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Despite Friday’s unemployment rate dropping to 5.9 percent nationally, New York City is still home to the dead-end kids. Half of the city’s 600,000 recent college graduates are either underemployed or out of work, according to New York Fed researchers. Most of this 50 percent are working in jobs

When people like me write about the middle class, it has nothing to do with envy or class warfare—two shopworn epithets that should be retired from the political lexicon. The condition of the middle class—its size, income and self-confidence—reveals the extent to which economic growth increases

Public colleges and universities took in $62 billion in tuition in 2013. These are schools that educate three of four American college students, and eliminating that entirely could be done just by rearranging what we already spend on student financial aid.

The FDIC estimates there are 10 million people living in the U.S. who do not have a bank account — that’s one out of every 13 households. Nearly 33 percent of people living in Starr County, TX can’t write a check. In one census district in Savannah, GA, over 42 percent of residents are unbanked. The

How bad a problem is inequality? Are working-class people getting screwed? Should we raise taxes on the rich? Is the United States, in short, a fundamentally unfair place? These are the questions that keep awake policy analysts and fuel endless dinner-party debates. But there's one group that is not

Democrats in tight races have found a new villain this election cycle: student debt. “It totally limits your options of what you can do,” said one student in an ad from Kentucky U.S. Senate candidate Alison Lundergan Grimes, who accuses Senate Minority Leader Mitch McConnell of having “turned his

By offering low-fee checking accounts, Walmart dares to go where most big banks won't. Few major financial institutions are willing to give lower-income Americans checking accounts these days -- without exorbitant fees. But, unlike the big banks, Walmart really needs low-income customers.

The most accurate threshold to enter the rarefied top 1% of wealthholders, $7,880,400, is almost three times as high as the Census estimates.

On Sept. 21, an estimated crowd of 100,000 people will flood the streets of Midtown Manhattan to march together on a single issue: climate change. The People’s Climate March, taking place two days before the UN’s global summit on climate, is the culmination of 6 months of planning and outreach by a

While the de Blasio administration and the City Council work through the details of a bill that would prohibit employers from reviewing the credit histories of potential hires, liberal advocates are pushing for passage of the strongest possible version of the legislation.