According to the Economic Policy Institute, adjusting for costs of living, a full-time minimum wage worker today earns 18% less annually than workers earned at the time of the last increase in 2009, and 46% less than workers did in 1968 when accounting for inflation.
FOX 4 KC
February 18, 2022
Under the National Labor Relations Act, it is illegal for employers to prevent, interfere with, or retaliate against workers who organize to form unions. According to the Economic Policy Institute, unionized workers covered by a collective bargaining agreement earn 10.2 percent more than non-unionized workers in the same sectors.
VICE
February 18, 2022
Sanders was referencing the massive gains in net worths and profits that both groups have seen throughout the pandemic. In 2021 alone, American billionaires added $1 trillion to their wealth, according to an analysis from the left-leaning Americans for Tax Fairness (ATF). In 2020, CEOs got paid 351 times what typical workers made, according to research from the left-leaning Economic Policy Institute.
Business Insider
February 18, 2022
In theory, employees have the right to organize, Lafer said. In practice, employers have a lot of power to prevent that from happening. They also have a lot of capital. According to the Economic Policy Institute, employers spend approximately $340 million annually on union busting.
Street Roots
February 18, 2022
According to the Economic Policy Institute, 16 states use the federal tipped minimum wage of $2.13, 26 use a tipped minimum wage above the federal limit, but below its state minimum wage, and eight have eliminated the tipped minimum wage in some form.
FSR Magazine
February 18, 2022
The pay and benefit differential between unionized and nonunionized workers is greatest for Black and other workers of color. “Unionized Black workers are paid 13.7% more than their nonunionized peers,” according to a 2020 Economic Policy Institute report. But like the Black heroes of 1937, they have to contend with vicious union busting, like that directed at the Black-majority Amazon workforce in Bessemer, Alabama, or the fired Starbucks workers in Memphis, Tennessee.
Workers World
February 18, 2022
Rob Scott of The Economic Policy Institute joins us to talk about our massive trade deficit – how it happened, and how it affects working people and they families.
Rick Smith Show
February 18, 2022
According to the Economic Policy Institute, many restaurant workers struggle to cover all of their living expenses, causing many to live in or near poverty. This fuels One Fair Wage to stand up in the fight against tip credit and to advocate for restaurant employees to receive the pay they deserve.
Mashed
February 18, 2022
However, according to the Economic Policy Institute, between 1979 and 2019 wages for the richest 1% in the U.S. have soared 160%, while the share of wages for the bottom 90% has shrunk by about 9 percentage points. While the wealthy let their money make more money through investments and business ventures, the majority of Americans earn their living through salaries and wages—yet, taxes on salaries and wages are significantly higher than taxes on investments.
Global Finance
February 18, 2022
BLACK WORKERS ARE 11 PERCENT more likely than the general population to be in unions. A 2007 study found that workplaces that are majority–Black female and were organized by Black women union organizers have the highest likelihood of success of any unionization campaign. By 2032, Black and brown workers will be a majority of the American working class, according to research from the Economic Policy Institute. This basic demographic fact underscores the critical importance of the labor movement doing whatever it takes to expand organizing of Black and brown workers.
The American Prospect
February 18, 2022
The court also granted in its order a motion filed by the National Employment Law Project, the Communications Workers of America, the Service Employees International Union, the National Women’s Law Center, and the Economic Policy Institute to submit an amicus brief in support of the government.
The Center Square
February 18, 2022
Today, Colorado is one of 23 states that either ban or limit collective bargaining for local employees, according to an analysis by the left-leaning Economic Policy Institute. The other 27 states require that local governments bargain with unions where they exist.
Colorado Public Radio
February 18, 2022
The Economic Policy Institute reports that teachers earn 19% less than similarly skilled and educated professionals. The EPI compared teachers’ and other professionals’ salaries on a weekly basis, and so took into consideration the weeks during the summer for which teachers are not paid.
The Salt Lake Tribune
February 18, 2022
A study from the Economic Policy Institute estimated child care for infants averages $9,480 a year or nearly $800 a month. The cost is slightly less for older children. The Economic Policy Institute estimated average costs for toddlers in North Carolina are around $8,000 a year.
