NEW YORK — The economic security of younger Americans is eroding at an alarming pace as a result of slow wage growth, underemployment, rising costs and mounting student loan and credit card debt, according to a new report, "Generation Broke: The Growth of Debt Among Younger Americans," released today from Demos, a nonpartisan, public policy group based in New York City.
Pittsburgh-The newly released national June jobs report showed 200,000 people joined the unemployment lines last month. In Pennsylvania, where the annual unemployment rate is the highest it has been in nearly three decades and state tuition/student debt is on the rise, the state's low- and middle-income families are in danger of disappearing.
A new report, "Under Attack: Pennsylvania's Middle Class and the Job Crisis," outlines these growing challenges facing millions of Pennsylvanians.
NEW YORK — Over the last decade, high interest rate debt among America's seniors has skyrocketed, making them the fastest growing age group headed into bankruptcy court, according to a new report, "Retiring in the Red: The Growth of Debt Among Older Americans," released today from Demos, a non-partisan, public policy group based in New York City.
New York, NY — Americans faced a massive rise in credit card debt during the 1990s, according to a new study released today by Demos. "Borrowing to Make Ends Meet" found that while low-income and elderly Americans have been hit hardest by the debt boom, Americans of all stripes are suffering under the burden of high-interest credit card debt.
WASHINGTON DC-- In the wake of an austerity debt ceiling deal that will cost 1.8 million jobs in 2012 and do nothing to address inequality and the decline of the American middle class, today the Rebuild the Dream Campaign – with the support of partner organization Demos – announced a new Contract for the American Dream.
Demos President Taifa Smith Butler joins Colin to discuss Black Women’s Equal Pay Day, the Biden administration's economic agenda, and extremist attacks on education.
Black History Month is an opportunity to look to our past for lessons on our future path to justice, economic security and stronger democracy everyone deserves.
New York, NY — Fewer than one in three middle-class families in America is financially secure, and the remaining majority are either borderline or at high risk of falling out of the middle class altogether, according to a new study published this week by Demos and the Institute for Assets and Social Policy (IASP) at Brandeis University.
This women’s history month, we celebrate Acting Secretary Julie Su’s leadership and call on the Senate to stop this egregious delay and confirm her as nominee.
Today's ruling is a powerful affirmation: the CFPB stands as a fortress against financial predators, especially crucial for communities of color battered by decades of discriminatory banking practices.
"By undermining the power of federal agencies, the Court has supercharged a new battlefield for anti-regulation interests to attack our labor, consumer, and civil rights regulations."
In this brief, we’ll examine how conservative administrations, government inaction, and corporate interests have left low-paid salaried workers without adequate overtime protections for the past few decades.
The Economic Justice team at Dēmos brings diverse expertise areas and perspectives to our critical mission of ensuring that people have power over the economic forces that shape their lives. Get to know each member and learn about what motivates them to do this work.
New York, NY — American families are using credit cards to bridge the gaps created by stagnant wages and higher costs of living and balances have grown dramatically since 1989, according to a new report published today by Demos. Borrowing to Make Ends Meet: the Rapid Growth of Credit Card Debt in America documents the disturbing trends in sky-rocketing credit card debt, and also provides detailed data based on age, race and income demographics.
