The news that 60 of the world’s largest corporations had paid zero in federal income taxes last year (some even got rebates) sent America’s challenged outrage meter up another notch.
MarketWatch
May 16, 2019
“Wages are rising,” Harsanyi states, but according to the Economic Policy Institute: “From 2000 to 2018, wage growth was strongest for the highest wage workers, continuing the trend in rising wage inequality over the last four decades.”
The Star Democrat
May 16, 2019
The funny thing about the work-sponsored 401(k), is it was never intended to replace pension plans. But, over time it did, according to nonprofit, nonpartisan think-tank the Economic Policy Institute [8]. That’s not the only difference now compared to when my grandparents’ generation ruled the workforce.
Debt.com
May 16, 2019
The left-leaning Economic Policy Institute calls the PRO Act “an important effort to bring U.S. labor law into the 21st century — giving working people more power at a time when it is desperately needed.”
McKnight’s Senior Living
May 16, 2019
Despite growing levels of educational attainment, there is still significant dispersion between the groups of people who do and do not have college degrees, new research from the Economic Policy Institute finds.
- The survey of 21-to-24-year-olds includes many who are still of college age, but researchers note that the vast majority of people who do not finish college during this time do not wind up completing a 4-year college degree.
Axios
May 16, 2019
According to a new report released by the left-leaning Economic Policy Institute, while newly minted graduates are entering one of the best job markets in recent times, wages aren’t being spread equally.
Fox Business
May 16, 2019
When the $8 trillion housing bubble burst in 2008, it spurred the loss of 8.4 million U.S. jobs that equaled about 6.1 percent of all payroll employment, according to the Economic Policy Institute. As the stock market tanked, millions of homeowners experienced foreclosure, and home prices sank 33 percent nationwide by 2011.
Think Realty
May 16, 2019
An Economic Policy Institute report from 2018 found that after taking into account vehicle expenses and depreciation, Social Security and Medicare taxes paid after the fact, the average Uber driver wage was $10.87 per hour. Basic statistics knowledge suggests that many drivers would make below their local minimum wage, which varies nationally from $7.25 per hour to $15 per hour in some cities in California.
Salon
May 15, 2019
As Larry Mishel, distinguished fellow at the Economic Policy Institute in Washington, put it: “There are huge contradictions at the heart of their business model.” Last year, Mishel researched Uber drivers and concluded that their W-2 equivalent hourly wage is less than the take-home pay of 90% of U.S. workers.
Investor Place
May 15, 2019
Eliminating forced arbitration and other legal tools, such as non-disclosure and non-disparagement agreements, would improve conditions for women industry-wide—as developers and as users. Unionization of the industry appears to be the best way to make this happen. According to the Economic Policy Institute, nearly 54 percent of non-union private-sector employees are forced into mandatory arbitration procedures. And research from the Center for Economic and Policy Research shows that unionization raises wages for women by nearly $2.00 per hour, which ultimately serves to shrink the gender wage gap in gaming.
The New Republic
May 15, 2019