A new paper from the left-leaning Economic Policy Institute showed that 80% of job losses in 2020 were concentrated among the lowest 25% of wage earners, while the workers in the top half of the distribution saw gains in employment.
“It is always true that recessions hit low- and middle-income people harder, but I have never seen anything like this,” said Heidi Shierholz, the institute’s policy director and a former chief Labor Department economist.
Bloomberg
March 26, 2021
A report by the Economic Policy Institute in December 2019 found employers are charged with violating federal law in more than 54% of union elections with large bargaining units and US employers spend roughly $340m annually on consultants who specialize in union avoidance.
The Guardian
March 26, 2021
El desempleo en California se disparó del 4.4 por ciento el 31 de marzo de 2020 al 15.9 por ciento a finales de junio, según el Economic Policy Institute, un grupo de investigación independiente de Washington D.C.
Los Angeles Times
March 26, 2021
A 2020 report from the left-leaning Economic Policy Institute (EPI) looked at how CEO compensation has grown in contrast to workers’ wages. Focusing on “realized” compensation for CEOs – which “counts stock awards when vested and stock options when cashed in rather than when granted” – EPI found that, in 2019, the ratio between CEO pay and the typical worker’s pay was 320-to-1.
Markets Insider
March 26, 2021
Shareholders typically don’t balk at lavish rewards for executives so long as they line up with a company’s performance. In recent decades, payouts have boomed; between 1978 and 2018, CEO compensation grew by more than 1,000%, according to the Economic Policy Institute.
CNN
March 26, 2021
As the Economic Policy Institute has explained, these restrictions were strikingly effective. In 1964, for instance, only 22.5 percent of Black Americans living in Alabama, Georgia, Mississippi, North Carolina, and South Carolina were registered to vote; the situation was particularly dire in Mississippi, where nearly 95 percent of white Americans were registered to vote, but only 5.1 percent of Black residents were.
VOX
March 25, 2021
However, some research points to the opposite result: An analysis from the left-leaning Economic Policy Institute found that one fair wage states have actually had more restaurant growth than other states, with both the number of full-service restaurants and people employed in them growing.
Business Insider
March 25, 2021
Not only was there an unequal wealth distribution in 2020, but recovery amid the pandemic seems to also be unequal when looking at recovery by race and ethnicity. The Economic Policy Institute (EPI) analyzed data from the last two quarters of 2020 to see how unemployment rates differed by race and ethnicity around the nation.
“While unemployment rates fell for all groups over the third and fourth quarters, Hispanic unemployment remained 60% higher than white unemployment, while Black unemployment rose from 60% higher to 90% higher,” EPI wrote.
Business Insider
March 25, 2021
At the same time, the Economic Policy Institute, a left-leaning think tank, called on the administration to continue the duties. It hosted a call with representatives of United Steelworkers union and said that the duties helped boost output and create thousands of jobs. The industry is concentrated in politically sensitive swing states including Michigan, Ohio and Indiana.
Bloomberg
March 25, 2021
United Steelworkers (USW) International President Tom Conway issued the following statement in response to today’s Economic Policy Institute (EPI) report on the continuing need for Section 232 relief:
United Steelworkers
March 25, 2021
A recent report from the Economic Policy Institute on farm labor enforcement trends over the past 20 years found that more than 70% of federal labor standards investigations of farms conducted by the department’s Wage and Hour Division detected violations — “things like wage theft and inadequate housing, as well as other violations of laws designed to protect farmworkers.”
In addition, about 11% of WHD agricultural investigations found violations of H-2A regulations.
Agri-Pulse
March 24, 2021
Features interview with Heidi Shierholz.
Washington Post
March 24, 2021
Panelist Rob Scott, senior economist at the Economic Policy Institute, has been pounding the table on this issue for a few years now. He sees this as a headwind for manufacturing, a sector that is famous for hiring blue-collar workers and paying good wages, giving them a chance to enter in and stay in the middle class. In 2019, he wrote an op-ed in the New York Times highlighting how Senator Elizabeth Warren and President Trump actually saw eye-to-eye on how an overvalued dollar was a major stumbling block for American manufacturing labor.
“The simplest way to make the dollar less attractive is to impose a tax on foreign purchases of US assets,” Scott said. “You can tax new purchases of US assets, so this is not a tax on US investors. We have lost 5 million manufacturing jobs over the last 20 years, which has led to the devastation of the industrial heartlands in the upper northeast and Midwest and Southeast. And it has been especially harmful for non-college educated workers.”
Coalition for a Prosperous America
March 24, 2021
At the same time, the Economic Policy Institute, a left-leaning think tank, called on the administration to continue the duties. It hosted a call with representatives of United Steelworkers union and said that the duties helped boost output and create thousands of jobs. The industry is concentrated in politically sensitive swing states including Michigan, Ohio and Indiana.
Bloomberg
March 24, 2021
The average wage grew so much, and so fast, because millions of the lowest paid workers lost their jobs.
A report analyzing the data, from the Economic Policy Institute, provides insight into a labor market with growing inequality among the highest and lowest paid workers, at a time of high union support and low union membership.
“All of the job losses are happening in the bottom half of the wage distribution,” said Elise Gould, senior economist at the Economic Policy Institute and co-author of the paper examining this phenomenon. “And the top half is actually seeing some wage gains.”
