“What does it say about the greatest country on Earth, the land of the greatest opportunities, if we know what we need to do to address the problem, but only do it periodically for limited amounts of time?” Valerie Wilson of the Economic Policy Institute asked during Monday’s panel discussion.
Common Dreams
June 23, 2023
“The overall broad trend is that employers are desperate for workers who will accept bad wages and crappy conditions, like always,” said Daniel Costa, director of immigration law and policy research at Washington, D.C.-based think tank Economic Policy Institute. “With the pandemic, a drop-off in immigration and more people out of the workforce … that’s a recipe for more youth labor. And we’re seeing states rolling back child labor laws. That’s scandalous.”
Crain's Detroit Business
June 23, 2023
“The kind of churn that we’ve seen in this labor market, even though it’s down from a year ago, is higher than it [has been] historically; that is unusual,” says Elise Gould, a senior economist at the Economic Policy Institute. “The labor market has been incredibly resilient to the rising interest rates, the layoffs that we saw; the data is not showing that it is weakening, at least not yet.”
Fast Company
June 23, 2023
To identify the states that have introduced legislation or enacted laws to make it easier and cheaper to employ minors, 24/7 Wall St. reviewed an analysis of enacted or pending state legislation across the country by the Economic Policy Institute, a left-leaning labor-policy nonprofit research group. The status of pending legislation has been updated as of May 31.
24/7 Wall St.
June 23, 2023
Yesterday at the Economic Policy Institute’s Working Economics Blog, in a posting that preceded the latest news about Alito from ProPublica, Eve Tahmincioglu, Celine McNicholas and Daniel Costa wrote about why these Supreme Court justices’ close ties with business interests are a clear threat to workers’ rights:
The Stand
June 23, 2023
Elise Gould, senior economist at the Economic Policy Institute, said even as women try to educate themselves out of the pay gap, “the average wage for women with advanced degrees is still lower than the average wage for men with only a college degree.”
Marketplace
June 23, 2023
Teachercertification.com analyzed cost-of-living data from the Economic Policy Institute’s Family Budget Calculator alongside income and employment data from the Bureau of Labor Statistics for elementary, middle, and high school teachers to see where the biggest gaps between living costs and income exist.
Citizen Tribune
June 23, 2023
The dissertation set the tone for four decades of research and leadership by a scholar-activist of great intellect and great conscience, who went on to chair the economics department at Howard University, helped to define the Economic Policy Institute’s work on labor issues, led the National Commission for Employment Policy and the National Wage Record Database Design Project Report for the Clinton administration, served as assistant secretary for policy in Obama’s Labor Department, and spent the last decade of his life teaching economics at Howard and working with the AFL-CIO.
Capitol Times
June 23, 2023
If approved by Gov. Hochul, the noncompete agreement bill could have expansive effects: About 44% of employers statewide subject some workers to noncompete agreements, according to the Economic Policy Institute, a nonprofit.
NY Daily News
June 23, 2023
Here’s everything we talked about today:
NPR Marketplace
June 23, 2023
And then there’s the issue of affordable child care. As any parent knows, child care can quickly become a family’s top expense — $1,412 a month on average for caring for an infant in California, according to the Economic Policy Institute. As a result, one parent, often a mother, is forced to choose between going to work or staying home to fulfill the family’s child care obligations.
The Hill
June 23, 2023
And then the other challenge, and this is a chart that is near and dear to the president’s heart. OK, near and dear is a weird way to describe a chart, also a grumpy chart, but I will say that one of the things, and this is I’ve known the, I’ve worked with the president a little bit before this campaign and over the years and this chart, which I think of as the Economic Policy Institute special, so Larry Mishel, if you’re watching, I did say that, but this chart shows the gap between productivity and wages over time
Berkeley News
June 23, 2023
Landing in the top 10% is a fairly attainable goal for upwardly mobile Americans. A study by the Economic Policy Institute (EPI) found that the average earnings of those in the top 10% were roughly $173,000 in 2020.
MoneyWise
June 23, 2023
Bloomberg Law
June 23, 2023
Although the Economic Policy Institute notes that 65.1% of current laborers do not have a college degree, nearly all of the top-paying jobs require advanced education.
