One effect of the ruling is that it’ll now be easier to sue an employer over an expensive 401(k) plan, turning up the legal pressure a notch.
Those expenses matter. A 2012 study by Demos, a New York City-based think tank, found that over a lifetime, 401(k) fees cost a two-earner family with a median income nearly $155,000 — and consume nearly one-third of their investment returns.
A low unemployment rate doesn't always mean everyone who wants to work has a fair chance to do so. Read our latest analysis to learn why looking beyond the headline numbers is essential to understanding the health of the labor market.
When governments use the power of the purse to create good jobs, workers, families, and communities benefit. Strong labor standards raise wages, improve job quality, and expand economic stability—helping build a more equitable economy for all.
A policy agenda for building a just, inclusive multiracial democracy and economy where everyone has the power to shape the rules that govern their lives.
In our latest analysis, we look beyond the headline unemployment rate to examine declining labor force participation, with particular attention to Black women, whose participation has fallen sharply in recent months.