U.S. school systems have advertised more than 100,000 teaching positions over the past four years, notes Elaine Weiss of the Economic Policy Institute. She said that many school budgets had been slow to recover from the last recession. And, a stronger economy today means people who may have worked as teachers are choosing better paying jobs.
This has made the teacher shortage worse, Weiss said, and “put more pressure on states.”
VOA
September 5, 2019
A study by the Economic Policy Institute indicates that teachers in Michigan spend an average of $628 (adjusted for inflation) a year on classroom supplies. According to the data, this puts Michigan at the second-highest rate in the country behind California at $664.
WKZO
September 5, 2019
While housing prices have continued to rise across much of the U.S., teachers now earn 11.1 percent less than comparable professionals, the Economic Policy Institute found in a 2018 study. That represents a record pay gap between educators, whose wages have stagnated, and other college-educated workers.
CBS News
September 5, 2019
Of all the fares Jalopnik examined, Uber kept 35 percent of the revenue, while Lyft kept 38 percent. These numbers are roughly in line with a previous study by Lawrence Mishel at the Economic Policy Institute which concluded Uber’s take rate to be roughly one-third, or 33 percent.
Jalopnik
September 3, 2019
Economic Policy Institute (EPI) analyzed historical compensation data for CEOs and other employees since 1978. EPI found a shocking statistic, showing CEO pay was up an amazing 940% while pay for the common worker was almost flat, with just a 12% increase.
Tennessean
September 3, 2019
For Uber, the 35% take rate that Jalopnik found was more than 84% higher than the number the company gave in an earnings call earlier this month. The 35% figure is close to the finding of a study last year by the Economic Policy Institute, which said Uber skimmed about 33% off of its drivers’ fares.
Markets Insider
September 3, 2019
“I think Trump and the Chinese are settling in for a protracted struggle,” said Robert Scott, senior economist at the Economic Policy Institute. “I think China has decided it’s going to try and weather the Trump threat.”
ABC 6
September 3, 2019
There are a whole host of other variables to consider including determining at what age you want to retire, factoring in the market value of your investments, calculating the effect of inflation, etc. But the key is to start building your nest egg now. Don’t be among the nearly 50 percent of American families who, according to the Economic Policy Institute in 2018, had no retirement account savings.
New Pittsburgh Courier
September 3, 2019
All told the new laws will create an additional $5 billion in annual wages for 4.5 million workers nationwide, according to the Economic Policy Institute, a nonprofit Washington, D.C think tank.
MarketWatch
September 3, 2019