NEW YORK -- The United States faces a retirement crisis that threatens future retirees and the next generation of workers. The voluntary employer-sponsored retirement system covers fewer and fewer Americans, often leaving Social Security, originally intended as a supplement to other forms of retirement, as the major source of income for 40 percent of older Americans. Even workers still covered by an employer retirement plan have had their benefits weakened.
NEW YORK - Just in time for Black Friday, when consumers rely on scores of retail workers to help them navigate the stressful holiday season, a new study released today by national public policy center Demos, Retail’s Hidden Potential: How Raising Wages Would Benefit Workers, the Industry and the Economy Overall, examines the economic benefits of a wage increase for large chain retail workers on consumer experiences, businesses, fa
NEW YORK -- With $4 trillion in annual revenue, over 15 million employees and projections to be one of the largest sources of new jobs in the next decade, the retail sector plays a vital role in the economy, wielding great influence over the living standards for many Americans.
Demos conducted a nationwide survey of low- and middle-income households in early 2012. The findings in this brief summarize the relationship between college costs and credit card debt, and its impact on students and their parents.
NEW YORK – As millions of young adults begin their fall semesters across the nation, new findings from a national survey by policy center Demos reveal the relationship between college costs and credit card debt, and its impact on students and their parents.
NEW YORK – Fifty years ago, Michael Harrington's classic exposé The Other America blew open the reality of widespread poverty in the United States, and while it paved the way for policies that have improved the lives of millions of Americans, the problem persists today. Today, Demos and The American Prospect are co-hosting a conference and launching an interactive data visualization to examine why proven solutions to poverty are going unheeded, leaving 46.1 million Americans in poverty in 2010.
A median-income, two-earner household will pay nearly $155,000 over the course of their lifetime in 401(k) fees, according to a new analysis by national public policy center Demos.
In February and March 2012, Demos surveyed a nationally representative sample of 997 low- and middle-income American households who carried credit card debt for three months or more.
NEW YORK – A new report reveals that African Americans remain disproportionately excluded from corporate and nonprofit board membership in New York City: Of the 697 directors that sit on the boards of the city’s 25 largest employers, only 5.7 percent are black. The study, by John Morning and national policy center Demos, also surveyed black participation on the boards of 14 premiere cultural institutions in New York City, finding that only 33 of the total 581 directors were African American.
In the past 72 hours since its introduction, The Budget For All – an innovative, values driven fiscal plan to keep America exceptional in the 21st Century – has inspired support from noted economists, renowned think tanks and cutting-edge advocacy organizations.
NEW YORK – Today Demos applauded the announcement by New York City Comptroller John Liu of a new proposal for the creation of “New York City Personal Retirement Accounts.” These accounts would be both a historic achievement and a huge step towards enabling millions of New York City workers to obtain the retirement security they so desperately need.
New York, NY--Demos views the mortgage servicing deal reached today between a coalition of state Attorneys General and 5 major Wall Street banks as an important stepping stone in the effort to secure justice for homeowners victimized by the foreclosure crisis.
Demos applauds the Department of Labor’s and Treasury Department’s announcements on Friday of several rule changes that would make it easier for some Americans to protect themselves against the risk of outliving their retirement savings when they retire.
NEW YORK-- Today's 20-somethings are the first generation, as a whole, to face downward economic mobility compared to their parents' generation, according to a new report from national policy center Demos and youth advocacy organization Young Invincibles.
NEW YORK-- Recent repeal of the long-term care provision in the Affordable Care Act, has brought renewed importance to the economic security of many vulnerable Americans, particularly seniors. A new research brief, “Rising Economic Insecurity Among Single Senior Women,” published today by the Institute on Assets and Social Policy and the national policy center Demos, sheds light on the dire financial state of single women who are most in need of long-term care supports due to their higher life expectancy.
NEW YORK— On Wednesday, November 2, policy center Demos and youth advocacy organization Young Invincibles will release a new report revealing the profound economic challenges facing America’s young people – and how these challenges threaten the future of the middle class. “The State of Young America” also includes the results of an exclusive national poll of young people on their economic outlook, conducted by Lake Research Partners and Bellweather Research & Consulting.