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July 12, 2016 | By Lawrence Mishel | BlogWages rising faster than the rate of inflation should be the norm in the American economy and should occur all the time, without fanfare and self-congratulation from employers. That wage increases are newsworthy even while unemployment is below five percent is quite telling. Even at such a low unemployment rate, all the power in the employment relationship still rests with employers.
June 29, 2016 | By Lawrence Mishel | BlogTrump’s latest take on trade is a scam. He claims to be offering a path for workers, but is actually just offering mostly empty boxes on trade. What exactly is he trying to accomplish with renegotiated trade deals? And if his so keen to help working people, why does he then steer the discussion back toward the traditional corporate agenda of tax cuts for corporations and the rich? Some pro-worker, anti-elite populist Trump is.
June 17, 2016 | By Lawrence Mishel | BlogFrom time to time researchers have raised technical measurement issues with our research showing that the compensation of a typical worker has diverged from overall productivity. The Heritage Foundation’s James Sherk—a repeat player—has a new entry.
June 13, 2016 | By Lawrence Mishel | VideoOn Thursday, June 9, EPI President Lawrence Mishel, on behalf of the EPI Policy Center, addressed the Democratic National Convention Platform Drafting Committee about the need for a policy agenda that proactively addresses decades of wage stagnation.
June 13, 2016 | By Lawrence Mishel | VideoLawrence Mishel, president of the Economic Policy Institute Policy Center, delivered testimony before the Democratic National Convention Platform Drafting Hearing on June 9, 2016, in Washington, D.C.
June 9, 2016 | By Lawrence Mishel | TestimonyI am Lawrence Mishel, and I am representing the Economic Policy Institute Policy Center. Thank you for inviting me to testify today.
April 26, 2016 | By Lawrence Mishel | BlogAn interesting story in the New York Times this morning looks at the effect that job losses from trade have had on people’s political views. It’s no surprise that voters on the losing end of globalization are disenchanted with the political mainstream, as the Times puts it. They have every right to be.
January 14, 2016 | By Lawrence Mishel | VideoEPI President Larry Mishel joined C-SPAN’s “Washington Journal” to discuss economic policies and goals put forth by President Obama in the State of the Union.
January 14, 2016 | By Lawrence Mishel | BlogAn annotated discussion of the discussion of wages and inequality in President Obama's State of the Union address.
Despite Freelancers Union/Upwork claim, freelancing is not becoming Americans’ main source of income
December 9, 2015 | By Lawrence Mishel | Briefing PaperWhile there are important issues regarding the economic security of freelancers, hype about freelancing and gig work perhaps distracts from broader issues that deserve attention, such as the spread of employee misclassification.
Claims of an exploding gig economy are contradicted by the lack of growth of self-employed workforce
October 28, 2015 | By Lawrence Mishel | Economic SnapshotOne way to track growth in the “gig,” or Uber, economy is to identify the share of workers that are self-employed. As Justin Fox has written, self-employment has actually fallen, contradicting the notion of an exploding gig economy in which everyone will soon be a freelance worker.
4.7 Million Millennials Would Directly Benefit from Raising the Overtime Salary Threshold to $50,440
August 5, 2015 | By Lawrence Mishel | Economic SnapshotIf the overtime salary threshold is raised to $50,440, then 6.7 million millennials, or 4.7 million more than are currently covered, would directly benefit from the proposed salary threshold, with most of them gaining new rights to overtime eligibility.
News from EPI › SEC Rule is a Solid Step in Recognizing the Contribution Skyrocketing CEO Compensation Makes to Inequality
August 5, 2015 | By Lawrence Mishel | Press ReleasesI am heartened that the SEC is finally adopting its CEO pay ratio disclosure rule. EPI has been studying CEO pay and worker pay for more than 20 years.