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(New York, New York) – Today the national public policy organization Demos and The National Council of La Raza (NCLR) released a new report that explores the use of credit cards and the impact of debt on Latino households in America. The housing crash resulted in a tremendous loss of wealth in the
Press release/statement
The soaring pay of corporate chief executives is spurring efforts to pass laws to limit their compensation and close the widening gap in earnings between workers and top executives. Such laws have been proposed in at least three states, including Massachusetts, as well as in Switzerland. Proponents
In the media
Katie Johnston

Connecticut’s investment in higher education has decreased considerably over the past two decades, and its financial aid programs, though still some of the country’s most expansive, fail to reach many students with financial need.

Research
Mark Huelsman
Robert Hiltonsmith
This past Friday, in a speech to the Federal Reserve Bank of Boston, the Federal Reserve Chair, Janet Yellen, spoke out on the evils of economic inequality in the United States. She noted that the steady growth in inequality over the past several decades represents the most sustained rise since the
Blog
Ben Peck
For a moment last week, it looked like Walmart CEOs were getting enlightened. The company promised to “ end minimum-wage pay” for its lowest-paid sales workers and touted a plan to ‘”invest in its associate base” and maybe even offer more bonus opportunities.
In the media
Michelle Chen
Today, Vice President Biden and others from the Obama administration, are meeting with human-resource executives from companies that are part of the president’s effort to address the problem of long-term unemployment, including Citigroup Inc., CVS Caremark Corp. and Boeing
Blog
Ben Peck
Six years after America sank into the deepest economic downturn since the 1930s, the jobless rate has fallen to 5.9 percent, the lowest since July 2008. But one demographic group — African-American men — seems to be stuck in a permanent recession.
In the media
Reniqua Allen
For decades, free high-school education helped strengthen the middle class and generate prosperity. So isn’t it time to extend the same thinking to college?
In the media
Rick Newman
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
In the media
John Aidan Byrne
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
In the media
William Galston