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Erica Jackson has just moved into her house in Cypress with her two boys. Despite a well-paying job, it’s the first home that the 36-year-old has been able to purchase – thanks to a counseling agency called Neighborhood Assistance Corporation of America. The group helped her to control her spending
In the media
Florian Martin
Today, Demos President Heather McGhee joined Mayor De Blasio and other progressive leaders and activists in the unveiling of a new initiative to make income inequality a central issue of the 2016 election cycle.
Blog
Gwyn Ellsworth
A recent report titled “The Racial Wealth Gap” examined, in conjunction with other factors, the role education plays in the persistent wealth gap between minorities and their White counterparts in this country.
In the media
Autumn A. Arnett
Protesters are angry that the Oak Brook, Ill., company won't improve wages for employees at franchises, which make up 90% of McDonald's roughly 14,000 U.S. stores. Even for the 90,000 workers at company-owned stores who will see their paychecks increase to at least $1 above local hourly minimum
In the media
Tiffany Hsu
Shan Li
“Put some mustard on it.” That’s the advice that Chicago McDonald’s worker Brittney Berry allegedly received from her manager after suffering a scalding burn on her arm from the grill used to make eggs. And this was no minor burn – she was eventually taken to the hospital in an ambulance, and had to
In the media
Catherine Ruetschlin
NEW YORK ( MainStreet) — When you stepped foot in your first job out of college, you may have heeded the conventional wisdom and opened a 401(k) account. But you may not have been aware that these retirement accounts don’t come for free.(...)
In the media
Rebecca Borison
The racial wealth gap in the United States is stark. The median white household has $111,145 in wealth holdings, compared to $7,113 for the median black household and $8,348 for the median Latino household, according to a recent study called The Racial Wealth Gap: Why Policy Matters. [...]
In the media
Laura Shin
The United States is becoming much more racially and ethnically diverse. At the same time, it’s becoming more unequal in terms of wealth and income.
In the media
Laura Shin
There’s no scenario in which freezing Pell Grant awards is a good idea.
Blog
Mark Huelsman
Owning a home, then equal pay for equal work, and then having a college degree are the three factors that can make the biggest difference in closing the racial wealth gap, which is how non-whites in America are vastly less wealthy than most whites. If blacks and Latinos owned homes as widely as
In the media
Steven Rosenfeld