For young adults who entered the workforce between the start of the Great Recession in 2009 to the present, days spent searching for jobs — any jobs at all — have stretched into weeks, months and even years. This endless disappointment seems to be the new normal for a generation of young people who were once assured that if they graduated from high school, attended college and studied hard, they would enjoy gainful employment in the field of their choosing.
A higher federal minimum wage may be a pipe dream in a stalled Congress but with cities and states increasingly raising their own minimums and more workers protesting nationally, President Obama had to get in on the action. For workers employed by federal contractors only Obama issued an executive order this February raising the minimum wage to $10.10. But is that enough? Some of those workers didn’t think so.
A public policy group instrumental in a successful campaign to win a higher minimum wage for federal contract workers is now aiming at a larger target — federal contracting companies.
Demos, in a report released Wednesday, said Uncle Sam could better use his $1.3 trillion in purchasing power by pushing government contractors to improve conditions for their employees.
Once upon a time, the term “government job” was not synonymous with boondoggles, corruption or the perennial “waste, fraud and abuse.” During the New Deal, the state proudly created jobs and spent public money as a vital intervention to check the excesses of market capitalism. Today, the public is disgusted with both fiscal policy and the free market.
Did you know millions of Americans live with debt they can not control? That's why I've developed this unique new program for managing your debt. It's called Don't Buy Stuff You Can't Afford.
Another major retailer in the United States is giving a boost to its base salary, although the size of the increase will vary from state to state. On Thursday morning, the Swedish furniture retailer IKEA announced that it would be adopting a new wage structure which is expected to increase pay for about 50% of its American employees. The change in company policy will take effect on January 1, 2015.
Last month, IndexCreditCards.com asked, "Are you embarrassed by your credit card balances and credit score? " The question was prompted by a survey from the National Foundation for Credit Counseling that found three times more consumers being ashamed of their card balances than their weight.
President Barack Obama recently defied Republican threats to file suit against him for his use of executive orders. "If House Republicans are really concerned about me taking too many executive actions, the best solution to that is passing bills," the president said. "Pass a bill, solve a problem."
Nate Silver has already dubbed the 2014 election as "the least important in years." But this year's midterms are still breaking records for at least one thing: Secret political spending.
U.S. Attorney Preet Bharara vowed that he has the “fearlessness and independence” needed to investigate Albany corruption as Gov. Andrew M. Cuomo is accused of interfering with his own corruption commission.
“If other people aren’t going to do it, then we’re going to do it,” Bharara said on the PBS’ program “Charlie Rose."
Eliminating poverty seems like an impossibly utopian goal, but it's actually pretty easy: we can just give people enough money that they're above the poverty line. That idea, known as a basic income, has been around forever, but it's made a comeback in recent years.
If being a parent often feels like a constant juggling act, it can be that much more challenging for single parents. Between work and parenting, it can feel like there’s never enough time, energy or money for the things you want to do. And that feeling may extend to your credit too. You may barely have time to check your credit, much less fix it.
At this year’s Netroots Nation conference, where speakers included Democratic luminaries like Massachusetts Sen. Elizabeth Warren and Vice President Joe Biden, the honor of delivering the opening keynote address went to Rev. William Barber, the president of the North Carolina NAACP and the driving force behind the state’s Moral Mondays demonstrations.
If one speech captured the tenor of this year’s Netroots Nation, it was Barber’s.
“Movements never came from D.C. down,” he bellowed. “Movements always come from Birmingham up, from Montgomery up.”
Sharon Lerner, a senior fellow at the public policy organization Demos, has spent the past year interviewing a diverse sample of New Jersey employers about the effect of paid leave. Those who admitted they’d feared being deluged by workers abusing the policy said they’d learned such fears were unfounded. None of the employers in the survey reported that paid leave had negatively affected their company’s productivity, profitability, or turnover, and some reported improved morale.
In pledging $50-million to strengthen America’s "flailing democracy," the William and Flora Hewlett Foundation has stirred criticism among liberal groups that in doing so it has jettisoned some of its core values.
In its three-year "Madison Initiative," named after James Madison, an American founder who warned against the "mischiefs of faction," the foundation says it will support groups looking to make adjustments to the legislative process so Congress can perform its basic tasks like passing annual spending bills, says Daniel Stid, who will lead the effort for Hewlett.
When Walmart pays its workers so little that they need food stamps to survive, they're also investing in a steady profit stream. Even though their prices are roughly the same or even more than their local competition, Walmart's excessive marketing of "low prices" makes them a first-choice supermarket for people living in poverty, including their employees.
A year after a conservative U.S. Supreme Court majority gutted the crown jewel of the civil rights movement, the 1965 Voting Rights Act (VRA), the nation’s foremost voting rights attorneys say that racial discrimination in voting is rampant, especially in southern states where the the VRA helped to ensure access to the ballot.
Reformers in Washington are looking for a few good scandals.
Watergate led to the biggest overhaul of campaign finance law in the past century. Outrage over donors sleeping in the Lincoln Bedroom and Enron influence peddling helped spur the 2002 McCain-Feingold overhaul. And the Jack Abramoff affair got Congress to act quickly on lobbying and ethics reform.