EPI in the news

• Wait until you hear why this conservative thinks Black people don’t deserve reparations

  According to the Economic Policy Institute, 19 percent of black households have zero or negative net worth. Just 9 percent of white families are that poor. Today’s racial wealth gap is perhaps the most glaring legacy of American slavery and the violent economic dispossession that followed.

  Thegrio.com | April 7, 2023
• The CHIPS Act reinforces the obvious: Child care is a public necessity

  Also, the Economic Policy Institute estimates an investment that caps child care expenditures at 10 percent of a family’s income could increase women’s workforce participation enough to boost America’s GDP by about $210 billion.  

  The Hill | April 7, 2023
• More Perfect Union Uses Advocacy Journalism to Fight for Workers’ Rights

  After all, we are again living in a time of runaway greed. According to the Economic Policy Institute, between 1978 and 2020, CEO pay increased 1,460%, while a typical worker’s compensation went up only 18% during the same period. 

  Teen Vogue | April 7, 2023
• Stronger protections needed to stop ‘upsurge’ in US child labor violations, expert says

  “It’s bizarre they’re happening at the same time because when we see an uptick in child labor, logically, that should be when we actually strengthen our laws and try to think about what we can do to protect children,” Gerstein, a fellow at the Center for Labor and a Just Economy at Harvard Law School and the Economic Policy Institute, said on Boston Public Radio.

  WGBH | April 7, 2023
• H-2B visa cap reached for early second half of fiscal year 2023

  USCIS routinely releases extra visas to meet demand, but the H-2B visa program has faced some scrutiny of late. An August report from the Economic Policy Institute found that industries that employ H-2B visa workers accounted for nearly $1.8 billion in wage and hour violations during the past two decades — meaning the program could be exploiting the migrant workers it serves, as well as the U.S. citizens they work beside.

  HR Dive | April 7, 2023
• Amazon spent unmatched $14 million on labor consultants in anti-union push

  The company’s spending on anti-union consultants dwarfs that of other companies. Starbucks was the top spender in 2021, shelling out $4.3 million, while the next highest figure came in at less than $2.7 million, according to a new report from the left-leaning Economic Policy Institute.

  The Hill | April 7, 2023
• Inequality costs Social Security trillions. Here’s how to fix it.

  These politicians are focused on protecting their wealthy donors, who pay less into Social Security than ever. The Economic Policy Institute (EPI) recently found that as inequality increases, a record share of all earnings are above the $160,200 cap on Social Security contributions.

  Nevada Current | April 7, 2023

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