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As we contemplate the possibly bright future of pre-K laid out in Obama’s state of the union address this year, in which the feds work together “with states to make high-quality preschool available to every single child in America,” along comes a sobering glimpse of what public preschool looks like
Blog
Sharon Lerner
BlackRock, Inc., is the largest asset management company in the world, with nearly $4 trillion under management. It is also a major player in the 401(k) business. So it's worth paying attention to the fact that yesterday, BlackRock's CEO, Larry Fink, gave a speech at NYU in which he declared that
Blog
David Callahan
Murphy suggested two ways out of this trap. One is crowd-sourced fundraising, which is already occurring over the Internet. Murphy stated that his Senate campaign raised $4 million of its $10 million total from donors giving online. That meant he did not have to call wealthy donors to raise 40
In the media
Here's an obvious point that often gets forgotten: Who you know makes a big difference in getting a job, and white people are far more likely to have social contacts that lead to employment.
Blog
David Callahan
Here's a new one: Two Republican state legislators in Tennessee are pushing legislation which would penalize parents whose children have less than satisfactory grades by reducing their government assistance up to 30%.
Blog
Michael Jackson
From The Washington Post, “Federal taxpayers employ more low-wage workers than Wal-Mart and McDonald’s combined, a new study calculates. The report from the consulting firm Demos, set to be released Wednesday, estimates that taxpayer dollars fund nearly 2 million private-sector jobs that pay $24,000
In the media
Lauren French
House Majority Leader Eric Cantor really cares about working families. He favors “ common sense legislation to protect workers and make life work for more people” and wants to “ help working parents who are juggling responsibilities at home and on the job.”
Blog
Amy Traub
Panelists at the annual Corporate Crime Reporter Conference in Washington, D.C. Friday said they were concerned that the Justice Department is abandoning full criminal prosecutions of financial industries in favor of Deferred and Non Prosecution Agreements (DPAs and NPAs), which usually involve a
Blog
Thomas Hedges
The good news in the April unemployment numbers delivered by the Bureau of Labor Statistics on Friday finally spilled over to people under 25, who saw their unemployment rate drop last month even as their labor force participation rate increased.
Blog
Catherine Ruetschlin
The class of ’13 has no luck at all. As the graduates take to the streets with their six-month grace periods before their student loan debt bills begin arriving, they face a horrific job market. “At 16.2 percent, the March 2013 unemployment rate of workers under age 25 was [roughly] twice as high as
In the media
Gregory Bresiger