12 million workers had likely lost employer-sponsored health insurance during the pandemic as of August 26, 2020. [Economic Policy Institute]
Inequality.org
February 25, 2021
Education is an important key in continuing to address issues such as why incarceration and sentences are higher for Blacks, and finding solutions to the rising wage gaps between Blacks and whites, which were higher in 2019 than 2000, according to the Economic Policy Institute’s 2019 wage report.
The Collegian
February 25, 2021
No. Under the current proposal, it would be raised in increments, hitting $15 in 2025. In 2021, it would rise to $9.50, then a year later to $11, next to $12.50 in 2023, the following year to $14, and finally to $15 in 2025, as outlined in Raise the Wage Act of 2021. An estimated 32 million people would benefit from the hike, according to the Economic Policy Institute.
Fast Company
February 25, 2021
A new Economic Policy Institute report challenges the notion that record breaking wage growth in 2020 is “a cause for celebration.”
Yahoo Finance
February 25, 2021
The organizing drive still underway by workers at Amazon’s fulfillment center in Bessemer, Ala., reveals some of the many ways our current labor law gives employers too much power to stand in the way of workers trying to gain a collective voice.
The Nation
February 25, 2021
Elise Gould, an economist at the Economic Policy Institute, agrees.
“States that rely more heavily on the harder-hit industries, like tourism, could be seeing a more acute difficulty from this time,” Gould told Insider.
Business Insider
February 25, 2021
12 million workers had likely lost employer-sponsored health insurance during the pandemic as of August 26, 2020. [Economic Policy Institute]
Inequality.org
February 25, 2021
Education is an important key in continuing to address issues such as why incarceration and sentences are higher for Blacks, and finding solutions to the rising wage gaps between Blacks and whites, which were higher in 2019 than 2000, according to the Economic Policy Institute’s 2019 wage report.
The Collegian
February 25, 2021
No. Under the current proposal, it would be raised in increments, hitting $15 in 2025. In 2021, it would rise to $9.50, then a year later to $11, next to $12.50 in 2023, the following year to $14, and finally to $15 in 2025, as outlined in Raise the Wage Act of 2021. An estimated 32 million people would benefit from the hike, according to the Economic Policy Institute.
Fast Company
February 25, 2021
A new Economic Policy Institute report challenges the notion that record breaking wage growth in 2020 is “a cause for celebration.”
Yahoo Finance
February 25, 2021
The Houston Chronicle
February 24, 2021
Increased layoffs in retail, hospitality, construction, and janitorial services created more potential for wage theft, a common occurrence when workers don’t receive their final paycheck. From mid-March to December, the city of Minneapolis’ two wage theft investigators resolved 78 complaints and recovered $47,600 in unpaid back wages. The state Department of Labor and Industry, which has 17 investigators, collected $673,900 in the same time frame. These figures are vastly under-reported, according to the Economic Policy Institute, which estimates wage theft in a regular year to be in the tens of millions in Minneapolis and $600 million statewide.
Minnesota Monthly
February 24, 2021
- “Do you believe the U.S. trade deficit is too large and should reducing it be the major goal of U.S. trade policy?” This will cause an eye roll from economists, most of whom have long argued that trade deficits have a stronger link to national savings rates than trade policy. But it’s a litmus-test question that’s important to ask in large part because Tai is a lawyer with political antennae rather than an economist. Former President Donald Trump and his USTR, Robert Lighthizer, made reducing the trade deficit a primary goal and failed by their own metric. But progressives in the Democratic Party have long made the case as well. The left-of-center Economic Policy Institute has tied trade deficits directly to U.S. job losses. Is Tai with Trump and the economists at EPI? Or those who hold the more orthodox view? And what does she think the politically-safe answer is?
Bloomberg.com
February 24, 2021
According to the January filing notifying shareholders of the meeting, the company reported that CEO Tim Cook was paid $14.8 million in total compensation last year, while Apple’s median compensation for all employees was $57,783, a ratio of 256 to 1. In 2019, the average CEO compensation package for America’s top 350 companies was $21.3 million, according to a report from the Economic Policy institute, or about 320-times the pay of an average worker.
24/7 Wall St.
