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Remember having ‘the talk’ with your parents? That clumsy conversation forced upon you as a pre-teen when you desperately tried to avoid eye contact while muttering “I already know this, Dad” and wavered back and forth between feeling embarrassed and grateful? Get ready for a role reversal.
In the media
Northwest Mutual Voice
People who end up with damaged credit — often through no fault of their own — can be shut out of jobs by employers who hold their credit histories against them.
In the media
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Dollar Bills
Credit checks aren’t just for loan officers anymore. Now, your prospective employer is checking your credit history too. The practice is increasingly common as employers look for more ways to determine whether or not they’re about to hire the right employee. But Massachusettes Sentaor Elizabeth
In the media
Halah Touryalai
One familiar excuse for inequality is to argue that the problem is not that the people at the top are making too much money. Rather, the "problem is declining or stagnant wages for those Americans who are not thriving in the 21st-century economy," as Kevin Williamson argues today over at National
Blog
David Callahan
A judge's ruling that the city of Detroit can move forward with bankruptcy and strip the city's public workers of their modest pension benefits will have a devastating impact on Detroit's middle class — many of whom are African-American — and the city's ability to rebuild a strong and sustainable
In the media
Ross Eisenbrey
Hank Ronan knew he would get the job. He had sailed through three rounds of interviews and hit it off with the doctors at the diagnostic center in Annandale, Va., where he had applied to be a driver for $11 an hour. Shuttling patients to appointments was a world away from his 20 years as a software
In the media
Danielle Douglas
Yesterday I criticized Arthur Brooks for arguing in the New York Times that more free enterprise is a key to greater happiness. Beyond the fact that the happiest people in the world tend to live in European nations that have tempered the market with strong government, here's another key point to
Blog
David Callahan
Demos applauds the work of Senator Elizabeth Warren (D-MA) who today introduced The Equal Employment for All Act, legislation that would prohibit the widespread use of pe
In the media
U.S. Sen. Elizabeth Warren, a Massachusetts Democrat, introduced legislation on Tuesday that would prohibit employers from requiring job applicants to disclose their credit history. In a conference call with reporters, Warren argued that a person's poor credit history is often the result of medical
In the media
Shira Schoenberg
Job-hunters are increasingly being asked to agree to allow potential employers to view their personal credit information, a development that Sen. Elizabeth Warren says is unfairly keeping people out of the job market who've had financial setbacks or have reports that contain inaccurate information.
In the media
Jonathan Berr