Statistics from NCES reveal how financial instability during college can be prolonged after leaving, as borrowing compounds with higher rates of unemployment and underemployment, and lower pay.
A growing number of voices are advocating closer collaboration between business, labor, and government -- as well as nonprofit groups -- to grow the U.S. economy.
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.
Young adults are in a critical period of change and choices, as they confront the decisions that will pave the way to their futures. But the generation coming into its own in the aftermath of the Great Recession faces challenges that threaten to undermine even the best laid plans.
Demos has conducted extensive research on credit card debt among low- and middle-income households. As part of this research, we have become increasingly concerned with how families are being financially penalized for being in debt, making it difficult, if not impossible, for them to ever get out of debt.
An influential state lawmaker in North Carolina is launching an effort to make it harder for his state’s citizens to vote. It’s a development that should trouble voters, especially because North Carolina’s election process has been improving lately.
New Yorkers shut out of a job by employment credit checks spoke out and told their stories, expressing hope that New York City would build on its recent success banning discrimination against the unemployed in hiring to also put an end to credit discrimination.
Another month of weak job growth seems especially cruel after the greater-than-expected employment gains in February. But workers were already onto the trend, leaving the labor market in droves throughout March despite the anomaly of a statistical surge in hiring the month before.
Thanks to the new paid sick leave law just passed in New York City, Urban Outfitters will have to offer five days of paid sick time to its New York employees, including part-time ones, starting in spring 2014.
While nobody wants to admit it, the truth is that we should be talking about how to increase Social Security benefits in coming years, not decrease them.
Unfortunately, it looks like taxpayers will pay for the cleanup for a reason that we should be very concerned about as discussion continues over the Keystone pipeline.
It seems clear that consumers are still tapped out, with their incomes flat for years, and many of the new jobs being created lately are low-wage positions that don't leave people with much spending money.
