According to the Economic Policy Institute, wage growth at the 10th (bottom) percentile was 50% faster in states that raised the minimum wage between 2013 and 2018 than in those that did not – and the gains were even stronger among female workers.
Project Syndicate
July 31, 2019
While the economy has been performing well, as Kudlow asserted, wage growth has remained relatively low. According to a report from the Economic Policy Institute (EPI) updated in June, nominal wage growth in the private sector has remained at just 3.1 percent, despite historically low unemployment and significant tax cuts to corporations and businesses under the Trump administration. The EPI report says that workers will need to see average year-over-year wage growth of 3.5 to 4 percent before they actually start feeling the benefits of the economic recovery.
Newsweek
July 31, 2019
The average cost of infant care in Minnesota is more than $16,000 per year, according to the Economic Policy Institute, which is over $1,300 a month. The average cost of infant care in Iowa is around $10,000 a year.
KIMT
July 31, 2019
Financial Exchange Radio Show
Financial Exchange Radio Show
July 31, 2019
A study from the Economic Policy Institute, a nonprofit research group, found that Minnesota is the fourth most expensive state when it comes to infant care.
They found it costs families an average of $1,341 a month per child for infant care which is 30 percent more than the average rent in the state.
FOX-9 Minneapolis
July 31, 2019
Minnesota is one of the most expensive states in the U.S. to pay for childcare, with the average annual cost of infant care standing at $16,087.
That’s according to research by the Economic Policy Institute, which says the average weekly cost of infant childcare in the state is $1,341.
Bring Me The News
July 31, 2019
Parents know childcare is expensive, and there are new numbers that really drive that point home.
The “Economic Policy Institute” found the average annual cost of infant care in Connecticut is $15,500.
That breaks down to $1,292 per month.
Connecticut is ranked as the fifth most expensive state for childcare.
WFSB
July 31, 2019
Parents say childcare in California is expensive, and now there is a new study by the Economic Policy Institute that indicates they are right.
The report’s authors make several claims about childcare cost in California:
- The average annual cost of infant care in California is $16,945 or $1,412 per month.
- Child care for a 4-year-old costs $11,475, or $956 each month.
- California is ranked 3rd out of 50 states and the District of Columbia for most expensive infant care.
- Infant care for one child would take up 24.9% of a median family’s income in California.
KFBK
July 31, 2019
A new report out this morning from the Economic Policy Institute reveals a “desperately” needed “major overhaul” to California’s early care and education system.
State and federal funding, the institute’s researchers wrote, fall short of providing California kids and their families with a quality and affordable childcare option.
Sacramento Bee
July 31, 2019
CNN Business
July 31, 2019