However, the Economic Policy Institute points out that women earn less at every wage level. Thus, it’s not just that women gravitate toward less-lucrative industries. Those women in high-paying sectors are still compensated less than their male counterparts. Logically, this suggests that with the gender equity gap, sexism is at least partially responsible for the negative impact.
Nasdaq
November 4, 2020
Bivens, J and B Zipperer (2020), Health Insurance and the COVID-19 Shock, Economic Policy Institute Report.
VoxEU
November 4, 2020
According to the Economic Policy Institute 300, the average retirement savings of Americans ages 32 to 37 was $32,602 as of 2016. It should ideally be closer to $67,000.
This figure increases dramatically for savers in their late 30s and early 40s. At this point, the average retirement savings grows to $61,933 among Americans ages 38 to 43.6
The Balance
November 4, 2020
According to a recent Economic Policy Institute (EPI) study, K-12 districts across the US are facing a $1 trillion shortfall by the end of 2021. The sharp decline in state and local tax revenue comes in the aftermath of decades of systematic disinvestment in public education. State and local funding constitutes the majority source of K-12 public school budgets in the US.
World Socialist Website
November 4, 2020
The latest decision to nix the agency’s previous lottery-based method of selecting visa petitions is an attempt to address an issue that observers of the H-1B program have previously highlighted. That is, the H-1B program’s prevailing wage levels mean workers can hire foreign talent at prices that are “significantly lower” than local median salaries for certain occupations, according to a May analysis by the Economic Policy Institute. The organization found, for instance, that three-fifths of 2019 H-1B jobs were certified at the two lowest prevailing wage levels.
HR Dive
November 4, 2020
Whenever a minimum-wage increase is put to voters to decide, it passes, says David Cooper, senior analyst at the left-leaning Economic Policy Institute. The results in Florida, where the $15 wage floor passed with nearly 61% of the vote, “signals to federal lawmakers that this is an issue that they can’t ignore,” Cooper adds.
Quartz
November 4, 2020
Economists appear just as split on increasing the minimum wage as politicians. An open letter published by the Economic Policy Institute (EPI) was signed by more than 40 economists supporting an increase of the minimum wage to $15 by 2024, noting that it would benefit about 28.1 million workers in the U.S.
The Hill
November 4, 2020