Media

Even with a freeze on basic pay rates and unpaid leave days and repeated attacks on the federal workforce, being a federal employee means you have a good, though as of late, a less-lucrative job.

That can’t be said by everyone in the federal workplace.

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 now. It’s not quite as rosy.

The average unemployment rate in the first quarter of this year was 7.7 percent. But for African-American workers that rate was 13.6 percent. For Latinos, it was 9.5 percent.

And among those who do have jobs, wages are not rising.

Washington – On Wednesday, May 8 at 9 a.m. EST, low-wage workers from around the country employed in a variety of firms operating under federal contracts, loans, and leases will join Members of Congress, community leaders, and local elected officials to announce the launch of Good Jobs Nation—a new organization of low-wage workers joining together for a living wage and a voice on the job.

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 the 401(k) system is basically a failure.

NEW YORK, NY – With much attention on labor strikes spreading across the country to protest low pay and poor working conditions in the retail and fast food industries, national public policy center Demos releases a new report today documenting a surprising part of the economy where low wages are prevalent. Underwriting Bad Jobs: How Our Tax Dollars Are Funding Low-Wage Work and Fueling Inequality reveals th

For years now, I’ve been asking myself how the federal government justifies charging students nearly 7 percent for loans when banks can get federal funds virtually interest-free (the Fed discount window rate is currently 0.75%).

Here’s one reason why Heritage’s immigration study came out the way it did: one of the co-authors of the study thinks that Hispanics have lower IQs than White Americans.

The entire social and fiscal debate ignores this monster of an issue, but it’s only a matter of time. The kids are moving back home when they graduate and can’t find work. Soon, grandma and grandpa are going to be moving in, too. There’s a reckoning ahead that policymakers and the news media haven’t begun to think clearly about — or focus the public on.