Media clips
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Minnesota is one of 33 states plus the District of Columbia where infant care is more expensive than annual tuition at a four-year public college ($11,226) and average rent ($11,137), according to the Economic Policy Institute.
StarTribune February 28, 2020 -
America’s substantial trade deficit with China is a “significant reason why manufacturing employment has not fully recovered along with the rest of the economy,” the Economic Policy Institute said in the report. Trade deficits also help to explain stagnant wages in manufacturing and among workers lacking a college degree.
AZ Central February 28, 2020 -
But there is something else they can directly influence: top-level pay. From 1978 to 2018, the inflation-adjusted compensation of American CEOs grew 1,000% and that of very high earners 339% whereas wages for the typical worker were up just 12%, according to the Economic Policy Institute. Research shows that executives, managers, supervisors and financial professionals account for 70% of the income gains of the top 0.1% between 1979 and 2005.
The Wall Street Journal February 28, 2020 -
National Taxpayers Union’s Pete Sepp and Economic Policy Institute’s Josh Bivens talked about the 2019 tax filing season and impact of the 2017 tax law.
C-SPAN February 28, 2020 -
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February 28, 2020 -
It is true that unemployment is the lowest for half a century and that wages have been picking up steam across the board, the report says — but it also notes that “the biggest rewards from a strong economy are still skewed toward white people, men and high earners.” The report relies on details from an annual study by the Economic Policy Institute.
Progressive Farmer February 28, 2020 -
Unemployment is the lowest for half a century, and wages have been picking up steam across the board –- but the biggest rewards from a strong economy are still skewed toward white people, men and high earners, according to an annual study by the Economic Policy Institute.
Bloomberg February 28, 2020 -
Americans who already enjoyed high incomes saw the most growth in their wages in 2019, according to a new report released Thursday, while wage growth for low hourly workers was sluggish—a continuation of what the Economic Policy Institute calls an “alarming trend” that has emerged over the last four decades.
In its report, “State of Working America Wages 2019,” EPI revealed that median hourly wages grew by just 1% over the past year, with racial and gender wage gaps persisting, while earners in the 95th percentile saw their incomes grow last year by 4.5%.
Common Dreams February 28, 2020 -
These findings come as median hourly wages in 2019 increased by just 1%, according to a report released Thursday by the Economic Policy Institute, a left-of-center think tank. The median wage last year was $19.33 per hour, which translates to about $40,000 per year for a full-time, full-year worker, according to the institute.
“Wage growth for low- and middle-wage workers continues to be slower than would be expected in an economy with relatively low unemployment,” said EPI senior economist Elise Gould in prepared remarks for her report. “Given this sluggish wage growth, policymakers should not presume that the economy has already achieved full employment
Washington Examiner February 28, 2020 -
REPORT FINDS WAGE GROWTH REMAINS ‘SLOW, UNEVEN AND UNEQUAL’: A report by the left-leaning Economic Policy Institute found that while wages have grown slightly over the last 40 years, since 2007, the top 10 percent of earners have seen the greatest growth in wages. The report also found that since 2000, white and Hispanic workers have seen more rapid wage growth than black workers. Researchers also found that the median pay gap between men and women has shrunk over the last year, with an average woman earning 85 cents to an average man’s dollar.
Politico February 28, 2020