The left-leaning Economic Policy Institute on Monday said a U.S. Department of Labor proposal that would allow restaurants and other employers to pay workers the lower tipped minimum wage for tasks that do not generate tips will cost workers an estimated $700 million.
Quartz India
December 3, 2019
With teacher shortages next year predicted to reach into the hundreds of thousands by organizations like the Learning Policy Institute and the Economic Policy Institute, we need to work quickly to determine what we expect from teachers. The alternative is to see more reports of lackluster student progress, exhausted teachers exiting the profession and behavioral outbursts that disrupt schools and classrooms.
The Baltimore Sun
December 3, 2019
The left-leaning Economic Policy Institute on Monday said a U.S. Department of Labor proposal that would allow restaurants and other employers to pay workers the lower tipped minimum wage for tasks that do not generate tips will cost workers an estimated $700 million.
Reuters
December 3, 2019
TIP RULE COULD COST WORKERS MILLIONS: The Labor Department said it was unable to calculate how much its latest tip-pooling proposal would cost, but the left-leaning Economic Policy Institute calculates it would cost workers $705 million per year. The proposed rule, released in October, would rescind the Obama administration’s 80/20 policy, which required tipped employees (who receive a reduced hourly minimum of $2.13) to spend at least 80 percent of their time performing tipped-wage duties such as waiting tables, rather than “back of the house” duties like folding napkins or washing dishes. Under the proposed rule, employees paid at the tipped rate will be able to perform non-tipped work so long as it’s completed during or “for a reasonable time immediately before or after” tip-earning work.
“With no meaningful limit on the amount of time tipped workers may perform non-tipped work, employers could capture more of workers’ tips,” EPI economists Heidi Shierholz and David Cooper concluded. For example: “Employers could pay servers less than the minimum wage for hours of dishwashing, so long as they perform some tipped work right before or after washing dishes.”
Politico
December 3, 2019
Moreover, tipping is inherently racist and sexist, with women often making more in tips than men, and people of color seeing less in tips than whites. Tipped workers are also twice as likely to live in poverty according to a study by the Economic Policy Institute.
Indiana Daily Student
December 2, 2019
For example, the Economic Policy Institute reports that, from 1979 to 2018, net productivity in the US rose 70 per cent, but real hourly wages increased by only 12 per cent.
Channel News Asia
December 2, 2019
However, growth in this gap eased the following decade and especially since 2000, according to Economic Policy Institute think tank. While there is little question that the long-run effects of technological change are in this upward direction and will thereby make it harder for uneducated workers to command high wages, there is also a growing awareness that increased education alone will not solve the wage stagnation problem.
The Conversation
December 2, 2019
According to a recent report from the Economic Policy Institute, an independent, nonprofit think tank that researches the impact of economic trends and policies on working people in the United States, roughly 10.6 million of the 16.3 million workers covered by a union contract are women and/or people of color:
The Atlanta Voice
December 2, 2019
Right to work is an affront to all working people, but especially to workers of color, who have historically formed strong unions to earn fair wages and dignity on the job. As the Economic Policy Institute points out, “Unions help raise the wages of women and black and Hispanic workers – whose wages have historically lagged behind those of white men…Black and Hispanic workers get a larger boost from unionization than their white counterparts.”
Blue Virginia
December 2, 2019
Similar findings come from the Economic Policy Institute: It estimates that those age 32 to 37 have saved around $31,644, but then that figure rises substantially to around $67,720 for those age 38 to 43. For those age 44 to 48, their average retirement savings are $81,349. Finally, those age 50 to 55 have saved an average of $124,831. While these may all seem like healthy amounts, all of these savings are well below even the most conservative goals.
The Entrepreneur Fund
December 2, 2019