Bloomberg
October 10, 2019
Corporate tax breaks and tax cuts come at the expense of the public, becoming a race to the bottom, which is familiar in Mississippi. They provide a short-sighted approach to economic sustainability. Research by Noah Berger and Peter Fisher of the Economic Policy Institute showed that expanding access to high-quality education is the best way a state government can bolster its long-term prosperity. Healthy public schools attract businesses and produce well-prepared workers who eventually contribute to state revenues through taxes, allowing the state to keep investing in education. That creates a cycle of success.
Jackson Free Press
October 10, 2019
In practice, the earnings gap also means that the 1% for female earners starts at a much lower level. In 2017, according to data analysis website DQYDJ, the 1% threshold for male earners was slightly more than $370,000; for female earners, it was only $234,910. Likewise, according to the Economic Policy Institute (EPI), a man at the 95th percentile earned $79.98 per hour, in comparison to only $53.07 per hour for a woman at the 95th percentile.
And things are only getting worse. EPI calculates that in 2000, women at the 95th percentile earned 74.7% of every man’s dollar; in 2018, that figure dropped to 66.4%. (Among lower-earning workers, the gap actually narrowed.)
Medium
October 9, 2019
Heidi Shierholz from the Economic Policy Institute will also be on the show to discuss her research on working people trying to bargain for better wages in 2019.
International Association of Machinists and Aerospace Workers
October 9, 2019
Last year, the Economic Policy Institute found that the average employee equivalent wage for Uber drivers — after expenses, fees and taxes — was $9.21 per hour. According to Wesson’s office, a study by the University of California Los Angeles Labor Center found that nearly one in five rideshare drivers in Los Angeles received some form of public assistance and 44% struggled to pay for work expenses.
CBS Los Angeles
October 9, 2019
Colorado’s minimum wage is significantly higher than the federally required $7.25, but minimum wage still hasn’t kept up with inflation and rising cost-of-living, added council member Ross Cunniff. If the federal minimum wage had kept up with inflation and the growth of economic productivity (how much workers produce per hour) since its 1938 inception, it would be over $20 as of 2019, according to Economic Policy Institute analysis.
Coloradoan
October 9, 2019
The medical industry makes up 20 percent of the regional economic base in terms of employment, Norr said. In addition, she cited a January 2019 Economic Policy Institute finding that showed how health care has an employment multiplier of 2.0, meaning that for every job in health care, another full-time equivalent job is created outside of health care because of business and household spending.
Business North
October 9, 2019
In fact, we are part of an alarming trend of Latinx communities struggling to access high-quality, affordable childcare. Right now, 42% of Latinx kids live in childcare deserts – areas with overfull or no childcare centers available. And with childcare costs rivaling college tuition, per the Economic Policy Institute, it’s no surprise that even those of us who can find childcare discover the cost is prohibitive. According to a recent study by Diversity Data, Latinx families spend a higher percentage of their income on full-time center-based care than any other group – almost double the recommended cost. This harms our children and our economic security.
Romper
October 9, 2019
Dobnak was undrafted out of Alderson-Broaddus College in 2017. He was signed as a free agent by the Twins and assigned to their rookie league team in Elizabethton. He was promoted to Cedar Rapids before the season ended. He spent all of 2018 in Cedar Rapids, making $1,100 per month, before leaving for the relative cash bonanza that is Uber’s $12 per hour average take-home pay, according to the Economic Policy Institute.
Baseball Prospectus
October 8, 2019
Critics say it’s not enough. The Economic Policy Institute says 401(k)s are a “poor substitute” for defined-benefit pensions, in part because many people simply aren’t saving enough and small businesses are less likely than large companies to offer them.
USA Today
October 8, 2019