The second of these was produced at the Economic Policy Institute. It does appear somewhat outdated, using 2017 data, but it produces considerably higher calculations.
Here, in Peoria, they calculate annual expenses of $33,994 for a single adult and $47,785 for a couple.
Forbes
February 2, 2021
A new report by three experts at the Economic Policy Institute (EPI), a left-leaning think tank, comes to a similar conclusion as Reich. According to the Times, which got a look at the EPI study ahead of its publication, the analysis “found that there would be ‘significant and direct effects’ on the federal budget by increasing payroll tax revenue by $7 billion to $13.9 billion and reducing expenditures on public assistance programs by $13.4 billion to $31 billion.”
“This is a sizable chunk of money, no matter how you look at it,” David Cooper, senior economic analyst at EPI, said in an interview with the Times.
Common Dreams
February 2, 2021
In 2020, only 6.3 per cent of private sector workers in the US were members of a union. In key sectors for working-class jobs such as personal care, food service and retail, the figure is less than 5 per cent. But Heidi Shierholz, director of policy at the Economic Policy Institute, says Mr Biden’s approach so far to workers’ rights is very different from previous Democratic presidents Bill Clinton and Barack Obama. “We’re in the very beginning of this but the early signs are that the Biden administration is really centering worker power, collective bargaining, social justice, in a way that’s different to what we’ve seen in the past,” she says.
Financial Times
February 2, 2021
Many who have been impacted are Black and Brown women. Before the pandemic, 14.6% of all Latina workers in the U.S. worked in the hospitality sector, according to the Economic Policy Institute.
WTTW
February 2, 2021
Meanwhile, the left-leaning Economic Policy Institute estimated during the pandemic that “gradually raising the federal minimum wage to $15 by 2025 would lift pay for nearly 32 million workers — 21% of the U.S. workforce.”
That’s a lot of people.
Arizona Republic
February 2, 2021
Lastly, The Economic Policy Institute (2019), in what has been deemed the most comprehensive metastudy on the impacts of a significant minimum wage increase, examined the effects of 138 state minimum wage changes that occurred in the United States between 1979 and 2014. They found that “even with minimum wages rising as high as 55 percent of the median wage, there was no evidence of any reduction in the total number of jobs for low-wage workers”.
UConn Daily Campus
February 2, 2021
As a result, white families’ average net wealth was seven times higher than Black families’ in 2017, according to a report from the Economic Policy Institute published that year.
The Temple News
February 2, 2021
Some proponents also claim the bill would attract new manufacturing companies to the state. But studies by the Economic Policy Institute have found similar laws in other states have little to no positive impact on job growth.
Public News Service
February 2, 2021