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While the attention of Connecticut's legislature has been occupied by the recent budget battles, an even larger crisis has been brewing: retirement security.
In the media
Miles Rapoport
Say you’ve got a booming industry, one that already employs 2 million workers in the U.S. and is poised to add 1.3 million additional jobs by 2020. Imagine that the jobs cannot be off-shored, that the work helps decrease federal deficits, and millions of Americans depend on the industry just to get
In the media
Amy Traub
Some youngsters want to grow up to become artists or athletes or firefighters. Some want to be doctors or dancers. Charles Walker wanted to own a supermarket. “Ever since I can remember, I wanted my own grocery store,” he said over lunch on a quiet afternoon in snowbound Detroit last year. To Walker
In the media
Bob Herbert
State government should offer a retirement plan to the increasing number of people whose companies don't provide a pension or a 401(k) savings program, labor groups and other advocates this week told a legislative panel. The Labor and Public Employees Committee has raised a bill that would create a
In the media
“It’s a disgrace that this is happening in a country as rich as ours,” former New York Times op-ed columnist Bob Herbert said, describing what he called a “massive employment crisis” in the U.S. Herbert, a Distinguished Senior Fellow at the economic equality think tank Demos, delivered his lecture
In the media
Jennifer Wilmore
NEW YORK – Today Demos applauded the announcement by New York City Comptroller John Liu of a new proposal for the creation of “New York City Personal Retirement Accounts.” These accounts would be both a historic achievement and a huge step towards enabling millions of New York City workers to obtain
Press release/statement
Job-seekers beware — whether you're applying to do maintenance work in Denver, telephone tech support in Littleton, plumbing in Fort Collins, work as a home care aide in Aurora, or even just scoop frozen yogurt in Colorado Springs — there's one qualification you'll need regardless of your skills or
In the media
Amy Traub
New York, NY--Demos views the mortgage servicing deal reached today between a coalition of state Attorneys General and 5 major Wall Street banks as an important stepping stone in the effort to secure justice for homeowners victimized by the foreclosure crisis.
Press release/statement
Unemployment and underemployment persist even in the best of times, as workers “churn” through the labor market seeking better opportunities and higher wages. But this is not the best of times, and the unemployment and underemployment faced by young people today is not pushing us toward better
In the media
Catherine Ruetschlin
Demos applauds the Department of Labor’s and Treasury Department’s announcements on Friday of several rule changes that would make it easier for some Americans to protect themselves against the risk of outliving their retirement savings when they retire.
Press release/statement