New York – This week, the growing practice of employers screening the credit scores of job applicants was dealt a legal blow after the Court of Common Council of Hartford, Connecticut, passed an ordinance prohibiting the practice as part of the city's employment application and promotion process. The legislation is the first municipal ordinance of its kind in the country.
Demos, a national public policy research and advocacy center that supports fair employment and publishes research hiring practices, celebrates the decision.
New York, NY – On the eve of Earth Day, a new report by the policy center Demos spotlights the dangerous effects of the millions of tons of electronics that are thrown away each year by American households.
New York, NY — As new unemployment figures show a still-staggering 9 percent of Americans out of work, a new report from the policy center Demos examines the degree that low income American families use credit to weather economic shocks, and draws out the impact of credit card debt on families' long-term financial stability.
NEW YORK, NY – The idea of regulation — of using the institutions of government to set and enforce rules for the world of business — has come under fierce attack. This week, House committees will hold four separate hearings based on the premise that our nation’s economy is chafing under the restraint of excessive regulation and overly powerful regulators.
New York, NY — On Black Friday, a massive amount of highly polluting, future consumer electronic waste is about to be unleashed, according to a new report by the national policy center Demos. The Consumer Electronics Association says 74 percent of Americans buying gifts this holiday season will likely purchase consumer electronics, spending an average of $230 each on hot ticket items such as tablets, notebooks, e-readers, and smart phones. About 11 million flat screen televisions will be sold in the final quarter of 2010 alone.
Raleigh — North Carolina's young adults will continue to face a tough economy--one ravaged not only by recession but also by 30 years of declining opportunity and security for all but the most highly educated and affluent, according to a new report by Demos and the North Carolina Justice Center.
New Brief Shows Young Americans Need Wall Street Reform
Washington — Young Americans face "lasting damage" from the dual crises in the financial sector and in personal finance, making it urgent that Congress pass strong financial reform legislation.
Washington — SenatorAl Franken (D-MN) has introduced a financial-reform amendment that finally addresses the root problem of the credit rating agencies—their built-in conflict of interest. The "Restore Integrity to Credit Ratings" amendment, co-sponsored by Senators Charles Schumer (D-NY) and Bill Nelson (D-FL), substantially embraces a remedy set forth in a recent Demos policy paper on this subject.
Cleveland — Ohio's young adults will continue to face a tough economy--one ravaged not only by recession but also by 30 years of declining opportunity and security for all but the most highly educated and affluent, according to a new report by Policy Matters Ohio and the national policy center Demos.
Community college credentials can play a vital role in creating economic security for young adults while at the same time rejuvenating career opportunities.
New York, NY — As President Obama calls for massive increases in Federal college grant aide in the 2011 budget, a new report by the policy center Demos shows how one-and two-year postsecondary degrees are vital tools for moving people into living-wage jobs.
Would Re-establish Key Provisions of the Glass-Steagall Act—Limiting Risk Taking by Commercial Banks, Requiring Investment and Insurance Spin-offs, Ending Era of 'Too Big to Fail'
As Congress Takes Up Sweeping Financial Reform, Report Urges Fundamental Change of Ratings Agency Model
Washington, DC — With the House of Representatives and a key Senate committee poised to vote on sweeping financial industry reforms, a new report by Demos finds that the proposed remedies fail to fully address the problems that led the credit rating agencies to become key enablers of the housing bubble and Wall Street meltdown.