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NerdWallet underlies its findings with a report by public policy organization Demos from last summer, which added the further frightening fact that among folks investing in 401(k) plans, a full two-thirds had no idea they were paying anything at all for their 401(k) (which actually makes all of the
In the media
Wall Street has made it far more likely that you will spend at least some of your golden years eating Fancy Feast.
In the media
Mark Gongloff
The advocacy group Small Business Majority is out this morning with a new survey that bolsters efforts to raise the minimum wage. President Obama ignited the debate earlier this year when he proposed raising the hourly minimum wage from $7.25 to $9, arguing that it would help working families
Blog
Brenden Timpe
Martin Smith, an Emmy-winning correspondent for PBS’ Frontline, is worried about his retirement — and yours.
In the media
Richard Eisenberg
It’s been a good week for the 23,000 people who work for one U.S. retail chain. Even as the national economy continued to plod along and the unemployment rate remained disturbingly high, Hobby Lobby announced it is upping its minimum hourly wage to $14 for full-time employees and $9.50 for part-time
Blog
Brenden Timpe
The President’s attention in his proposed budget to the challenges faced by unemployed young workers is encouraging. His proposal for a “Pathways Back to Work Fund” would make $12.5 billion available to create and/or subsidize jobs for younger as well as older unemployed workers.
Blog
Ben Peck
After a bruising election in which their standard-bearer became a symbol of wealth and privilege, Republicans are emerging as born-again champions of the common people. The latest proposal in the House, the “Working Families Flexibility Act,” is billed as a pro-worker proposal that will let mom bank
Blog
Brenden Timpe
Like many New Yorkers, Hazel B. of Queens struggled to get by after she was laid off from her job as an accounts receivable administrator. A single mother of two, Hazel relied on credit cards to make ends meet while she looked for work. Finally, she found a job opening that looked promising. She
In the media
Amy Traub
Daniel Garodnick
Another month of weak job growth seems especially cruel after the greater-than-expected employment gains in February. But workers were already onto the trend, leaving the labor market in droves throughout March despite the anomaly of a statistical surge in hiring the month before.
Blog
Catherine Ruetschlin
NEW YORK, NY – In advance of the release of this month’s job figures, national public policy center Demos today issued a new report analyzing the lasting economic effects of youth unemployment.
Press release/statement