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EconomicPolicyInstitute

The new year brings higher wages for 4.3 million workers across the country

At the start of the new year, 19 states increased their minimum wages, lifting the pay of over 4.3 million workers. In a new article, EPI’s Janelle Jones demonstrates that increasing the federal minimum wage would undo the erosion in value of the minimum wage and help reverse the growth in wage inequality. See which states have increased their minimum wage, and explore EPI’s Minimum Wage Tracker to compare minimum wages across the country.

TOP CHARTS

EPI charts show the state of the economy

EPI has released a collection of 13 charts that show how the economy has—or has not—progressed as we head into 2017.The charts make it clear that despite more than 7 years of steady recovery, the U.S. economy is still not working as well as it should be.

IN THE NEWS
Reuters
The Wall Street Journal quoted EPI’s David Cooper on the recent minimum wage increases in several states. “Some of what Trump tapped into was people wanting to be paid more,” he said. “Voting for a minimum-wage increase is one of the ways to make that happen for a lot of people.” | "Minimum Wages Set to Increase in Many States in 2017" »
Reuters
The Atlantic cited EPI’s research on the racial wage gap, noting that the “rise in overall wage inequality [has] mechanically separated black and white workers’ wages” over the past 35 years, since black workers were more likely to be working low-wage jobs to begin with. | "2016: A Year Defined by America’s Diverging Economies" »
Reuters
Vox spoke with EPI’s Rob Scott on what the nomination of Robert Lighthizer as the U.S. trade representative might mean for existing trade deals, including NAFTA. | "Why Trump’s pick for US trade representative, Robert Lighthizer, is a big deal" »
Reuters
Slate cited EPI’s The State of American Retirement report, writing that “just under half of households headed by someone between the ages of 32 and 61 have nothing saved for retirement.” | "The People Who Evangelized for the 401(k) Now Think It’s Made Retirement Much Tougher" »
Reuters
EPI’s Elise Gould wrote an op-ed in Fortune discussing why the unemployment rate will continue to go down in 2017. | "Why Unemployment Will Keep Dropping in 2017" »
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