Caroline Hyde, Romaine Bostick & Taylor Riggs bring the news and analysis you may have missed after the closing bell on Wall Street. Today’s show tackles what to expect from jobs day Guests Today: Elise Gould of the Economic Policy Institute, Adam Ozimek of Upwork
Bloomberg TV
January 7, 2022
In total, 25 states will see boosts to their minimum hourly pay requirement in 2022, according to data from the Economic Policy Institute and the National Conference of State Legislatures. Four states—Oregon, Florida, Nevada, and Connecticut—will phase in their increases later in the year.
Bloomberg Law
January 6, 2022
According to an analysis conducted by the Economic Policy Institute in October, the slate of policy proposals in the Build Back Better Act combined with the bipartisan infrastructure package would have supported four million jobs annually.
Common Dreams
December 23, 2021
Recent research from the Economic Policy Institute shows farm workers are among the lowest-paid workers in the U.S. workforce, earning $14.62 per hour on average in 2020, which is just 60% — or three-fifths — of what production and non-supervisory, non-farm workers earned at $24.67.
Daily News
December 23, 2021
Most economists expect both inflation and wage inflation specifically to continue rising in 2022, Challenger said. But inflation, even if it remains elevated, is expected to moderate eventually. “It doesn’t mean it’s going to be two months, it could be a year. But it is not going to be, you know, 4 or 5% a year for the next five years,” Lawrence Mishel, a distinguished fellow at the Economic Policy Institute, recently told CNBC.
CNBC
December 23, 2021
Pennsylvania’s current wage of $7.25, which is tied to the federal minimum wage, hasn’t been raised for more than a decade, despite repeated calls by Wolf and his Democratic allies in the General Assembly. In the meantime, all six of Pennsylvania’s neighboring states have higher minimum wages, according to data compiled by the Economic Policy Institute.
Pennsylvania Capital-Star
December 23, 2021
Pay in the median employee category also fell 2% in 2020, compared to the year before. The Economic Policy Institute found, however, that overall CEO pay nationally increased by an average of $3.8 million.
Ohio Capital Journal
December 23, 2021
As of August, there were 16 states where tipped workers earn the federally mandated $2.13 minimum wage, according to the Economic Policy Institute (EPI). For other workers, the federal minimum wage is $7.25.
Common Dreams
December 23, 2021
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
December 23, 2021