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Fed Can Influence Banks to Spread Opportunity (NYT)
Roosevelt Institute Chief Economist Joseph Stiglitz writes that the Federal Reserve should hold back on interest rate increases until wage growth has made up for workers’ recession losses.
How ‘Flexible’ Schedules Have Become a Trap for Working Parents (Vox)
Roosevelt Institute Fellow Andrea Flynn and Elizabeth Weingarten explain how erratic scheduling practices prevent the financial stability working parents need.
What’s a ‘Living Wage’ in Wisconsin? (Bloomberg Businessweek)
Because Wisconsin’s minimum wage law says it should also be a living wage, a group of low-wage workers are suing to have it raised, reports Josh Eidelson.
The Other Side of the Growing Disconnect Between Where You Live and Work (Pacific Standard)
Jim Russell looks at an example of a company bringing in lower-paid workers from other countries to explain how global wages hurt people’s ability to pay rent in expensive cities.
Efforts to Regulate CEO Pay Gain Traction (Boston Globe)
Katie Johnston looks at some state-level efforts, including a Massachusetts initiative to fine hospitals that pay executives more than 100 times their lowest-paid employees.
How a Divided Senate Could Threaten Social Security (The Nation)
John Nichols says that if the independents running for Senate were to emphasize ending gridlock above all else, their compromises could cause unacceptable harm.