Economic factors included the median home value, the monthly cost of living for two people with no children, and the state-local tax burden as a share of state income. Tax burden data came from the Tax Foundation and are for 2012, the most recent year available. Median home value came from the 2017 ACS 5-Year estimates, and the monthly cost of living came from the Economic Policy Institute for 2017. All factors were given equal weight.
USA Today
August 2, 2019
Black Americans have particularly suffered, thanks to inequities in the criminal justice system, employment, education, and healthcare. While the baby bonds bill is race neutral, it is designed to impact children of color, who disproportionately live in poverty compared to their white counterparts. According to the Economic Policy Institute (EPI), in 2016, roughly 31% of black and 27% of Hispanic children lived in poverty. That’s compared to 11% of white children.
Yahoo Finance
August 2, 2019
Critics of the UW researchers have seized on Seattle’s uniqueness to discount the UW findings. Ben Zipperer of the liberal Economic Policy Institute wrote that the UW research is based on a “flawed comparison” between Seattle and the rest of the state. He argued that the decline in low wage jobs was due to a hot economy boosting low-wage jobs into high-wage jobs, not the new minimum wage. The data did show, Zipperer argued, that all of the workers they studied were “better off after the minimum wage increase” — higher-hour workers earned more with a higher wage while the low-hour workers got the same pay for less work.
VOX
August 2, 2019
Research shows about 684,000 South Carolina workers — or a third of the state’s workforce — would see their wages increase if a $15 federal minimum wage were adopted by 2025, according to David Cooper, a senior economic analyst at the Washington-based Economic Policy Institute.
The Post and Courier
August 2, 2019
According to the Economic Policy Institute (EPI), from 1973 to 2017, net productivity rose 77 percent while the hourly pay of typical workers essentially stagnated, increasing 12.4 percent over 44 years (after adjusting for inflation).
Williston Herald
August 2, 2019
Income inequality in America has been rising in every US state since the 1970s, found a 2018 report published by the Economic Policy Institute (EPI).
In the report, researchers looked at 2015 tax return data to analyze the average income of the top 1% and the bottom 99% of a population, broken down by state, metropolitan area, and county.
Business Insider
August 2, 2019
How do these policies play into today’s economic disparities? The median household wealth for white families is about $171,000, while that number drops to just $17,000 for black families, according to data analyzed by the Economic Policy Institute. The homeownership rate for blacks is about 41%, nearly the same as it was in 1968, while for whites it grew from 66% to 71%.
Idea Stations
August 2, 2019
A family of two adults and two children in the Nassau/Suffolk metro area must earn a combined $11,629 a month or $139,545 a year to live comfortably, according to a 2018 Economic Policy Institute estimate.
Newsday
August 2, 2019
Kentucky’s teacher shortages reflect a growing national trend. A 2019 report by the Economic Policy Institute said that while there was a surplus of teachers in the labor market in 2011-2012, the projected demand exceeded the estimated supply for the following year. The projected gap has grown sharply since then and is expected to continue to widen.
Morehead State Public Radio
August 2, 2019
“I don’t see a huge bubble on the other side of household debt that is going to savage people’s assets,” said Josh Bivens, director of research at the liberal Economic Policy Institute.
AP
August 2, 2019