By Area of Research:
October 5, 2016 | EventsThe Economic Policy Institute, the National Consumers League and The American Constitution Society are honored to host author, Marlene Trestman, whose book, Fair Labor Lawyer, profiles Bessie Margolin.
September 27, 2016 | By Ross Eisenbrey | Press ReleasesThe middle class is set to get a raise on December 1, when the updated overtime pay rule goes into effect—giving working people more free time, more money in their wallets, or both.
September 27, 2016 | By Josh Bivens | BlogThere’s obviously plenty to criticize regarding Donald Trump’s claims and characterizations about the problems facing the U.S. economy during last night’s debate.
September 27, 2016 | EventsOn Tuesday, September 27th at 11 a.m. Eastern, the Economic Policy Institute will host a panel discussion to discuss new research showing that the gap between black and white workers’ wages was larger in 2015 than in 1979.
September 25, 2016 | EPI NewsBlack-white wage gaps expand with rising wage inequality In a new report, EPI’s Valerie Wilson and Rutgers University professor William M. Rodgers, III write that racial wage gaps in 2015 were larger than they were in 1979. The report finds that racial wage gaps are growing primarily due to discrimination, along with rising inequality in general. The impact of growing racial wage gaps over the last 36 years has been especially detrimental to the economic wellbeing of African Americans since this was also a period of weak wage growth for the vast majority of workers.
September 23, 2016 | Events
September 22, 2016 | By Hunter Blair | Economic SnapshotSince 1952, corporate profits as a share of the economy have risen dramatically (from 5.5 percent to 8.5 percent), while corporate tax revenues as a share of the economy have plummeted (from 5.9 percent to just 1.9 percent).
September 21, 2016 | By Daniel Costa | TestimonyEPI’s Daniel Costa delivered the following testimony before the Indiana Senate’s Select Committee on Immigration Issues on Wednesday, September 21, 2016, at 1:00 p.m.
September 20, 2016 | By Ross Eisenbrey | Press ReleasesToday, the Chamber of Commerce and several states, including Texas, filed two different suits attempting to gut the Department of Labor’s updated overtime pay rules, which will restore a guarantee of overtime pay to more than 12 million salaried employees.
September 20, 2016 | By David Cooper | State Jobs PictureThe August State and Regional Employment report, released today by the Bureau of Labor Statistics, showed that most states ended the summer with continued modest job growth and mostly stable rates of unemployment.
September 20, 2016 | By Josh Bivens | BlogThis week the Federal Open Market Committee (FOMC) will meet to decide whether or not to raise interest rates. By now this is a familiar debate.
September 18, 2016 | EPI NewsNew data show across-the-board income and wage growth On Tuesday, the Census Bureau released data that showed impressive (and long-awaited) improvements to household incomes in 2015. EPI analysis of the data shows superb income growth, with black and Hispanic workers seeing the fastest growth. Yet, despite the rise in annual earnings and household incomes in 2015, income inequality continues. EPI also released state-by-state maps that show poverty rates fell in 23 states while income rose in 11 states and the District of Columbia.
September 15, 2016 | By Janelle Jones | BlogState income data from the American Community Survey show a 3.8 percent increase in real (inflation-adjusted) median household income for the country as a whole. This translates to an increase of $2,056 in the annual income of the typical U.S. household.
September 15, 2016 | By Janelle Jones | BlogThe poverty rate fell in many states between 2014 and 2015, according to this morning’s release of state poverty statistics from the American Community Survey.
New Census data show strong 2015 earnings growth across the board, with black and Hispanic workers seeing the fastest growth
September 13, 2016 | By Valerie Wilson | BlogToday’s Census Bureau report on income, poverty, and health insurance coverage in 2015 shows that median household incomes for all race and ethnic groups increased between 2014 and 2015.
September 13, 2016 | By Elise Gould | BlogIn recent decades, the vast majority of Americans have experienced disappointing growth in their living standards—despite economic growth that could have easily generated faster gains in their living standards had it been broadly shared.
September 11, 2016 | EPI NewsThe Trans-Pacific Partnership would hurt black and Hispanic workers The Trans-Pacific Partnership would expand trade with low-wage, less-developed countries, reducing the wages of nearly 100 million non-college educated American workers by $180 billion each year. A new Economic Snapshot shows that the Trans-Pacific Partnership would be especially harmful to black and Hispanic workers, who already suffer higher unemployment and lower wages than whites.
September 9, 2016 | By Elise Gould | BlogNext Tuesday, the Census Bureau will release its data on income, poverty, and health insurance coverage for 2015, which will give us a better picture of how working families are—and are not—recovering from the Great Recession.
September 8, 2016 | By Robert E. Scott | Economic SnapshotThe White House is making one last push for passage of the Trans-Pacific Partnership agreement. However, growing imports of goods from low-wage, less-developed countries, which nearly tripled from 2.9 percent of GDP in 1989 to 8.4 percent in 2011, reduced the wages of the typical non-college educated worker in 2011 by “5.5 percent, or by roughly $1,800—for a full-time, full year worker earning the average wage for workers without a four-year college degree,” as shown by my colleague Josh Bivens.
September 7, 2016 | By Ron Hira | BlogHoping to equate the H-1B temporary foreign worker program with permanent immigration, advocates often lump the H-1B visa together with lawful permanent residence (also known as “green card” status).
September 4, 2016 | EPI NewsUnion decline lowers wages of nonunion workers In a new EPI report, Washington University’s Jake Rosenfeld writes that the dramatic decline in union density since 1979 has resulted in far lower wages for nonunion workers—at every level of education and experience. The impact of declining unionization equals a $133 billion loss in annual wages for nonunion workers. A new Economic Snapshot based off this research shows how union decline has exacerbated wage inequality in the United States.
September 2, 2016 | By Robert E. Scott | BlogThe single largest cause of the growing manufacturing trade deficit is malign neglect of currency manipulation over the past 20 years by the U.S. government.
September 2, 2016 | By Elise Gould | BlogToday’s jobs report came in somewhat underwhelming. This morning, I compared payroll employment growth to weak tea and the labor market saw little to no improvement in other key measures.