“I find it hard to understand how the CBO concluded that raising the minimum wage would increase the deficit by $54 billion,” Sanders said. “… several major studies done by the Center on Wage and Employment Dynamics and the Economic Policy Institute both found that raising the minimum wage would amount to a significant reduction in the deficit.”
The Daily Iowan
March 11, 2021
According to 2017 data from the Economic Policy Institute, white families’ average wealth was seven times higher than that of Black families. Furthermore, even when an internship does come with compensation, race discrepancy is reportedly rampant across intern pay scales; the National Association of Colleges and Employers (NACE) reports that white students are more likely to be paid than unpaid, while Black students are more likely to be unpaid, Latinx candidates are more likely to never have an internship than an unpaid or paid internship, and multi-racial Americans are more likely to be unpaid or never intern at all. With access to internships being inequitable—and compensation being unequal once access is granted—many start out behind in terms of salary level, which is hard to make up for and may be part of what leads to so few BIPOC employees being in leadership roles.
Well and Good
March 11, 2021
It was a freezing afternoon in February 2011 as I marched up State Street to the Wisconsin State Capitol. I was between undergraduate classes at the University of Wisconsin-Madison when I caught word that a group of graduate-student workers were delivering valentines to Republican Governor Scott Walker and holding a rally at the Capitol urging him not to abolish their collective-bargaining rights. I had some time to kill and was curious about the action, so I marched along with them.
Teen Vogue
March 11, 2021
During the 2020 campaign, Biden promised to be “the most pro-union president you’ve ever seen.” Action is urgently necessary. In 1983, 20 percent of workers in the United States were union members; in 2020, that’s down to about 10.8 percent. Among employees in the private sector, the decline was even more precipitous: from 17 to 7 percent. Studies by the Economic Policy Institute and Brookings attribute the drop in union membership, along with globalization and automation, as a significant factor in wage stagnation and inequality, with the largest impact on lower income workers.
The Hill
March 11, 2021
A major concern regarding this income requirement should be that it will have the effect of excluding people of color who are “far more likely to be paid poverty-level wages than white workers,” according to the Economic Policy Institute’s study marking the 50th anniversary of the Poor People’s Campaign.
Sunny Side Post
March 11, 2021
While offering no source, Jahncke claims that, “for more than a decade, state employee compensation has exceeded compensation in Connecticut’s private sector by about 40 percent, the biggest gap in the nation.” That unattributed claim likely came from a 2015 report by the Yankee Institute asserting Connecticut public sector workers earn 25-46 percent more than comparable private sector workers. First, consider that the Yankee Institute is a right-wing, dark money-fueled, propaganda outlet associated with conservative North Carolina billionaire Thomas Roe’s State Policy Network. Roe’s particular objective, as revealed in Jane Mayer’s book, “Dark Money,” was the destruction of public sector unions. In a meticulous analysis for the respected Economic Policy Institute, Monique Morrissey debunked the Yankee Institute report, revealing it was based on a cherry-picked sample of workers, used nonstandard control variables, and inflated the cost of retiree benefits in the public sector, while minimizing their cost in the private sector. Morrissey concluded that Connecticut public sector workers without college degrees are compensated somewhat more than those in the private sector, while those with college and graduate degrees are compensated somewhat less than in the private sector, even when factoring in more generous public sector benefits. In short, Morrissey writes, “taxpayers are getting a bargain!”
CT Post
March 11, 2021
Nonpartisan think tank the Economic Policy Institute cheered the House’s passing of the PRO Act, stating helps “bring U.S. labor law into the 21st century.”
“The Senate should pass the PRO Act Immediately and ensure that all workers have a voice on the job,” Celine McNicholas, director of government affairs at the EPI and its policy analyst, Margaret Poydock, said in a joint statement.
Breitbart
March 11, 2021
In a statement the Economic Policy Institute explained that
The PRO Act helps restore workers’ right to join together to bargain for better wages and working conditions by streamlining the process when workers form a union, ensuring that they are successful in negotiating the first agreement, and holding employers accountable when they violate labor law.
