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Sluggish sales at major retailers paint a grim picture of an uneven economic recovery that has low- and moderate-income households reluctant to buy anything beyond the bare necessities. Three years out from the worst recession in generations, many Americans are still contending with unemployment or
In the media
Danielle Douglas
“Whatever executive authority I have to help the middle class, I’ll use it,” announced President Obama in last month’s landmark economic address in Galesburg Illinois. Now consensus seems to be building around one thing President Obama can indeed use his executive powers to do to boost hundreds of
Blog
Amy Traub
In 1965, in a nation torn by racial strife, President Johnson signed an executive order mandating nondiscrimination in employment by government contractors. Now, as President Obama has observed, the nation is divided by a different threat: widening income inequality.
In the media
The Editorial Board
So you aced the job interview. But can you pass the credit check? That’s right, a growing number of employers are checking job applicants’ credit reports, even when the job doesn’t involve financial responsibilities and management. About six in 10 employers conduct credit checks on at least some of
In the media
Carole Fleck
Are you paying too much in 401(k) fees? Until recently, it was difficult to know. But as of last year, 401(k) plan sponsors are required to send participants annual disclosures outlining fund fees and their effects on savings over time. [...]
In the media
Credit cards. Mortgages. Car loans. These are the types of things that typically come to mind when thinking about your credit. But a bad credit history can do more than ruin your chances of getting a loan or landing a great interest rate -- it can cost you a job. [...]
In the media
Blake Ellis
Critics of the fast-food worker strikes don't just make the mistake of relying on industry-backed research to argue that higher wages are unaffordable (see Jillian Kay Melchior's slanted and shallow piece in NRO) and ignore the real-live examples of U.S. states that have raised their minimun wage
Blog
David Callahan
Low wage workers and their advocates have been pushing for a paid sick leave bill for almost eight years in Massachusetts, where it’s still legal for an employer to fire workers for taking time off due to sickness or injury. The latest bill, introduced by Democratic State Senator Dan Wolf was
Blog
Ilana Novick
As Americans enter old age, elders and their loved ones alike hope they will be able to remain as independent as possible. Nursing facilities are very expensive, and people prefer to grow older at home as long as they can. Currently, four out of five elders in need oflong-term care live at home in
Blog
Sandra Butler
The fast food worker strikes have become an occasion to repeat age-old arguments that raising pay for low-skilled jobs will result in fewer such jobs. In effect, the advice to fast-food workers—many of whom work full-time but still live in poverty—is to endure low wages because lousy pay is better
Blog
David Callahan