In 1968, the minimum wage was more than 52% of the median wage for full-time US workers. By 2014, that ratio had declined to 37% percent. “If the minimum wage had kept pace with price increases since 1968, by 2014 it would have stood at $9.54—about 32 percent higher than its actual level,” notes a 2015 report from the Economic Policy Institute, a left-leaning think tank.
Quartz
January 21, 2021
The 2019 Economic Policy Institute article “Black women’s labor market history reveals deep-seated race and gender discrimination” clearly refutes this notion. “Compared with other women in the United States, Black women have always had the highest levels of labor market participation regardless of age, marital status, or presence of children at home,” the article asserts. Obviously, Black women are and always have been well represented in the broader labor force. Where they’re typically not represented is in executive leadership.
Forbes
January 21, 2021
In December, Uber’s CEO asked the governors of all 50 states to give the ride-hailing company’s workers priority for the coronavirus vaccine. The company sent a similar letter to the Centers for Disease Control and Prevention.
The Colorado Sun
January 21, 2021
Richard Rothstein is the author of The Color of Law: A Forgotten History of How Our Government Segregated America (Liveright, 2017). He is a Distinguished Fellow of the Economic Policy Institute and a Senior Fellow (emeritus) at the Thurgood Marshall Institute of the NAACP Legal Defense Fund. In addition to his recent book, The Color of Law, he is the author of many other articles and books on race and education, which can be found through the Economic Policy Institute. Previous published books include Class and Schools: Using Social, Economic and Educational Improvement to Close the Black-White Achievement Gap, and Grading Education: Getting Accountability Right.
World Architecture
January 21, 2021
But the CBO’s estimates about job losses are more negative than expected, according to Ben Zipperer, an economist at the Economic Policy Institute, a left-leaning research group.
“The benefits of the policy far outweigh the potential costs,” he said.
CNBC
January 21, 2021
“It’s a disaster. Those kids who have already got the worst of COVID and its consequences are the ones who are going to face a larger lack of sufficient, and sufficiently qualified, teachers,” Emma Garcia, an education economist at the Economic Policy Institute, told The New York Times. “It’s going to have negative consequences immediately and it’s going to take them longer to be able to catch up.”
The Hill
January 21, 2021
Heidi Shierholz, an economist at the Economic Policy Institute, a progressive think-tank, argued that the CBO’s estimated job losses from enacting a $15 minimum wage are “overstated.”
“The crucial fact is that an employment decline as a result of a minimum wage increase doesn’t necessarily mean any worker is actually worse off,” she wrote in a July 2019 report. “For a wide variety of reasons, a sizeable share of low-wage workers routinely cycle in and out of employment; each quarter, more than 20 percent of the lowest-wage workers leave or start a job.”
MarketWatch
January 21, 2021
And this isn’t a tactic unique to academic organizing. According to a report from the Economic Policy Institute, employers in the United States spend a collective $340 million on “union avoidance” consultants each year, generally for the purpose of framing unionizing efforts as labor’s bogeyman.
Orlando Weekly
January 21, 2021
The Economic Policy Institute says 9.8 million jobs have disappeared since February 2020. The think tank stated Jan. 14 that 26.8 million workers are now jobless or have experienced a cut in hours or wages due to the pandemic. (tinyurl.com/y3blh3qj)
Mundo Obrero Workers World
January 21, 2021
“It’s a disaster. Those kids who have already got the worst of COVID and its consequences are the ones who are going to face a larger lack of sufficient, and sufficiently qualified, teachers,” Emma Garcia, an education economist at the Economic Policy Institute, told The New York Times. “It’s going to have negative consequences immediately and it’s going to take them longer to be able to catch up.”
The Hill
January 21, 2021