$20 Million severance fund started for Toys R Us workers
A campaign supported by the advocacy groups Center for Popular Democracy and Gleason's group applauded the move in a news release as "the first important step in ensuring that Toys R Us employees...
A campaign supported by the advocacy groups Center for Popular Democracy and Gleason's group applauded the move in a news release as "the first important step in ensuring that Toys R Us employees who lost their livelihood receive the support they were promised."
Read the full article here.
FOMC Is Wrong to Plan Rate Hikes for 2016
03.16.2016
Today, the FOMC announced that it will not be raising interest rates this month, which is a good thing. But at the same time, via its dot plot, the...
03.16.2016
Today, the FOMC announced that it will not be raising interest rates this month, which is a good thing. But at the same time, via its dot plot, the committee showed consensus in favor of raising interest rates during 2016. Today’s projections threaten employment and salaries for working families, particular from Black and Latino communities, and will bring real harm if they come to pass. Last week, low-income people of color across the country took the unprecedented step of flyering outside their regional Fed banks before the regional presidents traveled to DC for the FOMC meeting, urging them to “Connect the Dots” and not predict rate hikes in 2016 on their dot plots.
Dushaw Hockett, executive director of SPACEs, a community-based organization in Washington, DC that is part of the Fed Up Coalition, released the following statement in response to the FOMC announcement:
“Over the past seven years, the Fed has repeatedly over-estimated the health of the economy and over-estimated the likelihood of rate hikes – and that has only served to make the recovery weaker.[1] This month’s dot plot prediction is more of the same: once again the Fed is ignoring the real signs of weakness in the economy, particularly for Black and Latino communities, who haven’t had a recovery at all.
“The Fed needs to connect the dots with reality: involuntary part-time work is still almost double pre-recession levels, labor force participation rates are still low, Black unemployment is more than double white unemployment and Latino unemployment and underemployment is still at crisis levels, and wage growth is almost non-existent. A dot plot that ignores these realities actually slows down the economy by tightening credit markets. Recent data shows that there is plenty of room for the economy to grow. Rather than slowing down progress, the Fed should do all it can to facilitate growth in 2016 and beyond.”
# # #
www.populardemocracy.org
The Center for Popular Democracy promotes equity, opportunity, and a dynamic democracy in partnership with innovative base-building organizations, organizing networks and alliances, and progressive unions across the country. CPD builds the strength and capacity of democratic organizations to envision and advance a pro-worker, pro-immigrant, racial justice agenda. www.whatrecovery.com Fed Up is a coalition of community organizations and labor unions across the country, campaigning for the Federal Reserve to adopt pro-worker policies for the rest of us. The Fed can keep interest rates low, give the economy a fair chance to recover, and prioritize full employment and rising wages.
Press Contact: Anita Jain, ajain@populardemocracy.org, 347-636-9761
[1] See Ylan Mui, The economy never seems to be as good as the Fed thinks it will be, Washington Post (Sept. 15, 2015) and Narayana Kocherlakota, Dovish Actions Require Dovish Talk (To Be Effective), Blog Post (Feb. 4, 2016).
Where Trump’s Policies Sow Fear, New Campaign Argues, "Corporate Backers of Hate" Stand to Profit
![](/sites/default/files/newsdefault.jpg)
Where Trump’s Policies Sow Fear, New Campaign Argues, "Corporate Backers of Hate" Stand to Profit
Last month, immigrant and workers’ rights groups, led by the Center for Popular Democracy and Make the Road New York, launched the “Corporate Backers of Hate” campaign. The groups are targeting ...
Last month, immigrant and workers’ rights groups, led by the Center for Popular Democracy and Make the Road New York, launched the “Corporate Backers of Hate” campaign. The groups are targeting nine corporations that, activists argue, stand to profit off of policies pushed by President Donald Trump. These include several companies whose CEOs sit on the president’s Business Council.
“We are launching this campaign today because we know the extent to which President Trump is able to implement his anti-immigrant, anti-worker agenda actually depends heavily on how much collaboration he is able to muster,” said Ana Maria Archila, co-executive director of the Center for Popular Democracy, during a press conference. “On immigration, for instance, the White House will rely on the work of private companies to provide the funding, software, and manpower to ramp up deportations, to build detention facilities, and to build a border wall.”
Read the full article here.
Activists Call for End to ‘Economic Racism’
The St. Louis American - March 12, 2014, by Rebecca Rivas - African-American residents are sick and tired of hearing about an economic recovery that does not apply to them, said Derek Laney, an...
