The soaring cost of child care is one of the most pressing issues facing families nationwide. The annual cost of child care rivals the cost of a college education in many states, according to a recent analysis from the Economic Policy Institute.
CBS News
February 4, 2022
The high quit rate for US workers can be attributed to employees moving on to higher paid jobs with better benefits – not simply leaving their roles to follow passions or start afresh. White House economists are stressing that what has been termed the “Great Resignation” is actually the “Great Upgrade”, as workers are staying in the labour market and looking for positions where they can provide for their families. President Joe Biden was keen to point out US unemployment has fallen below 4% for the first time since the beginning of the Covid-19 pandemic, while hiring rates are surpassing quit rates, particularly for lower-wage workers, according to the Economic Policy Institute.
Curation
February 4, 2022
The number crunchers parsed data from the Bureau of Labor Statistics, U.S. Census Bureau, Economic Policy Institute, and Zillow to determine how long it would take a two-person family to set aside the down payment on what is often one’s first real estate investment: a starter home.
The Motley Fool
February 4, 2022
According to the Economic Policy Institute, the average cost for child care in Wisconsin is more than $10,000 annually.
CBS 58
February 4, 2022
Thanks to President Biden’s executive order requiring all companies with federal contracts to pay their workers at least $15 an hour, nearly 400,000 workers will get raises starting next week, when the order takes effect. According to tabulations by our friends at the Economic Policy Institute, the average wage increase will be $3,100, and more than half of the workers who benefit will be Black or Hispanic.
The American Prospect
February 4, 2022
Income disparity is worse for Wausau residents compared to most metro areas around the country, according to the latest research from the Economic Policy Institute.
Wausau Pilot and Review
February 4, 2022
And if you top off the cutback in fiscal spending with aggressive rate increases from the Fed, we could cut short a promising recovery, says Josh Bivens, director of research at the progressive Economic Policy Institute.
Axios
February 4, 2022
Take health care, for example: The PCE Price Index accounts for costs incurred by government programs like Medicare and Medicaid, as well as private insurers, where CPI does so just for health costs that directly impact Americans’ wallets, according to Josh Bivens, research director at the Economic Policy Institute.
CNBC
February 4, 2022
According to a report published by the Economic Policy Institute, minimum wage workers are today effectively making 21 percent less than their counterparts did 12 years ago—when the federal government last raised the wage to $7.25.
Newsweek
February 4, 2022
Naturally, when power is given to the working class, conflict forms between workers and their employers. Companies are known to combat unionization, collectively spending around $340 million a year on “union avoidance,” according to the Economic Policy Institute. Why use that money to pay employees more when they could spend it on anti-union propaganda?
Rocky Mountain Collegian
February 4, 2022