Meanwhile, legislation that would boost the federal minimum wage for the first time in a decade languishes in the U.S. Senate. The Raise the Wage Act of 2019, passed by the House in July, would set the federal minimum wage at $15 by 2025. As many as 33 million Americans — nearly two-fifths of African Americans and one-third of Latinos — could see a raise, according to the Economic Policy Institute. 33
The Philadelphia Sun
September 19, 2019
But wage gaps do not measure total compensation. Non-wage compensation like health and retirement benefits have considerable value. Weber acknowledges that “teachers tend to have more generous benefit packages” than non-teachers, and the Economic Policy Institute (EPI) researchers he cites all quantify these benefits and take them into account to determine a “compensation gap.” Compensation gaps are the more accurate measure.
Insider NJ
September 19, 2019
According to adjusted figures from the Economic Policy Institute think tank, Connecticut teachers spent $397 of their own money without reimbursement in 2011-12 when adjusted for inflation.
New Haven Register
September 19, 2019
In the U.S., for instance, unemployment is historically low, but wage growth for the average worker pales against upper-management’s gains. The Economic Policy Institute, a Washington, D.C.-based think tank with ties to the labor movement, reports that while productivity growth has soared — meaning workers are making a solid contribution to company profits — wage growth for the rank-and-file has been essentially flat over the past 40 years.
MarketWatch
September 19, 2019
Misclassification has resulted in a substantial loss of revenue. The Economic Policy Institute estimates that $429 million in wages and overtime pay from Michigan workers between 2013 and 2015 was not paid, which impacts more than 2.8 million workers. In addition, a Michigan State University study found that payroll fraud costs Michigan taxpayers $107 million per year in lost tax revenue when businesses misclassify workers as self-employed independent contractors or paying them off the books.
MiBiz: West Michigan Business News
September 19, 2019
The toymaker could have opted for a more meaningful way to tackle the wage gap, said Elise Gould, a senior economist at the left-leaning Economic Policy Institute.
“Hasbro can look at the opportunities they provide for women in the company, versus men,” Gould said. “Who’s in leadership? Who’s getting promotions? They can take a hard look at their own personnel issues and use that as an example for the real world as opposed to the game world.”
CNBC
September 19, 2019
But Beale, a member of the Council’s Black Caucus, contends it’s the ride-share companies that are abusing low-income residents. And one study by the Economic Policy Institute found Uber drivers make less than minimum wage. That’s why thousands of Chicago ride-share drivers turned off their apps this summer as part of a global protest on wages.
WBEZ 91.5 Chicago
September 18, 2019
A 2014 report from the Economic Policy Institute estimated that 851,000 jobs were lost because of the trade deficit with Canada and Mexico. The same group found that the trade deficit in goods with China cost 3.4 million jobs from 2001 to 2017.
The New York Times
September 18, 2019
Robert E. Scott of the pro-labor Economic Policy Institute found that about 851,700 U.S. jobs were displaced by the U.S. trade deficit with Mexico between 1993 (shortly before NAFTA was implemented) and 2014. That’s a data point that was cited by Sanders during his 2016 campaign, when he frequently decried job losses due to NAFTA. (Other studies, however, have found the job losses to be far less.)
The nonpartisan Congressional Research Service wrote in 2018, citing a 2014 study by the Economic Policy Institute, that “growth in the U.S. goods trade deficit with China between 2001 and 2013 eliminated or displaced 3.2 million U.S. jobs (three-fourths of which were in manufacturing).”
NBC News
September 18, 2019