Some economists have pointed out that these high profits during the economic recovery are nothing like the profits businesses have made in past economic cycles. Chief economist at the Economic Policy Institute, Josh Bivens, explained in 2022 that, “Evidence from the past 40 years suggests strongly that profit margins should shrink…”
States Newsroom
March 15, 2024
Currently, just seven states have laws that restrict or prohibit public sector collective bargaining, said Jennifer Sherer, director of the State Worker Power Initiative at the Economic Policy Institute. The last several years have seen a number of efforts in conservative states to roll back public employees’ ability to organize or bargain.
“Over the past decade, we have seen repeated politically motivated attacks on public sector employees in states where Republicans have majorities in the legislature,” she said. “This introduces all kinds of unfairness and unevenness into our labor markets and into our economy.”
Verite News
March 15, 2024
According to an Economic Policy Institute analysis of federal data, about 50% of the labor market’s recent growth came from foreign-born workers between January 2023 and January 2024.
Scripps news
March 15, 2024
The Economic Policy Institute found that significantly fewer restrictive voting laws have been passed in the 17 highest-union-density states than in the rest of the country. (Consider that 70 percent of low-union-density states passed at least one voter suppression law between 2011 and 2019.)
Nonprofit Quarterly
March 15, 2024
Lawmakers also heard from a panel that included advocates from the National Latina Institute for Reproductive Justice, the president of One Fair Wage, and a policy expert from the Economic Policy Institute. They told lawmakers that these sub-minimum wage policies leave women, particularly women of color, at risk of sexual harassment.
Boston.com
March 15, 2024
A new analysis from the Economic Policy Institute showed that between January of 2023 and 2024, foreign-born workers drove a staggering 50 percent of U.S. labor market growth.
Newsweek
March 15, 2024
In a 2017 report , Josh Bivens of the Economic Policy Institute argued that “low rates of unemployment and rapid wage growth would likely induce faster …[paywall].
Barron’s
March 15, 2024
The IWPR reported similar findings 10 years ago, and there has been little progress over the last three decades on narrowing the gender wage gap, according to the Economic Policy Institute, a progressive think tank.
MarketWatch
March 15, 2024
Pay for corporate leaders has been on the rise for decades, with CEOs in 2022 earning about 344 times more than the typical worker, up from a ratio of 21-to-1 in 1965, according to the left-leaning Economic Policy Institute.
CBS Moneywatch
March 15, 2024
Technology is great for union organizing. Social media, text messages, and videoconferencing allow workers to connect even when they are separated by location or shift, or when employers have prohibited them from discussing unions at work. But technology is also used for union busting. Anti-union employers monitor social media and messaging platforms to see who is talking about unions, and blast-text their employees to pressure them to reject unionization. On net, these forces probably roughly cancel out, meaning that technology will neither breathe new life into labor, nor hinder it.
Project Syndicate
March 15, 2024
Guests include: Felicia Wong, Bharat Ramamurti, Tara McGuinness, Sandeep Vaheesan, Todd Tucker, Ronnie Chatterji, Neale Mahoney, and Heidi Shierholz
Pitchfork Economics
March 15, 2024
One of the core pillars of middle-out economics is empowering workers—giving them the tools they need to claim their fair share of economic growth. It’s worth emphasizing that there is no silver bullet here: There was a sweeping transformation to neoliberal economics, and we need another sweeping transformation to set us on a path of robust, broadly shared growth. In what follows, I detail some middle-out economic policies that will help close the productivity-pay gap, and what they would mean for working people.
Democracy Journal
March 15, 2024
Amid concerns about an increase in labor violations against youth workers in Maine, Terri Gerstein, director of New York University’s Wagner Labor Initiative, says there are steps the state can take to better protect young people in the workforce.
Gerstein authored a report published late last month by the Economic Policy Institute and the Labor Initiative.
Maine Morning Star
March 15, 2024
Union interest among younger workers is growing, says the Economic Policy Institute. Workers under 45 joined unions at the highest rate in 2023.
Voice of America
March 14, 2024
Having previously worked in a warehouse in a small town in Wisconsin that was also unionizing, Benedict believes that this is a movement from working class people across generations. A report from the think tank the Economic Policy Institute found that major strike activity skytocked by 280% last year.
Fortune
March 14, 2024
Up until the 1970s, women of color could be openly discriminated against in the hiring process and were often relegated to providing domestic service work to white families, according to the Economic Policy Institute.
Business Insider
March 14, 2024
According to a study by the Economic Policy Institute (EPI), the average yearly earnings of those in the top 10% of Americans were roughly $173,000 in 2020, the most recent data available.
MoneyWise
March 14, 2024
A June 2022 report by the Economic Policy Institute found that nearly a third of gig workers reported earnings less than the minimum wage in their respective states.
Fox Business
March 14, 2024
According to the Economic Policy Institute, there are about 2.4 million farmworkers across the U.S., and while the Fair Food Program has helped countless farmworkers to date, there are far more who don’t yet have the same protections.
Fast Company
March 14, 2024
Moreover, according to the Economic Policy Institute, the share of prime-age (ages 25-54) employment-to-population ratio (EPOP) for U.S.-born individuals was 81.4 percent in 2023, up from 80.7 percent in 2019 — for its highest rate since 2001. Indeed, native-born workers have gained more than 6 million jobs during Biden’s presidency — as have foreign-born workers.
Washington Post
March 14, 2024
And not only that: an analysis by the Economic Policy Institute found that the gender pay gap even widens with education levels, ranging from 20 percent for workers without a high school diploma to 30 percent for those with an advanced degree.
Statista
March 14, 2024
Richard Rothstein, a distinguished fellow at the Economic Policy Institute, wrote in his 2017 book “The Color of Law” that the federal interstate highway system was a prime example of a transportation project used to segregate or destroy Black neighborhoods in the 1940s.
Courthouse News Service
March 14, 2024
In 2023, women earned, on average, 21.8% less than men, according to the Economic Policy Institute.
Word in Black
March 14, 2024
“Nominal wage growth continues to moderate,” Elise Gould, economist with the Economic Policy Institute, a left-leaning Washington think tank, wrote in an analysis.
“Private-sector wage growth rose by a modest 1.8 percent over the month, annualized. The three-month change came in at 4.0 percent, annualized, consistent with inflation and productivity growth. Fed take note: this is not an overheating labor market.”
The Hill
March 14, 2024
Ninety-two percent of Dollar General workers make less than $15 an hour, according to a wage tracker from the Economic Policy Institute. That’s compared to 80% at Big Lots, 51% at Walmart and 3% at Target making under $15.
13 News Now
March 14, 2024
Some economists have pointed out that these high profits during the economic recovery are nothing like the profits businesses have made in past economic cycles. Chief economist at the Economic Policy Institute, Josh Bivens, explained in 2022 that, “Evidence from the past 40 years suggests strongly that profit margins should shrink…”
States Newsroom
March 14, 2024
Currently, just seven states have laws that restrict or prohibit public sector collective bargaining, said Jennifer Sherer, director of the State Worker Power Initiative at the Economic Policy Institute. The last several years have seen a number of efforts in conservative states to roll back public employees’ ability to organize or bargain.
“Over the past decade, we have seen repeated politically motivated attacks on public sector employees in states where Republicans have majorities in the legislature,” she said. “This introduces all kinds of unfairness and unevenness into our labor markets and into our economy.”
Verite News
March 14, 2024
According to an Economic Policy Institute analysis of federal data, about 50% of the labor market’s recent growth came from foreign-born workers between January 2023 and January 2024.
Scripps news
March 14, 2024