Right now, the median US woman worker makes 83 cents for every dollar earned by her male counterpart. Black and Latina women workers make 65 and 59 cents for every white male dollar, according to the Economic Policy Institute (EPI). Gender pay gaps exist all over the world and in every industry. International women’s day protests have sometimes dramatized this, with women in Iceland in 2017, for example, walking off the job at 2:38 PM, the point during the year at which women begin working for free, if the pay gap is taken into account.
Jacobin
July 18, 2019
According to the Economic Policy Institute, unemployment among African Americans in Georgia is at 5.7%. Hispanic and white unemployment rates are below 3%.
GBP News
July 18, 2019
Robert E. Scott, a senior economist with the Economic Policy Institute Policy Center, recently wrote an op-ed piece in the New York Times entitled “Elizabeth Warren’s Radical Plan to Fix the Dollar.” “Ms. Warren and Donald Trump agree on at least one thing: America’s currency problems are hurting workers,” he wrote, pointing out that Warren’s plan includes “a call to tackle America’s overvalued dollar.” (See the article at https://nyti.ms/31EDIJ5 ).
Nasdaq
July 18, 2019
The Economic Policy Institute provides families with updated cost of living data for various cities and locations throughout the U.S. The institute also has a Family Budget Calculator for those considering a specific region of the country. The calculator helps families measure the differences in the cost of living for various geographic locations. Also, various expenses are factored into the calculation, such as food, housing, child care, transportation, and health care.
The Entrepreneur Fund
July 18, 2019
Meanwhile, in the US, one out of every 20 young college graduates is unemployed, a higher rate than in 2000, when it was only one in 25, an Economic Policy Institute report found. The overall employment rate for young college graduates is in decline and the share who are idled – neither employed nor enroled in further schooling – has increased between 1989 and 2019.
Study International
July 18, 2019
In an April 2019 article published by the Economic Policy Institute (EPI), a nonprofit, nonpartisan think tank created in 1986, the current crisis within the teaching profession was profiled in a report. The report was titled: ‘U.S. schools struggle to hire and retain teachers.’ It was a second in a series report examining the magnitude of teacher shortage and the working conditions and other factors that contribute to the shortage. The report described the challenges schools face in staffing themselves, both as a consequence of the teacher shortage and further contributing to it. Furthermore, the report indicated that a high share of public school teachers are leaving their posts: 13.8 percent are either leaving their school or leaving teaching altogether. EPI report also states that schools are having a harder time filling the vacancies. A shortage of teachers is detrimental to students, teachers’ and the public education system.
Education News Today
July 18, 2019
The state of Florida ranks number 46 in the U.S. when it comes to funding education. A recent report from the Economic Policy Institute says that’s one reason college kids aren’t majoring in the field.
A “challenging school environment” and lack of development and training are also play a role.
ABC Action News
July 18, 2019
“As a group, low-wage workers would be just unambiguously better off,” said Heidi Shierholz, policy director at the Economic Policy Institute, a liberal think tank that has long pushed for minimum wage increases. “The bottom line is the benefits exceed the costs.”
Ms. Shierholz and other liberal economists also questioned the budget office’s methodology, saying it overlooked recent academic research that has found substantially less job loss from minimum-wage increases than many economists previously expected.
The New York Times
July 18, 2019
In the 10 most populous states, workers lose $8 billion a year from minimum wage violations, according to a 2017 report from the Economic Policy Institute, a nonprofit, nonpartisan think tank.
Workers recovered $2 billion in stolen wages in 2015 and 2016 through the efforts of the U.S. Department of Labor, state departments of labor and attorneys general in 39 states and class action settlements, according to a separate Economic Policy Institute study.
NBC News
July 18, 2019
And, unscrupulous businesses stole an estimated $429 million in wages and overtime pay from Michigan workers between 2013 and 2015, impacting more than 2.8 million workers, according to an analysis by the Economic Policy Institute. The construction industry, in particular, has been a hotbed for such fraud for decades.
Michigan Building and Construction Trades Council
July 18, 2019