4. “Why the U.S. needs a $15 minimum wage,” Economic Policy Institute, January 26, 2021
https://act.moveon.org/go/150121?t=11&akid=290931%2E9509482%2ESIcE73
Daily Kos
February 24, 2021
According to “The economic costs and benefits of Airbnb” a report by the Economic Policy Institute:
“The economic costs Airbnb imposes likely outweigh the benefits. While the introduction and expansion of Airbnb into U.S. cities and cities around the world carries large potential economic benefits and costs, the costs to renters and local jurisdictions likely exceed the benefits to travelers and property owners…
San Juan Islander
February 24, 2021
“While low unemployment and anemic wage growth likely explained the large increase in strikes in 2018 and 2019, the COVID-19 pandemic and high unemployment led to the sudden drop in 2020,” Heidi Shierholz, policy director and senior economist at the Economic Policy Institute, said in a statement.
LaborPress
February 24, 2021
“If you adjust for inflation, it’s worth about 18%, less than what it was worth in 2009, when it was last raised, and over 30% less than what it was worth in 1968,” said David Cooper, a senior analyst with the Economic Policy Institute, a liberal think tank in Washington.
Voice of America
February 24, 2021
The Economic Policy Institute estimates that nearly a third of all Black workers would get a raise under the Raise the Wage Act. The Congressional Budget Office estimates that it could also raise wages for 17 million workers overall. Another 10 million workers earning just above $15 could also see an increase.
The Good Men Project
February 24, 2021
Over the past five years, average annual wages increased by 4.8%, after adjusting for inflation. However, much of the increase in average wages can be attributed to growing wages among the highest earners. According to an analysis of Current Population Survey data by the Economic Policy Institute (EPI), real median hourly wages grew by 15% from 1979 to 2019. In comparison, workers in the 95th percentile saw their wages grow by 63%, while workers in the 10th percentile only experienced wage growth of about 3%.
Seattle Pi
February 23, 2021
Broadly, the demographics of the Labor Movement are changing. Per the Economic Policy Institute (EPI), the working class — defined as working people without degrees — makes up 66 percent of the total workforce. EPI estimates that the working class will be majority-minority by 2032 –– 11 years before the total population of the U.S. becomes so. If we look at just members of the working class aged 25-34, this group of workers will be majority-minority in 2021.
St. Louis/Southern Illinois Labor Tribune
February 23, 2021
More than half of states — 29 — have a minimum wage higher than $7.25 and 45 cities have a minimum wage higher than their state, according to the
Economic Policy Institute. A large portion of the states with a minimum wage higher than $7.25 raise it automatically with inflation.
The
wage went up in 20 states January 1. California has the highest statewide minimum wage at $14 per hour for companies that employ 26 or more people — but San Francisco and other cities in the state have higher wages, as do New York, Seattle and others.
…For an extremely in-depth look at the benefits of raising the minimum wage, here’s a report by the Economic Policy Institute, which lobbies for a wage increase.
CNN
February 23, 2021