Some other states have not seen an increase since the federal minimum wage last rose from $6.55 to $7.25 on July 24, 2009. According to the Economic Policy Institute, there were 31 states affected by that increase, but several states have since raised their wages since then, such as New York and Maryland.
Business Insider
February 12, 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.
People's Weekly World
February 12, 2021
What is more, the investment would pay dividends for school systems. The Economic Policy Institute found that for every $1 invested in capital improvements to education facilities, $1.50 in eventual economic development in the community is generated. A Quarterly Journal of Economics study found that educational advancement, housing prices and school enrollment increases follow suit.
The Daily Free Press
February 12, 2021
For a Columbia resident with no children, the cost of living is approximately $35,325 considering housing, food, child care, transportation, health care and other expenses, according to the Economic Policy Institute.
The State
February 12, 2021
Andrew Hsu of National Public Radio notes that Economic Policy Institute (EPI) research finds that the measure would “boost income for people of color, who make up a disproportionate share of low-wage workers. Nearly one-third of African American workers and one-quarter of [Latinx] workers would see raises.”
Nonprofit Quarterly
February 12, 2021
Murphy, who introduced his bill in 2015 and is reintroducing it this year, cited an Economic Policy Institute study claiming that closing loopholes in the law will create 60,000 to 100,000 jobs.
TechTarget
February 12, 2021
The Economic Policy Institute, which receives some of its funding from labor unions, analyzed the same congressional proposal as the CBO but found more workers would see higher wages. It estimated the legislation would raise the pay of nearly 32 million workers and “meaningfully reduce the number of families in poverty.”
EPI also argues that a single, full-time worker without kids needs $15 an hour “to achieve a modest but adequate standard of living.”
FactCheck.org
February 12, 2021
But the jobless could fall off another cliff unless lawmakers keep extending jobless benefits, warns Economic Policy Institute Policy Director Heidi Shierholz, a former top Labor Department economist.
People's Weekly World
February 12, 2021
Limiting relief to the federal checks, without forcing wages to go up, takes the burden off the corporations who continue to underpay their workers. These same corporations were the primary beneficiaries of Trump’s 2017 tax cuts. While keeping workers’ wages below poverty levels for decades, CEOs — in the top 1% — have seen their compensation increase by 940% since 1978. During the same period, a typical worker’s income has risen by only 12%. (Economic Policy Institute)
International Action Center
February 12, 2021