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Seniors are getting squeezed in so many ways. Healthcare and other basic expenses are rising. Fewer have pensions to supplement their Social Security income in retirement. Low interest rates mean what savings they do have isn’t growing quickly — unless they are willing to invest in higher-risk
In the media
Gerri Detweiler
The American middle class has been in trouble for decades, but this was not obvious until the recession of 2008 because consumer purchases held up. How was that possible? The simple answer is that financiers devised ways to loan money that severed the link between profits and middle-class wellbeing.
Blog
Kevin T. Leicht
Paying workers more would lead to lower profits and layoffs for America's biggest corporations, right? Not necessarily. Critics of a minimum wage hike cite a commonly held belief that forcing low-paying employers such as Wal-Mart to boost compensation would lead to greater economic suffering. Higher
In the media
Aimee Pichee
It's no secret that the employment data released monthly by the Bureau of Labor Statistics is basically a joke because BLS wildly undercounts the number of people who have given up looking for work or otherwise faded from the full-time labor force.
Blog
David Callahan
At this point, it's hardly news that Walmart is a pioneer of modern union-busting. And the revelation that Walmart has illegally disciplined 80 workers since June -- including firing 20 -- for their involvement in union activity is no surprise.
Blog
David Callahan
Most research on rising economic inequality focuses on growing wage gaps between different groups of workers. But of course that is only part of the story. Just as important is the division of the national economic pie between profits going to capitalists and the “labor share” that includes all of
Blog
Tali Kristal
We famously live an age of capital, where those who own businesses or other assets are prospering, while most people who rely on the value of their labor are doing terribly.
Blog
David Callahan
Are people better off than they were before the recession?
Blog
Joseph Hines
Walmart employees and their supporters have planned national protests today to demand an increase of their wages. Here is why the average American should support the workers’ demands.
Blog
Pamela Cataldo
It's hard to believe in the power of organized labor if you've grown up over the past thirty years, a period of steady union decline. Conventional wisdom hold that the new service economy is inherently hostile terrain for labor organizers and, more broadly, that Americans just aren't the joiners
Blog
David Callahan