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Friday’s employment report from the Bureau of Labor Statistics shows that the labor market has built up little steam over the course of the year, with July job gains that put us on course to reach full employment in 2020. For young adults, waiting another 7 years just to get on track means
Blog
Catherine Ruetschlin

 $1 trillion in outstanding student loan debt will lead to total lifetime wealth loss of $4 trillion for indebted households.

Research
Robert Hiltonsmith
The fast food worker strikes have become an occasion to repeat age-old arguments that raising pay for low-skilled jobs will result in fewer such jobs. In effect, the advice to fast-food workers—many of whom work full-time but still live in poverty—is to endure low wages because lousy pay is better
Blog
David Callahan
Low wage workers and their advocates have been pushing for a paid sick leave bill for almost eight years in Massachusetts, where it’s still legal for an employer to fire workers for taking time off due to sickness or injury. The latest bill, introduced by Democratic State Senator Dan Wolf was
Blog
Ilana Novick
As Americans enter old age, elders and their loved ones alike hope they will be able to remain as independent as possible. Nursing facilities are very expensive, and people prefer to grow older at home as long as they can. Currently, four out of five elders in need oflong-term care live at home in
Blog
Sandra Butler
The National Center for Missing and Exploited Children (NCMEC) has, ironically, found that exploiting children turns a profit. It has been doing so since its creation in 1984 under Ronald Reagan, who created the quasi-governmental agency. It enjoys liberal funding from the Department of Justice and
Blog
Thomas Hedges
Business is booming. Employers are hiring. Job growth is soaring. Profits are near record levels. All true, at least in the retail and restaurant industries. New jobs numbers released Friday show that 47,000 jobs were added in retail in July, and 38,000 jobs were added in food and drinking places
Blog
David Callahan
It's not so depressing if you think of it as 200,000 fewer purchases from The Dollar Tree over the course of forever. Currently, the average student debt balance for a household headed by two college graduates is $53,000, and according to a new study by research organization Demos, those households
In the media
Michaela Gianotti
I value what my dad thinks about things like romance and politics, but I avoid talking to him about education. The university of his memory is generous and forgiving; the student-debt-financial complex of my current experience is not. Example: he could've discharged his education debt in bankruptcy
Blog
Jack Grauer
Seventy years ago, when leaders like James Conant were pushing for a meritocratic education system, they argued that narrow and entrenched privilege was the enemy of prosperity. Why? Because it gave the best opportunities to unexceptional rich WASPs while leaving America's best human capital off the
Blog
David Callahan