Increases in average wages are often lopsided toward the rich, if history is any evidence. An analysis of new federal data by the Economic Policy Institute (EPI) found that wages for the top 1 percent of earners grew much faster than the bottom 90 percent of earners in 2020, reflecting a trend going back four decades.
Truthout
December 22, 2021
Unemployment benefits, and recent supplements and extensions, have long been blamed for current restaurant shortages. However, the Economic Policy Institute (EPI), a non-profit think-tank based in Washington, D.C., had determined earlier this year that slow job growth had little to do with continued unemployment aid, but rather continued health concerns and an “outflow” of workers — primarily women — from employment due to caregiving concerns.
WGNTV
December 22, 2021
More than half of non-union, private-sector workers in the U.S. have signed agreements requiring legal claims to be brought in arbitration, according to the left-leaning Economic Policy Institute.
Reuters
December 22, 2021
“There’s reason to feel confident that we’re on track” for pre-pandemic labor market health by the end of next year, Elise Gould, senior economist at the labor-oriented Economic Policy Institute, told me. “The pandemic continues to play a pretty significant role in what we’re seeing as the ebbs and flows of the labor market in general, but we’ve added over 6 million jobs this year, a recovery that’s much faster than we saw from the Great Recession.”
Los Angeles Times
December 22, 2021
The study, released Wednesday by left-leaning think tank Economic Policy Institute, analyzed the 17 U.S. states with the highest union membership rates. It found that the minimum wages in those states average 19% higher than the national average and 40% higher than in low-union-density states.
Fortune
December 22, 2021
Shutdowns, for example, pushed people toward spending on goods instead of services, according to Josh Bivens at the Economic Policy Institute.
Marketplace
December 17, 2021
More importantly, companies also need to comply with labor laws and address pay inequity in a transparent way, because workers are not seeing the fruits of their labor, according to Elise Gould, a senior labor economist at the Economic Policy Institute.
Agenda
December 13, 2021
A recent report by the US-based Economic Policy Institute finds that public investment increases productivity and growth across the economy. The report finds “investments in public capital have significant positive impacts on private-sector productivity, with estimated rates of return ranging from 15 percent to upwards of 45 percent.” Another report from the Roosevelt Institute argues that sustaining higher levels of demand through new public spending and permissive monetary policy could bring the US closer to full employment and increase growth.
Policy Note
December 13, 2021
Economists say you can expect a ripple effect from the jobs created by the Toyota battery plant. A formula from the Economic Policy Institute reveals for every 100 durable manufacturing positions created, there are also 744.1 other indirect jobs created. So, those 1,750 megasite jobs could really turn into 14,000 new jobs.
WFMY News 2
December 13, 2021