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Wrong Bernard Anderson?

Dr. Bernard E. Anderson

Professor of Management

University of Pennsylvania

HQ Phone: (215) 898-5000

Email: b***@***.edu

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University of Pennsylvania

3400 Chestnut St

Philadelphia, Pennsylvania 19104

United States

Company Description

The University of Pennsylvania, the country's first university, is an Ivy League institution with a distinctive past. Its four undergraduate schools and 12 graduate and professional schools are located in Philadelphia on an attractive urban campus, a dive ... more

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Background Information


Board Member
Greater Philadelphia Urban Affairs Coalition

Advisory Board Member
Philadelphia Association of Community Development Corporations

Senior Advisor
Econsult Solutions Inc

Senior Advisor
Econsult Corporation

Board Member
The International Foundation for Education and Self-Help

Vice Chairman of Trustees
Tuskegee University

American Economic Association

Board Member
National Economic Association

Board Member

Board Member
Kimmel Center Inc

Board Member
Leon H. Sullivan Foundation

Member of the Board of Economists

Board Member
Overseas Private Investment Corporation

Board Member
Opportunities Industrialization Center

Visiting Fellow
Woodrow Wilson School

Assistant Secretary for the Administration
Employment Standards

Board Member
Black Enterprise

Board Member
The Philadelphia Orchestra

Business Advisor
Mill Creek Partners

Advisory Board Member

Board Member
United Bank of Philadelphia

Board Member
Provident Mutual

Chairman of Trustees
Lincoln University

Equal Opportunities Commission

Visiting Fellow
Princeton University


The Wharton School of the University of Pennsylvania

Bachelor of Arts degree


Masters of Arts


Michigan State University


Business and Applied Economics

University of Pennsylvania

Web References (198 Total References)

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Dr. Bernard E. Anderson, Economist Wharton School of Business

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Dr. Bernard E. Anderson, Economist Wharton School of Business

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Dr. Bernard E. Anderson, Economist Wharton School of Business

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Bernard Anderson, a nationally-recognized economist and professor emeritus at the Wharton business school at the University of Pennsylvania in Philadelphia, agreed.

"Despite the fact that Black people have a higher rate of unemployment and lower income, they remain far more committed to the labor market than White workers on average," said Anderson.
Anderson said that employment is growing more rapidly now than at any time since the recovery began in 2009. Gross domestic product (GDP) grew 5 percent in the third quarter of 2014, yet wages have not increased significantly.
"We have an anomalous situation in the labor market where employment is beginning to rise, but earnings are still relatively flat," explained Anderson. In fact, average hourly earnings for all employees shed a nickel in December.
Anderson observed that wages increased more rapidly during previous recoveries as the unemployment rate fell.
Anderson said that when the labor market tightens the unemployment rate comes down, and employers are forced to compete with each other for available labor.

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