According to a February 2018 analysis on the Economic Policy Institute’s website (a left-leaning U.S. think tank), only 13 percent of U.S. private-sector workers have access to any paid family leave at all.
The Athens News
January 8, 2020
In terms of income inequality, specifically measured by the divide between the top 1% of earners and the bottom 99%, Missoula ranks 33rd most unequal in the nation, higher than Bozeman, Seattle or Portland, according to the Economic Policy Institute.
Missoulian
January 8, 2020
Inequality also shrinks the market for goods and services, stunting economic growth. The Economic Policy Institute (EPI) found that economic demand is decreasing as wealth keeps going to households that save rather than those that spend. The EPI suggests that since inequality has increased, there is now an “inequality tax” on those households with less money. Through this “inequality tax” low income households are unable to purchase goods and services and the consumption of goods has lowered substantially. EPI states that if the overall wages of low-income households increase by 90%, economic growth will occur. The EPI is concerned with the effect of inequality on the market for goods and services, which affects overall economic growth.
Diplomatic Courier
January 8, 2020
An analysis by the Economic Policy Institute found that between 2000 and 2018, the top earners’ income grew over three times as fast as wages at the median.
USA Today
January 8, 2020
Lawrence Mishel is a distinguished fellow at EPI after serving as president from 2002–2017. Mishel first joined EPI in 1987 as research director. In the more than three decades he has been with EPI, Mishel has helped build it into the nation’s premier research organization focused on U.S. living standards and labor markets. Melat Kassa joined EPI in 2018 after completing her undergraduate studies. Her role as a research assistant is to assist EPI’s economists in collecting, recording, and analyzing economic data. In addition, she proofreads and edits economic reports, blog posts, and issue briefs for publication. She works on several research topics such as wages, housing, trade and manufacturing, taxes, unions, and so on.
Nation of Change
January 8, 2020
The research draws on the work of economists Ha-Joon Chang of Cambridge University and the late Alice Amsden of the Massachusetts Institute of Technology, whose work show that an active industrial policy like the Green New Deal “has as a rule been associated with economic success stories and development ‘miracles’ historically.” Using prior analysis from the Economic Policy Institute, the study projects how new federal goals would increase demand in specific sectors.
Huffington Post
January 8, 2020
When you consider the staggering cost of infant care in the U.S., it’s easy to see why. In my home state of New Jersey, for example, families spend an average of $12,988 a year hiring caretakers for their newborns, the Economic Policy Institute found. That’s just hundreds of dollars shy of in-state tuition for a four-year public college, and would eat up 62% of the annual income for a minimum-wage worker.
Columbus Parent
January 8, 2020
When you consider the staggering cost of infant care in the U.S., it’s easy to see why. In my home state of New Jersey, for example, families spend an average of $12,988 a year hiring caretakers for their newborns, the Economic Policy Institute found. That’s just hundreds of dollars shy of in-state tuition for a four-year public college, and would eat up 62% of the annual income for a minimum-wage worker.
Columbus Parent
January 8, 2020
The U.S. Department of Health and Human Services says affordable child care should cost no more than 7 percent of a family’s income. By that measure, the Economic Policy Institute says only 12.2 percent of Ohio families can afford infant care. Its stats show that a median-income Ohio family (earning $57,283) would pay nearly 17 percent of its annual income for one child in infant care.
Pittsburgh Post Gazette
January 8, 2020