A shift in labor market dynamics is not surprising, considering widening gaps over the decades between employers and workers, supply and demand. This includes reductions in benefits and flexibility, a sense among workers that employers simply don’t value them and pay disparities — the Economic Policy Institute estimates that compensation has grown 1,322% for CEOs since 1978 but just 18% for the typical worker.
Forbes
December 3, 2021
Other candidates for board slots include Valerie Wilson, director of the left-leaning Economic Policy Institute’s Program on Race, Ethnicity, and the Economy; Lisa Cook, a professor of economics and international relations at Michigan State University; William Spriggs, chief economist at the AFL-CIO and Karen Dynan, a former top Treasury official under President Barack Obama and an economics professor at Harvard University.
Bloomberg
December 3, 2021
“They don’t have any fantastic policy tool available to them” to address the drivers of elevated inflation, said Josh Bivens, research director at the left-leaning Economic Policy Institute.
Wall Street Journal
December 3, 2021
Home care workers make an average of under $14 an hour, or less than $30,000 a year, according to a new study from the Economic Policy Institute, a liberal group. Most of the workers are women, and many are of color.
The New York Times
December 3, 2021
C’est pourqoui Lawrence Mishel espère des changements en particulier des sanctions plus fortes, de l’administration Biden.
Alternatives Economiques
December 2, 2021
Dollar Tree’s decision to push higher costs onto consumers follows a growing trend of companies citing inflationary pressures in the economy to justify price hikes—even as they bring in record profits and lavishly reward their executives and shareholders. In 2020, according to a recent analysis by the Economic Policy Institute, CEOs made 351 times as much as a typical worker, and CEO pay has soared by 1,322% since 1978.
Common Dreams
November 24, 2021
Workers advocates, however, are still steadfastly against the measure. David Cooper, a senior analyst for the Economic Policy Institute (paywall).
Orlando Sentinel
November 24, 2021
Recently, there has been a resurgence of workers to form unions and gain the right to organize a union and bargain collectively to improve wages and working conditions. According to the Economic Policy Institute, 60 million people, or nearly half of all nonunion workers, say they want a union in their workplace. Yet only 12 percent of all workers are represented by unions.
Albany Times Union
November 24, 2021
Contrary to the parliamentarian’s ruling, however, reports by the Congressional Budget Office (CBO) and economists say that immigration reform does affect the budget significantly; not only would the proposal move the country’s immigration policies in a more humane direction, but it would also have significant and positive impacts on the economy, according to the Economic Policy Institute.
Truthout
November 24, 2021
The representatives also contend that the Parliamentarian Elizabeth MacDonough’s memorandum was issued despite “evidence to the contrary,” citing sources including the Washington, D.C.-based Economic Policy Institute about the beneficial impact immigrants have on the U.S. economy.
Michigan Advance
November 24, 2021
Labor unions, which advocate for improving working conditions, pay and benefits for employees, have helped them negotiate for better contracts. According to a Economic Policy Institute report, unionized workers “earn on average 11.2% more in wages than nonunionized peers,” and “Black and Hispanic workers get a larger boost from unionization. Black workers represented by a union are paid 13.7% more than their nonunionized peers. Hispanic workers represented by unions are paid 20.1% more than their nonunionized peers.”
Daily Sundial
November 24, 2021
Jeff Faux, founding president and now distinguished fellow at the Economic Policy Institute, is the author of ‘The Servant Economy’ and ‘The Global Class War.’
The American Prospect
November 24, 2021
Ben Zipperer, an economist with the left-leaning Economic Policy Institute, said in a lengthy blog post Monday that while the rule touches a relatively small percentage of the U.S. workforce, its impact could have positive reverberations.
Common Dreams
November 24, 2021
The CPCC brings together a wide array of groups across issue areas to develop progressive policy agendas and share analysis of legislative developments. The Institute for Policy Studies and the Economic Policy Institute co-lead a CPCC policy and research council, and the Center’s action arm publishes a weekly “DC Download” newsletter that has been a go-to guide to the insanely complex reconciliation negotiations.
