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Breaking the Glass Ceiling

The U.S. workforce looked very different in 1946, at the start of the Baby Boom generation, than it does today. A big part of this workforce transformation has been due to the contributions of women. Starting with very low labor-force participation rates in the immediate post-World War II period, women today participate in the labor-force at a much higher rate, although still lower than that of men. While it is true that some women have broken through the glass ceiling and have entered the corporate board rooms of some of our largest and most successful companies, inequities remain. An enduring pay gap, under which women earn 19 percent less than men1 means lower lifetime earnings for many women.

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Scrapping the Cap: National Committee endorses Bernie’s new Social Security Bill; Marks the Day Millionaires Stop Paying Payroll Taxes.

Senator Bernie Sanders and Rep. Peter DeFazio introduced landmark legislation yesterday to keep Social Security solvent for the next six decades --- without cutting anyone’s benefits. The National Committee endorses the bill, titled the Social Security Expansion Act, introduced on the day when the average millionaire reaches the payroll tax income cap of $127,000 per year.

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