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Employer-sponsored plans such as 401(k)s are workers' best hope for a secure retirement. Critics of the 401(k) system contend that the plans weren't designed to be the foundation of a secure retirement and should be scrapped in favor of something tailor-made, while supporters of the system say it
In the media
Sheyna Steiner
Ian Ayres of Yale University has the 401(k) marketplace fuming.
In the media
John Rekenthaler
Employers don't want to look at the resumes of unemployed people. In fact, they don't even want those resumes sent to them. Some employers will actually do whatever it takes — without doing anything illegal — to prevent the unemployed from applying for positions at their company.
In the media
Vivian Giang
Low-wage workers employed under federal concession and lease agreements went on strike at Union Station on Thursday, calling on President Obama to guarantee them a living wage and a voice on the job.
Blog
Robert Hiltonsmith
When Governor Lincoln Chaffee signed the Temporary Care Giver’s Insurance law last week, Rhode Island became the third state—along with California and New Jersey—to grant paid time off to care for a sick loved one or a new baby. Rhode Island’s law, which goes into effect in 2014, will not only
In the media
Sharon Lerner
Well, that’s embarrassing. McDonald’s sample budget for its employees lays bare the reality of trying to make it on a food service job at $7.72 an hour (mildly above the federal minimum wage of $7.25).
Blog
Joseph Hines
Low-wage workers at the Smithsonian Institution in Washington, D.C. went on strike today. The striking workers are employed through private federal contractors—mostly vendors at federal buildings like the Smithsonian Museums, the Ronald Reagan Building and the International Trade Center. Although
In the media
Jeff Schuhrke
Three years ago, Antonio Vanegas took a job at a pita shop inside the food court at the Ronald Reagan Building and International Trade Center in D.C.
In the media
Dave Jamieson
For young people who look to the monthly jobs numbers for signs of hope for their future, the good news is in: that part-time, low-pay, no-benefits wait staffing job you always wanted is available for the summer.
Blog
Catherine Ruetschlin
Members of Congress are calling on the government to get out in front of the growing income gap by addressing the low wages paid within its own buildings. In a July 2 letter to President Barack Obama, 17 House Democrats said the government needs to take action toward the fair treatment and decent
In the media
Cogan Schneier