February 24, 2021
4. “Why the U.S. needs a $15 minimum wage,” Economic Policy Institute, January 26, 2021
https://act.moveon.org/go/150121?t=11&akid=290931%2E9509482%2ESIcE73
Daily Kos
February 24, 2021
According to “The economic costs and benefits of Airbnb” a report by the Economic Policy Institute:
“The economic costs Airbnb imposes likely outweigh the benefits. While the introduction and expansion of Airbnb into U.S. cities and cities around the world carries large potential economic benefits and costs, the costs to renters and local jurisdictions likely exceed the benefits to travelers and property owners…
San Juan Islander
February 24, 2021
“While low unemployment and anemic wage growth likely explained the large increase in strikes in 2018 and 2019, the COVID-19 pandemic and high unemployment led to the sudden drop in 2020,” Heidi Shierholz, policy director and senior economist at the Economic Policy Institute, said in a statement.
LaborPress
February 24, 2021
“If you adjust for inflation, it’s worth about 18%, less than what it was worth in 2009, when it was last raised, and over 30% less than what it was worth in 1968,” said David Cooper, a senior analyst with the Economic Policy Institute, a liberal think tank in Washington.
Voice of America
February 24, 2021
The Economic Policy Institute estimates that nearly a third of all Black workers would get a raise under the Raise the Wage Act. The Congressional Budget Office estimates that it could also raise wages for 17 million workers overall. Another 10 million workers earning just above $15 could also see an increase.
The Good Men Project
February 24, 2021
Over the past five years, average annual wages increased by 4.8%, after adjusting for inflation. However, much of the increase in average wages can be attributed to growing wages among the highest earners. According to an analysis of Current Population Survey data by the Economic Policy Institute (EPI), real median hourly wages grew by 15% from 1979 to 2019. In comparison, workers in the 95th percentile saw their wages grow by 63%, while workers in the 10th percentile only experienced wage growth of about 3%.
Seattle Pi
February 23, 2021
Broadly, the demographics of the Labor Movement are changing. Per the Economic Policy Institute (EPI), the working class — defined as working people without degrees — makes up 66 percent of the total workforce. EPI estimates that the working class will be majority-minority by 2032 –– 11 years before the total population of the U.S. becomes so. If we look at just members of the working class aged 25-34, this group of workers will be majority-minority in 2021.
St. Louis/Southern Illinois Labor Tribune
February 23, 2021
More than half of states — 29 — have a minimum wage higher than $7.25 and 45 cities have a minimum wage higher than their state, according to the
Economic Policy Institute. A large portion of the states with a minimum wage higher than $7.25 raise it automatically with inflation.
The
wage went up in 20 states January 1. California has the highest statewide minimum wage at $14 per hour for companies that employ 26 or more people — but San Francisco and other cities in the state have higher wages, as do New York, Seattle and others.
…For an extremely in-depth look at the benefits of raising the minimum wage, here’s a report by the Economic Policy Institute, which lobbies for a wage increase.
CNN
February 23, 2021
In the past 25 years, the minimum wage has only increased $2.50—from $4.75 an hour to $7.25 an hour—and the last increase was in 2009. Furthermore, according to the Economic Policy Institute (EPI), Black employees make up 31% of the workforce that would most benefit from an increased minimum wage.
CNBC
February 23, 2021
That’s because 60% of the workforce in this country lives in states with minimum wages below $15 an hour. Heidi Shierholz, senior economist at the Economic Policy Institute, said the bump up to $15 would make a big difference for people of color.
“Almost a third of Black workers would see a raise with this minimum wage increase. For Hispanic workers, it’s almost as high — it’s 26%,” she said.
And Shierholz said more than half of the people who’d get a raise with a $15-an-hour federal minimum wage would be women, many supporting families.
NPR Marketplace
February 23, 2021
But Celine McNicholas, director of government affairs and labor counsel at the Economic Policy Institute…[paywall].
Law360
February 23, 2021
24/7 Wall St. reviewed March 2018 cost of living estimates, adjusted for inflation, from financial think tank the Economic Policy Institute’s Family Budget Calculator.
24/7 Wall St.
February 23, 2021
In 2019, the Wage and Hour Division of the Department of Labor detected millions in wage theft between fiscal years 2000 and 2019. Farm labor contractors were almost one in four of the agricultural violations found in a 14-year span, according to an analysis of the federal data from the Economic Policy Institute, a nonprofit research think tank.
Richmond Times-Dispatch
February 23, 2021
The wage increase could directly affect as many as 1,050,000 Michigan workers, according to analysis by the Economic Policy Institute.
Michigan Radio
February 23, 2021