Similarly a study done by the Economic Policy Institute, a nonprofit, nonpartisan think tank that conducts research and analysis on the economic status of working Americans, examined drivers true earned wages have found that the company takes a third. The EPI study also found that after deducting Uber’s fees and drivers’ expenses, a driver averages $11.77 an hour, which is lower than the minimum wage for California.
Oakland North
September 25, 2019
Unfortunately, most Americans aren’t coming close to these numbers. A 2016 report by the Economic Policy Institute (EPI) found that Americans in their early to mid-30s have only $31,644 saved up on average. People nearing retirement in their late 50s and early 60s typically have only $163,577. So if you’re meeting the milestones set by Fidelity, that’s a good sign that you’re financially literate.
Money Crashers
September 25, 2019
Though household net worth increased, and the economy has continued to grow over the past decade, it’s clear that not all Americans are equally making those gains. According to the Economic Policy Institute (EPI), wage growth hasn’t bounced back to pre-recession levels, and remains fairly flat. In August, wages grew by 3.2% over the year — below targets of 3.5%-4%. And most of the gains made in the last decade of economic recovery went to the wealthy.
On a national level, the top 1% captured 85% of post-recession income growth from 2009 to 2013, according to an Economic Policy Institute study on income inequality. In some states, they recovered 100% of those gains.
Yahoo Finance
September 25, 2019
Throughout the country, medium-skilled workers have been experiencing stagnation of real wages for a generation while low-skilled workers experienced actual declines. Massachusetts and its politicians pride themselves on their progressivism. Yet, data from the Economic Policy Institute (EPI), a left-of-center think tank, show that in the last 10 years, Massachusetts has had the largest increase in the number of illegal aliens – and not coincidentally the sharpest decline in wages for unskilled workers – in the nation.
The Somerville Times
September 25, 2019
According to a 2014 report published by the Economic Policy Institute, up to two-thirds of hourly workers in Los Angeles, Chicago and New York have experienced wage theft in their lifetime. This includes not only refusal to pay for work performed, but also not paying overtime.
FOX 6 Now
September 25, 2019
In five years, almost 83% country’s private, non-unionized workers, will be subject to mandatory arbitration, according to the left-leaning Economic Policy Institute. That will be a rise from the 56% in 2017, it said.
MarketWatch
September 25, 2019
Biggs and Richwine are especially effective in dissecting the annual reports on the “teacher pay gap” published by the union-backed Economic Policy Institute. They demonstrate that when EPI’s methodology is applied to other professions, it shows “pay gaps” for about 40 percent of all occupations. EPI’s methods suggest telemarketers are woefully underpaid.
The 74
September 25, 2019
Criminal justice reform is education policy. A 2016 report by the Economic Policy Institute outlines how children of incarcerated parents are — apart from developing health problems — more likely to drop out of school, develop learning disabilities and misbehave in school.
The Star
September 25, 2019
“While the administration may be trumpeting this rule as a good thing for workers, that is a ruse,” said Heidi Shierholz, director of policy at the Economic Policy Institute (EPI). “In reality, the rule leaves behind millions of workers who would have received overtime protections under the much stronger rule, published in 2016, that Trump administration abandoned.”
Common Dreams
September 25, 2019
Obama’s rule would have made 5 million more workers eligible, but it also falls short of expert figures. Using the 1975 overtime salary limit of $8,060 as a baseline, the Economic Policy Institute says workers should be eligible for overtime if they make under $50,440 today.
Courthouse News Service
September 25, 2019