Progressive Activists Keep Up Campaign to Thwart Rate Rises
NEW YORK—A group of activists lobbying the Federal Reserve to hold off on raising interest rates is pressing its campaign amid signs from the central bank that it is moving closer to lifting...
NEW YORK—A group of activists lobbying the Federal Reserve to hold off on raising interest rates is pressing its campaign amid signs from the central bank that it is moving closer to lifting borrowing costs.
Members of the Fed Up Coalition, a left-leaning organization affiliated with the Center for Popular Democracy and connected with labor unions and community groups, met with Fed Chairwoman Janet Yellen and other central bank governors late last year.
They recently have met with the leaders of the Boston, Kansas City and San Francisco Fed banks, and are scheduled to meet next with Atlanta Fed President Dennis Lockharton Aug. 12 and with New York Fed President William Dudley on Aug. 14.
Most Fed officials, including Ms. Yellen, have indicated they expect to start raising short-term interest rates this year if the economy keeps improving. They have held their benchmark rate near zero since December 2008 to bolster the economy.
The activists say they want the Fed to hold off a bit longer to ensure the expansion benefits all Americans, not just the wealthiest.
They also want the Fed to become more open about its actions and how it selects the presidents of the 12 regional reserve banks.
And they want the Fed to engage with banks to promote affordable housing.
“Over the last few weeks we’ve had a lot of success engaging with Fed officials,” said Ady Barkan, who leads the Center for Popular Democracy Fed campaign. His group is “seeing that [Fed officials] are really being responsive” to the case they are making, he said.
Mr. Barkan said a recent meeting with St. Louis Fed President James Bullard was particularly fruitful. Mr. Bullard said in an interview with the Journal Friday the Fed has a balancing act when it comes to setting interest rate policy.
He favors raising interest rates this year and says the central bank’s September meeting is likely a good time to start.
“I think I have the better policy for the type of people they want to help,” Mr. Bullard said. “If you go for too much in monetary policy you can get some sort of financial bubbles and imbalances that fall apart and cause a recession,” and modest rate rises soon will help reduce those risks.
The activist group also is calling for greater representation on regional banks’ boards of directors for noncorporate interests. By law, the regional Fed directors are drawn from a mix of financial industry professionals, community and business leaders. Each board oversees individual reserve bank operations, and the directors from outside the financial sector manage the selection of new reserve bank presidents.
Mr. Barkan said Fed boards are dominated by the perspectives of leaders from large institutions. While he welcomes union and nonprofit representation on the boards, Mr. Barkan said the diversity should extend further and include a more ground-level perspective on how the economy is functioning.
Jean-Andre Sassine, age 48, of New York City, plans to attend the group’s meeting with Mr. Dudley. Mr. Sassine, who said he works on television and advertising productions, became interested in the Fed when his family ran into difficulties during the recession. He said that led him to ask questions about the role the central bank was playing to help everyday people.
When he went with the group to the meeting with Ms. Yellen, Mr. Sassine said he walked away with “the sense they aren’t used to dealing with people. It seems like they just get reports” and work off that data, and little else, to make their decisions, Mr. Sassine said.
“We are supposed to have input and recognition and we don’t have it,” Mr. Sassine said. “It can’t all be corporate heads and bankers…We’ve got to have real people who buy groceries” on the Fed’s various advisory boards, he said.
The Fed has tried to broaden its public outreach in recent years. The central bank this year has been recruiting people to serve on a new Community Advisory Council, which will meet twice a year with Washington-based Fed governors. Ms. Yellen last year visited a job-training program in Chicago and a nonprofit in Chelsea, Mass., that helps unemployed people find work.
Mr. Dudley has conducted a number of public tours of the New York Fed’s district, in which he has met with business leaders, academics, community groups and others. In a Wall Street Journal interview in March 2014 he explained he had been using the tours to make the Fed seem less abstract. And he also said the visits had in particular deepened his understanding of the housing crisis and sharpened his response to those troubles.
