According to the Economic Policy Institute, a nonprofit think tank, a family of four – two adults and two children – can expect to pay an estimated $15,031 on housing in 2022. This amount varies across the country, however, from state to state and city to city.
The Center Square
May 20, 2022
Forces on both sides worked around the clock to pressure the administration. When the liberal Economic Policy Institute heard that the Labor Department was considering only modest increases to the salary threshold, Ross Eisenbrey, a vice president at EPI, told The Washington Post, “We raised a ruckus.” The Labor Department agreed to raise it higher.
Fast Company
May 20, 2022
To find 20 companies that pay workers less than $10 an hour, 24/7 Wall St. reviewed wage data from the Company Wage Tracker, a collaboration between the nonprofit economic think tank Economic Policy Institute and The Shift Project, an hourly service workers data project created by University of California professors. We listed the 20 companies that pay at least 10% of their employees less than $10 an hour. All other data is from the Company Wage Tracker.
24/7 Wall St.
May 20, 2022
But as Salon reported back in April, many experts have told a different story, citing corporate consolidation, corporate profiteering, and deregulation as chief reasons for price increases across the board. “You don’t see any correlation between inflation and the generosity of fiscal relief. Inflation is up everywhere, regardless of whether countries were stingy or generous,” Josh Bivens, Director of Research at the Economic Policy Institute, told Salon at the time.
Salon
May 20, 2022
Still, Squires and his fellow dancers said that though year-round pay represents big progress for ODC, it’s just a step. The dancers now make $62,400 per year, the city’s minimum for full-time exempt employees. But the Economic Policy Institute, using 2020 dollar values, calculates the salary needed for a single adult to attain a “modest yet adequate standard of living” in the city to be $70,016.
San Francisco Chronicle
May 20, 2022
A 2017 study from the Economic Policy Institute estimated that employers steal more than $15 billion each year from U.S. workers’ paychecks through minimum wage violations.
Sacramento Bee
May 20, 2022
Teresa Ghilarducci is the Schwartz Professor of Economics at the New School for Social Research. She’s the co-author of “Rescuing Retirement” and a member of the board of directors of the Economic Policy Institute.
Bloomberg
May 20, 2022
America is woefully behind when it comes to guaranteeing workers the benefits they deserve. As one example, America is the only modern nation that fails to guarantee its workers paid sick time. In fact,184 nations around the world guarantee workers paid sick time—but not America. According to the Economic Policy Institute (EPI), only 64% of private-sector American workers have paid sick time.
Delaware Online
May 20, 2022
Josh Bivens, director of research at the left-leaning Economic Policy Institute, argues that profit margins account for the bulk of inflation. Overall prices in the nonfinancial corporate sector climbed at an annualized rate of 6.1% from the second quarter of 2020 to the end of 2021, he calculates. Some 53.9% of that can be attributed to profit margins, with less than 8% from labor costs, he says.
Bloomberg
May 20, 2022
“What you’ll find is that no matter how you measure it, a pay gap exists,” said Elise Gould, a senior economist at the Economic Policy Institute, a left-leaning think tank. “It has a huge impact on lifetime earnings.”
CNBC
May 20, 2022