Inequality.org
November 24, 2021
Intelligent.com collected the data for this report from the National Center for Education Statistics, the United States Department of Labor, EducationData.org, and the Economic Policy Institute.
Intelligent.com
November 24, 2021
Fast forward 200-plus years and we find that working from home is making a vibrant renaissance with some panic-induced assistance from a virus. 4.7 million of us, according to the Economic Policy Institute, have the privilege of earning a paycheck by pecking at symbols atop a layer cake of integrated circuits; all while donning a bathrobe. (I happen to have one on at the moment).
Moscow-Pullman Daily News
November 24, 2021
The hospitality industry was one of the hardest hit by the COVID-19 pandemic, with more than 3.5 million jobs lost in 2020, according to a report by the Economic Policy Institute.
University of Central Florida
November 24, 2021
Features Josh discussing Jerome Powell’s nomination for Federal Reserve Chair.
Spectrum News
November 24, 2021
Black and Hispanic unemployment rates remain well above the rates of their white counterparts, according to an analysis by nonpartisan think tank, the Economic Policy Institute.
Axios
November 24, 2021
Terri Gerstein is the director of the State and Local Enforcement Project at the Harvard Law School Labor and Worklife Program and a senior fellow at the Economic Policy Institute.
The American Prospect
November 24, 2021
Monique Morrissey is a staff economist at the Economic Policy Institute, where she focuses on retirement security, executive compensation, the Federal Reserve, and financial markets.
Common Dreams
November 24, 2021
Since China joined the WTO, the number of jobs in the U.S. manufacturing industry has been decreasing. The Economic Policy Institute estimates that the trade deficit with China cost about 2.7 million jobs between 2001 and 2011, including manufacturing and other industries.
The BL
November 24, 2021
A study of the workforce released by the Economic Policy Institute (EPI) delineates 1979 as the point where significant changes started to accelerate a large chasm between workers and wages. Whereas the mid-20th century reflected a time of advances for working class Americans, “The decades since 1979 have been characterized by erosion of the minimum wage and overtime-pay standards, a decline in unionization and cultural and political acceptance of excessive executive pay.”
The Malibu Times
November 24, 2021
The Economic Policy Institute published a report last year that found Black children nationally are five times as likely as white children to attend schools that are highly segregated by race and ethnicity.
NC Policy Watch
November 24, 2021
On average, the annual cost of infant care in Ohio is $808 per month, according to the Economic Policy Institute, a Washington, D.C-based nonprofit, nonpartisan think tank.
Columbus Dispatch
November 24, 2021
According to a December 2019 report conducted by the Economic Policy Institute, US employers are charged with violating labor law in 41.5% of all union elections and spend nearly $340m annually on union avoidance consultants, tactics that labor leaders and many elected officials are hoping to rein in with the Pro Act in Congress.
The Guardian
November 24, 2021
In Michigan, where household incomes and child care costs are close to average for the U.S., a couple raising an infant and toddler today can expect to spend about $20,000 a year to place both kids in accredited child care, according to calculations from the Economic Policy Institute.
The Huffington Post
November 24, 2021
The federal government does not keep great data on the pay of federal contractors, so it’s hard to know exactly how many workers will see a wage increase. Earlier this year, the Economic Policy Institute estimated that a hike to $15 would create direct raises for up to 390,000 workers, a potentially larger number than the Labor Department estimated. EPI said the average pay increase would be around $3,100 annually.
The Huffington Post
November 24, 2021
“In the meantime, the Covid-19 inflation shock is being muffled, not amplified, by the labor market as average wage growth lags inflation. This has been tough on working families but means harsh medicine meant to stop wage-price spirals is not needed. The Federal Reserve’s decision to slowly reduce monthly asset purchases was prudent, providing a strong signal that inflation stability remains a crucial part of its mandate. But that’s enough for now.” — Josh Bivens, director of research at the Economic Policy Institute
Politico
November 24, 2021