According to the Economic Policy Institute, the average Uber driver only works three months out of the year and 17 hours per week. For most drivers, Uber only supplements their income. Uber never claimed to provide a living wage, it’s pretty openly marketed as a side hustle.
Uber drivers may only make between $8.55 and $10 an hour, but people continue to hop in the driver’s seat, proving they would rather work for those numbers than take the extra leisure time.
Orange County Register
August 17, 2020
Indeed, according to the Economic Policy Institute, 60 percent of all H-1B positions certified by the Department of Labor are paid well below the local median wage for the occupation. In other words, TVA was willing to cut costs by replacing federal employees with lower-paid contractors.
InsideSources
August 17, 2020
The Economic Policy Institute estimates that extending the $600 UI benefits, which expired in July, through to the middle of 2021 would provide an average quarterly GDP boost of 3.7 percent, as well as sustain the employment of 5.1 million workers.
Newsweek
August 16, 2020
Possible reasons for that include differing work demands or socioeconomic circumstances, he said. A June study by the Economic Policy Institute found that Black people make up roughly one in nine workers overall but one in six of all front-line industry workers — the “essential” workers who face a higher probability of becoming infected.
CBS 17
August 16, 2020
It has identified and locked more than 3,500 fraudulent claims since January 2020, representing 0.07% of claims, Gamez said. More than 1.6 million Texans were receiving unemployment benefits or awaiting approval as of Aug. 8, according to an Economic Policy Institute analysis of government data.
Dallas Morning News
August 16, 2020
Scott’s grantees already include plenty of organizations working to boost economic mobility among disadvantaged groups, as well as labor movement nonprofits like the National Domestic Workers Alliance and One Fair Wage. However, think tanks whose missions center economic justice are less well-represented. Though she did back PolicyLink, Scott hasn’t yet backed places like the Economic Policy Institute, the Center on Budget and Policy Priorities, or Demos—all of which advocate for liberal fiscal policy and better supports for the lower and middle classes.
Inside Philanthropy
August 16, 2020
“I think [Uber’s numbers] are phony-baloney,” said economist Larry Mishel, a distinguished fellow at the left-leaning Economic Policy Institute and author of a 2018 study about Uber’s wages.
WVLT-TV
August 16, 2020
In a webinar hosted by the Economic Policy Institute on Friday, Glenn Hubbard, retired dean and Russell L. Carson Professor of finance and economics at Columbia University, said at least $500 billion of federal aid is needed for municipalities to get through the coronavirus pandemic. Hubbard specifically said those funds could be in a block grant program — a grant from the federal government which then is dispersed by local governments.
Josh Bivens, director of research at the Economic Policy Institute, said it would be better for lawmakers to overshoot on aid needed by municipalities and give that $1 trillion.
Bond Buyer
August 16, 2020
The Economic Policy Institute also reports that ‘based on average hourly earnings, Black women still earned only 66 cents for every dollar White, non-Hispanic men made.
Y’all Politics
August 16, 2020
The upshot: Workers shouldn’t count on seeing an increase in their paychecks because of the payroll tax deferral — not by September 1 or perhaps ever.
“Even a straight up legislatively passed payroll tax cut would be far from the top-five best measures to stimulate the economy,” said Josh Bivens, director of research at the left-leaning Economic Policy Institute. “This is obviously much worse, because it is not clear how many companies will actually stop withholding, and how many people will spend the money given they will have to give it back come January. If you want people to spend a tax break, you don’t want to tell them they will have to give it back in four months.”
CBS Moneywatch
August 16, 2020