EPI in the news

• 100 Simple Money Mistakes That Are Holding You Back

  “According to the Economic Policy Institute, nearly half of American families have no retirement savings whatsoever, putting their golden years at risk.”

  GO Banking Rates | April 16, 2024
• Top U.S. Cities for Recent College Graduates

  For this campaign, we collected data from Zillow, Indeed, the U.S. Census Bureau, the Economic Policy Institute and the U.S. Bureau of Labor Statistics to determine which metropolitan areas are the most favorable for recent college graduates. We analyzed 70 of the largest metropolitan areas in the U.S. based on the region’s size, comparing the cities across the following metrics:

  • Living costs for one person (single-parent household with no children) (35%)
    • EPI’s Family Budget Calculator
  MarketWatch | April 16, 2024
• Even with WI veto, some fear further weakening of child labor laws

  The Economic Policy Institute said rollbacks have been approved in a dozen states in the past few years. While current efforts are thwarted in Wisconsin, Bloomingdale worries about similar debates in future sessions.

  Public News Service | April 16, 2024
• Child labor is a serial offense, and does not bode well for food safety

  According to the Economic Policy Institute, child labor violations have increased by nearly 300 percent since 2015, and the Labor Department found more than 800 violators during the past fiscal year. 

  Food Safety News | April 16, 2024
• Why a $100,000 income no longer buys the American Dream in most places

  “Unfortunately, what has happened is that wages haven’t kept up with the cost of living, by and large, for the last 50 years or so,” said Elise Gould, senior economist at Economic Policy Institute.

  “It becomes increasingly hard for many families to be able to attain that sort of middle-class lifestyle, that American Dream,” Gould said.

  CNBC | April 16, 2024
• Feds investigate child labor at poultry plant

  Soaring violations and widespread abuse of child labor laws in multiple sectors of the economy have brought the issue to the forefront in some state legislatures in 2024, according to the Economic Policy Institute. 

  Cal Matters | April 16, 2024
• More people are working well past retirement age. It’s not easy

  But while a 65-year-old is more likely to apply for a desk job or remote work than something that requires heavy lifting, said Monique Morrissey, a senior economist specializing in retirement security at the Economic Policy Institute, about 50% of older workers still have physically demanding jobs.

  For many people, though, working into their golden years simply comes down to lacking enough money to stop working and keep a roof over their heads.

  “It’s a tale of two retirements,” Morrissey said. While plenty of older Americans are working good jobs later into life by choice, others have struggled to find their place in the workforce.

  CNN | April 16, 2024

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