Josh Bivens, director of research at the Economic Policy Institute, says his preferred measure of how much Americans are earning is the Federal Reserve Bank of Atlanta’s wage growth tracker, which suggests that worker wages increased by 4.2% in September — strong growth, but not enough to keep up with inflation.
CNBC
November 5, 2021
Meanwhile, the United States, like all nations, is struggling to recover from job losses, income losses and business losses caused by the COVID-19 pandemic. Last year, the Economic Policy Institute reported that a $2 trillion-dollar investment in clean energy, energy efficiency, and infrastructure in various states would help economies recover and rebuild in ways that do not exacerbate climate change. Clean-energy investments would generate, for example:
Florida Phoenix
November 5, 2021
Meanwhile, the United States, like all nations, is struggling to recover from job losses, income losses and business losses caused by the COVID-19 pandemic. Last year, the Economic Policy Institute reported that a $2 trillion-dollar investment in clean energy, energy efficiency, and infrastructure in various states would help economies recover and rebuild in ways that do not exacerbate climate change. Clean-energy investments would generate, for example:
Florida Phoenix
November 5, 2021
Join us for this virtual, multi-library event with author Richard Rothstein, Distinguished Fellow at the Economic Policy Institute and a Senior Fellow (emeritus) at the Thurgood Marshall Institute of the NAACP Legal Defense Fund.
Patch.com
November 4, 2021
A report from the Economic Policy Institute cites a median hourly wage for child care workers of $10.31 an hour.
Cronkite News
August 27, 2021
Heidi Shierholz, an economist with the Economic Policy Institute, argues there isn’t a labor shortage outside of the hospitality and leisure industries. The classic sign — rising wages — is confined to that sector and, even with a boost in pay, leisure and hospitality have only risen to their pre-pandemic levels, she says. In a survey by One Fair Wage, more than half of respondents say they considered leaving their restaurant jobs due to low wages and tips.
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The Economic Policy Institute’s Shierholz says there won’t be any real realignment of the economy without massive policy changes, including raising the minimum wage and rate of unionization.
“There’s a ton of evidence that employers of low- and middle-wage workers have had the power to suppress workers’ wages, and that dynamic has been growing for decades,” she says. “We can pay our lowest paid workers more. Instead, the minimum wage is 30 percent less than it was in 1968.”
Rhode Island Monthly
August 27, 2021
The Economic Policy Institute reports that “from 1978 to 2020, CEO pay based on realized compensation grew by 1,322%, far outstripping S&P stock market growth (817%) and top 0.1% earnings growth (which was 341% between 1978 and 2019, the latest data available).” It adds, “In contrast, compensation of the typical worker grew by just 18.0% from 1978 to 2020.”
Counterpunch
August 27, 2021
Black-white wage gaps are large and have grown larger in the last 20 years, according to the Economic Policy Institute.
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That wage gap was 26.5% in 2019, according to the Economic Policy Institute. The gap has remained between 18% and 22% for workers with high school education, college degrees and advanced degrees.
The EPI report found that white workers are paid more than Black workers at almost every education level, including those with advanced degrees. For example, college-educated white workers earn an average of $35.90 an hour while Black workers at the same education level earn only $27.81.
Capital and Main
August 27, 2021
Childcare has always been an issue and now we are forced to reckon with its direct economic and social impact. Research by the Economic Policy Institute estimated that “an investment that capped child care expenditures at 10 percent of family income could increase overall women’s labor force participation enough to boost GDP by roughly $210 billion”.
Forbes
August 27, 2021