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EconomicPolicyInstitute

The 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.

DATA LIBRARY

EPI launches State of Working America Data Library

EPI released the State of Working America Data Library, which provides researchers, media, and the public with easily accessible, up-to-date, and comprehensive historical data on the American labor force. Compiled from EPI analysis of government data sources, the Data Library provides a clearinghouse of EPI’s best data to help people interested in the labor force answer questions, ask new ones, and find solutions.

EVENTS

Event: How big should our government be?

Economist Jeff Madrick and his co-authors will speak at EPI on Sept. 23 at 10 a.m. ET about their new book How Big Should Our Government Be? Join us in DC or watch the livestream. This event is co-sponsored by the Bernard L. Schwartz Rediscovering Government Initiative at the Century Foundation.

IN THE NEWS
Reuters
E.J. Dionne of the Washington Post cited EPI’s report on the wages of nonunion workers, writing, “the weekly wages of non-union men without college degrees employed in the private sector would have been 8 percent higher in 2013 if union density had remained at 1979 levels.” | "Help wanted: Phony populism doesn’t feed the family" »
Reuters
Bloomberg covered EPI’s report on the teacher pay gap, writing, “on average, whether teachers have a bachelor's or a master's degree, they earn 78.6 percent of what other workers with the same educational level get paid.” | "Teachers Face a 17 Percent Pay Cut When They Join the Noble Profession" »
Reuters
In a Marketplace story about Apple’s tax avoidance, EPI’s Hunter Blair explained that the federal government should close the deferral loophole that allows companies to stash profits offshore in order to ensure companies pay their fair share of taxes. | "Apple to bring profits back: what’s the tax bill?" »
Reuters
In a story about wage stagnation, PBS Newshour cited EPI’s report on union decline, noting that unions help boost the wages of all workers by establishing pay and benefit standards that many nonunion firms adopt. | "The economy is steadily improving, but wages aren’t. Could unions be the answer?" »
Reuters
The Boston Globe also cited EPI’s report on unions and wages, noting that the decline of unions has cost private-sector workers nearly $3,000 per year—even more for non-college grads. | "Unions are winning fights, just not members" »
Reuters
The Christian Science Monitor quoted EPI’s Lawrence Mishel on the rise of CEO pay. “CEO pay is high and I think it's going to grow,” he said. “We're on track to reestablish a new high.” | "CEO pay still high, but no longer a runaway train" »
From the EPI Blog
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Josh Bivens
Why is the economy so weak? Trade gets headlines, but it’s more about past Fed rate hikes and the TCJA’s waste
Valerie Wilson and Jhacova Williams
Racial and ethnic income gaps persist amid uneven growth in household incomes
Julia Wolfe and Hunter Blair
Government programs kept tens of millions out of poverty in 2018
Elise Gould and Julia Wolfe
Slowdown in household income growth continues in 2018
Melat Kassa and Zane Mokhiber
By the Numbers: Income and Poverty, 2018
Valerie Wilson and Elise Gould
What to watch for in the 2018 Census data on earnings, incomes, and poverty
Elise Gould
What to Watch on Jobs Day: Wage growth is key to a sustainable recovery
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