The St. Louis American - March 12, 2014, by Rebecca Rivas - African-American residents are sick and tired of hearing about an economic recovery that does not apply to them, said Derek Laney, an organizer for Missourians Organizing for Reform and Empowerment.
In St. Louis, the unemployment rates for the black community remains triple the rate of white residents, 14.1 percent for blacks compared to 5.7 percent for whites, he said. However, some economists claim that the economy is rapidly approaching full employment.
“Is there only one set of the population that matters?” Laney said. “And if they are all right, we’re all right? That’s something we can’t accept.”
On Thursday, March 5, activists attempted to ask James Bullard, the president of the Federal Reserve Bank of St. Louis, those same questions. At noon, a coalition of community-based organizations, faith leaders, elected officials, labor unions and service organizations gathered in front of the St. Louis Fed in downtown St. Louis as a part of the national Fed Up Campaign (whatrecovery.org).
They pointed to a new report by the Center for Popular Democracy released this month that details the difficulties for African-American families to find living-wage employment. The report is titled, “Wall Street, Main Street, and Martin Luther King Jr. Boulevard: Why African Americans Must Not Be Left Out of the Federal Reserve’s Full-Employment Mandate.”
In response to the protest, a St. Louis Fed spokeswoman stated in an email to The St. Louis American: “We are aware of the protest at the St. Louis Fed and respect people’s right to protest peacefully.”
The coalition asked Bullard to prioritize full employment and rising wages for all communities. Laney said as the economy starts to recover, some are calling for the Fed to raise interest rates to prevent wages from rising – which would severely impact families still struggling to recover from the Great Recession. In mid-March, the St. Louis Fed and its leaders will meet to discuss policy. Laney said they hoped the action will help “shape those discussions.”
The report emphasizes that the Federal Reserve is responsible for keeping inflation stable, regulating the financial system and ensuring full employment.
“These mandates reflect the tension between the interests of Wall Street on the one hand and Main Street and Martin Luther King Jr. Boulevard on the other,” the report states. “As a general matter, corporate and finance executives want to limit wage growth – or, as they call it, ‘wage inflation’ – and to maximize their future profits from lending money.”
The report argues that in past decades, the Federal Reserve resolved this tension in favor of banks and corporations, intentionally limiting wage growth and keeping unemployment excessively high.
“The Fed’s policy choices over the past 35 years have led to increased inequality, stagnant or falling wages, and an American Dream that is inaccessible to tens of millions of families – particularly black families,” the report states.
Since the Ferguson movement began, many local and national leaders have emphasized the need to address the “structural racism” in the region.
“Economic racism cannot be delinked from racism by law enforcement and other governmental entities,” according to the coalition’s statement. “However, James Bullard has been silent on issues of economics and their impacts on communities of color in the region over the past seven months. Today, we are bringing these issues to his front door.”
Source
Schedules that Work Act Reintroduced Amidst National Groundswell for a Fair Workweek
*For Planning Purposes Only*
Contact: Ricardo A. Ramírez, rramirez@populardemocracy.org, 202-464-7376
Congress will reintroduce...
*For Planning Purposes Only*
Contact: Ricardo A. Ramírez, rramirez@populardemocracy.org, 202-464-7376
Congress will reintroduce the “Schedules that Work Act,” which has increased support, reflecting a growing traction among leading legislators including Senators Warren, Murray, Baldwin, Murphy, Schumer, Brown and Franken and Representatives DeLauro and Scott.
The Center for Popular Democracy released the following statement:
“The Schedules that Work Act is path-breaking legislation in the national movement to update workplace protections with common sense solutions for the challenges faced by the majority of Americans who are working by the hour,” said Carrie Gleason, director of the Fair Workweek Initiative at the Center for Popular Democracy. “The introduction of this bill comes amid a growing national movement of working people in states and cities across the country who are declaring that their time counts. Working Americans increasingly struggle with unpredictable hours that change week to week and have too little say in the schedules that have become a moving target. In twelve states, legislators have responded to the needs of working families by introducing fair workweek legislation, including in cities like Albuquerque, Minneapolis, and Washington DC. As political momentum grows for these new labor standards, employers are also facing increasing pressure to reform their scheduling practices with major retailers – like Victoria’s Secret and the GAP - facing scrutiny regarding their use of unpaid on-call shifts.”
