Still, the U.S. has lost over 5 million manufacturing jobs from 1998 to 2021, largely due to the widening trade deficit in manufactured goods with China, Mexico and other foreign countries, according to a 2022 report from the Economic Policy Institute and Bureau of Labor Statistics data.
The Daily Caller
April 1, 2025
Farmers in the area should take note that Congressman Russ Fulcher released a statement indicating his recent “yes” vote in favor of the fiscal year 2025 concurrent resolution on the budget. He failed to mention an analysis by the Economic Policy Institute showing that the budget plan would reduce (by 7.4%) the average income of those in the bottom 20% of household income while increasing (by 3.9%) the average income of those in the top 1% of household income.
Lewiston Tribune
April 1, 2025
In South Dakota, infant care costs nearly as much as in-state tuition for a four-year public college, a report by the Economic Policy Institute says.
Aberdeen American News
April 1, 2025
Alabama already offers a no tax on overtime policy that has been in effect since 2023 as a response to concerts surrounding inflation. It is supposed to come to an end in 2025. According to the Economic Policy Institute, the regulation “cost the state $230 million in the first nine months of 2024 alone and is projected to cost $345 million by the time it expires.”
HR Digest
April 1, 2025
Child care is one of the biggest expenses families face – it’s more costly than in-state tuition for a public college in 38 states, including Minnesota, according to a report by the Economic Policy Institute that uses state-level data from the Department of Labor and Child Care Aware of America to examine the cost of child care across the country.
“Child care is unaffordable for working families everywhere in the country, and it’s even more unattainable for minimum wage workers and the very workers that administer child care,” Katherine deCourcy, a research assistant for the Economic Policy Institute, said in a news release.
St. Cloud Times
April 1, 2025
There has been a long-running fight over whether ride-share and food-delivery workers should be classified as employees. The companies and some drivers have relied upon the independent contractor model, saying it is more flexible.
But that business model deprives the workforce of the protections that employees get, said David Cooper, director of state policy and research at the progressive Economic Policy Institute. He has raised concerns that tax-free tips could reduce pressure to raise wages and lead to an expansion of tipping.
Workers, he said, are “just sort of being doubly screwed by this proposal.”
The Wall Street Journal
April 1, 2025
The EPI warns if their taxable income goes down, they could lose their child tax credit when they file taxes at the end of the year, an unintended consequence that could have an impact on their tax returns.
Finally, the report says exempting tipped workers is unfair to other low-wage earners like cashiers or fast-food workers. It says high-end servers would likely benefit most.
Gulf Coast News Now
April 1, 2025
Multiple agencies, even those unaffected by the order, such as the American Federation of Teachers (AFT), American Postal Workers Union (APWU), Economic Policy Institute (EPI), and American Federation of Musicians (AFM), have condemned the dissolution of collective bargaining for federal workers.
HR Digest
April 1, 2025
The Economic Policy Institute said the system emerged in the post-Depression recovery and has since boosted the American economy in its darkest hours, including during the 2008 recession and Covid-19 pandemic.
Courthouse News Service
April 1, 2025
According to SmartAsset, if you want to make it into the top 1% nationwide, you’ll need to earn $787,712 a year. Want to know what that breaks down to? A monthly income of $65,643. And if you’re going by the Economic Policy Institute’s numbers, you’d need even more—$819,324 a year, or $68,277 a month.
Benzinga (via Yahoo! Finance)
April 1, 2025