Forbes
June 23, 2023
State preemption (state interference) is something that I am very passionate about. The Economic Policy Institute released a report on Sept. 30, 2020, titled, “Preempting Progress: State interference in local policymaking prevents people of color, women, and low-income workers from making ends meet in the South.” The key findings of the report were that “preemption laws in the South are deeply intertwined with a long history of events that have reinforced anti-Black racism and white supremacy and are passed by majority-white legislatures.
The Tennessean
June 23, 2023
Barber’s Forward Together Moral Movement gained national acclaim through its weekly Moral Monday protests that attracted thousands to the North Carolina General Assembly in 2013, according to the Economic Policy Institute.
CNN
June 23, 2023
Still, the government can’t contend with a shortage of teachers, an issue that was accelerated by the pandemic and is most severe in poverty-stricken areas that need it the most. The only way to solve this, according to a December 2022 Economic Policy Institute report is to increase pay for teachers and provide more support in classrooms.
Business Insider
June 23, 2023
Josh Bivens, research director at the Economic Policy Institute, a left-leaning think tank, said Team Biden has a strong case to share on the trail because the jobs market in particular is “the best labor market in generations.”
“I think the case is really strong. People hate inflation, and the media has talked a ton about inflation. That has been dominating their perception of the economy for a couple of years. But my guess is, unless something really changes, the inflation normalizing in the face of still strong labor markets—I think that’s a really good record they should be able to run on,” he said.
The Hill
June 23, 2023
A study conducted by the Economic Policy Institute found that small businesses are less likely to engage in mass layoffs during economic downturns compared to large corporations. This resilience helps maintain a stable employment base, thereby reducing unemployment rates and enhancing community well-being.
Minneapolis Star Tribune
June 23, 2023
According to the Economic Policy Institute (EPI), childcare costs vary wildly too, depending on where a family lives. For example, here are the recent average annual costs of infant care in 10 states:
Motley Fool
June 23, 2023
“That level of economic insecurity, I think, feeds into the more harmful impact of a job loss when you don’t have another earner in your household income,” Valerie Wilson, director of the Economic Policy Institute’s Program on Race, Ethnicity, and Economy, told NBC News. “And then if there are not sufficient savings to sort of fill in that loss of income until someone can find a job.”
Black Enterprise
June 23, 2023
That is a shocking statistic and a sign of the country’s deep racial inequality. Over the past five years, however, the story has changed somewhat: The wage gap, though still enormous, has shrunk. “It’s a pretty meaningful reversal,” Elise Gould, a senior economist at the Economic Policy Institute, told me.
New York Times
June 23, 2023
The national Economic Policy Institute ranks Wisconsin 20th in the nation for most expensive infant care, finding that the average Wisconsin family with two children would have to spend about a third of their annual income on child care.
Wisconsin Public Radio
June 16, 2023
You may have read about how Americans, on average, are coming up short when it comes to building their retirement nest eggs. According to data from the Economic Policy Institute, the median retirement savings for all working-age households is $95,776.
GO Banking Rates
June 16, 2023
Bills that aim to weaken child labor laws have been introduced or passed in 10 states over the last two years, according to a study from the left-leaning Economic Policy Institute released in March.
ABC News
June 16, 2023
Larry Mishel, who was a colleague of Bill’s when both worked at the Economic Policy Institute, was a friend since they were in graduate school together at Madison beginning in the late 1970s. Bill was the only Black student in their entering cohort. Larry has written:
…
But the thing that made Bill Spriggs most special, from my experience, was his personal sweetness and generosity blended with political toughness and commitment. Valerie Wilson, who directs EPI’s much acclaimed Program on Race, Ethnicity, and the Economy, has written:
American Prospect
June 16, 2023
The federal government has vowed to crack down on violations of child labor laws, but the Economic Policy Institute, which examines the economic impact of government policies, reports that in the last two years, at least fourteen states have either passed or introduced measures to weaken the laws protecting children from dangerous working conditions. They permit longer work hours and more dangerous work, lower the ages for work around alcohol, or introduce new subminimum wages for children.
Substack
June 16, 2023
The dissertation set the tone for four decades of research and leadership by a scholar-activist of great intellect and great conscience, who went on to chair the economics department at Howard University, helped to define the Economic Policy Institute’s work on labor issues, led the National Commission for Employment Policy and the National Wage Record Database Design Project Report for the Clinton administration, served as assistant secretary for policy in Obama’s Labor Department, and spent the last decade of his life teaching economics at Howard and working with the AFL-CIO.
The Nation
June 16, 2023