Economic Security

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President Obama to Raise Minimum Wage for Federal Contractors, Emphasizes Shared Prosperity in SOTU

Thursday, January 30, 2014

In his State of the Union address on Tuesday, President Obama announced that he would increase the minimum wage to $10.10 for some federal contract workers, an order that some groups hope will propel forward the enactment of federal minimum wage legislation. “Last night’s State of the Union was most remarkable for President Obama’s emphasis … Read More

Categories: Economic Security, News

New Polling: Majority of Americans Believe Failure of Economy to Blame for Persistent Poverty

Wednesday, January 8, 2014

Fifty years after President Lyndon B. Johnson launched an “unconditional war on poverty” in his 1964 State of the Union address, most Americans believe that the failure of the economy to work for all keeps 46.5 million Americans in poverty and a third of Americans teetering on its brink. While one-quarter to one-third of Americans … Read More

Categories: Economic Security, News

Yellen Confirmed to Head Federal Reserve

Tuesday, January 7, 2014

The Senate voted Monday afternoon 56-26 to confirm Janet Yellen to head the Federal Reserve. Yellen is the first woman to fill the position and succeeds Ben Bernanke, whose second four-year term ends on January 31. The Federal Reserve is the country’s central banking system created just over 100 years ago to provide the nation … Read More

Categories: Economic Security, News

Senate Votes to Proceed with Unemployment Insurance Extension Bill

Tuesday, January 7, 2014

The Senate today passed a procedural vote (60-37) to allow consideration of a bill that would temporarily extend unemployment insurance for 1.3 million Americans struggling with long-term unemployment. The unemployment rate is at 7 percent, and the long-term unemployment rate (those who have been unemployed for 6 months or more) is still extremely high at … Read More

Categories: Economic Security, News

Half in Ten Campaign Releases New Report: Resetting the Poverty Debate: State of the States 2013

Thursday, December 19, 2013

As part of its annual reporting on data to track progress in its goal to cut poverty in half in 10 years, Half in Ten released a new report yesterday, “Resetting the Poverty Debate: State of the States 2013,” examining 14 indicators of economic security and opportunity at a state-by-state level. The new Half in Ten … Read More

Categories: Economic Security, News