Of the workers who will benefit from a $15 federal minimum wage hike, 59% are women, with nearly one in four of these women being Black or Latina, reports the Economic Policy Institute.
CNBC
February 22, 2021
“Because a higher minimum wage lifts up lower-income households — although some middle-income households benefit, too — it is likely to have a stronger effect than many — possibly even most — other recession response measures state and local policymakers might consider,” Dave Cooper, senior economic analyst at the Economic Policy Institute, said in One Fair Wage’s report.
Restaurant Dive
February 22, 2021
But without hundreds of billions in new federal aid, state and local governments won’t have the money to do that, said Julia Wolfe at the Economic Policy Institute.
“Many of them will be tempted to pursue austerity — the same mistake that they made last time around, in the Great Recession,” Wolfe said, after which it took years to restore public sector employment.
Marketplace
February 22, 2021
- Counter: “That claim of job loss isn’t supported by evidence — it’s likely an overestimate of negative employment impact. But even if you accept their findings, they still find the benefits far outweigh the costs,” Heidi Shierholz, the Labor Department’s chief economist under Barack Obama, told CBS.
Washington Post
February 22, 2021
Black people also suffer inequities in the labor market. For fifty years now, the unemployment rate of Black people has remained twice the rate of whites. In Washington, D.C., the city where John Thompson and I were born and raised, the jobless rate for Black people was more than six times the rate of whites in 2019. And Black households in 2019 earned just 61 cents on the dollar when compared to white households, according to the Economic Policy Institute.
The Progressive
February 22, 2021
As Insider reported last month, research from the left-leaning Economic Policy Institute suggests raising the minimum wage would increase income for nearly one in three Black workers. According to the institute, 23% of people who could see a boost in wages would be Black or Latinx women.
Teen Vogue
February 22, 2021
An organizing boom has hit the nonprofit world as workers at numerous legal aid groups, cultural institutions and advocacy organizations ranging from local social service providers to the American Civil Liberties…[paywall].
Law360
February 22, 2021
The Economic Policy Institute estimates raising the minimum wage to $15 by 2025 “would lift pay for nearly 32 million workers across the country.” According to an EPI study, 32 million workers — or 21% of the workforce — would see a raise if the minimum wage was increased to $15 an hour. The study also suggests that the increase “would provide an additional $107 billion in wages for the country’s lowest-paid workers,” the average of whom would see an additional $3,300 a year.
Media Matters for America
February 22, 2021
Did low-wage workers lose out in the first period and make gains in the second? Not at all. According to a study by the Economic Policy Institute, wages for the bottom 10th percentile of US workers rose in the late 1990s, and fell during the years from 2010 to 2014.
FAIR
February 22, 2021
We get some background on forced arbitration and why it matters from previous CounterSpin conversations with Celine McNicholas from the Economic Policy Institute and Joanne Doroshow from the Center for Justice and Democracy.
FAIR Counterspin
February 22, 2021