(All the following statistics come from the U.S. Census Bureau and the Economic Policy Institute.)
This is the effectiveness of the self-funded savings of retirees in America:
- The mean retirement savings of all working-age families is $95,776,
- The median amount, which factors in the nearly 50% of Americans who have no retirement savings, is just $5,000.
This is how the timeline typically looks:
- The average American retires at age 62.
- The average length of retirement is 18 years.
Valdosta Daily Times
January 21, 2020
Big banks and other major companies have tried to play off the tax law’s benefits as a boon to the American worker regardless. In the immediate aftermath of the bill becoming law, many private companies issued press releases touting bonuses for their workers. However, the total bonuses workers received in 2018, compared to the year before, was just one cent more, according to the Economic Policy Institute.
The National Memo
January 21, 2020
CityLab cites a report from the Economic Policy Institute in its article on the rankings, which states that the problem could have stemmed from racial segregation. The report also shares that black populations could have moved to the Midwest for economic opportunities and then experienced disproportionate fall-out during de-industrialization.
Cleveland.com
January 21, 2020
A 2018 Economic Policy Institute report found that about one in eight Americans lives below the poverty line.
Public News Service
January 21, 2020
The gender split of workers is not evenly divided across sectors, and it shows up in certain professions at different intervals. For example, “in recessions in general, men lose more jobs than women,” said Elise Gould, senior economist at the Economic Policy Institute, a nonpartisan think tank. That is because jobs in cyclical sectors like industrials and energy tend to employ more men than women, and are often the first to dwindle in a downturn.
WRAL Tech Wire
January 21, 2020
Según el Economic Policy Institute (EPI) el 77% de los que trabajan en construcción y fábricas son hombres mientras que el 77% de quienes están ocupados en educación y servicios de salud son mujeres. “Entre 2018 y 2019 la construcción y las manufacturas añadieron 356,000 empleos pero educación y servicios de salud sumaron 603,000”.
El Diario
January 21, 2020
But the truth is that, as President Trump knows all too well, many students remain unlawfully after their visas expire and few are “thrown out.” Many F-1 visa holders have been able to enroll in the Optional Practical Training program, which the Bush administration expanded and which continues unabated today, even though it never received congressional approval. Foreign nationals on OPT can work for 29 months; science, technology engineering and math (STEM) students may work for three years which helps employers circumvent the 85,000 H-1B cap. In terms of participants, OPT now exceeds the H-1B program. Department of Homeland Security data shows that universities provided 215,000 OPT work permits in 2018. The left-leaning Economic Policy Institute, among other think tanks, has concluded that OPT harms U.S. workers. Overall, an estimated 46 percent of all 10 million-plus visa holders remain in the U.S. after their departure date has expired. Many are illegally employed.
Casper Star Tribune
January 21, 2020
You may have heard that full-time childcare costs as much as college tuition. (Check out the Economic Policy Institute for a state-specific analysis.) What you may not know is that childcare before and after school can still cost a pretty penny.
Medium
January 21, 2020
This care crisis is not just affecting developing countries. The U.S. child care system, for example, is costing the country hundreds of billions of dollars a year in lost wages and lost opportunities, according to a report published Wednesday by the Economic Policy Institute (EPI). Child care providers in America are overwhelmed and underpaid, with a median wage of $12 an hour, according to the report’s findings. Meanwhile, parents, most often women, are being forced to give up work or turn down better-paying jobs because of the expense of child care.
Huffington Post
January 21, 2020
“That’s why labor was in the room; they had leverage,” said Robert Scott, an economist with the Economic Policy Institute. “Labor had no leverage on this (China) deal. None.”
The Washington Post
January 21, 2020