“There has been a long-trending erosion of teacher wages and compensation relative to other college graduates,” found a 2020 report by the nonprofit Economic Policy Institute. The report pointed out that public school teachers earn 19 percent less in weekly wages than nonteacher college graduates.
The Washington Post
August 12, 2022
In 2019, the Economic Policy Institute, a nonprofit think tank, estimated that by 2024, the U.S. would need more than 300,000 teachers to fill the demand for educators nationwide.
ABC 13 News
August 12, 2022
These trends are occurring as inequality also continues to grow. The top one percent of families earn 21 percent of the income in the U.S., according to the Economic Policy Institute. Ultra-wealthy Teton County, Wyo., is the most unequal county in the country.
Wyoming Public Radio
August 12, 2022
Labor has far less bargaining power today than in the stagflationary 1970s. As my colleagues at the Economic Policy Institute observe, anytime wages lag far behind inflation, they can’t be driving it.
American Prospect
August 12, 2022
A recent Economic Policy Institute (EPI) analysis found that after adjusting for inflation, the current federal minimum wage of $7.25 an hour is now worth less than at any point since 1956. The purchasing power for workers making the federal minimum wage diminished by 27.4% since 2009, when the starting wage was last increased.
Yahoo Finance
August 12, 2022
Features Heidi discussing inflation and the jobs report.
CNN
August 12, 2022
Economic Policy Institute President Heidi Shierholz joins Yahoo Finance Live to explain the differences in the July jobs report headline numbers and the household survey and what that means for the labor market.
Yahoo Finance
August 12, 2022
Only 16.2% of Latino workers and 19.7% of black workers were able to work from home in 2020, compared to 37% of Asian workers and 29.9% of non-Hispanic white workers, according to the Economic Policy Institute.
Associated Press
August 12, 2022
For years, wages stagnated, and the federal government did little in response. The last time Congress raised the federal minimum wage was more than 13 years ago. The Economic Policy Institute in a recent analysis found that, “(a)ccounting for price increases in June, the current federal minimum wage of $7.25 per hour is now worth less than at any point since February 1956.”
MinnPost
August 12, 2022
Features Heidi discussing inflation and the jobs report.
CNN
August 11, 2022
A report by the Economic Policy Institute in September 2021 noted federal legalization proposals have emphasized investing and prioritizing communities of color that have been hit the hardest by cannabis criminalization, but have failed to ensure that workers are supported in their ability to organize and work in jobs with quality wages, protections and benefits.
The report noted workers in cultivation, processing and retail could make thousands of dollars more on average annually with a union or high job quality standards.
The Guardian
August 5, 2022
Heidi Listed (Heidi Shierholz, Economic Policy Institute)
Office of Speaker Pelosi
August 5, 2022
This rapid inflation could lead to even greater financial strain for these more vulnerable groups. The Economic Policy Institute reports that “the current federal minimum wage of $7.25 per hour is now worth less than at any point since February 1956.” In 1956, the minimum wage was $0.75 an hour.
Deseret News
August 5, 2022
“The Fed’s actions to date do not guarantee a recession, but they have already made one more likely,” wrote Josh Bivens, the director of research at the left-leaning Economic Policy Institute, in a blog post earlier this month.
CNN Business
August 5, 2022
Josh Bivens, research director at the Economic Policy Institute, said he thinks the bill will have a “small sort of deflationary nudge” by way of reducing the deficit, but he added that he thinks “there are questions about how quickly that takes hold.”
The Hill
August 5, 2022
share of workers say they have or plan to request higher salaries. … U.S. was 22.1% last year, according to the Economic Policy Institute. (paywall).
Fortune
August 5, 2022
The second statistic Kaine cited didn’t come from Bloomberg Law. In fact, I’m not sure where it originated. I’ve traced it back to a mention in a 2009 Economic Policy Institute paper, but it might be even older.
Bloomberg Law
August 5, 2022
As research from the Economic Policy Institute recently documented, wage suppression “was generated by policy choices that resulted in excessive unemployment, eroded unionization, corporate globalization, lower labor standards (e.g., lower minimum wage), new imposed contract terms (e.g., noncompete) and corporate structure changes that pushed down wages and profits in supply chains to the benefit of large firms.”
Industry Week
August 5, 2022
“We’re ensuring that they’re not going to be worse off year after year, but as noted, that doesn’t necessarily mean that their standard of living is rising,” said David Cooper, director of the Economic Analysis and Research Network coordinated by the Economic Policy Institute.
NJ Monitor
August 5, 2022
Those are the conclusions of a study recently published by the Economic Policy Institute, and they are not likely to be countered anytime soon. After the Raise the Wage Act failed in the U.S. Senate last year, experts say there’s been no push to update the federal minimum to reflect the drastic changes in the economy since 2009.
Capital and Main
August 5, 2022
According to the Economic Policy Institute, Tennessee’s average monthly child care cost is anywhere between $700 to $800 per child. With high child care costs coupled with inflation at a 41-year high, TDHS said it is trying to keep more money in working families’ pockets.
ABC 24 Memphis
August 5, 2022
Josh Bivens, research director at the Economic Policy Institute, said he thinks the bill will have a “small sort of deflationary nudge” by way of reducing the deficit, but he added that he thinks “there are questions about how quickly that takes hold.”
The Hill
August 5, 2022
Just 35% of Hispanic families and 41% of Black families have savings in a 401(k) or IRA account, according to the Economic Policy Institute (EPI).
Forbes
August 5, 2022
To further prove her point, she brings up data from The Economic Policy Institute, which found “that public school teachers nationally make about 19 percent less than employees in commensurate professions, or about 81 cents on the dollar.” According to the data, the wage penalty has increased significantly, compared to only 6% in 1996.
Forbes
August 5, 2022
One, Matt Stoller of the American Economic Liberties Project, predicted continuing higher inflation last December and said 60% of it is due to corporate thirst for ever-rising profits. Others, including the Economic Policy Institute, agree. They just differ on numbers.
People’s World
August 5, 2022
Since 2009, when the federal minimum rose to $7.25 an hour, it’s lost more than one-fourth of its purchasing power. When factoring in inflation, today’s minimum wage hasn’t been worth this little since the 1950s, according to calculation from the Economic Policy Institute.
CBS News
August 5, 2022
“Layoffs continue to be low in historical terms and high levels of quits signal workers seeking [and finding] better opportunities,” Elise Gould, senior economist at the Economic Policy Institute, said in a note on Tuesday.
Al Jazeera
August 5, 2022
Then comes the multiplier effect, which refers to the impact an investment will have on jobs and an economy. According to the Economic Policy Institute, for every 100 direct jobs created in semiconductor manufacturing, there are 192.2 indirect jobs created.
The Huntsville Item
August 5, 2022
Inflation is impacting Ohio’s teachers, too. They spent an average of $444 to stock their classrooms in 2018, per the Economic Policy Institute — or $555 in today’s dollars.
Axios
August 5, 2022