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.
This report makes the case that we should create jobs for the unemployed directly and immediately in public employment programs that produce useful goods and services for the public’s benefit.
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.
How taxpayers are bankrolling the paychecks of already-wealthy executives instead of supporting more livable wages for American workers struggling to get by.
If the twin threats to public pensions continue, African American retirees may lose much of the retirement security they’ve gained over the past half-century.
A picture of the current state of the private retirement system, why this picture bodes ill for the future of retirement in the country, and why that system needs reform.
New York, NY – 'Shadow Market' investment products have come under scrutiny following the banking meltdown, but they continue to be aggressively marketed to clients who can least afford the potentially catastrophic losses. Millions of American seniors could see their golden years turn bleak if the poorly regulated derivatives underpinning their investment plans implode, according to "How Safe Are Your Savings? How Complex Derivative Products Imperil Seniors' Retirement Security."
Washington DC – In an important hearing today on the future of America’s middle class, Democrats on the Senate Health, Education, Labor and Pensions (HELP) Committee made the case for greater public investment, fairer tax policy, and better job creation to stimulate economic growth and support working Americans. Demos, a national public policy research and advocacy center, supports the effort, as families continue to reel from the recession and high unemployment.
The fast food industry is the main driver of compensation inequality in the most disparate sector of the economy, with a CEO-to-worker pay ratio in 2013 of over 1000-to-1.