Worker Cooperatives Can Be Wealth Builders

Posted on

“In this context, financial empowerment is about a transformative process to give people more agency over their finances, their job, their career and their business,” adds Hammer. “That sort of broad notion is pretty unusual and exciting.”

Read more on Next City

Posted in News.

Related Posts

  1. Highlights from our Member Councils & Peer Networks — April 2022

    April 28, 2022

  2. Introducing the USFWC Speaker’s Bureau: Voices of the Worker Co-op Movement

    April 28, 2022
  3. A map of the United States is printed on a deep blue background featuring a photo of a forest. In the top left is the title “Worker Cooperatives and Democratic Workplaces In the United States.” To the right are text boxes with different statistics: “4,732 workers,” “612 businesses,” “$283.17 M gross revenue,” and the title “National Snapshot.” In the upper right are logos for the US Federation of Worker Coops and Democracy at Work Institute. The map is marked with population dots in different cities and labels for the cities. On the right hand side is text explaining some of the stats and then a legend for the map. At the bottom is a bar with the title “The Typical Worker Cooperative” and then stats in boxes: “Median size: 6 workers,” “2:1 Top-to-Bottom Pay Ratio,” “Average age: 5 years old,” and “$298,016 median firm revenue.”

    The 2021 State of the Sector Report is now available

    April 18, 2022