Staff at the regional Fed banks who have met with the activists say their meetings are part of regular efforts to engage with their communities, and can offer valuable insight into the state of the economy.
In a statement, the Atlanta Fed said it regularly meets with community based interest groups “through its various outreach programs including community and economic development, economic education, and supervision and regulation.”
Source: The Wall Street Journal
Cities, states seek to protect immigrants' data from federal officials
Cities, states seek to protect immigrants' data from federal officials
Fear is growing in immigrant communities that the federal government might try to obtain the information from local governments, said Emily Tucker, a senior staff attorney at the Center for...
Fear is growing in immigrant communities that the federal government might try to obtain the information from local governments, said Emily Tucker, a senior staff attorney at the Center for Popular Democracy, which backs the expansion of municipal ID programs and seeks to help unauthorized immigrants facing deportation.
Read the full story here.
Sorry: You Still Can't Sue Your Employer
Sorry: You Still Can't Sue Your Employer
From Applebee's to Uber, employers require workers to waive their rights to class-action lawsuits—but there's something cities can do to help them.
...
From Applebee's to Uber, employers require workers to waive their rights to class-action lawsuits—but there's something cities can do to help them.
Read the full article here.
More Cities Should Do What States and Federal Government Aren't on Minimum Wage
Early this month, New York City Mayor Bill de Blasio announced a guaranteed $15 minimum wage for all city government employees by the end of 2018. This is a big win for over 50,000 workers across...
Early this month, New York City Mayor Bill de Blasio announced a guaranteed $15 minimum wage for all city government employees by the end of 2018. This is a big win for over 50,000 workers across the city struggling to provide for their families, including those directly on the payroll and tens of thousands working at non-profits that contract with the city.
Unlike in Seattle and Los Angeles, where city officials are empowered to raise the minimum wage for the entire workforce in their cities, Mayor de Blasio is unable to unilaterally raise wages for all New York City workers. That power lies with Gov. Andrew Cuomo and the state legislature. The governor's efforts to lift the minimum wage to $15 are being hampered by a Republican-controlled state Senate.
De Blasio's decision to raise wages for city employees is a crucial independent step towards a more equitable city - and should be seen as an inspiration for cities around the nation. It also reflects the power and momentum of a groundbreaking worker-led countrywide movement demanding higher wages.
Even as state and federal administrations drag their feet on the inevitable question of a decent minimum wage for working families in the United States, de Blasio's gutsy move shows cities can and should take matters into their own hands.
The mayor's minimum wage raise closely follows his announcement last month giving six weeks paid parental leave, and up to 12 weeks when combined with existing leave, to the city's 20,000 non-unionized employees. The mayor has now moved to negotiate the same benefits with municipal unions. Again, New York City private sector workers must look to Albany or Washington, D.C. to move on paid family leave for all.
Mayor de Blasio's recent actions support his goal of lifting 800,000 New Yorkers out of poverty over ten years. More than 20 percent of the city's population lives in poverty, a huge swath of a city commonly associated with extraordinary wealth.
The last couple of years have seen unparalleled momentum from workers themselves - from New York City to Los Angeles and Chicago - calling for livable wages, resulting in minimum wage raises for fast food workers and other groups.
Workers are not waiting patiently on government officials – they are organizing in an unprecedented way. Progressive mayors like de Blasio are responding with sound policy, while less responsive officials are being put on notice. Cities like Los Angeles, New York City, and Chicago are paving the way, showing that it is possible to act independently of state and federal governments.
In addition, laws raising the minimum wage to more than the pitiful federal standard of $7.25 an hour have passed in a number of states. There are now campaigns to raise the floor and standards for workers being led in 14 states and four cities. This momentum is building into a crescendo that will have deep implications for the 2016 presidential election.
Nearly half of our country's workers earn less than $15 an hour and 43 million are forced to work or place their jobs at risk when sick or faced with a critical care-giving need. Now is the time for cities to listen to their workers and override state and federal passivity to allow millions of hard-working Americans to provide for their families.
