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Groups of workers employed in service jobs at federal buildings around D.C. are picketing this morning outside the landmark sites at which they are employed over their low wages. The protest, organized by a new group calling itself Good Jobs Nation, includes people who work at federal building food
In the media
Benjamin R. Freed
The Senate confirmation vote on Richard Cordray this week won’t have much to do with Richard Cordray.
Blog
Amy Traub
Though Americans of all ages suffered as a result of the Great Recession, the downturn dealt a particularly harsh blow to young people, as employers opted for suddenly plentiful workers with more experience. As a result, nearly half of the nation’s unemployed are under 34 years old, according to an
In the media
Jillian Berman
New rules to regulate derivatives, adopted last week by the Commodity Futures Trading Commission, are a victory for Wall Street and a setback for financial reform. They may also signal worse things to come.
In the media
The Editorial Board
The retail and restaurant sector – two primary employers of low-wage workers – receive larger public subsidies than the fossil fuel industry in the form of public assistance for the working poor.
Blog
David Callahan
Image
McDonald's wall painting
Fast food workers have organized a series of one-day strikes in cities across the country, calling for better pay and union representation.
Blog
Amy Traub
Previous research has found that the majority of the jobs added to the economy since the end of the recession pay low wages. Middle-wage and high-wage jobs haven’t seen nearly the same rate of growth, meaning that the economy has traded comfortable jobs for those that merely allow workers to scrape
In the media
Bryce Covert
At the very least, argues a recent report from Demos, the American government owes employees on its payroll a livable wage. Demos, a research and policy center focused on economic stability, defines low-wage work as “a job paying $12 an hour or less, equivalent to an annual income of about $24,000
In the media
Dan Ritter
This week has delivered two economic surprises that illustrate the right way and the wrong way to respond to the worst economic disaster since the Great Depression. First, the euro zone economy shrank more than expected in the past three months, moving France back into a recession. That's what
Blog
David Callahan
With Jamie Dimon under growing fire from shareholders of JP Morgan Chase, one possibility is that he may relinquish his role as chairman of the board but remain as CEO. That raises an interesting question: Why does Dimon hold both jobs to begin with?
Blog
David Callahan