"As a night student with two jobs, having to learn about my schedule with only a week’s notice is hard,” said Ciera Moran, a Starbucks worker in New Haven, Connecticut who is working with Make the Road Connecticut. “Often I get very little sleep, and sometimes I have to scramble to get enough hours and make ends meet. A fair workweek means that I get the advance notice I need to pay my bills, get an education, and plan my future. I deserve a fair workweek and I know that the only way we get it is if workers come together and speak out."
"Across the country, parents working hourly jobs, particularly women, are increasingly struggling to balance their families with the chaos of unpredictable work schedules they can't control," said Anthony Newby, executive director of Neighborhoods Organizing for Change in Minnesota. “Here in Minneapolis, we are organizing to pass citywide fair scheduling policies before the end of the year. As this week’s event will show, our families are energized and won’t back down until we obtain a workweek we can count on.”
As the Schedules That Work Act moves through Congress, state and municipal campaigns are taking off across the country. On Wednesday, 200 workers with Neighborhoods Organizing for Change and other labor and community groups will march to City Hall in Minneapolis to release a report highlighting the scheduling crisis in Minneapolis and the need for policy solutions. They will be unveiling groundbreaking new data about the effect of unpredictable scheduling in Minneapolis neighborhoods.
Workers involved with CPD’s community partners and the Fair Workweek Initiative in Minneapolis, Albuquerque and across the country are available to talk to the media. Interested reporters can request an interview by writing an email to press@populardemocracy.org.
###
The Fair Workweek Initiative (FWI), a collaborative effort anchored by the Center for Popular Democracy (CPD), is bringing together leading worker, community and policy organizations across the country to raise industry standards and develop, drive and win policy solutions that achieve a workweek working families can count on.
The Center for Popular Democracy promotes equity, opportunity, and a dynamic democracy in partnership with innovative base-building organizations, organizing networks and alliances, and progressive unions across the country. CPD builds the strength and capacity of democratic organizations to envision and advance a pro-worker, pro-immigrant, racial justice agenda.
It’s Time to Put the Brakes on Runaway Drug Prices
![](/sites/default/files/newsdefault.jpg)
It’s Time to Put the Brakes on Runaway Drug Prices
The movement against ICE is born at the grassroots. Groups like Indivisible Project and the Center for Popular Democracy have also called for defunding ICE.
...
The movement against ICE is born at the grassroots. Groups like Indivisible Project and the Center for Popular Democracy have also called for defunding ICE.
Read the full article here.
Wells Fargo, JP Morgan Stand to Profit from Trump’s ‘Zero Tolerance’ Policies, Report Says
![](/sites/default/files/newsdefault.jpg)
Wells Fargo, JP Morgan Stand to Profit from Trump’s ‘Zero Tolerance’ Policies, Report Says
A new report released by Make the Road New York and the Center for Popular Democracy confirmed that Trump’s “zero tolerance” immigration policy can mean racking up dollars for financial...
A new report released by Make the Road New York and the Center for Popular Democracy confirmed that Trump’s “zero tolerance” immigration policy can mean racking up dollars for financial beneficiaries.
Read the full article here.
Six national retailers agree to stop using on-call shift scheduling tactics
![](/sites/default/files/newsdefault.jpg)
Six national retailers agree to stop using on-call shift scheduling tactics
NEW YORK (Legal Newsline) — New York Attorney General Eric T. Schneiderman announced Dec. 20 that six major retailers have agreed to stop using on-call shift scheduling after an inquiry by a...
NEW YORK (Legal Newsline) — New York Attorney General Eric T. Schneiderman announced Dec. 20 that six major retailers have agreed to stop using on-call shift scheduling after an inquiry by a multistate coalition of attorneys general.
On-call shifts involve employees calling their employers, usually a couple hours before they are supposed to attend work, to see if they will be scheduled to work or not. According to Schneiderman’s office, as many as 50,000 workers nationwide will benefit from this policy change.
“On-call shifts are not a business necessity and should be a thing of the past," Schneiderman said. "People should not have to keep the day open, arrange for child care, and give up other opportunities without being compensated for their time. I am pleased that these companies have stepped up to the plate and agreed to stop using this unfair method of scheduling.”
The six companies that agreed to stop the practice are Aeropostale, Carter’s, David’s Tea, Disney, PacSun and Zumiez. These companies were among 15 large retailers that received the coalition’s inquiry.
