An article from Market Watch reported last spring, “Child care costs in America have soared to nearly $10K per year … roughly double the price of a year’s tuition to an in-state public university.” This was based on data from the liberal Economic Policy Institute, which also shows that Washington DC has the highest average cost for infant care at $24,243 per year and Mississippi has the lowest at $5,436.
AEI
October 30, 2019
Massachusetts is the second-most expensive state for childcare in the country, with the average yearly cost at $20,913, according to the Economic Policy Institute. The report said families are forced to “make difficult choices or put together unstable child care arrangements that make it difficult to fulfill work or family obligations.”
NECN
October 30, 2019
After so many years of National Labor Relations Decisions coming down on the side of organized labor, the tide has now turned according to a liberal Washington DC think tank. The left-leaning Economic Policy Institute released an analysis of NLRB decisions this week that they claim shows a bias in favor of business interests by the republican-dominated agency under the Trump administration. EPI specifically points to the Hy-Brand decision in 2017, the Board’s ruling in Johnson Controls and its January reversal in SuperShuttle DFW as the evidence of pro-business bias. Hy-Brand overturned the egregious Browning-Ferris decision of 2015 greatly expanding the definition of joint employer, while Johnson Controls allows for businesses to drop unions that no longer have majority employee support. SuperShuttle DFW, Inc. reversed an Obama-era decision that made it harder for employers to classify workers as independent contractors. The moral of this story is that “Elections do have consequences!”
Dunkin’ Donuts Indepdent Franchise Owners
October 30, 2019
Economic Policy Institute’s (EPI) new project, “The State of Working America Podcast,” debuted Tuesday (October 15) with an episode about the racial wealth gap. Jumping feet first into the tough conversation about race and wealth in America, host Pedro da Costa and guest Valerie Wilson, economist and director of the EPI’s Program on Race, Ethnicity, and the Economy, tackled the undeniable role that structural racism plays in America’s economy.
ColorLines
October 30, 2019
(CNN) America is facing a looming crisis as generations of workers who mostly participated in do-it-yourself savings plans — or no plan at all — approach retirement.
CNN
October 30, 2019
Inflation-adjusted figures from the Economic Policy Institute, for example, show clear wage stagnation for the bottom 60 percent of the income scale. The rate did go up for the 70 and 80 percent levels, which means the 90 percent figure would be a bit exaggerated.
Politifact
October 30, 2019
When corporations write the rules, you can generally bet that executives will get bonuses, shareholders will get dividends and workers will get screwed. According to the Economic Policy Institute, the CEO-to-worker pay ratio has gone from 20-to-1 in 1965 to 278-to-1 in 2018.
CNN
October 30, 2019
Workers of color — specifically, black workers, Hispanic workers, and Asian-American workers — are more likely to get paid poverty-level wages than white workers, according to a 2018 analysis by the liberal-leaning think tank Economic Policy Institute.
Business Insider
October 30, 2019
A 2018 study by the Economic Policy Institute cited by the Times concluded that Uber drivers nationwide make $11.77 an hour after deducting vehicle expenses and Uber fees. That wage decreases to $9.21 after payroll taxes and benefits.
WCSI
October 30, 2019
The move comes as a think tank, the Economic Policy Institute, determined that the average hourly wage of Uber drivers is $9.21. A UCLA Labor Center study also found that a fifth of drivers in Los Angeles receive public assistance and 44% struggle with gas, insurance and maintenance expenses.
Daily Breeze
October 30, 2019