ABC 11
February 18, 2022
According to a study released by the Economic Policy Institute (EPI), America has lost over 3.7 million jobs to China since 2001. The United States lost more than 700,000 jobs in the first two years of Donald Trump’s presidency. From 2001 to 2018, every state and congressional district has suffered job loss. However, five states have been crushed, based on total jobs lost. They include California (654,200 jobs lost), Texas (334,700), New York (185,200), Illinois (162,300), and Florida (150,500)
Data Driven Investor
February 18, 2022
Following his election, Biden made key moves to prioritize workers’ rights in trade policy, highlighted by hiring Thea Lee to oversee the Bureau of International Labor Affairs at Department of Labor, which includes responsibilities for enforcing labor rights under trade deals. Lee had been president of the labor-allied Economic Policy Institute and chief economist on international issues for the AFL-CIO before that, so having her oversee the Labor Department’s work at Silao helped ensure a free vote for workers there.
The Nation
February 18, 2022
At the beginning of the year, 21 states raised their per-hour minimum wages, ranging from a 22-cent inflation adjustment to $9.87 in Michigan to a $1.50 boost to $11 in Virginia, according to a report by the Economic Policy Institute.
Route Fifty
February 18, 2022
“I’m definitely worried,” said Josh Bivens, director of research at the Economic Policy Institute, a research group affiliated with the labor movement. “I’m worried before the end of the year we could’ve turned out to have hit the brakes too hard.”
Politico
February 18, 2022
“You’re seeing it beat inflation, just barely,” Elise Gould, a senior economist at the Economic Policy Institute, told CNBC.
The National Interest
February 18, 2022
In fact, the Economic Policy Institute found in 2020 that Gen Z was the generation most likely to see its members underemployed or unemployed on account of the Covid-19 pandemic. The Pew Research Center also found that Americans between the ages of 18 and 29, which covers both Gen Z and younger millennials, were among the most likely to lose a job during the pandemic, and they were the most likely group to be forced to take a pay cut.
CNBC
February 18, 2022
According to the Economic Policy Institute, the average compensation of U.S. chief executives grew 105% from 2009 to 2019 when adjusted for inflation, while the typical worker saw their compensation increase by just under 8%.
Healthcare Dive
February 18, 2022
This is called the “composition effect,” and it’s backed up by the fact that unionization rates didn’t change much between 2019 and 2021. COVID made 2020 an outlier, and as the Economic Policy Institute, a labor-backed think tank, predicts, “As the economy continues to recover and the pandemic composition effect continues to unwind, that will put downward pressure on unionization rates in 2022.”
Facing South
February 18, 2022
In testimony before Congress it depends on which political party is … Monique Morrissey an economist at the Economic Policy Institute agreed (paywall).
Benefits Pro
February 18, 2022
The workplace policy of mandatory arbitration — a process that requires workers to resolve disputes through a third party and outside of the court system — has become much more common in recent decades. A 2018 analysis from the Economic Policy Institute, a progressive think tank, found that more than half of private, nonunion employers (54%) in the U.S. use mandatory arbitration.
HR Dive
February 18, 2022
Features Larry discussing CEO pay. (paywall link).
BBC News
February 18, 2022
Will the lowest-paid Americans drive a wage-price spiral? We should be so lucky. But no, that doesn’t look likely. As Josh Bivens of the Economic Policy Institute observed last week, “Relative to the situation in the 1970s, the 2021 inflationary shock is playing out in a context of highly unbalanced bargaining power between labor and capital.” Bivens noted that Treasury Secretary Janet Yellen and Fed Chairman Jerome Powell both said recently that they saw no evidence of a wage-price spiral emerging. That sounded dangerously as though they believe wage-price spirals do exist. And indeed, the Fed will be raising interest rates over the next year. There’s some danger it will do so more than necessary to keep inflation in check. But if that happens, it won’t be because they spoke the forbidden words.
The New Republic
February 18, 2022
According to the Economic Policy Institute, in 2020, the ratio of CEO to typical-worker compensation was 351:1. In 2019 it was 307:1. Both figures are big increases from 1965 when it was 21:1.
Iowa Press Citizen
February 18, 2022
Citation: Bivens, J and L Mishel (2015), “Understanding the Historic Divergence between Productivity and a Typical Worker’s Pay: Why It Matters and Why It’s Real,” Economic Policy Institute
Vox EU
February 18, 2022
A recent report by the Economic Policy Institute finds Arizona is one of 33 states where infant child care is more expensive than college tuition.
KTAR News
February 18, 2022
because they are sick, are caring for someone else who is ill or are needed for child care, notes Valerie Wilson, an economist at the Economic Policy Institute.
The City
February 18, 2022