January, Says Ludwig Institute

Retrieved on: 
Wednesday, February 14, 2024

WASHINGTON, Feb. 14, 2024 /PRNewswire/ -- The living-wage job market rebounded in January, with White and Black workers posting gains and the gender gap closing, according to the monthly True Rate of Unemployment (TRU) report by the Ludwig Institute for Shared Economic Prosperity (LISEP).

Key Points: 
  • WASHINGTON, Feb. 14, 2024 /PRNewswire/ -- The living-wage job market rebounded in January, with White and Black workers posting gains and the gender gap closing, according to the monthly True Rate of Unemployment (TRU) report by the Ludwig Institute for Shared Economic Prosperity (LISEP).
  • LISEP Chairman Gene Ludwig said that while positive, it's crucial to consider other data points for a comprehensive analysis and advises interpreting the January TRU report within its context.
  • "While the first TRU report of 2024 brings us some good news, job creation alone falls short.
  • Policymakers must commit to sustained action, acknowledging the struggles of working families and building the foundation for greater prosperity and upward mobility."

Living-Wage Job Market Growing Stronger, Says Ludwig Institute

Retrieved on: 
Wednesday, December 20, 2023

WASHINGTON, Dec. 20, 2023 /PRNewswire/ -- On average workers appear to be benefitting from a robust job market, with the percentage of workers unable to find a living-wage job at the lowest level in six months, according to the monthly True Rate of Unemployment (TRU) report by the Ludwig Institute for Shared Economic Prosperity (LISEP).

Key Points: 
  • WASHINGTON, Dec. 20, 2023 /PRNewswire/ -- On average workers appear to be benefitting from a robust job market, with the percentage of workers unable to find a living-wage job at the lowest level in six months, according to the monthly True Rate of Unemployment (TRU) report by the Ludwig Institute for Shared Economic Prosperity (LISEP).
  • Workers benefit from robust job market; percent of workers with living-wage jobs at six-month high.
  • This is the fourth consecutive month the TRU has trended downward, and the lowest level since the June rate of 21.7%.
  • It should be our collective resolution for the upcoming year to focus our efforts on helping those who need it the most."

'Informal Economy' of No Help to Low-Wage Earners, LISEP Study Shows

Retrieved on: 
Wednesday, November 29, 2023

WASHINGTON, Nov. 29, 2023 /PRNewswire/ -- Even when accounting for unreported income, more than one-in-five American workers are still unable to find employment or generate income lifting them above the poverty line, according to a new study by the Ludwig Institute for Shared Economic Prosperity (LISEP).

Key Points: 
  • Even when accounting for unreported income, more than 1-in-5 workers are still unable to maintain a living wage.
  • Today LISEP issued a new report, "The Hidden Workforce: The Impact of the Informal Economy on Functional Employment," a study to supplement its monthly True Rate of Unemployment report (TRU).
  • TRU measures the "functionally unemployed," defined as the jobless plus those seeking, but unable to find, full-time employment paying above the poverty line.
  • "The perception that middle- and lower-income workers are thriving in a shadow economy is nothing more than a myth."

Bay Area Best Region for Working Households; Fresno Worst, Says Ludwig Institute

Retrieved on: 
Monday, November 27, 2023

WASHINGTON, Nov. 27, 2023 /PRNewswire/ -- The high cost of living is more-than offset by high wages in the San Jose and San Francisco markets, making the Bay Area the best performing region for middle- and working-class households in the country's 50 largest Metropolitan Statistical Areas (MSAs). Meanwhile, a net loss in real wages and the skyrocketing price of housing pushed Fresno, Calif., to the bottom of the list, according to an analysis by the Ludwig Institute for Shared Economic Prosperity (LISEP).

Key Points: 
  • Meanwhile, a net loss in real wages and the skyrocketing price of housing pushed Fresno, Calif., to the bottom of the list, according to an analysis by the Ludwig Institute for Shared Economic Prosperity (LISEP).
  • "The United States is not a single economy — it's an amalgamation of hundreds, even thousands, of regional economies," said LISEP Chairman Gene Ludwig.
  • "Understanding the dynamics of those economies and how they impact low- and moderate-income populations  is critical to responsible policymaking.
  • "Our challenge here is in identifying what's working well and replicating it; what's not, and scrapping it.

Gender Gap Narrows for Living Wage Jobs, Reports Ludwig Institute

Retrieved on: 
Wednesday, November 15, 2023

WASHINGTON, Nov. 15, 2023 /PRNewswire/ -- While the overall availability of living-wage jobs remained virtually unchanged, women in the workforce gained ground against their male counterparts in October, according to the monthly True Rate of Unemployment (TRU) report by the Ludwig Institute for Shared Economic Prosperity (LISEP).

Key Points: 
  • Women are closing the gender gap, with the second-lowest True Rate of Unemployment since 1995.
  • This, coupled with the male TRU increasing by 0.5 percentage points (from 18.5% to 19%), has narrowed the gender gap to 7.8 percentage points, compared to 8.9 percentage points in September.
  • "But I think we all can agree that a functional unemployment rate of 26.8% for women is too high; a gender gap of nearly 8% is too large.
  • "Middle- and working-class earners are basically holding their own, but holding the status quo is not good enough," Ludwig said.

Cost of Basic Necessities Rise at Fastest Rate Since 2004, Says Ludwig Institute

Retrieved on: 
Thursday, October 26, 2023

WASHINGTON, Oct. 26, 2023 /PRNewswire/ -- With the costs of everyday necessities on the rise last year, middle- and working-class families felt the biggest crunch on their bank accounts since 2004, according to an analysis by the Ludwig Institute for Shared Economic Prosperity (LISEP).

Key Points: 
  • Middle- and working-class families felt the biggest crunch on their bank accounts since 2004.
  • LISEP today issued data for its 2022 True Living Cost (TLC) Index , a measure of price changes for the minimum adequate needs required to maintain a basic standard of living.
  • "The focus for policymakers should be on getting prices down for the basics — a roof overhead, food on the table, medical care, basic transportation, and the like.
  • The TLC's 7.8% year-over-year increase for 2022 was the highest increase since 2004, when the index increased by 8%.

Labor Participation Up But So is 'Functional Unemployment'

Retrieved on: 
Thursday, September 14, 2023

WASHINGTON, Sept. 14, 2023 /PRNewswire/ -- In spite of a higher labor participation rate in August, many of these new workforce participants are finding themselves without full-time jobs paying a living wage, according to the August True Rate of Unemployment (TRU) report by the Ludwig Institute for Shared Economic Prosperity (LISEP).

Key Points: 
  • While the increase might seem small, that increase – combined with a 0.2 percentage point increase in the labor force participation rate – indicates that even though more Americans are working, many are unable to find jobs paying over the poverty line.
  • Similarly, the official U.S. unemployment rate issued by the Bureau of Labor Statistics also increased, from 3.5% to 3.8%.
  • "Federal policy to slow inflation has focused on raising interest rates to slow business expansion, and by extension, wage and job growth.
  • The TRU for women improved by 0.3 percentage points (from 27.7% to 27.4%), while the TRU for men increased by 0.3 percentage points, from 18.9% to 19.2%.