The spread of MBA degrees throughout upper management coincides with declining fortunes for the average worker, the researchers found. Between World War II and the late 1970s, U.S. workers’ pay rose in lockstep with how much they produced. Since 1980, however, workers’ output has increased at three and a half times the rate of pay, according to research from the Economic Policy Institute.
CBS
April 13, 2022
On Instagram, Building Back Together frequently posts news clips and infographics promoting the Biden administration’s goals. In one recent post, the group used data from the Economic Policy Institute claiming that Biden’s economic plans would help Americans pay for services like health and child care.
The Verge
April 13, 2022
Elise Gould, a labor economist at the Economic Policy Institute, said it’s likely hiring will continue to outpace turnover. In February, foodservice establishments hired about 1 million workers, while almost 800,000 workers quit their jobs.
Restaurant Dive
April 13, 2022
Abruzzo’s proposal goes further than any of her modern predecessors. Such meetings have been considered legal under board precedent since the 1940s, and have since become a common employer tool to dissuade workers from joining a union. A 2009 study by the left-leaning Economic Policy Institute found that 89% of businesses required employees to attend anti-union meetings during work hours.
Bloomberg Law
April 13, 2022
Monique Morrissey is an economist at the Economic Policy Institute, a left-leaning economic think tank. She says the postal service is important because leaving it to the private sector would mean many rural residents are left out of critical public services.
WDET
April 13, 2022
According to the Economic Policy Institute, worker productivity has increased to more than 61.8% from 1979-to 2020, while the Havard Business Review notes research of worker wages increasing only by 9% since 1970.
Fox 43
April 13, 2022
Studies show that if the overall unemployment rate drops low enough, “even those gaps start to erode a little bit,” said Josh Bivens, director of research at the Economic Policy Institute.
Marketplace
April 13, 2022
Research released by the Economic Policy Institute in February found that the number of people employed in public K-12 elementary and secondary schools fell by 4.7% between fall 2019 and fall 2021, according to data from the Bureau of Labor Statistics.
ABC News
April 13, 2022
This important economic insight has come under attack by the Economic Policy Institute, a left-wing outfit. According to their research, wages and productivity kept pace with one another up until about 1980. But, between then and 2020, wages rose by about 14 percent, while productivity escalated by roughly 60 percent.
Foundation for Economic Education
April 13, 2022
One important fact to consider is that it’s entirely possible for our economy to slow down without actually falling into a recession. In fact, it might be a good sign if the economy does exactly that: slow down. Another economist who spoke to The New York Times argued exactly this point. Josh Bivens, the director of research at the Economic Policy Institute, said to the publication, “We have torn back toward normal at a really fast pace, and it would be unrealistic to think that could continue.”
Katie Couric Media
April 13, 2022