Ohio state Rep. Elliot Forhan said lawmakers are planning to introduce legislation this year that will eliminate subminimum wages, and a separate bill would immediately bump the minimum wage for all workers from $10.10 to $15 per hour. It would then increase to $21 over three years and increase $1 annually until it reaches the living wage as defined by the Massachusetts Institute of Technology’s Living Wage Calculator or Economic Policy Institute’s Family Budget Calculator, according to Forhan.
Route Fifty
February 10, 2023
In addition to those demographic and pandemic factors, temporary government stimulus programs during the pandemic, such as boosted unemployment payments, gave more workers the confidence to switch jobs and seek better pay and working conditions, said Elise Gould, senior economist at the Economic Policy Institute, a progressive think tank. That’s given workers a lasting upper hand in the job market.
Investopedia
February 10, 2023
In 2021, the child poverty rate dropped to 5.2% — a notable decline from 9.7% in 2020. And the boosted Child Tax Credit is the leading reason, according to the Economic Policy Institute (EPI). In the absence of that enhancement, it’s easy to see why so many children have slipped back into poverty.
Motley Fool
February 10, 2023
Coming up on today’s show:
- Kyle Moore, economist with the Economic Policy Institute’s Program on Race, Ethnicity, and the Economy at the Economic Policy Institute (EPI), talks about persistence of, and ways to eliminate, the Black-white wealth gap which is still evident despite civil rights and fair housing legislation.
WNYC Brian Lehrer Show
February 10, 2023
Among the Bureau of Labor Statistics’ findings for the month was also the market’s historically low unemployment rate of 3.4% or 5.7 million people. That’s the lowest it’s been since 1969. The rate “continues to show the we have an especially tight labor market,” says Ben Zipperer, economist at the Economic Policy Institute, meaning one in which workers have a lot of opportunities.
CNBC
February 10, 2023
“Inflation has been quite high over the last year and that has eaten away at many paychecks, says Elise Gould, senior economist at the Economic Policy Institute. “But if we look more recently though, there is a bit of a more nuanced story.”
Fast Company
February 10, 2023
According to the Economic Policy Institute (EPI), employers were charged with breaking the law in 39 percent of union elections filed with the National Labor Relations Board (NLRB) between 2019 and 2022.
Truthout
February 7, 2023
According to a 2018 study for the Economic Policy Institute by Alexander J.S. Colvin, just 2 percent of workers were contractually subjected to forced arbitration in 1992. By 2018, however, that number had risen to 56.2 percent of private-sector non-union workers, or roughly 60 million.
The American Prospect
February 3, 2023
Economic Policy Institute President Heidi Shierholz said noncompete contracts are typically used to keep workers from a source of power: quitting and taking another job.
Shierholz said because noncompete contracts prevent people from resigning to work elsewhere, they keep wages low and contribute to a mismatch in the labor market.
“Noncompetes keep people locked in jobs that aren’t necessarily the best job for them,” Shierholz said. “Our whole economy works better when there are good matches between jobs and workers.”
Spartan Newsroom
February 3, 2023