In fact, two adults without kids would need nearly $30,000 more per year in San Francisco than in Miami to cover costs for housing, food, transportation, taxes, health care and other necessities, according to estimates from the Economic Policy Institute.
CNBC
September 6, 2024
According to a September 2023 report from the Economic Policy Institute, “Over the last three decades, compensation grew far faster for CEOs than it did for the top 0.1% of wage earners (those earning more than 99.9% of wage earners). CEO compensation in 2021 (the latest year for which data on top 0.1% wage earners are available) was 7.68 times as high as wages of the top 0.1% of wage earners.”
Investopedia
September 6, 2024
Since the creation of NAFTA, the United States has lost 350,000 jobs in the auto industry while Mexico has gained 450,000. According to the Economic Policy Institute, China’s entry into the WTO has cost 3.5 million American jobs. It is increasingly hard to see how these trade arrangements benefited the American worker.
Newsweek
September 6, 2024
Lynn Rhinehart, a fellow at the left-leaning Economic Policy Institute think tank and a former senior counsel to the U.S. labor secretary, said that the difference between a Trump-backed NLRB and a Biden-backed board “could not be more stark.”
In cases like the Bethany College decision, the Trump-backed board excluded workers from the protections of labor law, she explained.
Trump brought in management-side lawyers who favored corporate interests, Rhinehart said, while the Biden administration brought in union-side lawyers who have sided with workers in labor disputes.
Jacksonville Tributary
September 5, 2024
According to an Economic Policy Institute report earlier this year, tipped workers in the South are paid the second lowest median wage of any region. Hispanic workers in the South are also overrepresented in tipped work.
According to research by Nina Mast, a policy and economic analyst with the Economic Policy Institute, the subminimum wage in the U.S. is rooted in the exploitation of formerly enslaved Black workers and dates to the Civil War. Though tipping was eliminated in Europe, it grew in popularity in the U.S. and as racial hostilities and discrimination allowed employers to codify the practice.
AL.com
September 5, 2024
For Black Americans, this has turned into a national 2:1 unemployment ratio compared to our white counterparts, according to a recent report by the Economic Policy Institute, meaning there are twice as many unemployed Black Americans as white Americans.
Breaking this down state-by-state, the EPI learned that Kentucky is the only state with an unemployment rate of over 10% at 11.3% for Black Americans. Washington, D.C. was not far behind with a rate of 9.9%. The states with the lowest rates were South Dakota (3.1%), Vermont (3.3%), and Maryland (3.4%).
Thegrio.com
September 5, 2024
U.S. employers break federal law in around 40 percent of all union elections, according to the Economic Policy Institute. But not all employers take this approach, and research suggests that unions can actually be good for business by reducing turnover and improving worker safety.
Triple Pundit
September 5, 2024
According to the Economic Policy Institute, the second quarter of 2024 saw a slight softening in a strong labor market as the national unemployment rate rose to 4%.
The national Black unemployment rate also rose to 6.3%. They’re statistics that spotlight an issue that local organizations are trying to address with campaigns and new legislation.
Spectrum News 1
September 5, 2024
The change would “absolutely” impact moderate-income workers, said Heidi Shierholz, president of the Economic Policy Institute. But, she said, “the vast majority of tipped workers do not bring in huge tips in a fine dining establishment.”
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But if there’s a benefit to the discussion about potentially ending taxes on tips, it’s that it’s “helpfully shining a light on tipped workers,” Shierholz added. She said she hopes that the conversation doesn’t end ultimately with taxes, but “brings it home” that “we also need to address the wage side.”
PBS Newshour
September 5, 2024
If working from home was a benefit that mostly went to higher-paid workers, the pay increases disproportionately went to those at the bottom, reversing the pattern that had been in place for more than four decades. An analysis from the Economic Policy Institute found that wages for workers in the bottom 10% of the wage distribution increased by 13.4% from before the pandemic, after adjusting for inflation.
Duluth News Tribune
September 3, 2024