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NEW YORK, NY – With much attention on labor strikes spreading across the country to protest low pay and poor working conditions in the retail and fast food industries, national public policy center Demos releases a new report today documenting a surprising part of the economy where low wages are
Press release/statement
Bet if I asked, the odds are good that many people could tell me to the penny what they just paid for a gallon of gas. So how much did it cost you to invest in your 401(k) last year? I don't know myself. And you likely don't know either. Over the years, most of us have heard that if we just start
In the media
Susan Tompor
I watched the disturbing Frontline documentary on PBS, The Retirement Gamble, and not surprisingly, I got to thinking about the fees I pay for investing in my retirement accounts.
In the media
Kerry Hannon
Representative Martha Roby has an op-ed in Politico today making the case for her “Working Families Flexibility Act.” The bill would allow businesses to pay their workers in comp time, rather than higher wages, for the overtime hours they work. Roby has argued that her bill would make it easier for
Blog
Brenden Timpe
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