Horan includes data that illustrates how ride-sharing services like Uber have made it harder for drivers to earn a livable wage. According to the Economic Policy Institute, Uber reduced US driver pay to between $9 and $11 per hour in 2018. But before Uber entered the market, taxi drivers in big cities made between $12 and $17 an hour.
Raising the minimum wage “speaks so clearly and directly to trying to resolve that problem, it is going to resonate even to folks who are going to be conservative on other issues,” said David Cooper, a senior economic analyst at the Economic Policy Institute, a left-leaning think tank that studies how policy affects low and middle-income people.
To date, San Francisco, Seattle, and New York City have all enacted city-level fair scheduling laws. Last July, Oregon became the first state to pass predictive scheduling legislation, with an additional 13 states and 4 municipalities across the U.S. considering legislation in 2019 or 2020. As of mid 2018, the Economic Policy Institute estimated that 740,000 workers were already covered by predictive scheduling laws at that point. Assuming this trend continues, we could very well see predictive scheduling laws become the rule rather than the exception by about 2025.
This morning’s jobs report showed the economy added 75,000 jobs in May. As the country marks its longest expansion in history, May’s number is significantly less than April’s growth of 224,000. Downward revisions to March and April, meanwhile, subtracted 75,000 jobs from the total gains.
“This is a noticeable slowdown from the pace we’ve experienced this year so far, which has averaged 164,000 a month, and slower than the average monthly growth for the last 12 months (196,000),” writes Elise Gould, a senior economist at The Economic Policy Institute. “While we would expect job growth to level off as the economy approaches full employment—and 75,000 jobs is about what we need to keep up with today’s population growth—the pace of the slowdown in recent months is troubling.”
A high-pressure economy is especially important for those at the back of the hiring queue. People sometimes say that full employment is fine, but that it doesn’t help people of color, younger people, or those without college degrees. This thinking, however, is backwards. It is educated white men with plenty of experience whose job prospects depend least on overall labor market conditions; their employment prospects are good whether overall unemployment rates are high or low. It is those at the back of the hiring queue—Black Americans, those who have received less education, people with criminal records, and others discriminated against by potential employers—who depend much more on a strong labor market. The Atlanta Fed’s useful wage tracker shows this clearly: Wage growth for lower-wage, non-white, and less-educated workers lagged behind that of college-educated white workers during the high-unemployment years following the recession. Since 2016, however, that pattern has reversed, with the biggest wage gains for nonwhite workers and those at the bottom of the wage distribution. This pattern has been documented in careful empirical work by Josh Bivens and Ben Zipperer of the Economic Policy Institute, who show that, historically, tight labor markets have disproportionately benefited Black workers and raised wages most at the bottom.
Monthly housing costs for a family of four average $3,121 in San Francisco, Hayward and Oakland — the highest in the country, according to a USA Today analysis in April. The newspaper used data from the Economic Policy Institute and Bureau of Economic Analysis measuring the 25 most expensive places to live in the nation.
The top 1% of income earners is also often used to categorize the rich. Those people made at least $719,000 in 2017, according to the most recent wage data reported by the Economic Policy Institute, a nonprofit think tank.
High school graduates receiving their diplomas this month have better job prospects than those who graduated in 2007. But they’re still worse off than high school graduates in 2000. That’s according to a new report from the Washington D.C.-based Economic Policy Institute.
“Fifty years of social science research has confirmed, over and over again, that the best predictor of student achievement is not teacher quality or any other school influence, but the social and economic circumstances of the children,” says Richard Rothstein, a research associate with the Economic Policy Institute.
As Lawrence Mishel, an economist at the liberal-leaning Economic Policy Institute, notes, poverty creates obstacles that would trip up even the most naturally gifted student. He points to the plight of “children who frequently change schools due to poor housing; have little help with homework; have few role models of success; have more exposure to lead and asbestos; have untreated vision, ear, dental, or other health problems; … and live in a chaotic and frequently unsafe environment.”
Okay, so both Warren and Rubio use the same phrase, Economic Patriotism. And for all their stated differences, they agree on a key symptom of the problem, outsourcing, which is deleterious to both employment and national security. The Economic Policy Institute, for instance, has estimated that in the dozen years after the U.S. normalized trade relations with China in 2000, some 3.2 million American jobs went to the People’s Republic.
