According to a study by the Economic Policy Institute, infant care costs $9,480 a year and in-state tuition for a four-year public college in North Carolina costs about $7,354 — meaning infant care costs over $2,000 more per year.
More on the study HERE.
WSOC-TV
August 6, 2019
The Fed isn’t alone in concluding that low unemployment (3.7 percent ) is attracting new workers. “There’s strong evidence that the tight labor market is drawing people in,” says Josh Bivens of the left-leaning Economic Policy Institute. He cites increases in the labor force participation rate for men and women aged 25 to 54, the prime-age workforce.
The Washington Post
August 6, 2019
A 2018 study published by the nonpartisan Economic Policy Institute titled “Unfulfilled promises” echoes Kumar’s reasoning. It concluded that state and local governments that used tax incentives to lure Amazon warehouses didn’t see a significant return on their investments. Amazon has not sought any tax breaks from St. Lucie County.
TC Palm
August 6, 2019
Davis and other councilmembers say the warehouse will also help spark job growth. But experts at the Economic Policy Institute say that the fulfillment centers do not generate broad-based employment growth. The institute’s study found that the tax-increment financing, tax breaks, and other money provided by local governments to lure Amazon doesn’t level out with increased employment and overall long-term economic growth to the local area.
WAMU 88.5
August 6, 2019
Davis and other councilmembers say the warehouse will also help spark job growth. But experts at the Economic Policy Institute say that the fulfillment centers do not generate broad-based employment growth. The institute’s study found that the tax-increment financing, tax breaks, and other money provided by local governments to lure Amazon doesn’t level out with increased employment and overall long-term economic growth to the local area.
WAMU 88.5
August 6, 2019
“Wage growth continues to fall short of what we’d expect in an economy that has had historically low unemployment — the unemployment rate has been at (or below) 4.0 percent for the past 17 months,” said Elise Gould, a senior economist at the Economic Policy Institute in a release.
Cheddar
August 6, 2019
“Wage growth continues to fall short of what we’d expect in an economy that has had historically low unemployment—the unemployment rate has been at (or below) 4.0 percent for the past 17 months,” writes Elise Gould, senior economist at the Economic Policy Institute. “…Unfortunately, disappointing wage growth is not a new feature of the U.S. economy. According to new data released this week, hourly pay has continued to diverge from economy-wide productivity. Since 1979, productivity has risen six times faster than hourly compensation for the typical U.S. worker.”
PayScale
August 6, 2019
“Wage growth continues to fall short of what we’d expect in an economy that has had historically low unemployment,” tweeted Economic Policy Institute analyst Elise Gould after BLS reported wages grew at a 3.2% annual rate. “The unemployment rate has been at (or below) 4% for the past 17 months” and economists believe such a tight labor market should prompt businesses to compete for scarce workers by offering better pay. They aren’t.
United Steelworkers
August 6, 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
August 6, 2019
Wage gains have been strongest this year for workers earning $12 to $14 an hour and those at the top end of the pay scale who earn more than $60 an hour, according to a new analysis from the liberal Economic Policy Institute.
Northwest Arkansas Democrat Gazette
August 6, 2019