We're all seeing systematic efforts to shift the economic and health risks of the pandemic from governments and employers and onto the backs of disproportionately Black and brown workers.
New York, NY — This week Demos, a national, non-partisan public policy research and advocacy center, is pleased to announce two significant staffing changes:
Tamara Draut has been named Vice President for Policy and Programs, joining Demos President Miles Rapoport in the executive leadership of the organization. Previously, she served for nearly eight years as Director of the Economic Opportunity Program at Demos, where she oversaw research, policy and advocacy efforts on issues related to economic security and mobility in America's households.
Twelve years after starting college, white men have paid off 44% of their student loan balances on average, while black men saw their balances grow by 11%, according to an analysis from Demos.
Twelve years after starting college, the white female borrower has paid off 72% of her loan balance. Over the same time period, the typical Black female borrower's balance has grown by 13%.
3 out of 4 senior households lack the economic security needed to sustain them through their lives, according to new study
New York, NY — Older Americans have experienced huge, negative financial shifts that now make it more difficult to enter retirement with sustainable economic security, a new study finds. Seventy-eight percent of all senior households are financially vulnerable when it comes to their ability to meet essential expenses and cover projected costs over their lifetimes.
Credit reports and scores control access to public goods people need. Yet, in the midst of a global pandemic and economic collapse, remaking the nation’s credit reporting system is not the top concern.
The response to the COVID-19 crisis must include investments in public goods and health infrastructure, breaking up concentrated economic power, and equitable access for Black and brown communities.
Report Shows How Crisis Will Continue to Impact Small Business, Student Borrowers, Homeowners
New York — The household economy — especially small business, homeowners and student borrowers — will continue to suffer during a sever tightening of lending credit and capital, in spite of the federal rescue plan, according to a new report by the non-partisan public policy center Demos.
The hardships faced by Amazon’s warehouse employees are well known and now Black workers in Alabama are organizing, challenging power, and leading the efforts to become unionized.
Sergio Ramirez's case, TransUnion v. Ramirez, reveals how credit reporting companies like TransUnion have little incentive to invest in making credit reports more accurate and avoiding serious mix-ups.
Letter from 31 civil rights, consumer, and community organizations urging the National Association of Insurance Commissioners (NAIC) to issue a recommendation that credit information no longer be used to determine eligibility for, or the cost of, auto or home insurance.
Corporate America took a stand for equality and democracy against the state of Georgia. Yet, the unbalanced economic system they’re part of creates an opportunity to reassess corporate power in our society.
Taifa Smith Butler, joins News NOW on Black Women’s Equal Pay Day to discuss why Black women in America have to work 579 days to earn what a white man does in one year and how companies can work to combat this pay disparity and inequality.
The Build Back Better Act would dramatically help working people and families. Now, the passage of this once-in-a-lifetime framework is in the hands of a few legislators who are beholden to corporations and the ultrarich.