Employment

GAO* was asked to report on the financial security of older women. This report examines women retirees' perspectives on their financial security, and (2) what is known about the financial security of older women in retirement. Women also cited a range of experiences that hindered their retirement security, such as divorce or leaving the workforce before they planned to. Women in all 14 focus groups said their lack of personal finance education negatively affected their ability to plan for retirement. Many shared ideas about personal finance education including the view that it should be incorporated into school curriculum starting in kindergarten and continuing through college, and should be available through all phases of life. more »

Lost on the Frontline is a partnership between the two newsrooms that aims to count, verify and memorialize every US health care worker who dies during the pandemic. The tally includes doctors, nurses and paramedics, as well as crucial support staff such as hospital custodians, administrators and nursing home workers, who put their own lives at risk during the pandemic to care for others. The early data indicates that dozens have died who were unable to access adequate PPE and at least 35 succumbed after federal work-safety officials received safety complaints about their workplaces. more »

Bills Introduced: A bill to direct the attorney general to convene a national working group to study proactive strategies and needed resources for the rescue of children from sexual exploitation and abuse ... A bill to ensure access to Pandemic Unemployment Assistance for workers who are unable to obtain child and family care ... A bill to extend existing Supplemental Nutrition Assistance Program (SNAP) flexibilities for states during the COVID-19 pandemic ... A bill to temporarily waive section 115 of the Personal Responsibility and Work Opportunity Reconciliation Act of 1996 as applied to the Temporary Assistance for Needy Families (TANF) and SNAP programs ... A bill to make permanent the employer credit for paid family and medical leave. more »

Personal Income and Outlays: Current-dollar personal income increased $1.39 trillion in the second quarter, compared with an increase of $193.4 billion in the first quarter. The increase in personal income was more than accounted for by an increase in personal current transfer receipts (notably, government social benefits) that was partly offset by declines in compensation and proprietors' income (table 8). ... Disposable personal income increased $1.53 trillion, or 42.1 percent, in the second quarter, compared with an increase of $157.8 billion, or 3.9 percent, in the first quarter. Real disposable personal income increased 44.9 percent, compared with an increase of 2.6 percent. more »