And if the share going to profits is rising, the share going to some other economic components must be falling. Earlier this week, Larry Mishel and Jori Kandra of the Economic Policy Institute published a report on the distribution of wages that noted yet another record set. In 2020, the report concluded, the wages of the bottom 90 percent of wage earners constituted the lowest share of all wages paid in a single year since the government began charting such things in 1937. The bottom 90 percent earned just 60.2 percent of all wage income last year. To be sure, this reflected the pattern of who got laid off and who didn’t in the course of the pandemic, but it also marked the continuation of a long-term trend. Since 1979, the report documents, the wages of the top 1 percent rose by 179 percent (and those of the top 0.1 percent by 389 percent!), while those of the bottom 90 percent crept along with a 28 percent increase.
The American Prospect
December 22, 2021
HCL Technologies paid lower wages to H-1B visa workers compared to similarly employed US workers in the past few years, according to a report by the Economic Policy Institute (EPI).
Decan Herald
December 22, 2021
An outsourcing loophole in the H-1B visa program has allowed tech companies to get away with underpaying their migrant workers by millions of dollars, according to a new report by the Economic Policy Institute. While the report focuses on the workers under the IT staffing firm HCL Technologies, the tactic of outsourcing labor to migrant workers and paying them less compared to their U.S. born counterparts to save money is all too common, the report claims. We’ll talk with the study’s co-author.
KQED
December 22, 2021
Recent research from the Economic Policy Institute shows farm workers are among the lowest paid workers in the U.S. workforce.
HudsonValley360
December 22, 2021
Noida-based IT services firm HCL Technologies Ltd has been evading H1-B visa rules in the US, according to a report by Economic Policy Institute (EPI).
Mint
December 22, 2021
In addition, all workers toil in settings where occupational safety and health laws are inadequate. As the Economic Policy Institute shows, workers do not have a meaningful right to turn down dangerous assignments or protect themselves from hazards due to power imbalances in the workplace. The Occupational Safety and Health Administration (OSHA) lacks the resources and authority to properly enforce laws and promulgate sufficient standards. Even with those constraints, there was a troubling history at Mayfield Consumer Products with 12 health and safety violations issued just in 2019.
Daily Independent
December 22, 2021
Researchers with the the left-leaning Economic Policy Institute said last month that, at that time, at least 16 states had together devoted about $15.7 billion of American Rescue Plan Act funding for their unemployment insurance trust funds and that this came after 23 states used pandemic aid from the earlier CARES Act for the funds.
Route Fifty
December 22, 2021
In his closing commentary, Mark Krikorian, the Center’s executive director and host of Parsing Immigration Policy, discusses a new report from the Economic Policy Institute that describes how one of the big Indian tech staffing firms cheated its own Indian H-1B employees by an estimated $95 million. Far from being an abuse of the system, Krikorian pointed out that the H-1B visa is designed to exploit foreign workers and undercut American workers.
Center for Immigration Studies
December 22, 2021
The Economic Policy Institute says the documents shoe HCL systematically underpays its workers as a business strategy (paywall).
Law360
December 22, 2021
A report by the left-leaning Economic Policy Institute shows the top 0.1% got the biggest raise in 2020.
Business Insider
December 22, 2021