Marcus’ remarks come as US lawmakers and nonprofits press the company to answer questions about the project, including why they should trust Facebook’s vow that it will not use data from its digital wallet. On Tuesday, the Economic Policy Institute, US PIRG and other nonprofits, as well as five Democratic lawmakers, sent the company two separate letters asking Facebook to pause its plans to develop a new cryptocurrency.
CNET
July 5, 2019
A $15-an-hour minimum wage would represent an earnings boost for some 40 million workers. It would mean a pay raise of nearly 40 percent of black workers and 33 percent for Hispanics, according to the Economic Policy Institute.
AFSCME Now
July 5, 2019
“There is still room for employment-population ratios to grow: These are largely untapped segments of the labor force,” said Valerie Wilson, director of the Economic Policy Institute’s program on race, ethnicity and the economy to The Times. “Since there are more Black and Brown people in the population, in the labor force, it’s reasonable to think that these are the groups in which you’ll see the growth.”
Center for American Progress
July 5, 2019
- Five-year and 10-year average labor force participation rate, sourced from the Economic Policy Institute
The Colorado Springs Business Journal
July 5, 2019
Sadly, the labor and racial inequities persist today. As recently as 2018, the Economic Policy Institute reported that black unemployment was at least twice as high as white unemployment at the national level. The same report found that in 14 states and in the District of Columbia, African American unemployment rates exceeded white unemployment rates by a ratio of 2-to-1 or higher.
Afro
July 5, 2019
“The more people are struggling to make ends meet themselves, the more they may notice inequality,” said Elise Gould, an economist at the liberal Economic Policy Institute.
Reading Eagle
July 5, 2019
The Economic Policy Institute created a Family Budget Calculator that measures the income a family requires to attain an adequate standard of living. In Boston, for example, the income required for two adults and two children is $111,724. This is not an anecdotal padded estimate. The costs of an adequate standard of living are rising to ridiculous levels.
MR Online
July 5, 2019
However, tactics to push serial arbitration, as well as public scrutiny sparked by the #MeToo movement opposing arbitration, have led employers to question whether to reflexively push for such agreements. This is despite U.S. Supreme Court rulings in recent years that bolstered the Federal Arbitration Act, the law that governs the agreements. More than half of nonunion private-sector employers have mandatory arbitration procedures, according to a 2018 report from the Economic Policy Institute.
Bloomberg Law
July 5, 2019
According to the Economic Policy Institute, if expenses for childcare were capped at 10 percent of a family’s annual income, families around the state would save more than $5,000 per year.
The Bedford Citizen
July 5, 2019
Among the 33 groups that signed the letter are Public Citizen, the Electronic Privacy Information Center, the Economic Policy Institute and the Center for Digital Democracy.
The Hill
July 3, 2019