Two multi-ethnic mature workers in their 40s at the back of a truck, loading or unloading a large cardboard box. The men are wearing plaid shirts, reflective vests and jeans.
Worker pay
Trump is pushing to include risky assets in 401(k)s Graphic shows 2 older people walking up the bars of a graph but the bars are cracking and falling like ancient pillars
401(k)s
The data accountability dashboard from Economic Policy Institute - Providing an accountability check against efforts to manipulate government data.
Shutdown
Immigration FAQ

Low-wage workers saw their real wages decline in 2025, a sharp reversal from the historically fast real wage growth they had experienced over the previous five years. This reversal was not inevitable—it was caused by policy decisions that weakened the labor market.

The Trump administration chaotically imposed historically high tariffs, conducted cruel mass deportations, and implemented massive layoffs among federal agencies—all of which led to increased economic uncertainty.

Low- and middle-wage workers have suffered from decades of slow and suppressed wage growth. To improve affordability, policymakers can and must raise wages.

Get the 2026 outlook for wages →

Instead of protecting the millions of workers with retirement accounts, Trump and his administration are knocking down guardrails that protect retirement savers.

Trump is proposing to make risky investments more widely available to ordinary savers and make it harder to sue retirement plan sponsors and advisors who encourage these types of investments. The Trump family has also seen enormous profits from cryptocurrencies—one type of risky asset being considered—from their $2 billion crypto-based businesses.

Everything you need to know about 401(k)s and this new rule →

Federal statistical agencies (FSAs) produce the gold standard economic data that employers, investors, job seekers, workers, and policymakers rely on to assess the health of the U.S. economy.

FSAs face historically unprecedented threats to their capacity—and even their independence. Due to the shutdown, the Trump administration is not releasing the Job Opening and Labor Turnover Survey. Friday, there will be no #JobsDay report.

We’ve pulled together next-best data from non-FSA sources to shed some light on the economy and to provide an accountability check against efforts to manipulate—or cease to release—FSA data in the future. These resources, in combination with recent reports, show depressed hires. 

Explore the data →

 

Immigration is among the most important economic and political issues and a main topic of discourse and debate among policymakers and the public. But misperceptions persist about many fundamental aspects of this crucial topic, especially unauthorized immigrants. 

Understand the background and facts around immigration, the impact on the economy, visa types, and law enforcement. 

Get the facts on immigration + the economy →

EPI in the news

  • MoneyWise | February 5, 2026
  • The Hill | February 5, 2026
  • Sherwood News | February 5, 2026
  • ProPublica | February 5, 2026
  • Hoodline | February 5, 2026
  • WHRO Public Radio (Virginia) | February 5, 2026
  • Virginia Dogwood Newsletter | February 5, 2026

More EPI in the news