By Area of Research:
July 27, 2015 | LetterEPI and its partners sent the following letter urging the Department of Labor to not extend the comment period for its proposal to raise the salary threshold under which salaried workers are eligible for overtime pay.
July 24, 2015 | By Ross Eisenbrey | MultimediaEPI Vice President Ross Eisenbrey testified before a hearing held by the U.S. House Subcommittee on Workforce Protections on the topic of the Obama administration’s new overtime proposal.
News from EPI › EPI to Host Presentation on the Greek Debt Crisis and Negotiations by James Galbraith
July 23, 2015 | Media AdvisoryOn Tuesday, July 28, 2015 at 12:00 PM Eastern, the Economic Policy Institute and the AFL-CIO will co-host a presentation by James Galbraith, an economist and professor at the University of Texas–Austin, on the Greek debt crisis and what the outcome of the negotiations is likely to mean for the Greek and European economies.
July 23, 2015 | By Elise Gould | Economic snapshotBetween 1979 and 2007, the majority (61 percent) of the rise in annual earnings of middle-earnings households was due to increasing annual hours and not increasing wages.
July 23, 2015 | By Ross Eisenbrey | TestimonyTestimony of EPI Vice President Ross Eisenbrey on July 23, 2015, before the U.S. House of Representatives Subcommittee on Workforce Protections’ hearing, “Examining the Costs and Consequences of the Administration’s Overtime Proposal.” Secretary of Labor Tom Perez and President Obama should be applauded for the steps they have taken to restore and strengthen the Fair Labor Standards Act’s overtime protections.
July 22, 2015 | InteractiveThe federal minimum wage has not been raised since 2009. In the absence of action at the national level, many states and localities have raised their own minimum wages.
July 21, 2015 | By David Cooper | BlogThe June State Employment and Unemployment report from the Bureau of Labor Statistics showed little change in state labor markets heading into the summer months.
July 21, 2015 | By Christian Dorsey | MultimediaEPI Director of External and Government Affairs Christian Dorsey explains why it’s time to expand Social Security.
July 20, 2015 | By Monique Morrissey | BlogIt is reasonable to ask why there has been an increase in the share of awards for musculoskeletal conditions, and why increases in life expectancy due to such factors as a steep decline in smoking and advances in the treatment of cardiovascular disease haven’t led to a decline in overall disability, especially since fewer jobs now require hard physical labor.
The Federal Reserve Can Help Close Gender and Racial Wage Gaps by Pursuing Full Employment: Report from the Center for Popular Democracy and the Economic Policy Institute
July 16, 2015 | By Josh Bivens | Working PaperThe Federal Reserve can contribute to closing gender and racial wage gaps by setting a clear target for wage growth and not considering an interest-rate hike until wage growth has strengthened.
July 15, 2015 | By Monique Morrissey | BlogIs it possible that SSDI has a noticeable impact on labor force participation, a measure that includes unemployed workers actively looking for work? It might, but as will be detailed in this blog post, there are more likely explanations for the relative decline in labor force participation in the United States compared to Europe, including more supportive labor market policies in Europe.
July 15, 2015 | By Lawrence Mishel | Economic snapshotBetween 2007 and 2014 the median worker’s wages and compensation declined, respectively, by 4.0 and 1.9 percent. Among the bottom 40 percent of workers there was an even greater decline in compensation than there was in wages, indicating that including benefits as well as wages in an analysis results in a more adverse trends
July 14, 2015 | By David Cooper | Briefing PaperRaising the federal minimum wage to $12 by 2020 would restore its value to a level that ensures full-time work is a means to escape poverty, and would provide tens of millions of America’s lowest-paid workers with a small yet long-overdue improvement in their standard of living.
July 13, 2015 | By Lawrence Mishel | BlogHillary Clinton appropriately defines her economic policy goal as raising “incomes for hardworking Americans so they can afford a middle-class life” rather than “hitting some arbitrary growth target untethered to people’s lives and livelihoods.”
July 9, 2015 | By Valerie Wilson | Economic snapshotWhile it is evident that the overall rate of workers holding multiple jobs has decreased, a disparity emerges when this data is broken out by gender—namely, that working multiple jobs is something more prevalent among women, and young women in particular.
July 8, 2015 | By Monique Morrissey | Blog(This is the third of six blog posts on disability.) In two earlier blog posts, I look at evidence compiled in Senate testimony by Stanford economist Mark Duggan arguing that financial incentives are driving a growth in disability rolls.
July 8, 2015 | By Josh Bivens | Fact SheetThe Fed’s priorities should be spurring full employment and creating space for healthy wage growth.
July 7, 2015 | By Elise Gould | BlogThe referee might miss an occasional handball, but a soccer game isn’t rigged in favor of one group of players over another. Unlike a soccer game, the most powerful economic actors have rigged the labor market against everyday hardworking Americans.
July 7, 2015 | By Richard Rothstein | CommentaryThis article was originally published in The American Prospect on July 5, 2015. In June, the Supreme Court issued several decisions with big policy implications.
EPI Economist Explains the Importance of President Obama’s Overtime Rules and How They Can Benefit You
July 7, 2015 | By Ross Eisenbrey | MultimediaEPI vice president Ross Eisenbrey talked with The Rick Smith Show about the new overtime salary threshold and how overtime protections affect U.S.
July 6, 2015 | By Ross Eisenbrey | MultimediaSince 1938, we’ve had laws to protect workers from being forced to work overtime without getting paid for it. It’s a simple principle: pay people for the work they do.
July 6, 2015 | By Ross Eisenbrey | AudioEPI vice president Ross Eisenbrey joined Texas Public Radio’s “The Source” to discuss how the new overtime salary threshold affects workers and the economy.
Supreme Court: Fair Housing Act Bars Policies that Segregate, even if Segregation is not Intentional
July 6, 2015 | By Richard Rothstein | BlogIn June, Supreme Court decisions on Obamacare and same-sex marriage overshadowed another important decision, this one on housing discrimination, confirming that the Fair Housing Act not only prohibits actions or policies that are intentionally bigoted, but also those that have the effect of disadvantaging minorities, even where no racist intent can be proven.
July 4, 2015 | By Lawrence Mishel | BlogGlenn Hubbard, a leading conservative economist and key adviser to GOP candidate Jeb Bush, does not seem to believe there is a wage stagnation problem.
July 3, 2015 | By Josh Bivens | BlogThe overtime rules the Obama administration announced Tuesday target genuine problems that middle-wage households face. They also do not require approval from Congress.
July 2, 2015 | By Elise Gould | BlogAverage hourly earnings held steady between May and June at $24.95 per hour, a paltry increase of 2.0 percent over June 2014.
July 2, 2015 | By Elise Gould | BlogWhile job growth was decent in June (though the downward revisions to April and May were disappointing), the news on unemployment was actually less welcome.
July 2, 2015 | By Valerie Wilson | BlogSummer is typically the time of year when we see the highest rates of employment for teens — young people between the ages of 16 and 19.