*** JoEllen Chernow is minimum wage and paid sick days campaign director at Center for Popular Democracy. On Twitter @popdemoc.
Source: Gotham Gazette
Walter Isaacson to sit on City Planning Commission, and other area political news
Walter Isaacson to sit on City Planning Commission, and other area political news
Isaacson to sit on City Planning Commission
Author and former CNN CEO Walter Isaacson may be only a part-time resident of New Orleans, but Mayor Mitch Landrieu has appointed him to the City...
Isaacson to sit on City Planning Commission
Author and former CNN CEO Walter Isaacson may be only a part-time resident of New Orleans, but Mayor Mitch Landrieu has appointed him to the City Planning Commission.
Isaacson, 64, who now heads the Aspen Institute in Washington, D.C., will replace lawyer Alexandra Mora in January.
The City Council approved the appointment Thursday.
“I'm deeply honored and excited about the prospect of helping to protect the city and plan for its future,” said Isaacson, who splits his time between New Orleans and Washington.
Isaacson, a New Orleans native, is also a former editor of Time magazine and the author of books about Steve Jobs, Albert Einstein, Benjamin Franklin, Henry Kissinger and the "group of hackers, geniuses and geeks (who) created the digital revolution."
He was vice chairman of the Louisiana Recovery Authority, the agency that oversaw the state’s rebuilding after Hurricane Katrina. He is also on the boards of Tulane University and the New Orleans Tricentennial Commission.
Landrieu also appointed Jason Hughes to the commission to fill the unexpired term of Nolan Marshall III, who left New Orleans in October for a job in Dallas.
Hughes’ tenure will end in 2021, while Isaacson's will end in 2023.
City Council condemns anti-Muslim rhetoric
At the end of a heated election season that has included calls from Republican presidential nominee Donald Trump to ban Muslims from entering the country, the New Orleans City Council approved a resolution Thursday condemning anti-Muslim rhetoric.
The resolution is part of a national effort by the liberal group Local Progress to get similar measures passed across the country
"We have seen dangerous levels of anti-Muslim and racist rhetoric as well as a rise in hate crimes," said Councilwoman LaToya Cantrell, a board member of Local Progress. "This rhetoric and violence is not only a threat to our communities but also a direct threat to us as U.S. citizens."
The resolution passed 6-0, with Councilman Jason Williams absent.
"Love really does trump hate," Cantrell said, echoing a slogan used by Democratic presidential nominee Hillary Clinton.
The resolution says the council "condemns all hateful speech and violent action directed at Muslims, those perceived to be Muslims, immigrants and people of color," "categorically rejects political tactics that use fear to manipulate voters or to gain power or influence" and "reaffirms the value of a pluralistic society, the beauty of a culture composed of multiple cultures, and the inalienable right of every person to live and practice their faith without fear."
Clinton is expected to easily carry New Orleans in Tuesday's election.
Jeff council backtracks, OKs disputed contract
The Jefferson Parish Council on Wednesday suspended a disputed ordinance in order to keep the parish's Carnival parades rolling in 2017, hiring a company owned by a local political consultant to build the grandstands from which revelers will cheer on the annual spectacle.
The council voted 7-0 to suspend a ban passed a year ago that would prevent parish contracts from being awarded to any firm partially owned by a consultant who had represented an elected official during a prior election.
That ordinance, which was proposed by Councilman Chris Roberts last November, is under challenge in federal court.
Buisson Creative, a firm owned by political consultant Greg Buisson, was the only firm to respond to the most recent request for proposals to provide the grandstands for the upcoming Carnival season.
Because of the pending legal challenge and the fact that no other proposals for the work were submitted, the council suspended the ban and also voted 6-0 to negotiate a contract with Buisson Creative. Roberts abstained from that vote.
The ordinance was controversial because some saw it as being aimed specifically at Buisson, who had just worked for Roberts’ political opponent in the prior election cycle.
