Tag: wage
They will ensure that uncovered workers have some savings and will teach us much. In a recent blog, my friend Andrew Biggs claims that “Auto-IRAs could hurt low-income workers.” My view is that – given the circumstances – state auto-IRA initiatives are a worthy experiment from which we can learn a lot. The motivation behind…
Abstract The United States, along with virtually all other developed countries, is on the cusp of a radical transformation of its labor markets. One consequence of demographic change is that there have been substantial shifts in the age distribution of the working age population. The usual historical pattern of a high ratio of younger workers…