Decades-long trends show that the top earners in telecoms have steadily siphoned off larger portions of money from the share leftover for lowest-paid cable workers. Government data analyzed by the Economic Policy Institute shows that, from 1973 to 2019, the industry’s top earners saw a 161% wage increase, while workers in the bottom bracket saw a 12% overall decrease.
Gizmodo
November 19, 2021
“I would expect over the next year the price inflation to relent a bit, and most of the wage growth to stay — and so I think they’re going to come out ahead,” said Josh Bivens, director of research at the left-leaning Economic Policy Institute. “But yeah, this inflationary spike has definitely bit into the growth of paychecks.”
Washington Post
November 19, 2021
Researchers at the Economic Policy Institute extrapolated from these trends, finding that the elimination of federal unemployment expansions caused an estimated $144.3 billion loss of income and a $79.2 billion decline in consumer spending nationwide.[10] The loss of personal income from curtailing pandemic unemployment benefits contributed to slowing national GDP growth in the third quarter of 2021, according to the U.S. Department of Commerce Bureau of Economic Analysis.
NELP
November 19, 2021
The Economic Policy Institute (EPI) earlier this month announced the legislation would create that many jobs each year over the first five years of its implementation. That would raise the financial fortunes of millions of working Americans trying to support their families.
Teamsters
November 19, 2021
“Anything that in the very short run puts a lot of pressure on family budgets across the board will cause more stress and damage to low-income households because they just have less scope to absorb it,” said Josh Bivens, director of research for the Economic Policy Institute.
Atlanta Journal Constitution
November 19, 2021
Adewale Maye, an analyst at the progressive Economic Policy Institute, said provisions in the reconciliation package on education, health care and child care “could have a very large impact on poverty reduction and have a disproportionate impact on Black and brown families.”
Roll Call
November 19, 2021
Using different methodology, Adam Hersh, a visiting economist at the liberal Economic Policy Institute, recently calculated that over the first five years of implementation the infrastructure plan would create nearly 775,000 jobs annually, while the Build Back Better plan would add about another 2.3 million jobs a year. Hersh also projects that more than 80% of the infrastructure plan’s new jobs would not require college degrees, while non-college jobs would compose almost exactly four-fifths of those created by the broader plan.
The Atlanta Voice
November 19, 2021
An Economic Policy Institute analysis shows that the wage gap between teachers and the remainder of the comparably educated workforce was about 21% in 2018, compared to only 6% in 1996.
Newsmax
November 19, 2021
“It’s fair,” says Elise Gould, a senior economist at the Economic Policy Institute, whose own family budget calculator helped to inform For US. “There is integrity to the whole process,” adds Gould, who crunched data for Murray and will continue to partner going forward.
Fast Company
November 19, 2021
The average American two-parent household with with two young kids devotes about 25 percent of its income to childcare, according to an Economic Policy Institute analysis. In Texas, full-time child care for a 4-year-old is nearly equal to tuition at a public college.
Houston Chronicle
November 19, 2021