Walmart's raises to $9 an hour in 2015 and then to $10 an hour in 2016 is a positive step forward, but it still falls short of giving workers the wages they need.
Demos Senior Policy Analyst Amy Traub issued the following statement about the New York City credit checks bill that goes into effect today:
"Today, New York City will enact the nation’s strongest ban on employment credit checks. Demos applauds the Council and the Mayor—and all our coalition partners who worked hard over the years to make this victory possible. This bill will protect more workers than any previous one and virtually eliminates this illegitimate and discriminatory barrier to employment.
The dominance of big money in our politics makes it far harder for people of color to exert political power and effectively advocate for their interests as both wealth and power are consolidated by a small, very white, share of the population.
Demos Vice President of Policy and Research Tamara Draut issued the following statement:
"After two months of deliberations, hearings, and moving testimonies, the wage board created by Governor Cuomo voted yesterday to recommend a wage increase in a series of steps to $15 an hour by 2018 in New York City and by 2021 in the rest of the state. Fast-food workers’ decision to challenge their powerful corporate bosses was a huge risk—and it paid off.
Demos, in proud partnership with fellow racial equity organizations, released the following statement about the HUD's new fair housing rule:
"The Housing and Urban Development’s (HUD) release of the final 'Affirmatively Furthering Fair Housing Rule' is a courageous and necessary step by President Obama and HUD Secretary Julián Castro to move our country past the artificial barriers that have divided us and toward a more inclusive and democratic society.
Demos, in proud partnership with fellow racial equity organizations, released the following statement about the King v. Burwell Supreme Court ruling:
"We, the undersigned organizations working to advance racial justice and health equity in the United States, are pleased that the U.S. Supreme Court has found that health insurance subsidies authorized by the landmark Patient Protection and Affordable Care Act (ACA) will remain intact.
Demos and coalition partners have reached an agreement with the City Council and de Blasio administration to send a bill banning the use of employment credit checks to the City Council floor. In response, President Heather McGhee issued the following statement:
“We are pleased to see progress made in the fight for equal opportunity employment in New York City. Employment credit checks are a catch-22, preventing qualified workers from getting a job just when they really need one most. The biggest drivers of credit problems are job loss and medical emergencies.
Following the announcement that McDonald’s Corporation plans to raise wages by more than 10 percent for 90,000 employees, Demos Senior Policy Analyst Catherine Ruetschlin issued the following statement:
McDonald’s workers deserve this raise and much more.
(New York, NY) – Though much research has been devoted to how public policy choices such as increasing the minimum wage can address economic disparities, there has been no systematic analysis of the types of public policies that offer the most potential for reducing the racial wealth gap.
(New York, NY) – Earlier this week, President Obama directed the Department of Labor to begin the rulemaking process for a fiduciary rule, a new regulation that would require financial advisors and brokers to act in the best interest of people saving for retirement. In the new explainer Why the Fiduciary Rule Matters, Demos Senior Policy Analyst Robert Hiltonsmith finds that this new regulation could save Americans nearly $25 billion from lower fees and translate into an additional $60 billion in returns.
In response to Walmart's announcement to raise the wage for 500,000 employees, Demos Senior Policy Analyst Catherine Ruetschlin issued the following statement:
Five years after the Supreme Court’s 2010 Citizens United v. FEC decision, what are the roles of large donors and average voters in selecting and supporting candidates for Congress?
(New York, NY) – On the heels of the nation’s most expensive mid-term election cycle, where federal political spending hit a $3.7 billion high, the national public policy organization Demos released a new report that examines the inherent racial bias in our big money political system.