Whitmer has a point that wages for those at the top, over the long-term, have grown more rapidly than for those in lower-income groups. The Economic Policy Institute, a think tank that advocates for low- and middle-income workers, said in a 2019 report that every income percentile saw some growth in inflation-adjusted hourly wages from 1979 to 2018, though the 50th percentile saw a 14% increase while the 95th percentile experienced a 56.1% increase.
FactCheck.org
February 6, 2020
MagnifyMoney examined 2019 data from the Joint Center of Housing Studies and the Economic Policy Institute, looking at 34 U.S. cities with populations of 300,000 or more in 2018. By assuming 16 percent withholding in Social Security, Federal Insurance Contributions ACT, Medicare and federal income tax, MagnifyMoney estimated the take-home pay after payroll taxes for each city as part of its methodology.
Dallas Business Journal
February 6, 2020
Trump is to blame for much of the economic hardship faced by working families, says Heidi Shierholz, Senior Economist and Director of Policy at the Economic Policy Institute. She rattled off a list of examples of harmful Trump policies, including rolling back overtime protections and workplace safety protections, weakening protections that keep franchise employees from being cheated out of their earnings, and making it harder for workers to join together to improve their wages and working conditions.
“President Trump claims to stand for workers,” Shierholz noted, “but at every turn he has prioritized the interest of corporate executives over those of the working people of this country.”
Inequality.org
February 6, 2020
Fact: According to a study conducted by the Economic Policy Institute, “Even with a historically low average annual black unemployment rate of 6.1% in 2019, black workers are twice as likely to be unemployed as white workers overall and are more likely to be unemployed than white workers at every education level. Only black workers with some college or more education have an unemployment rate lower than the overall unemployment rate of white workers.”
Black Enterprise
February 6, 2020
China’s model of state-led capitalism has already eroded America’s domestic manufacturing industry -despite what some might claim to be ‘blue-collar boom.’ Workers saw 2.8 million family-supporting factory jobs in the U.S. lost to China from 2001 to 2018, according to a new report released by the Economic Policy Institute.
Public
February 6, 2020
Domestic workers are mostly female immigrants, according to a report by the Economic Policy Institute.
The Goldendale Sentinel
February 6, 2020
You birth ’em, you care for ’em has been the unspoken rule for women and child care for centuries. This attitude and a lack of accessible child care have long forced caregivers into a tough dilemma: stay home with children and forego (or pause) a career and contributing financially to their households, or spend a significant chunk of income paying for the steep costs of child care. In California, the average cost of care can range from about $956 to more than $1,500 per month, which is approximately 24.9 percent of the average family’s median income, according to the Economic Policy Institute. Even in a state with a lower cost of living, like Michigan, these costs run from $705 to more than $900 per month.
Dame Magazine
February 6, 2020
Robert E. Scott, senior economist at the nonprofit think tank Economic Policy Institute, said the while the overall deficit fell, the U.S. trade gap in non-oil goods actually grew 1.8% last year.
“Aside from petroleum, trade was a net drag on the economy in 2019, and on manufacturing, in particular,” he wrote. “This comes on top of an 18.3% increase in the goods trade deficit in the first two years of the Trump administration.”
Courthouse News Service
February 6, 2020
Rob Scott, senior economist with the labor-friendly Economic Policy Institute, said he suspects China of passing its goods through other countries to avoid Trump’s tariffs.
“The declining U.S. trade deficit with China was more than offset by increased imports from these other suppliers,” Scott said. “That was particularly remarkable given the slowdown in the U.S. manufacturing sector that occurred in 2019. Half of U.S. states experienced a decline in manufacturing employment over the past year, especially those in the Midwest and mid-Atlantic states.”
Politico
February 6, 2020
Despite competition from think tanks with much greater size and funding, the Acton Institute rated in the top third (31) of the “Top U.S. Think Tanks” in 2019 – behind the National Bureau of Economic Research (NBER, 25) but ahead of the Pew Research Center (32) and the Economic Policy Institute (35).
Acton Institute
February 6, 2020