"This latest announcement shows the sweeping positive impact that Attorney General Schneiderman's actions have had on the lives of people working in retail,” said Carrie Gleason, director of the Fair Workweek Initiative at the Center for Popular Democracy.
By Mark Iandolo
Source
Activists Seek More Public Input in Fed President Picks
Wall Street Journal - December 11, 2014, by Pedro Nicolaci da Costa - A group of left-leaning activists is taking aim at the process for selecting the presidents of the Federal...
Wall Street Journal - December 11, 2014, by Pedro Nicolaci da Costa - A group of left-leaning activists is taking aim at the process for selecting the presidents of the Federal Reserve‘s 12 regional banks, saying it lacks sufficient transparency and public input.
Philadelphia Fed President Charles Plosser and Dallas Fed President Richard Fisher have announced they will retire next year and both district banks are conducting searches for successors. The two men have been critics of the central bank’s prolonged low-rates policies, saying they aren’t doing very much to boost employment or growth.
Federal law dictates the process for choosing the regional presidents. They are picked by a subset of the banks’ boards of directors, with approval from the Fed’s Washington-based board of governors. The regional bank boards include bankers, business executives and some community representatives, but directors from banks supervised by the Fed don’t have a vote in hiring the banks’ presidents.
Commercial banks that are members of the Fed system own the stock of their district’s reserve bank and elect most of its directors. Remaining directors are appointed by the Fed board in Washington.
The activist group, led by the Center for Popular Democracy, a national nonprofit organization, said it is in talks with the Dallas Fed about increasing transparency in its selection process and is planning a march in Philadelphia from Constitution Hall to the Philadelphia Fed on Monday. Members of the group plan to hold a press conference outside the regional Fed bank like the one they held in Washington in November, at which community members and leaders will tell some of their stories.
The appointments are “too important to be done behind closed doors, too important to be dominated by financial and corporate interests,” said Ady Barkan, a staff attorney at the center.
“We are concerned there is not going to be enough community and public engagement,” Mr. Barkan said. “Corporate and financial elites already have tremendous influence over monetary policy and interest rates. The Fed should also listen to the tens of millions of working families who are not experiencing a recovery.”
The Fed board, the Dallas Fed and the Philadelphia Fed declined to comment.
In response to the activists’ concerns, voiced during a conversation with Fed Chairwoman Janet Yellen in November, the central bank has just published a new list of “frequently asked questions” about the regional president selection process.
Kendra Brooks, a member of Action United in Philadelphia, a community organizing group, said she and others have met with some officials at the Philadelphia Fed, but have yet to be granted a meeting they’ve requested with Mr. Plosser or received an answer to their offer to take top officials around local communities.
“We’re hoping we can push them a little harder about allowing a meeting or taking a tour of their communities,” said Ms. Brooks.
Her story is an all-too-familiar one in the Great Recession of 2007-09. Having lost a 15-year job as a program director at Easter Seals, a nonprofit that helps people with disabilities, Ms. Brooks, 42 years old, said it took her a year and a half to find work again—and she now makes just half what she used to. She also lost her home to a foreclosure.
Fed governors are appointed by the U.S. president, subject to Senate confirmation. They all are voting members of the central bank’s powerful policy-setting Federal Open Market Committee.
The New York Fed president is the vice chairman of the FOMC and a permanent voting member. The other 11 presidents vote on a rotating basis. The presidents run the regional Fed banks, which supervise the private banks in their districts. The presidents also move markets and influence Fed policy through their public remarks.
The center organized activists to appear at the Kansas City Fed’s exclusive annual conference in Jackson Hole, Wyo., in August. They argued the Fed should not start raising its benchmark short-term interest rate from near zero until the labor market improves more.
U.S. unemployment has fallen to 5.8%, historically elevated but much lower than postrecession peaks. Some policy makers worry that number masks pockets of weakness including a large number of workers who are only working part-time because they cannot find full time jobs.
Many investors and top Fed officials expect the first rate increase in the middle of next year.
Source
Monday's MLK50 live blog
In addition to Wallace-Gobern, panelists will include Alvina Yeh, executive director of the Asian Pacific Labor Alliance; Tracey Corder, director of the Racial Justice Campaign at the Center for...
In addition to Wallace-Gobern, panelists will include Alvina Yeh, executive director of the Asian Pacific Labor Alliance; Tracey Corder, director of the Racial Justice Campaign at the Center for Popular Democracy; and Jeremiah Edmond, president of G.A.M.E. Local 101.
Read the full article here.
2 days ago
3 days ago