After three whiplash-inducing years of, first, professional vulnerability and, then, perceived invincibility, many people are returning to more typical levels of career security and leverage. Call it the Great Rebalancing of the employer-employee relationship. “We’re clearly headed there,” says Heidi Shierholz, president of the Economic Policy Institute.
The Wall Street Journal
January 20, 2023
(Paywall) – features Magaret discussing the BLS union membership data.
MarketWatch
January 20, 2023
Our organization, the Economic Policy Institute (EPI), has rigorously documented the factors that explain the divergence between productivity and worker compensation—effectively, the choices that have suppressed wage growth for most U.S. workers.
American Bar Association
January 13, 2023
“One of the key ways workers get raises in our economy is they change jobs,” Heidi Shierholz, the Economic Policy Institute’s policy director, told CBS in 2019. “If you take away that avenue, it hurts wage growth.”
Business Insider
January 13, 2023
Executive pay has ballooned 1,460 percent since 1978, according to analysis by the Economic Policy Institute. CEOs were paid 399 times as much as a typical worker in 2021, an all-time high.
The Washington Post
January 13, 2023
Crain's Detroit Business
January 13, 2023
Automotive News
January 13, 2023
“It doesn’t look like there will be, at least in the next few years, any chances of anything happening legislatively,” said Daniel Costa, director of immigration law and policy research at the Economic Policy Institute.
Northern Public Radio
January 13, 2023
In more liberal states, advocates for a higher minimum wage get a friendlier hearing in state legislatures. In 2016, California passed a $15 minimum wage that will have gone into full effect only this year. The new minimum of $15.50 puts the state’s minimum wage up by just over a third in seven years. California’s increase came through a combination of legislation and adjusting for inflation. The Economic Policy Institute estimates that 3.2 million workers in California, almost a fifth of the state’s workforce, will see an increase in their wages, making up over a third of all workers nationally who will be affected by hikes in the minimum wage this year.
Grid News
January 13, 2023