News and perspective on public policy issues affecting Washington's economy and quality of life, brought to you by the Economic Opportunity Institute.
A growing body of evidence shows that a minimum standard for paid sick days would not only improve people’s health – it would also save the nation’s bottom line. According to a recent report published by the National Institutes of Health: the absence of certain workplace policies, such as paid sick leave, confers a population-attributable [...]
Sightline’s Eric de Place pulls together recent research illustrating three very disturbing trends in U.S. income distribution: ossification – the rich are more likely to stay rich and the poor are more likely to stay poor; gentrification – older households are making dramatic economic gains relative to younger households; and concentration – an ever-smaller group [...]
[By John Burbank, Executive Director, EOI - cross-posted from The People's Pension] A secure and dignified retirement was a symbol of American middle class well-being – a hybrid product of government social insurance, the corporate social contract, and the post-World War II culture and ability to save, as opposed to the current economic reality of [...]
Every year, retirement seems out of reach for more Americans. According to a 2011 Gallup poll, 66% of Americans say their biggest financial concern is being unable to save enough money to retire – up from 53% in 2011. For the first time since the Great Depression, elderly poverty rates will likely increase and even [...]
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