The law is part of a broader effort by states to loosen child labor laws. Arkansas’s governor signed a bill in March that allows youth under the age of 16 to be employed without a work certificate, and New Jersey and New Hampshire have enacted laws to extend work hours. Several states, including Minnesota and Missouri, have also recently introduced similar bills, according to the Economic Policy Institute.
CNN
June 2, 2023
According to the Economic Policy Institute, in 2021 a CEO at one of the top 350 US firms was paid $15.6 million on average, up 9.6 percent since 2020. The ratio of CEO-to-typical-worker compensation was 399 to 1, up from 366 to 1 in 2020, and from 20 to 1 in 1965.
WIRED
June 2, 2023
osh Bivens, chief economist at the Economic Policy Institute, told Insider that “an actual default would affect every single sector,” adding that “it would be a mammoth across the board kind of recession.”
“I think the first round effects are just people who rely on either direct payments from the government or payments from government employees,” Bivens said, which can include the healthcare sector and “people who run national parks.”
Insider
June 2, 2023
A 2021 report from the Economic Policy Institute, a left-leaning think tank, found that, across the nation, more than $3 billion in stolen wages was recovered between 2017 to 2020 by federal and state labor departments, prosecutors, and through litigation. During that four-year period, New York recovered nearly $130 million.
Lohud
June 2, 2023
Twenty-six states preempt local governments from passing their own minimum wages, according to research from the Economic Policy Institute. Louisiana passed the first minimum wage preemption in 1997, and Florida and Texas each enacted the same restriction in 2003.
Bloomberg Law
June 2, 2023
The unemployment rate for young workers is the lowest in 70 years, according to the Economic Policy Institute, yet nearly 40% of Generation Z workers already in or entering the workforce cultivate a side hustle. That partly reflects the cost of living: Most young people worry they won’t make enough in one job to make ends meet. But that’s not the only reason. Many prioritize values-based factors over salary – like diversity in the workplace, mental health benefits, and flexibility to develop creative projects they see as important to their quality of life and future well-being.
Christian Science Monitor
June 2, 2023
According to WiseVoter, Wisconsin’s average starting teacher salary is $38,961, below the national average of $41,868. Using MIT’s living wage calculator, Wisconsin’s starting average is less than what an individual with children must make to support a family. Research from the Economic Policy Institute shows that teacher salaries have remained flat for nearly 30 years when accounting for inflation.
Milwaukee Journal Sentinel
June 2, 2023
Then, President Biden and House Speaker McCarthy reached a proposed deal on the debt ceiling debate. The House Rules Committee will consider it. Rep. Dusty Johnson (R-SD), who helped negotiate the deal, joins us. And Samantha Sanders, director of government affairs and advocacy for the Economic Policy Institute, joins us to talk about who will be most affected by this proposed deal.
NPR
June 2, 2023
A recent report from the Economic Policy Institute found that the number of minors employed in violation of child labor laws increased 37% in the last year. This is particularly alarming as many young Virginians are already deprived of opportunities to flourish socially and economically through pathways that are entirely legal.
Richmond Times-Dispatch
June 2, 2023