An estimated 4.3 million Americans would become eligible to be paid for extra hours worked under the U.S. Department of Labor’s new overtime rule, and they could expect to collect $1.5 billion in additional wages annually, according to an estimate by the Economic Policy Institute.
Arkansas Times
August 12, 2024
The call for a four-day workweek is fundamentally a matter of economic justice. While worker productivity has grown by over 60 percent since the 1970s, wages have only increased by about 15 percent, according to an analysis by the Economic Policy Institute. A reduction in work hours could help address these disparities by allowing more people to share in the economic benefits of increased productivity.
Inequality.org
August 12, 2024
Over several decades, a growing number of people in the United States and elsewhere – especially younger people – have turned against capitalism. The reasons are not hard to find.
Reported by Lewis Raven Wallace and produced by John Biewen, with co-host Ellen McGirt. Interviews with Esteban Kelly, Josh Bivens, Malaika Jibali, and Evan Caldwell.
Scene On Radio podcast
August 12, 2024
…for children. One of the most massive costs, according to the Economic Policy Institute, is child care. Offsetting that cost means, maybe,…[paywall]].
Forbes
August 12, 2024
HeyTutor analyzed data from the Economic Policy Institute to illustrate how teacher wages compare to other workers Teaching vacancies…[paywall].
Tulsa World
August 12, 2024
Airbnb called the regulation a soft ban on its business, but critics pointed to data suggesting the company’s short-term rentals were driving up rents in the city. According to a 2019 study by the Economic Policy Institute, the company’s introduction and expansion in New York drove up average rents in the city by nearly $400 annually. The company sued the city twice in an effort to undermine the legislation.
The Independent
August 12, 2024
An analysis done by Larry Mishel at the Economic Policy Institute in 2018 found that there was still a substantial premium for manufacturing workers over the years 2010-2016 when controlling for these factors. A more recent analysis from the Federal Reserve Board found that this premium had disappeared altogether, even when controlling for these factors.
Counterpunch
August 12, 2024
Minnesota also passed a law last year establishing a state-run sector council to set wages and other workplace standards for nursing home workers. The council—composed of labor, industry, and government representatives—is a new approach to improve working conditions by sector, said Dave Kamper, senior state policy strategist for the Economic Policy Institute Action organization.
And businesses needed some convincing from Walz to pass that law, Kamper, who worked at the Minnesota Association of Professional Employees before EPI, said.
“Governor Walz was helpful in bringing all the different parties to the table to to genuinely hammer out a compromise on how to make the standards board work,” said Kamper. “There are certainly other industries, other states, where this has come up and it’s often opposed very strongly. In this case, the unions and the employers and Governor Walz and the legislature as a whole were able to come up with a deal that everyone felt was in their best interests.”
Bloomberg Law
August 12, 2024
Since 2021, lawmakers in 31 states have introduced bills that would weaken child labor protections, according to the Economic Policy Institute, a think tank that examines how policies affect low- and middle-income workers. This year, EPI tracked bills weakening child labor protections that passed in eight red states: Alabama, Florida, Indiana, Iowa, Kentucky, Louisiana, Oklahoma and West Virginia.
Bellevue Herald Leader
August 12, 2024
On average, contributions from federal agencies make up only about 8 percent of public school operating budgets. A 2022 report from the Economic Policy Institute (EPI) uses data to make the case for a school funding overhaul, arguing that Congress should be investing significantly more to ensure that US school districts are adequately and equitably resourced.
Jacobin
August 12, 2024