Roberts dismissed the criticism, saying the ordinance was a good-government measure designed to prevent conflicts of interest by making sure those who worked on political campaigns did not then get contracts with parish government.
BGR: Its report to save taxpayers millions
The Bureau of Governmental Research put out a release last week taking credit for uncovering an issue that it said is "expected to yield millions in savings to taxpayers."
On Oct. 27, an Orleans Parish Civil District Court judge ruled in the city's favor on how to apply the formula for calculating pension benefits for city firefighters. The BGR release said the "matter stemmed from a 2013 report in which BGR revealed that the New Orleans Firefighters' Pension and Relief Fund was applying the benefits formula on more generous terms than those spelled out in state law."
The court order directs the fund "to apply the formula as set forth in law," the research group said.
"According to a pension consultant's estimate, if the formula were properly applied to current employees alone, taxpayers would save roughly $1.3 million per year. But under the judgment, the formula is to apply to current retirees as well, increasing the potential savings," BGR said.
By Jessica Williams, Jeff Adelson, Chad Calder and Bruce Eggler
Source
Bill de Blasio: From Education to Poverty, Leadership by Example
Huffington Post - October 9, 2014, by Richard Eskow - Progressives who are elected to executive office have a unique opportunity to highlight neglected issues and stimulate much-needed debate, by...
Huffington Post - October 9, 2014, by Richard Eskow - Progressives who are elected to executive office have a unique opportunity to highlight neglected issues and stimulate much-needed debate, by taking actions which challenge the "conventional wisdom." They can change the political landscape by employing a principle that might be called "leadership by example."
The mayor of New York City is uniquely positioned to play this role, thanks to that city's prominence, and so far Bill de Blasio has done exceptionally well at it. Two of his actions -- on education and assistance to the poor -- deserve particular commendation, because they challenge the "bipartisan" consensus that has too often strangled open debate and left the public's interests unrepresented.
Action for the Impoverished
1. "Welfare Reform's" Record of Failure
"Centrist" Democrats like Bill Clinton, together with Republicans like Rudy Giuliani and Michael Bloomberg, have long sung the praises of "welfare reform" -- a set of policies that promised to turn welfare recipients into "productive citizens" through a combination of educational programs, work requirements, and "tough love" that denied benefits to some of them.
Clinton signed the "Personal Responsibility and Work Opportunity Reconciliation Act" on August 22, 1996, saying it would "end welfare as we know it and transform our broken welfare system by promoting the fundamental values of work, responsibility, and families." That bill quickly became a symbol of "bipartisan consensus" and a much-touted piece of model legislation for the neoliberal economic agenda.
Unfortunately, we now know that it didn't work. In fact, it backfired. A report from the University of Michigan's National Poverty Center showed that extreme poverty increased in the United States by 130 percent between 1996 and 2013 -- and pinpointed "welfare reform" as the cause.
Despite its documented failure, the myth persists that "welfare reform" succeeded. This belief has so far proved resistant to the mounting evidence against it, perhaps because it serves the personal interests of wealthy individuals and corporations who don't care to be taxed for antipoverty programs.
This "reform" myth also serves to assuage their consciences. Politicians like Cuomo and Clinton are all too happy to help in that effort by assuring wealthy Americans that this policy is smart, even liberal, and that it only coincidentally happens to benefit them personally.
2. The End of Welfare As They Know It
The mayor of New York City cannot supersede a federal law, but a recent executive action will hopefully serve to re-open the debate on welfare "reform." De Blasio ended the policies of his GOP predecessors and eased requirements for welfare eligibility in New York City. New rules will give young people more time to complete their educations, and native speakers of foreign languages time to learn English. He also cut back on some "workfare" requirements (which in some cases amount to little more than ritual humiliation.)
For the first time, allowances will be made for parental duties, travel time, and other obstacles which are faced every day by the poor -- but which are little-understood by prosperous "bipartisans" from either party.
As a de Blasio official explained, "we have the data to show that toughness for the sake of toughness hasn't been effective."
