American families spend more on child care than their counterparts in many other parts of the world. And the cost in Massachusetts is the highest among the 50 states, with infant care costing, on average, over $20,000 a year, according to data from the Economic Policy Institute. The average price for 4-year-olds is only slightly lower, at $15,000 a year.
WBUR
June 17, 2022
American families spend more on child care than their counterparts in many other parts of the world. And the cost in Massachusetts is the highest among the 50 states, with infant care costing, on average, over $20,000 a year, according to data from the Economic Policy Institute. The average price for 4-year-olds is only slightly lower, at $15,000 a year.
WBUR
June 17, 2022
American families spend more on child care than their counterparts in many other parts of the world. And the cost in Massachusetts is the highest among the 50 states, with infant care costing, on average, over $20,000 a year, according to data from the Economic Policy Institute. The average price for 4-year-olds is only slightly lower, at $15,000 a year.
WBUR
June 17, 2022
“Renters not protected by rent control laws, low-income seniors who spend a larger share of their incomes on food, and seniors in rural areas and suburbs who rely on cars to get around are more affected,” Monique Morrissey, an economist with the Economic Policy Institute, told Yahoo Money.
Yahoo Finance
June 10, 2022
And that wealth did get shared. In 1965, the Economic Policy Institute notes, major corporate CEOs in the United States were only realizing 21 times the pay their workers were pocketing. That gap would remain fairly modest over the next dozen years, only reaching 31 times in 1978.
Inequality.org
June 10, 2022
High CEO pay isn’t a new phenomenon. A report from the left-leaning Economic Policy Institute found that, in 2020, CEOS made 351 times more than the typical worker. From 1978 to 2020, according to EPI, CEO compensation has grown 1,322%. At the same time, the typical worker’s pay rose by just 18% during that time. According to the IPS report, that gap is even starker for the world’s lowest earners and their CEOs.
Business Insider
June 10, 2022
“Make no mistake, we want positive real wage growth! But nominal wage growth moderating even in the face of continued inflation is more evidence that we can keep labor markets tight right now without feeding inflation,” wrote Heidi Shierholz, president of the Economic Policy Institute, a left-leaning nonpartisan think tank
The Hill
June 10, 2022
Some economists have argued that, in addition to rising input costs, higher prices for consumer goods are a result of corporate power, which has allowed companies to mark up prices and increase profit margins. The Economic Policy Institute, a left-leaning think tank, has said that “corporate pricing decisions in a pandemic-distorted environment are a propagator of inflation.” P&G declined to comment and Kimberly-Clark didn’t respond to a request for comment.
Bloomberg
June 10, 2022
Those studying the issue from the outside fully agree. “We have to stop treating our public school education system in this country as an afterthought,” said David Cooper, director of the Economic Analysis and Research Network at the Economic Policy Institute. “We are already facing a huge shortfall.”
LA Progressive
June 10, 2022
Non-compete clauses and NDAs are pretty standard at many large tech companies. About half of all private-sector employers issue non-competes to at least some of their workers. That number goes even higher as worker pay and education levels increase, and in tech-heavy sectors like information and business services, according to a 2019 report from the non-profit Economic Policy Institute.
Gizmodo
June 10, 2022