Bureau of Labor Statistics data (from 2017) show that only 1.8% of Vermont’s 177,000 hourly paid employees – or roughly 3,000 workers – earn the federal minimum wage or less. But according to the Economic Policy Institute, 16,200 Vermonters got a raise this month when the state’s minimum went up by 19 cents to $10.96. That came out to $240 per worker, or almost $4 million in higher pay for the lowest paid.
VTDigger
February 5, 2020
Though wages have been slow-growing since the Great Recession, they have picked up in recent years — especially for those at the bottom. This is partly due to a minimum wage movement playing out in recent years, according to a Washington Post analysis of Labor Department data. More than 20 states raised their minimum wages at the start of 2020, affecting nearly 7 million workers, according to the Economic Policy Institute, a left-leaning think tank.
Washington Post
February 5, 2020
The growing trade deficit with China has cost 3.7 million U.S. jobs between 2001 and 2018, including 700,000 jobs lost in the first two years of the Trump administration, according to a new Economic Policy Institute (EPI) analysis. The study comes two weeks after the president signed a “phase one” trade deal with China.
International Association of Machinists and Aerospace Workers
February 5, 2020
The “massive” trade deficit between the United States and China cost the former some 3.7 million jobs during the first two decades of the 21st century, the Economic Policy Institute said Thursday. The Washington, D.C.-based think tank said the trade deficit between the two countries is one of the reasons why manufacturing employment in the United States hasn’t improved along with the rest of the economy since the 2008 Great Recession.
UPI
February 5, 2020
The data was reported Thursday by the Economic Policy Institute (EPI) in a study of the effect that U.S.-China trade has had on U.S. jobs. According to the report, the United States has lost 3.7 million jobs directly as a result of the trade deficit in goods.
24/7 Wall Street
February 5, 2020
California workers have been especially hard hit by the U.S. trade policy with China, the labor think tank Economic Policy Institute reports. California lost 654,100 jobs between 2001 when China entered the World Trade Organization and 2018, nearly twice the number of jobs lost by the next hardest-hit state, Texas.
CalMatters
February 5, 2020
Arizona lost nearly 66,000 jobs, or 2.2% of the state’s workforce from 2001 to 2018 according to the study by the Economic Policy Institute, a pro-labor research group focused on income inequality and related issues.
Arizona Republic
February 5, 2020
“We’ve lost a generation of skilled workers who used to be employed in those plants,” Robert Scott, senior economist and director of trade and manufacturing research at the Economic Policy Institute, told reporters on a conference call on Jan. 30. “It’s been devastating for mainstream America and for communities across the country.”
The Epoch Times
February 5, 2020
Trade deficits occur when a country is importing more than it is exporting. The annual U.S. trade deficit with China has expanded by more than $150 billion since the end of 2007, according to the new research by the Economic Policy Institute, a left-leaning think-tank with ties to organized labor.
Route Fifty
February 5, 2020
Para California, la cifra de empleos “fugados” representa casi el doble de los 334,800 que se han ido en el estado de Texas, indica un reporte de Robert E. Scott y Zane Mokhiber del Economic Policy Institute (EPI) de Washington. El EPI lo integra un grupo independiente de expertos que investiga el impacto de las tendencias y políticas económicas en los trabajadores de los Estados Unidos.
Univision
February 5, 2020