3. Data Driven
Data. That word is anathema to "centrist" politicians and commentators who claim to be technocrats, but who are actually driven by ideology, donor cash, or both. When de Blasio issued his orders the hyperventilation was, predictably, all but instantaneous. "We don't need to guess how de Blasio's welfare philosophy will pan out," wrote Heather McDonald, who is "Thomas W. Smith Fellow at the Manhattan Institute."
Reihan Salam fulminated in Slate that welfare programs must "rest on a solid moral foundation. And that, ultimately, is what work requirements are all about."
But when the work isn't available, or people have no practical way of obtaining it, it's immoral to make them -- or their children -- suffer. By ending the inhumane but "bipartisan" policies of his predecessors, Bill de Blasio has potentially re-opened the debate on the draconian and failed "welfare reform" concept.
Action on Education
1. Charter Schools Are "Special Interests"
De Blasio's much-publicized struggle with charter school CEO Eva Moskowitz began when he overturned Bloomberg's decision to give her "Success Academy" free space in city buildings. That led her to make a series of false claims about her organization's accomplishments -- claims that were effectively debunked by Diane Ravitch and Avi Blaustein. Success Academy students aren't the best in the state, they aren't the most difficult students in the city -- and the program is so cost-inefficient that it spends over $2,000 per year more per student than other schools serving similar populations.
Bloomberg was generous to Moskowitz because her program suited his predilection for Wall Street-friendly, corporate-cozy ideas -- ideas which appeared on the surface to promote innovation or "reform," but which on further study reveal themselves as a wealth transfer from the many to the few, often at the expense of the public good.
That's exactly what the charter-school movement represents. Sure, it sounds like a good idea: Schools will "compete" for students, and those which offer the best "products" will succeed. As writer and education activist Jeff Bryant says: Everybody loves "choice," right?
But the concept is flawed at its core. Schools aren't failing because students and their parents don't have "choices" in schools. They're failing -- to the extent they are, because even that concept is overhyped -- because they don't have choices in jobs or housing. Schools are struggling because we don't pay teachers well enough, because we underfund our school districts, and because social factors (especially poverty) inhibit the learning process.
2. Rockets to Nowhere
For all the hype and all the money, there's still no evidence that charter schools work. Advocates love to claim that "school choice" offers lower-income children a way out of poverty. But Milwaukee, which the conservative American Enterprise Institute calls "one of the most 'choice-rich' environments in America," remains one of America's 10 most impoverished big cities.
And kids aren't any more educated in Milwaukee than they were before they were given all this "choice." Educator Diane Ravitch reviewed the data and found that, 22 years after the program was implemented, there was no evidence of improvement in students' test scores.
The Economic Policy Institute (EPI) reviewed the "Rocketship" program, which has bid to take over Milwaukee's underperforming schools, and found that it isn't working. They observed that "in 2012-2013, all seven of the Rocketship schools failed to make adequate yearly progress according to federal standards."
Call it "failure to launch."
3. Follow the Money
The EPI also noted that "Blended-learning schools such as Rocketship are supported by investment banks, hedge funds, and venture capital firms that, in turn, aim to profit from both the construction and, especially, the digital software assigned to students."
That might help explain why wealthy Wall Street investors paid Moskowitz's $2,000-plus-per-student cost overruns out of their own pockets. The same hedge funders also happen to have donated at least $400,000 to Andrew Cuomo's reelection campaign. Perhaps coincidentally, Cuomo led the charge against de Blasio after he moved to end Moskowitz's taxpayer-funded privileges.
Charter schools are an ideological and investment opportunity, which explains why enormous sums of money have been expended promoting them. (The latest effort, funded by $12 million from the wealthiest families in the nation, is something called "The Education Post."
Not all charter schools are driven by the profit motive, and some may in fact do a good job. But there is no evidence to support their claims, their operating principles, or the broader "free market" ideology behind them -- an ideology that is founded on hostility to government itself.