It’s been 25 years since NAFTA went into force, and working people in the Buckeye State and beyond are still paying the price: 851,700 good-paying jobs were lost, including at least 106,400 here in Ohio, according to the Economic Policy Institute.
Progressives seized upon the “shameful” 3,615-day milestone as all the more reason to push for a federal minimum wage of $15 an hour. According to a report published in February the Economic Policy Institute, raising the minimum wage to $15 an hour would boost the pay of nearly 40 million workers.
A study by the Economic Policy Institute found that raising the federal minimum wage to $12 an hour by 2020 would reduce public assistance spending by $17 billion annually. In Pennsylvania, raising the wage to $12 this year will lead to more than $150 million saved on Medicaid spending in fiscal year 2019-2020.
The Economic Policy Institute’s David Cooper lays out what workers have lost in the near-decade since the last increase: $7.25 in July 2009 was equivalent to $8.70 now. That means a minimum wage worker has seen their purchasing power drop by 17%, or the equivalent of more than $3,000 a year. And still Republicans stand in the way of a raise.
June 16th marks the longest period in history without an increase in the federal minimum wage. The last time Congress passed an increase was in May 2007, when it legislated that the minimum wage be raised to $7.25 per hour on July 24, 2009. Since it was first established in 1938, Congress has never let the minimum wage go unchanged for so long.
Economists too have been weighing in on how big employers like AT&T are using their increased profits from the tax windfall: “The strongest claim made by proponents of the 2017 Tax Cuts and Jobs Act was that it would trickle down to aid working families by boosting wages,” said Josh Bivens, director of research at the Economic Policy Institute (EPI). “This was never a convincing claim and we can see now just how cynical it was all along: after lobbying fiercely for a corporate tax cut that put literally billions in their coffers, AT&T is fighting tooth and nail to make sure that they don’t have to share any of this new profitability with their workers by committing to invest in good jobs.”
“The workers that come in need to be paid fairly and they need to have equal rights and protections,” says Daniel Costa, director of immigration law and policy research at the Economic Policy Institute, a think tank with ties to the U.S. labor movement. “Unfortunately, the H-2B program doesn’t have that.”
Studies show that wage theft is a pernicious problem, depriving low-wage workers—most often women, immigrants, and people of color—of as much as $50 billion a year, according to the Economic Policy Institute. Just one kind of wage theft—minimum wage violations—cheated North Carolina workers out of $316 million in 2015, according to an EPI report.
According to the Economic Policy Institute, a non-profit think tank, the cost of infant care annually can range from $4,822 (Mississippi, where the median family income is $44,717) to $22,631 (Washington, D.C., where the median family income is $63,587).
Meanwhile, drivers don’t just need to worry about ratings, because tips must also be considered. The Economic Policy Institute reported last month that Uber drivers earn $9.21 an hour after expenses (ridesharing blog Ridester’ssurvey placed this at a more generous $13.70) — hence the growing number of strikes and protests. Tips supplement this pay, and many drivers try to create the most advantageous environments possible for this, offering bottled water, USB chargers, and even snacks. The right selection of music also factors in.
U.S. Census Bureau statistics show median earnings for workers of $26,059, according to the 2017 American Community Survey. Median earnings for workers in 2010 were $23,699, or a growth of about 1.42 percent a year. How many county residents have seen their bills increase by only 1.4 percent each year? The Economic Policy Institute, a left-leaning think tank, has stated wages would need to increase between 3.5 and 4 percent for average workers to feel an impact.
The public works bill will benefit Black men and women working in the construction industry in a multitude of ways. Although the legislation is not a union mandate, it creates increased opportunities for Black workers to earn higher wages, and in some cases join a union. A 2017 Economic Policy Institute study highlighted the benefits unions provide to Black workers, citing Black workers in the unionized sector make on average $5 more an hour than their nonunion counterparts. Additionally, Black workers are chronically underrepresented in the nonunion construction sector, representing only 18.8 percent of the total workforce, compared to 21.2 percent in the unionized construction workforce. Moreover, construction unions are continuing to make strides, nearly doubling the number of Black apprentices in their training programs over the past 20 years. The public works bill will serve to further increase opportunities for Black men and women in accessing higher paying jobs in the construction industry, as well as in the unionized construction trades.