If the private equity industry wants to be seen as a force for good, it's going to have to stop engaging in the kind of financial engineering that weakens companies but still assures a handsome payday for a few owners.
The real story about income inequality is what progressive activists are doing about it, says the co-chair of the Congressional Progressive Caucus. The latest wave of action will confront "wage theft."
Even though we’re five years into recovery from the 2007-2008 recession, many Latino registered voters still feel the effects of the recession and remain worried about their futures.
As corporations have become more powerful (without unions to keep them in check), workers have become more vulnerable to being trapped in unpredictable work schedules – none so more than women.
As a "Live the Wage Challenge" highlights the struggle of living on the minimum wage, a campaign is beginning around legislation to curb work schedule abuses that make life even harder for low-wage workers.
House Democrats released their 2014 election year agenda Wednesday. It received virtually no news coverage. But it represents a first step in defining the terms of the election for voters on the vital issue of the economy.
An appropriations amendment by Rep. Alan Grayson would have required the federal government to pay a minimum wage of $10.10 an hour to its employees. A Republican opponent offered an absurd objection.
CAF today called on members of Congress to "quickly renew robust, long-term funding for the Highway Trust Fund" as the House prepares to vote on a short-term fix and the White House launches a public relations offensive.
Conservatives have blocked every significant plan for investing in jobs and growth since the stimulus. Their program – conservative austerity – has so damaged the recovery it deserves to be called what it is: economic sabotage.
Members of both parties in both houses have elected to reduce the debate over transportation spending to a discussion of the size and material of the Band-Aid, rather than what it would take to cure the patient.
The rallying point is Michigan Democratic Rep. John Conyers' Humphrey-Hawkins Full Employment and Training Act: "It's past time for our government to make creating jobs and full employment a human right."
The decision of the right-wing majority on the U.S. Supreme Court last week in the Harris v. Quinn case is another example of the one percent’s unrelenting erosion of the 99 percent’s economic independence.
With the federal government stymied in its ability to help state and local governments launch long-term public infrastructure projects, we're seeing the ripple effects in the employment statistics.
The Bureau of Labor Services reports an increase in 288,000 jobs in June, a greater than expected number that will cheer investors. But perverse political malpractice continues to get in the way of the recovery we need.
The Supreme Court's gang of five has piled onto the war on workers and their unions. It's time to strike back. President Obama can lead with a Good Jobs Executive Order.
The Highway Trust Fund is about to run out of money in August unless Congress takes action to appropriate more money. President Obama went to an aging bridge to call on Americans to make themselves heard.
The workers can still join unions. They can still collectively bargain. The union is still their sole bargaining agent. They just don't have to pay for the union's services because that violates their "free speech."
Workers in the United States don't make double what workers make in Japan or Switzerland. Why should U.S. CEOs routinely make double — and often much more — than Japanese and Swiss top execs?
The Senate minority leader thinks the best way to help pay for a $2.7 billion bridge rebuilding project in Kentucky is to stiff the workers who would do the work. A poll shows that idea is wildly unpopular.
The Young Invincibles' report, "Closing the Race Gap: Alleviating Young African American Unemployment through Education," offers solutions to racial disparities in higher education and the job market.
As Washington wades into another debate over extending unemployment insurance benefits, millions of jobless Americans are waiting for our elected leaders to finally get around to focusing on jobs.
A stalled effort to get a transportation funding bill through a Senate committee is the latest sign that congressional Republicans won't stop playing the zero-sum austerity game.
Sen. Sherrod Brown rejects a repatriation tax holiday and instead proposes a different short-term solution for the Highway Trust Fund that would have long-term benefits for workers.
Legislation introduced Tuesday would restart unemployment benefits for more than 3 million unemployed. But what the long-term unemployed really want and need is our focus on creating more jobs.
At a panel on "The Next America," Sen. Tim Scott (R-S.C.) perfectly demonstrated the primary barrier to bettering the economic situation of most racial and ethnic minorities in America.
The Hamilton Project at the Brookings Institute began a two-day summit June 19 entitled "Addressing America’s Poverty Crisis." One panel focused on minimum wage policies and work-sharing.
As a Summit on Working Families was underway at the White House to talk about how to address the struggles of workers, 200 women who work for federal contractors staged a protest.
A leading House Democrat says that making it harder for corporations to use overseas affiliates to avoid paying U.S. corporate taxes would help shore up a fund for transportation projects that's about to run dry.
Just as the White House was registering its opposition to a corporate tax holiday for companies that are sheltering profits overseas, a House Democrat was selling the proposal in a campaign ad.
President Obama could sign an executive order today that would help halt wage theft and place over 20 million Americans on a pathway to the middle class, according to a report by the think tank Demos.
A plan unveiled today to keep the federal fund that pays for surface transportation projects from drying up within the next two months comes with some plain truth that Republicans keep trying to avoid.
The restaurant industry is the single biggest source of sexual harassment claims. Placing women in the position of having to please customers and employers for tips is a big part of the problem.
The U.S. Treasury secretary gave a major speech on the economy. The discussion that followed reveals much about the disconnect between financial/political elites and the rest of us.
AFL-CIO President Richard Trumka characterizes his vision of a progressive and populist-oriented labor coalition, not as a modern innovation, but as a return to labor’s roots.
The vote House Republicans cast Tuesday night to sharply limit funding for the nation's transportation projects was a missed opportunity to offer relief to the jobless as well as those stuck in traffic.
Jobs were up 217,000, as predicted, a rate that won't reduce the nearly 20 million Americans in need of full-time work, and won't boost wages to meet the rising prices of necessities. It's a snapshot. But it isn't sunny.
Low wage jobs drive a race to the bottom as people pull back, forcing more layoffs and wage cuts. But America has been replacing good-paying jobs with low-wage jobs for decades. It's time to raise America's pay.
A group of senators meets Wednesday to discuss sources of federal funding for transportation projects. Let's hope they come up with something better than the stinker left by the House Republican leadership.
Congress figured that investors have the right to know when CEOs are shoving such big hunks of the corporate profit pie into their maws that workers are starved and investors cheated.
The economy's decline during the first three months of the year is the product of Republican obstruction of any measure that might put people to work, aided and abetted by Democratic absence from the battlefield.