4. Breeding Fraud
Ravitch also notes that Washington, D.C., whose "Opportunity Scholarship Program" launched at least one educational celebrity career, was equally unable to demonstrate results. Its final-year report notes that "There is no conclusive evidence that the OSP affected student achievement."
There is conclusive evidence, however, that the charter school movement has produced at least one fairly widespread outcome: fraud. A recent report from the Center for Popular Democracy, Integrity in Education, and ACTION United told the story. The report, titled "Fraud and Financial Mismanagement in Pennsylvania's Charter Schools," showed that the state had failed to properly audit or review its publicly-funded charter schools.
It also uncovered a pattern of abuses so disturbing it makes charter schools look like petri dishes for fraud. The director of one charter school diverted $2.6 million in school funds to rebuild his church. Another stole $8 million for "houses, a Florida condominium, and an airplane." Yet another used taxpayer funds to finance "a restaurant, a health food store, and a private school." A couple stole nearly $1 million for their personal use.
There are more revelations in the report -- and it only covers one state.
And yet, despite mounting evidence to the contrary, charter schools continue to be talked up by Bill Clinton, whose recent boosterism was described by Salon's Luke Brinker as "stunning" in its variance with the facts. (Jeff Bryant has more on the reality behind Clinton's disingenuous remarks.)
5. The Ongoing Battle
De Blasio acted wisely in moving to end Bloomberg's gift of scarce New York City school resources to Moskowitz. He was ultimately forced to back down, at least in the short term, after her big-dollar backers won a victory in Albany.
That was no surprise, given the money behind the so-called "reformers." But it's not the end of the story, either. De Blasio's position on charter schools triggered a fierce response -- but it also triggered a long-overdue conversation.
By challenging the conventional wisdom on charter schools, Bill de Blasio has started something their backers didn't want: a genuine debate on their merits. He may have lost a battle, but if the debate continues he's likely to win the war.
Leadership Through Action
By taking actions which challenge the orthodoxy of his own party's corporate wing -- an orthodoxy shared and taken to extremes by the entire GOP -- Bill de Blasio is changing the political landscape. Although he is reportedly close to the Clintons (he managed Hillary's 2000 senatorial campaign), his executive decisions are offering a new political vision for progressives who have felt starved for representation in the two-party system of recent decades.
De Blasio's deeds haven't been limited to education and welfare, of course. As we've discussed elsewhere, he's taken on issues that range from the minimum wage to the environment, and to housing as a human right.
He's made mistakes, and he's all but certain to make more as he navigates difficult political waters. De Blasio's trying to effect change from within the political process, which is always a risky endeavor. But he's made great strides in a short time. His is the sort of leadership which can change the national political landscape even as it improves the quality of life for his constituents.
Bill de Blasio is using his position as mayor of New York to lead -- with action as well as words. And for that he's owed a debt of gratitude.
Source
Why a group of Commerce City teachers spent a day asking parents how they could do their jobs better
Why a group of Commerce City teachers spent a day asking parents how they could do their jobs better
COMMERCE CITY — On a recent Saturday morning, about a dozen teachers from the Adams 14 School District walked through a trailer park asking parents how they could do their jobs better.
...
COMMERCE CITY — On a recent Saturday morning, about a dozen teachers from the Adams 14 School District walked through a trailer park asking parents how they could do their jobs better.
Christina Zavala, a parent of three students, had a list. At the top: stop the rampant bullying and pay more attention to her son, who has a learning disability.
“In my experience,” she said, “it doesn’t really feel like the teachers care.”
The cadre of teachers hope what they heard — good or bad — can help reshape their schools to better meet the needs of the mostly poor and Latino families that call Commerce City home. The teachers are advocating for a “community school model,” which in part calls for more partnerships with nonprofit groups to help curb the effects of poverty on the classroom.
“The only way we can make a difference with the families in our district is if we get involved,” said Barb McDowell, the Adams 14 teachers union president. “There are a lot of disenfranchised people. We’re not talking to the community.”
