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
The cost of extending UI benefits to hourly workers would be $28 million per year according to the Economic Policy Institute—a little over 1% of the $2.7 billion spent to refill the trust fund. At that rate, the $162 million upfront allocation requested would last more than five years. It would be a small price to pay to make these essential occupations more manageable for the Minnesotans who fill them. And with the surplus on hand, the state could easily afford to cover the cost on behalf of school districts indefinitely.
Minnesota Reformer
May 20, 2022
GUESTS
- Heidi Shierholz
Arthur B. Laffer
Munk Debates
May 20, 2022
Today, more than 90 percent of domestic workers are women, and over half of them are Black, Hispanic, or Asian American/Pacific Islander women, according to a 2020 report published by the Economic Policy Institute. They tend to be older than those in other professions and are three times as likely to be living in poverty or just above the poverty line, a circumstance only made worse by the COVID-19 pandemic. All of them are excluded from federal laws establishing basic workers’ rights.
Harper's Bazaar
May 20, 2022