Monique Morrissey an economist at the Economic Policy Institute agreed that an Older Workers Bureau at the Department of Labor would be able…(paywall).
Benefits Pro
February 11, 2022
But some studies show that raising wages would benefit workers. A study by the Economic Policy Institute found that raising the federal minimum wage would have a significant impact on reducing the wage gap for women and people of color, and Labor Secretary Marty Walsh told Insider there was “no question” that hiking the wage for contractors would help solve the labor shortage by reducing quit rates.
Business Insider
February 11, 2022
Forced arbitration clauses have become increasingly common in employment contracts. According to the Economic Policy Institute, 56.2 percent of private-sector, nonunion workers are subject to forced arbitration. That means approximately 60 million workers in the United States are denied the right to have their employment cases heard by a court.
Office of Senator Dianne Feinstein
February 11, 2022
According to an analysis of DOL data by the Economic Policy Institute, a progressive think tank, DOL’s Wage and Hour Division recovered $257.8 million in back wages for workers in fiscal year 2020, $322.5 million in fiscal year 2019, $304.9 in fiscal year 2018 and $270.4 million in fiscal year 2017. More than 1 million workers received recovered wages during this period, with an average of more than $1,000 per worker.
The Grio
February 11, 2022
According to an analysis of DOL data by the Economic Policy Institute, a progressive think tank, DOL’s Wage and Hour Division recovered $257.8 million in back wages for workers in fiscal year 2020, $322.5 million in fiscal year 2019, $304.9 in fiscal year 2018 and $270.4 million in fiscal year 2017. More than 1 million workers received recovered wages during this period, with an average of more than $1,000 per worker.
HR Dive
February 11, 2022
Stephen Stanley, chief economist at Amherst Pierpont Securities, said the report was “a crazy mess” in some respects, but most economists agreed that the positive results reflect real gains. “I don’t think anybody would dispute that we’re moving in the right direction,” Valerie Wilson of the left-leaning Economic Policy Institute told The Washington Post.
The Fiscal Times
February 11, 2022
How to read jobs reports. I’ve
talked about previous reports with Elise Gould, a senior economist at the Economic Policy Institute, including what we do and do not learn from these reports.
She said they need to be viewed as pieces of information, not the full picture, in part because the surveys can overstate things and miss the changing composition of the workforce.
Still, it’s best to know the latest information, even if we know it’s likely to change, she said.
CNN
February 11, 2022
1 thing central bankers are worried about in 2022,” said Josh Bivens, research director at the Economic Policy Institute, a left-leaning think (paywall).
MarketWatch
February 11, 2022
As a policy matter, states and cities should think about requirements that would make public-facing jobs safer so older people feel comfortable returning to them, at least part time, said Monique Morrisey, an economist at the left-leaning Economic Policy Institute specializing in retirement security. A healthier generation of older workers has become a mainstay of the workforce in recent years.
Route Fifty
February 11, 2022
The month-to-month economic readings for Black women and other minority groups can be particularly volatile due to smaller population size, according to Elise Gould, senior economist at the Economic Policy Institute.
CNBC
February 11, 2022