KTVU-TV
March 24, 2021
A new paper from the left-leaning Economic Policy Institute showed that 80% of job losses in 2020 were concentrated among the lowest 25% of wage earners, while the workers in the top half of the distribution saw gains in employment.
“It is always true that recessions hit low- and middle-income people harder, but I have never seen anything like this,” said Heidi Shierholz, the institute’s policy director and a former chief Labor Department economist.
Bloomberg
March 23, 2021
A report by the Economic Policy Institute in December 2019 found employers are charged with violating federal law in more than 54% of union elections with large bargaining units and US employers spend roughly $340m annually on consultants who specialize in union avoidance.
The Guardian
March 23, 2021
El desempleo en California se disparó del 4.4 por ciento el 31 de marzo de 2020 al 15.9 por ciento a finales de junio, según el Economic Policy Institute, un grupo de investigación independiente de Washington D.C.
Los Angeles Times
March 23, 2021
A 2020 report from the left-leaning Economic Policy Institute (EPI) looked at how CEO compensation has grown in contrast to workers’ wages. Focusing on “realized” compensation for CEOs – which “counts stock awards when vested and stock options when cashed in rather than when granted” – EPI found that, in 2019, the ratio between CEO pay and the typical worker’s pay was 320-to-1.
Markets Insider
March 23, 2021
Shareholders typically don’t balk at lavish rewards for executives so long as they line up with a company’s performance. In recent decades, payouts have boomed; between 1978 and 2018, CEO compensation grew by more than 1,000%, according to the Economic Policy Institute.
CNN
March 23, 2021
Raise the federal minimum wage to $15 per hour. The clearest way for federal policymakers to raise essential workers’ wages permanently is to—finally—raise the federal minimum wage to $15 per hour. For too long, the federal minimum wage has been stuck at $7.25 per hour. The wages for essential care workers are so low that nearly 20% of them live in poverty, and more than 40% rely on some form of public assistance; the typical wages for a grocery cashier would put a family of four below the poverty line. A $15 per hour federal minimum wage would disproportionately benefit essential workers such as cashiers, care workers, security guards, warehouse workers, retail staff, nursing assistants, and cleaners. The Economic Policy Institute estimates that a $15 federal minimum wage would lift the pay of 32 million workers, over 60% of whom are essential or frontline workers. While Democrats’ push to include a $15 minimum wage in the American Rescue Plan failed, the Biden administration and Democratic leaders in Congress have pledged continued support for it. Without additional senators’ backing, successful passage of a minimum wage increase may require compromises such as a more gradual increase, a lower hourly raise, regionally adjusted wages, and/or additional support for businesses.
Brookings Institution
March 19, 2021
While CEOs have always made more than rank-and-file workers, the ratio has ballooned in recent decades — and wages for top executives have increased dramatically faster than average workers’. The Economic Policy Institute found CEO compensation had surged 940% from 1978 to 2018 while the typical worker pay had risen only 12% over the same timeframe.
CBS News
March 19, 2021
And those outraged Americans, to a remarkable extent, succeeded. By the mid 1960s, Economic Policy Institute research details, corporate chiefs were averaging no more than 20 to 25 times the pay of America’s typical workers.
Inequality.org
March 19, 2021
The Economic Policy Institute, a pro-labor think tank, reports that 51% of workers who would benefit from a $15 minimum wage nationally are adults between the ages of 25 and 54, with only 10% being teenagers. Fifty-four percent work full time, and 28% have children, per the institute, which also says a wage hike would particularly benefit people of color.
Bay to Bay News
March 19, 2021
It was Larry Mishel and other economists at the Economic Policy Institute who began the annual calculations of this ratio two decades ago. The Dodd-Frank Act, passed in 2010, required the Securities and Exchange Commission to calculate that ratio annually, too, but it took the Wall Street–friendly SEC eight years to comply with the act’s mandate. More than a decade ago, Sarah Anderson and other economists at the Institute for Policy Studies began calling for a ratio tax, and around then, I began banging the drum for it in my columns at both the Prospect and The Washington Post. After reading one such column, a member of the Portland, Oregon, city council persuaded his colleagues to enact such a tax in 2016, and last November, voters in San Francisco enacted it by referendum. Such a tax would clearly have far greater impact, however, if applied nationwide.
The American Prospect
March 19, 2021
Hira, along with Rutgers University public policy professor Hal Salzman and Daniel Costa, a director at the left-leaning Economic Policy Institute, in jointly submitted comments about the proposed rule to the Labor Department, asserted that those private wage surveys — which allow companies to set H-1B pay based on purchased survey data rather than U.S. Bureau of Labor Statistics wage estimates — can be unreliable and provide a loophole for employers.
Silicon Valley
March 19, 2021
“Men at the middle and bottom of the wage distribution saw their wages rise in 2019: a 2.6% increase at the 50th percentile and a striking 5.7% increase at the 10th percentile, along with a 4.2% increase at the 20th percentile,” according to the 2019 yearly report, by the left-wing Economic Policy Institute.
Breitbart
March 19, 2021
“According to the Economic Policy Institute, 63% of minimum wage earners in this country are older than 25,” he said. “Sixty percent of low-wage workers are women, 51% are people of color, and 50% are working full-time. Minimum wage earners are farm workers, or grocery store workers, or janitors, or delivery drivers; the men and women who care for our children and seniors every day, and even some of our state employees.”
WDEL
March 19, 2021
Matter of Fact
March 19, 2021