Workday Minnesota
March 11, 2021
Determined to show that caregiving is essential work, Wiley hopes this grant will finally compensate family members who have traditionally worked in the home for free. According to the Economic Policy Institute, the average American made $19.33 per hour in 2019. Therefore, if women were compensated for their unpaid labor, they would earn nearly $40,000 a year.
Popsugar
March 11, 2021
According to an analysis by the Economic Policy Institute, a Washington think-tank, impacted workers would earn an additional $3,300 a year under a $15 minimum wage, and a majority (59 percent) whose total family income is below the poverty line would receive an increase if the wage is raised in four years’ time. The hike would be particularly significant for workers of color and help narrow the racial pay gap, the analysis also found.
Hays Free Press News-Dispatch
March 11, 2021
The following excerpt is from an Inc.com article, “Getting Beyond the Minimum Wage:” A 2020 study from Princeton University shows that providing low-wage workers with more money directly leads to increased consumer demand. That’s because they quickly recirculate their wages, says Heidi Shierholz, senior economist and director of policy at the Economic Policy Institute, a nonpartisan think tank in Washington, D.C. Low-wage workers and unemployed people, she says, typically have “no choice but to spend immediately on necessities.”
Taunton Gazette
March 11, 2021
Half of Americans ages 56 to 61 had less than $21,000 in retirement savings in 2016, the most recent year for which the figure is available, the Economic Policy Institute reports.
AARP
March 11, 2021
More than 25 million workers have been hurt by the pandemic, according to a report from the Economic Policy Institute, a progressive think tank, including 10 million who are currently unemployed, an estimated five million who have left the workforce and are not being counted in unemployment numbers, and 6.6 million who have seen their hours and pay cut because of COVID-19.
The Philadelphia Inquirer
March 11, 2021
At face value, “$300 instead of $400 is worse,” says Heidi Shierholz, the director of policy at the Economic Policy Institute. A $300 weekly boost on top of state UI replaces 74% of the average worker’s lost income, according to a CNBC analysis, while a $400 weekly supplement bumps it up to 85% wage recovery. The CARES Act’s $600 weekly enhancement aimed to provide 100% wage replacement for the average worker.
CNBC
March 11, 2021
Meanwhile, the unemployment rate for Black workers went the other way: jumping to 9.9% from 9.2% before. The current rate is “just shy of the high-water mark in the Great Recession,” wrote Elise Gould, senior economist at the Economic Policy Institute.
CNN
March 11, 2021
The Economic Policy Institute’s “Raising the federal minimum wage to $15 by 2025 would lift the pay of 32 million workers” research paper analyzed pay by state, unemployment rate, job type and effect on poverty levels. The foundation of the research was based on the “Raise the Wage Act of 2021,” which had five increases in the minimum wage between now and 2025 when it would reach the $15 threshold.
24/7 Wall St.
March 11, 2021
“I find it hard to understand how the CBO concluded that raising the minimum wage would increase the deficit by $54 billion,” Sanders said. “… several major studies done by the Center on Wage and Employment Dynamics and the Economic Policy Institute both found that raising the minimum wage would amount to a significant reduction in the deficit.”
The Daily Iowan
March 11, 2021
According to 2017 data from the Economic Policy Institute, white families’ average wealth was seven times higher than that of Black families. Furthermore, even when an internship does come with compensation, race discrepancy is reportedly rampant across intern pay scales; the National Association of Colleges and Employers (NACE) reports that white students are more likely to be paid than unpaid, while Black students are more likely to be unpaid, Latinx candidates are more likely to never have an internship than an unpaid or paid internship, and multi-racial Americans are more likely to be unpaid or never intern at all. With access to internships being inequitable—and compensation being unequal once access is granted—many start out behind in terms of salary level, which is hard to make up for and may be part of what leads to so few BIPOC employees being in leadership roles.
