But few observers would dispute the assessment of Celine McNicholas, a former NLRB special counsel who is now the general counsel and director of policy and government affairs at the Economic Policy Institute, who tells me, “Installing Jennifer Abruzzo as the NLRB’s general counsel will be the most impactful action that the Biden administration took in its first term for working people.”
American Prospect
April 1, 2022
In such private tribunals, workers win far less often and the median damages awarded are just $36,500, compared with $86,000 in state courts and $176,000 in federal court, an Economic Policy Institute analysis found.
American Prospect
April 1, 2022
A 2020 analysis by the Economic Policy Institute found only a few employers have spent more than $1 million on anti-union consultants, and it’s typically taken several years to rack up such a bill. Any spending in the hundreds of thousands of dollars is on the high end. None of the companies in EPI’s analysis came close to spending as much as Amazon in such a short period of time.
Huffpost
April 1, 2022
But some think that a punitive tax on windfall taxes could be effective in reducing big price hikes. “If you had excess profits tax, firms would say, ‘I could raise prices a ton, but those profits will be taxed away, so I’ll just keep prices low,’” economist Josh Bivens of the Economic Policy Institute said.
Fiscal Times
April 1, 2022
Black workers saw the greatest percentage-point drop in unemployment rates, falling from 6.6% in February to 6.2% in March.
“Those series tend to be volatile, so you have to kind of look at it over a longer period of time. In the last three months, there has been a consistent decline in the Black unemployment rate, and the labor force participation rate has been fairly stable,” said Valerie Wilson, director of the Economic Policy Institute’s program on race, ethnicity and the economy.
“That does point to things moving in the right direction,” Wilson added.
CNBC
April 1, 2022
Over the past year, wage growth has actually been historic, but that’s because the labor shortage is forcing companies to attract employees back to work. It was historically slow between 1979 and 2017, however, according to the Economic Policy Institute (EPI).
Business Insider
April 1, 2022
Even before the pandemic, the cost of child care in New York had soared: The average cost of child care is $15,394, more than both the cost of in-state college tuition and average rent, according to the Economic Policy Institute.
19th News
April 1, 2022
It’s true that, controlled for levels of education and years of experience, teachers make less money on the dollar than their peers in comparable fields, a concept known as the wage penalty. The Economic Policy Institute has been tracking this for years and found, most recently in 2019, that public school teachers nationally make about 19 percent less than employees in commensurate professions, or about 81 cents on the dollar. The trend has been getting worse over time; the wage penalty for teachers in 1996 was 6 percent.
Mother Jones
April 1, 2022
“They are paying our graduate graduate workers less than a living wage and in some cases, a third of what is the living wage in Erie county, which, according to the Economic Policy Institute, is about $35,000,” said Mullen. “At UB, we have a food bank, and last semester, fall 2021, 80% of the people who used that food bank were graduate students.”
The Guardian
April 1, 2022
The composition of executive pay has undergone significant change over the last 50 years, with stock options and awards now representing a bulk of executive pay at many companies. Analysis from the Economic Policy Institute, a liberal-leaning think tank, shows that stock awards have risen to about 50% of all CEO compensation.
CNBC
April 1, 2022