In 2018, the median household in Kentucky had $50,247 in income, a statistically insignificant increase from 2017 once inflation is taken into account. It’s not enough to live on: According to the Economic Policy Institute, a family of 4 in Bowling Green, for instance, needs about $77,000 in annual income to ensure a “modest yet adequate standard of living” based on housing, food, childcare, transportation and other costs.
Bereaonline.com
September 27, 2019
Of companies earning at least $1 billion in revenue, Barra was the 60th highest-paid chief executive. CEO compensation has risen 940% from 1978 to 2018, while worker pay was up 12%, according to data from the Economic Policy Institute, a Washington D.C.-based think tank.
The Detroit News
September 27, 2019
The Boston-area workers voted to be represented by Teamsters Local 25 last year. They have been on strike since late August, after Republic refused to agree to a contract with a livable wage and affordable health care. On average, the striking sanitation workers are paid 40 percent below what it takes to make a living wage for a family with one adult and one child, according to the Economic Policy Institute’s Family Budget Calculator.
Cision
September 27, 2019
There are 28 states and Washington, D.C. that mandate a minimum higher than the federal wage as of July 12 (Economic Policy Institute). When the state minimum wage is higher, employers are required to pay workers the higher amount.
Hartford Courant
September 27, 2019
The faster growth at the bottom is probably being fueled in part by recent minimum-wage increases in cities and states across the country. Research from the Economic Policy Institute found that over the past five years, wages for low-wage workers rose 13 percent in states that raised their minimum wages, compared with 8.4 percent in states that did not.
(New York Times)
SHRM
September 27, 2019
That was one of the data points in a new analysis from 24/7 Wall St., which examined the county in each state that is the most expensive to live in. The Economic Policy Institute’s Family Budget Calculator was used to determine the local cost of living, which includes housing, food, health care, transportation and other necessities.
The Center Square
September 27, 2019
A forthcoming report by the Economic Policy Institute shows that Florida employs more than 100,000 domestic workers, which is the fourth highest share in the country.
Florida Phoenix
September 27, 2019
But what gets much less attention are the insidious ways in which mandatory arbitration affects women and people of color in lower-wage jobs. A study by the Economic Policy Institute found that private arbitration agreements are used most widely in education, health, and retail – sectors that disproportionately hire women and people of color.
Forbes
September 27, 2019
The use of forced arbitration has grown; the Economic Policy Institute estimated in 2017 that more than 60 million American workers had signed such agreements.
Automotive News
September 27, 2019
An Economic Policy Institute analysis of National Center for Education Statistics data finds Oregon teachers spent $463 of their own money on supplies for the 2011 school year, compared with the national average of $459.
That might seem like a post-Recession spike, but by the 2015 school year the national average was actually up to $480. State averages weren’t available for that year.
Economic Policy Institute economist Emma Garcia said this is a unique burden.
“If you think of any other profession, how normal is it that you have to go to work with your own materials?” she said. “And in this case, it’s not just for them, it’s for children.”
Baker City Herald
September 27, 2019