CNBC Make It collected data on the minimum wage in the 75 largest U.S. cities, by population, and paired that with Economic Policy Institute’s research into the cost of living in each of those areas to to find out where workers without children will have the easiest time afford rent, utilities, food, transportation, healthcare, taxes and other basic necessities.
CNBC
May 10, 2019
According to the Corporation for National and Community Service’s annual report, Florida is the state with the lowest volunteer rates. Among the state’s metropolitan areas, South Florida ranks the worst — meaning it has the lowest volunteerism in the entire nation. Furthermore, according to a study by the Economic Policy Institute on the disparity of wealth in the United States, five of the 10 metro areas with the highest income inequality are in Florida. South Florida is of course one of those, with the top 1 percent of residents earning a staggering 55 times more than the bottom 99 percent.
Miami Herald
May 10, 2019
When you’re expecting your first kid, some costs come as no surprise—a new crib, dozens of diapers, that woodland animal mobile your baby needs.
Economic Policy Institute, “Child care costs in the United States”
Move.org
May 10, 2019
GWINNETT COUNTY, GA — The Economic Policy Institute has released a new Family Budget Calculator which breaks down exactly how much it costs for a family of four — two adults and two children — to live in communities across the country. And it turns out that for Gwinnett County, you’ve got to make a bit of money to afford to live here.
Patch
May 10, 2019
If this ruling stands and Obamacare is shuttered, it would throw the health care system into destabilized chaos, with both human and financial ramifications. According to the Urban Institute, an additional 17 million Americans would lose their health care coverage above the reduction already associated with removal of the mandate penalties (30 million total). According to the Economic Policy Institute, 566,000 individuals in Indiana would lose their health insurance. In addition, 18,000 people would lose their jobs, and our state would lose $1.6 billion in federal health care funding. Insurance premiums would further increase. Medicare Part A deductibles and copayments and Part B premiums, deductibles and cost sharing would increase for most, although Part D and Medicare Advantage program premiums might moderate.
Indianapolis Business Journal
May 10, 2019
Emma Garcia, the report’s co-author and economist with the Economic Policy Institute, says 59% of teachers nationwide turn to “moonlighting” or side jobs to supplement their income and in some cases, just to make ends meet.
Public News Service
May 10, 2019
The Economic Policy Institute publishes the third in its series on the teacher shortage:
After accounting for education, experience, and other factors known to affect earnings, teachers’ weekly wages in 2018 were 21.4 percent lower than their non-teaching peers. In 1996 that weekly wage penalty was 6.3 percent. Our report identifies other indicators that teacher pay is too low and declining. For example, in the 2015–2016 school year, 59.0 percent of teachers took on additional paid work either in the school system or outside of it—up from 55.6 percent in the 2011–2012 school year. […] Financial stress is greater for teachers in high-poverty schools. Relative to teachers in low-poverty schools, teachers in high-poverty schools are paid less ($53,300 vs. $58,900), receive a smaller amount from moonlighting ($4,000 vs. $4,300), and the moonlighting that they do is less likely to involve paid extracurricular or additional activities for the school system that generate extra pay but also help them grow professionally as teachers (data are for 2015–2016). Data suggest a relationship between low salaries and quitting. Teachers who ended up quitting before the 2012–2013 school year had lower base salaries ($50,800 vs. $53,300) and were more likely to be supplementing their base pay with work outside the school system in the year before they quit (18.4 percent vs. 16.3 percent).
Daily Kos
May 10, 2019
As we inch toward 2020, we are observing a growing pay gap between CEOs and workers. According to a report published by the Economic Policy Institute, CEO compensation grew 72 percent since 2009, reaching a level just 3.3 percent below the high compensation levels seen in 2007 before the Great Recession hit. In contrast, the average worker’s annual compensation grew at an annual rate of just 2.1 percent between 2009 and 2018 and by a mere 0.4 percent between 2016 and 2018.
Workforce
May 9, 2019
“Researchers at the Economic Policy Institute found that Uber drivers earn an hourly wage of $9.21 on average, after deducting things like fees and commissions. That wage lands below the hourly minimum wage in most of Uber’s major markets, the researchers concluded.”
WBUR
May 9, 2019
The Economic Policy Institute, a left-leaning think tank, concluded that Uber drivers earned the equivalent of $9.21 in hourly wages, after accounting for commissions and fees and vehicle expenses, and taking into account the health insurance and other benefits earned by employees.
Voice of America
May 9, 2019