In a recent paper for the National Center for Employee Ownership, Corey Rosen finds that people who work for employee-owned companies are much less likely to be laid off than those who do not. Analyzing data from the 2010 General Social Survey, Rosen shows that 12.1 percent of all working adults in the private sector reported being laid off in the last year compared to just 2.6 percent of those respondents who says they own stock in their company through some kind of employee ownership plan. Rosen estimates that during that year the implied federal savings from the lower layoff rates of employee owners is $23.3 billion and that the implied savings for ESOPs and stock bonus plans alone is $13.7 billion.
Despite signs of a U.S. economic recovery, CFED’s 2013 Assets & Opportunity Scorecard shows that many Americans are still struggling just to get by. This year’s result finds that nearly half (43.9 percent) of households—or more than 132 million people—are “liquid asset poor.” As a result, they do not have enough assets to provide themselves with a basic personal safety net to protect against an unforeseen crisis, such as unemployment or a medical emergency, or plan for future needs, such as a child’s college education or homeownership. To address this problem, this report highlights measures states have taken to build financial security and increase opportunities in the areas of financial assets and income, businesses and jobs, housing and homeownership, health care, and education.
A new report from the Environmental Protection Agency’s Office of Sustainable Communities examines how communities across the country are integrating smart growth, environmental justice, and equitable development approaches to design and build healthy, sustainable, and inclusive neighborhoods. Author Megan McConville offers a range of examples from low-income, minority, tribal, and overburdened communities that illustrate ways community groups can shape development to better respond to their needs and their values.
Tim Sullivan, Maz Ali, Carlos Perez de Alejo, Brian Miller and Nicole Marin Baena
To mark the 50th anniversary of the March on Washington, United for a Fair Economy outlines how a national history of racially discriminatory policies and practices created the racial wealth divide that exists today. Worse, present policy perpetuates these patterns. This report offers recommendations for housing, ownership, and wealth creation policies that aim to reduce this divide by designing asset building policies that reach those most in need and not just home-buyers and encouraging alternative ownership models that build community, and not just individual, wealth.Included are several case studies that highlight action at the local, state, and regional levels to address racial inequality.
David Zuckerman, with contributions from Holly Jo Sparks, Steve Dubb, and Ted Howard
The Democracy Collaborative’s latest report, Hospitals Building Healthier Communities, provides an in-depth look at six hospitals in five cities that are rethinking their economic and community engagement strategies. These hospitals have recognized that health is more than just treating the patients that come through their doors and are beginning to adopt an “anchor institution mission” that can help build not only more prosperous, but also healthier communities.
In a recent paper for the National Center for Employee Ownership, Corey Rosen finds that people who work for employee-owned companies are much less likely to be laid off than those who do not. Analyzing data from the 2010 General Social Survey, Rosen shows that 12.1 percent of all working adults in the private sector reported being laid off in the last year compared to just 2.6 percent of those respondents who says they own stock in their company through some kind of employee ownership plan. Rosen estimates that during that year the implied federal savings from the lower layoff rates of employee owners is $23.3 billion and that the implied savings for ESOPs and stock bonus plans alone is $13.7 billion.
Despite signs of a U.S. economic recovery, CFED’s 2013 Assets & Opportunity Scorecard shows that many Americans are still struggling just to get by. This year’s result finds that nearly half (43.9 percent) of households—or more than 132 million people—are “liquid asset poor.” As a result, they do not have enough assets to provide themselves with a basic personal safety net to protect against an unforeseen crisis, such as unemployment or a medical emergency, or plan for future needs, such as a child’s college education or homeownership. To address this problem, this report highlights measures states have taken to build financial security and increase opportunities in the areas of financial assets and income, businesses and jobs, housing and homeownership, health care, and education.
A new report from the Environmental Protection Agency’s Office of Sustainable Communities examines how communities across the country are integrating smart growth, environmental justice, and equitable development approaches to design and build healthy, sustainable, and inclusive neighborhoods. Author Megan McConville offers a range of examples from low-income, minority, tribal, and overburdened communities that illustrate ways community groups can shape development to better respond to their needs and their values.
Tim Sullivan, Maz Ali, Carlos Perez de Alejo, Brian Miller and Nicole Marin Baena
To mark the 50th anniversary of the March on Washington, United for a Fair Economy outlines how a national history of racially discriminatory policies and practices created the racial wealth divide that exists today. Worse, present policy perpetuates these patterns. This report offers recommendations for housing, ownership, and wealth creation policies that aim to reduce this divide by designing asset building policies that reach those most in need and not just home-buyers and encouraging alternative ownership models that build community, and not just individual, wealth.Included are several case studies that highlight action at the local, state, and regional levels to address racial inequality.
David Zuckerman, with contributions from Holly Jo Sparks, Steve Dubb, and Ted Howard
The Democracy Collaborative’s latest report, Hospitals Building Healthier Communities, provides an in-depth look at six hospitals in five cities that are rethinking their economic and community engagement strategies. These hospitals have recognized that health is more than just treating the patients that come through their doors and are beginning to adopt an “anchor institution mission” that can help build not only more prosperous, but also healthier communities.