Well and Good
March 11, 2021
It was a freezing afternoon in February 2011 as I marched up State Street to the Wisconsin State Capitol. I was between undergraduate classes at the University of Wisconsin-Madison when I caught word that a group of graduate-student workers were delivering valentines to Republican Governor Scott Walker and holding a rally at the Capitol urging him not to abolish their collective-bargaining rights. I had some time to kill and was curious about the action, so I marched along with them.
Teen Vogue
March 11, 2021
Nonpartisan think tank the Economic Policy Institute cheered the House’s passing of the PRO Act, stating helps “bring U.S. labor law into the 21st century.”
“The Senate should pass the PRO Act Immediately and ensure that all workers have a voice on the job,” Celine McNicholas, director of government affairs at the EPI and its policy analyst, Margaret Poydock, said in a joint statement.
Breitbart
March 11, 2021
In a statement the Economic Policy Institute explained that
The PRO Act helps restore workers’ right to join together to bargain for better wages and working conditions by streamlining the process when workers form a union, ensuring that they are successful in negotiating the first agreement, and holding employers accountable when they violate labor law.
Workday Minnesota
March 11, 2021
Determined to show that caregiving is essential work, Wiley hopes this grant will finally compensate family members who have traditionally worked in the home for free. According to the Economic Policy Institute, the average American made $19.33 per hour in 2019. Therefore, if women were compensated for their unpaid labor, they would earn nearly $40,000 a year.
Popsugar
March 11, 2021
According to an analysis by the Economic Policy Institute, a Washington think-tank, impacted workers would earn an additional $3,300 a year under a $15 minimum wage, and a majority (59 percent) whose total family income is below the poverty line would receive an increase if the wage is raised in four years’ time. The hike would be particularly significant for workers of color and help narrow the racial pay gap, the analysis also found.
Hays Free Press News-Dispatch
March 11, 2021
The following excerpt is from an Inc.com article, “Getting Beyond the Minimum Wage:” A 2020 study from Princeton University shows that providing low-wage workers with more money directly leads to increased consumer demand. That’s because they quickly recirculate their wages, says Heidi Shierholz, senior economist and director of policy at the Economic Policy Institute, a nonpartisan think tank in Washington, D.C. Low-wage workers and unemployed people, she says, typically have “no choice but to spend immediately on necessities.”
Taunton Gazette
March 11, 2021
Half of Americans ages 56 to 61 had less than $21,000 in retirement savings in 2016, the most recent year for which the figure is available, the Economic Policy Institute reports.
AARP
March 11, 2021
More than 25 million workers have been hurt by the pandemic, according to a report from the Economic Policy Institute, a progressive think tank, including 10 million who are currently unemployed, an estimated five million who have left the workforce and are not being counted in unemployment numbers, and 6.6 million who have seen their hours and pay cut because of COVID-19.
The Philadelphia Inquirer
March 11, 2021
At face value, “$300 instead of $400 is worse,” says Heidi Shierholz, the director of policy at the Economic Policy Institute. A $300 weekly boost on top of state UI replaces 74% of the average worker’s lost income, according to a CNBC analysis, while a $400 weekly supplement bumps it up to 85% wage recovery. The CARES Act’s $600 weekly enhancement aimed to provide 100% wage replacement for the average worker.
CNBC
March 11, 2021
Meanwhile, the unemployment rate for Black workers went the other way: jumping to 9.9% from 9.2% before. The current rate is “just shy of the high-water mark in the Great Recession,” wrote Elise Gould, senior economist at the Economic Policy Institute.
CNN
March 11, 2021
The Economic Policy Institute’s “Raising the federal minimum wage to $15 by 2025 would lift the pay of 32 million workers” research paper analyzed pay by state, unemployment rate, job type and effect on poverty levels. The foundation of the research was based on the “Raise the Wage Act of 2021,” which had five increases in the minimum wage between now and 2025 when it would reach the $15 threshold.
24/7 Wall St.
March 11, 2021