According to the Economic Policy Institute, 5.3 million workers will have their pay rates increase this year as a result of the numerous minimum wage hikes that went into effect Jan. 1. The institute projects the rate increases will result in an extra $5.4 billion worth of pay, on average $90 to $1,300 per year-round employee, depending on the state.
Caledonian Record
October 7, 2019
“There’s a chance the recent low of 2.9% is a blip, but it’s certainly a troubling sign and something to watch in coming months especially after the deceleration experienced in the first half of 2019,” wrote Elise Gould, senior economist at the left-leaning Economic Policy Institute, in a Friday analysis.
“The report suggests the Federal Reserve is doing the right thing by gradually lowering interest rates to ensure the longest recovery in modern economic history can be sustained—rather than peter out just as many lower- and middle-income households are starting to feel its benefits.”
The Hill
October 7, 2019
The country’s failure to adequately fund anti-poverty initiatives is — no surprise — pushing more children into poverty. A 2014 report from the Economic Policy Institute finds a direct link between poverty rates and investment in such programs; the United States, which spends the third-lowest share of GDP on social programs, has the second-highest child poverty rate among developed countries.
Central Maine
October 7, 2019
Last year, U.S. median household income rose .9%, to $63,179 and is up .4% since 2007, according to the recent Economic Policy Institute’s 2018 Income and Poverty report.
Herald Tribune
October 7, 2019
Workers in the Boston area began their strike on Aug. 29 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 in Massachusetts for a family with one adult and one child, according to the Economic Policy Institute’s Family Budget Calculator as reported in the Teamsters 25 news release.
Renton Reporter
October 7, 2019
This situation creates a crisis, one that’s already upon us but can get a lot worse. “The shortage constitutes a crisis because of its negative effects on students, teachers, and the education system at large,” write researchers at the Economic Policy Institute. But we can trace the impact of the crisis even further. Of course there are parents who want the best for their kids and don’t have the money to pay for private school, too. And then there’s the glaring fact that no institution in our society is made better off by the deterioration of the public education system. Where will people receive the training to participate as full members of society? If it metastasizes, this problem is eventually going to affect everybody, not just teachers themselves.
Jacobin
October 7, 2019
On average, K-12 public school teachers spend about $459 per year on school supplies, according to a recent analysis by the Economic Policy Institute, a left-leaning think tank in Washington, D.C., that analyzes U.S. working conditions. Washington teachers shell out slightly more at $464, the report said.
Seattle Times
October 7, 2019
The Economic Policy Institute has also weighed in, stating earlier this year, “The teacher shortage is real, large and growing, and worse than we thought.”
Michigan Capitol Confidential
October 7, 2019
The Economic Policy Institute has also weighed in, stating earlier this year, “The teacher shortage is real, large and growing
WBCK 95.3
October 7, 2019