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.
This Explainer explores how the Gross Domestic Product (GDP) is used in measuring our economic growth and whether alternative measures are also needed to provide a more comprehensive outlook of economic progress.
Methodology: Demos sponsored an online survey among 1,536 registered voters, conducted June 5 to June 14, 2017. The research included a base sample of registered voters and, for deeper analysis, oversamples of working-class African Americans, working-class Hispanics, working-class white Obama-to-Trump voters, and progressives, defined as people of all races who identify as extremely or somewhat liberal. The data in this survey is weighted by standard weights to make it fully representative.
Fast food companies keep employees at poverty-level wages while reaping billions of dollars in profits. It drives inequality, slows growth, and lowers living standards.
Today, with health coverage for maternity care threatened, child care costs outstripping the price of college tuition, and nearly a quarter of new mothers forced to return to work two weeks or less after giving birth, we are making it extraordinarily difficult for anyone but the ve
In a recent study, I compared the damage from shoplifting with that from just one form of wage theft, the failure to pay workers the legal hourly minimum.
But a national debt of more than $14 trillion makes us vulnerable because our economy is the wellspring of our military might, as well as the happiness and self-confidence of a fully employed people.
The public is overwhelmed by budget deficits, shrinking public supports, and the inability of its government to compromise. In this climate, so-called minority issues seem like a distraction. But black and Latino men between the ages of 16 and 24 are profoundly more likely to be poor than whites, more likely to be unemployed or the victims of violent crime, and less likely to graduate from high school.
Their employment prospects are dim, their debt is high, their lives are on hold and a stunning number are living with their parents, even into their 30s.
The jobs crisis and rising healthcare costs have left millions of young Americans without healthcare coverage but the health reform law is turning things around, according to a new report from the liberal groups Demos and Young Invincibles.
White youths are more pessimistic about their economic future than young minorities, though black and Hispanic youth are more likely to be in a worse financial position right now.