Much of the current ballyhoo in higher-education circles has centered on President Obama's announcement earlier this year to make community college free for all Americans "willing to work for it." The move, however, is a part of a larger suite of reforms that the White House hopes will make college more affordable and accessible.
For companies hiring staff, pitches from online security firms sound appealing enough: Running a credit check before signing up a new employee will “offer insight into an applicant’s reliability and a sense of their personal responsibility,” insists employeescreen.com.
Another security firm swears employers using credit checks will “find out what you need to know.”
Two of the most commonly cited reasons for the lack of more liberal policymaking in the United States are the decline in unions and the rising class bias in voter turnout. In the 2014 midterm congressional elections, the Democrats’ rout was largely attributed to a failure of their coalition to turn out at the polls. What is rarely examined, however, is the relationship between a decline in voter turnout and the dwindling number of union members.
Boosting the federal minimum wage would be great news for the workers who’d receive a higher paycheck. Not so much for those who’d be out of a job. That anxiety sums up much of the debate around increasing the minimum wage.
To prepare for “snowmageddon,” Ana Navarrete stocked up on diapers Monday afternoon. She and her ex-boyfriend, Pedro Blanco, perused the baby aisle of a CVS drug store, having left their two-month-old son with a babysitter.
As the snow piled up on Hillside Avenue, Navarrete thought about her imminent commute. She works nights, 8 p.m. to 1 a.m., as a hotel maid on Long Island, about 25 miles east. She drives 60 minutes each way — much longer in the snow — for just $8.50 per hour, 25 cents below the state minimum wage. [...]
Given that low-income households often don’t have the luxury of professional tax preparation, the tax system might be a particularly brutal delivery mechanism for them. Nowhere is this more apparent than how we currently subsidize the cost of college at tax time.
President Obama this week touted new ways to help students pay for college, but he also proposed stripping away a popular benefit: a significant tax advantage of college savings plans used by millions of American families.
How would you fare with President Obama’s State of the Union middle-class economics proposals to “turn the page” if you’re 50 or older? It depends. [...]
Today, President Obama announced a proposal to make two years of community college tuition-free. It’s a big deal. But it would be just as powerful a signal if we promised students a debt-free system of public higher education, one that could be financed entirely through part-time or summer work and modest savings.
The holiday shopping season is the best time of the year for big retail chains across the United States. But not so much for the people who stock the shelves and ring up the Christmas sales.
As holiday gift-seeking shoppers return, retail businesses are hiring. But that does not necessarily mean employees are finding good jobs. In fact, if you find work in the slow-growing U.S. economy, it’s increasingly likely to be a low-wage job at one of our country’s retail giants.
That's the estimated number of Americans who would stand to benefit from raising the minimum wage from $7.25 to $10.10 an hour.
And this year there were many signs that those who struggle the most have reason for optimism: 2014 has seen an explosion in activity around raising the minimum wage.
One of the issues that helped fuel last week's national fast-food workers strikes is the growing income disparity between rank-and-file workers and the chief executives in charge of those multi-billion-dollar companies.
While Corinthian and its campuses may downsize or disappear completely, we should be concerned the students who attended its campuses and are currently in no man’s land.
Nearly half of the nation's employers investigate job applicants' credit histories as a condition of employment.
As a result, New Yorkers struggling with debt -- medical bills, school loans or car payments -- are often shut out of jobs. This unfair barrier to employment can be dismantled by outlawing employment credit checks.
Democratic Council Members Brad Lander of Brooklyn and Debi Rose of Staten Island have introduced a bill that would ban such checks in hiring except when required by state or federal laws. The measure is supported by 40 council members.
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 have yet to succeed in enacting these measures, but they vow to keep pressing the issue. [...]
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 19th century.
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.