Relations between the Commerce City community and the 7,000-student school district have long been strained. Voters consistently have rejected pleas to increase local taxes to repair or replace aging schools and support educational programs. And in 2014, the U.S. Department of Education found the district had discriminated against Hispanic students and teachers.
The district’s response included more culturally responsive training for teachers and the creation of a committee of students to regularly talk about race issues.
Facing state sanctions for chronic poor performance on state English and math tests, the Adams 14 school district, just north of Denver, is overhauling many of its schools. The teachers union believes this provides an opening to put into practice some of the elements of the community school model. Schools are still finalizing their innovation plans, which are expected to be made public later this fall.
Teachers across Colorado are engaged in similar work. It’s all part of a statewide campaign organized by the Colorado Education Association, the state’s largest teachers union, called “The Schools Our Kids Deserve.”
The community school model can be traced back to the 1880s. Modern-day community schools have popped up in Chicago, Baltimore and Lincoln, Neb. Perhaps the most famous community school model is the Harlem Children’s Zone in New York City.
In Colorado, the Edgewater Collective in Jefferson County and Blocks of Hope in neighboring Westminster Public Schools are two efforts to create something like a community school.
While supporters of the community schools model have long said that no two community schools should look the same because the needs of communities vary, there is a growing effort to identify common themes that apply everywhere, said Reuben Jacobson, deputy director for the Coalition of Community Schools.
The Colorado teachers union, working with the Alliance to Reclaim our Schools and the Center For Popular Democracy, has created its own list which includes strong and proven curriculum, community support services, and positive discipline practices.
Community engagement, like the work the teachers in Adams 14 are doing, is also a must.
Trish Ramsey, a teacher at Adams City Middle School, put it simply: “This is the first step to rebuild trust.”
By Nicholas Garcia
Source
Janet Yellen, the first woman Fed chair, proved the skeptics wrong and got fired anyway
On February 3, Federal Reserve Chair Janet Yellen, the first woman to lead the central bank and likely the most qualified nominee ever for the post, will exit the Fed, leaving a legacy described...
On February 3, Federal Reserve Chair Janet Yellen, the first woman to lead the central bank and likely the most qualified nominee ever for the post, will exit the Fed, leaving a legacy described as “near perfection” and with an “A” grade from a majority of economists.
And yet in 2014, the US Senate confirmed Yellen by a vote of 56-26, the lowest number of “yes” votes a confirmed Fed chair has ever received.
Read the full article here.
Seattle Officials Repeal Tax That Upset Amazon
Seattle Officials Repeal Tax That Upset Amazon
“From coast to coast, people lose their homes and get displaced from their communities even as the biggest corporations earn record profits and development booms,” said Sarah Johnson, director of...
“From coast to coast, people lose their homes and get displaced from their communities even as the biggest corporations earn record profits and development booms,” said Sarah Johnson, director of Local Progress, a national association of progressive elected municipal officials. “Elected officials across the country are paying close attention to how Amazon and other corporations have responded to Seattle’s efforts to confront their affordable housing and homelessness crisis.”
Data Brief: Challenges Facing Albuquerque’s Modern Workforce
Bernalillo County, New Mexico has almost 472,000 hourly workers—nearly two-thirds of its total workforceb—who would benefit from updating workplace protections to match our modern workweek. Across...
Bernalillo County, New Mexico has almost 472,000 hourly workers—nearly two-thirds of its total workforceb—who would benefit from updating workplace protections to match our modern workweek. Across multiple measures, hourly workers are more likely than salaried workers to experience volatile, precarious schedules. A national survey found that 41 percent of early-career hourly workers know their schedules a week or less in advance and half of the hourly workers in the study said their schedules were decided by their employer alone. Nearly three-quarters of hourly workers reported that their weekly work hours had fluctuated in the past month.
This brief examines who the County’s nearly half-million hourly workers are; the working conditions they face; and the tailored policies that public officials can enact to match the changing rhythms of today’s workplace.
Download the report here:
2 months ago
2 months ago