Under New York’s proposed paid family leave law, businesses won’t pay anything for the new family leave benefit. The program would be funded entirely by a small payroll deduction from each worker in the state. An insurance provider will pay the benefits out to workers.
It’s certainly not the most progressive way to fund a new public benefit, but one thing it’s not is a burden on businesses.
Politicians refer to American exceptionalism as a way of pointing out how special is our country. I recently returned to work following three months of paid leave to take care of a very exceptional newborn boy. Having the opportunity to bond with my child is an exceptional experience in the American labor force.
This exceptionalism Americans shouldn't be proud of.
How much should I save for retirement? How much should I increase my contributions when I get a raise? Should I save in my firm’s 401(k) or a personal IRA? Which investments should I choose?
For many of us, making the right choices when navigating the bewildering world of investing for retirement can seem nearly impossible. We know that correctly answering these and other questions that arise when investing for retirement are the keys to a comfortable living during our golden years, yet it often feels as if we’d need a finance degree to do so.
In this election season, reining in Wall Street is clearly a burning issue for many voters. The passion for Wall Street reform is closely wrapped up with working class anger and anxiety driven by wage stagnation and economic insecurity, all within a climate of accelerating wealth and income inequality.
Each year, Demos recognizes leaders who are transforming America. From #BlackLivesMatter to Amy Poehler to Rashad Robinson, we have honored the people, organizations, and movements that are challenging our country to live up to the true meaning of democracy: a place where all Americans have an equal say and an equal chance.
If you’re feeling underpaid and overworked, you probably are: wages for typical U.S. workers still haven’t recovered from the Great Recession, even as working Americans continue to put in long hours. But a long-awaited update to the federal rules on overtime pay may finally bring relief.
Inequality is the common thread connecting every issue we work on at Demos, and challenging the public narrative about that inequality is essential to our work to solve it. This year, we’re proud to have an ally in that fight in the entire team behind the upcoming television documentary series America Divided, premiering this fall on EPIX.
The Rising American Electorate was credited with helping Barack Obama win the presidency in 2008 and his reelection in 2012. Comprised of people of color, women, and young people, this Rising Electorate represents people in constituencies that have been underserved in a political system that increasingly caters to the needs of the wealthy.
Shortly before I went on parental leave, an acquaintance asked me about my plans for the “three-month vacation” awaiting me. After explaining that I was going to take care of a newborn child full-time for three months, my acquaintance responded, “Oh, good for you!” This interaction marked the first time I realized that many people do not take fathers as caregivers seriously.
For the past year, Albuquerque has been experimenting with a pilot jobs program for its homeless population called “There’s a Better Way.” The initiative began as a push to connect the homeless with shelters and other assistance providers, but within a few months of its launch, the city also started offering needy residents $9 an hour to perform menial labor such as cleaning up litter. The program also offers lunch and overnight shelter to participants.
Washington, DC—Just as the Senate is set to start a debate on the American Jobs Act, the issue of “job quality” is coming to the fore at a national conference entitled “Good Jobs for a Stronger Economy” on Wednesday, October 12.
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.
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-- 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.
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, 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.
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.
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.
