“We can say the winners from Airbnb ‒ generally they’re pretty concentrated at the top,” says Josh Bivens, director of research at the Washington, D.C.-based, left-leaning Economic Policy Institute. In a report published in January Bivens concluded Airbnb’s net economic costs outweigh its benefits: Even if the platform’s impact on aggregate housing prices has been relatively small, he argues, it has accelerated an affordable housing crisis that, for millions of Americans, was already dire. “It’s another straw on the camel’s back.”
U.S. News
May 6, 2019
A 2018 report by the Economic Policy institute stated that unemployment for African American’s is the highest in the nation with a 12.9 percent unemployment and an 8.5 to 1 Black to White unemployment rate ratio.
Afro
May 6, 2019
The Economic Policy Institute’s “Family Budget Calculator” measures the income a family needs to cover basic living expenses, including housing, food, child care and transportation. The budget is based on figures from 2017.
WAMU 88.5
May 6, 2019
Overall, the horse racing industry constitutes a small percentage of employers seeking labor certifications to hire seasonal guestworkers for the spring and summer. In FY 2018, petitions for non-farm-animal caretakers were only 1.3 percent of total certified applications for H-2B workers, according to data from the Department of Labor. In 2018, about 900 applications for labor certifications were submitted for guestworker jobs in the horse racing industry and 749 were approved, said Daniel Costa, director of Immigration Law and Policy Research at the Economic Policy Institute.
Bloomberg
May 6, 2019
A study by the Economic Policy Institute, released April 24, shows that from 1996 to 2018 the average weekly wages of public school teachers, when adjusted for inflation and summers off, have decreased by $21, while weekly wages of other college graduates have risen by $323. The analysis, based on Bureau of Labor Statistics, shows the teachers’ weekly wage penalty reached a record 21.4 percent in 2018. When teachers’ better benefits were factored in, the final penalty was 13.1 percent in 2018.
Workers World
May 6, 2019
A new report from the Economic Policy Institute shows that average weekly salaries for teachers are nearly 20 percent lower than pay for similarly educated employees in other fields, and the gap has been growing for decades.
WIBW News
May 6, 2019
Teachers are continuing to fall behind other college graduates in the wages they earn, contributing to the difficulties many school districts in California and the nation face in filling positions in key subject areas, according to a new analysis.
The analysis is contained in a paper issued this month by Sylvia Allegretto, co-chair of the Center on Wage and Employment Dynamics at UC Berkeley, and Lawrence Mishel, a distinguished fellow at the Economic Policy Institute, a progressive Washington D.C.-based think tank
LA School Report
May 6, 2019
What is the issue? Teachers earn 18.7% less than comparable college-educated professionals, according to an analysis by the Economic Policy Institute, a nonpartisan think tank. (Including benefits, like time off, the so-called teacher wage gap is closer to 11%.)
Time
May 6, 2019
Ten years after he delivered that speech to rapt Democratic delegates, Biden seemingly believes that its message will still resonate with voters. And he may be right. Unemployment is low, but in other respects, the average American worker lives in challenging times. Though the labor market is tightening, wage growth is slow, and it isn’t evenly distributed to all workers. The Economic Policy Institute, a left-leaning think tank, reported in February that wage growth has largely been concentrated in the top ten percent of high-wage workers since 2007. Overall, wage growth hasn’t kept pace with rising rents or with medical expenses; a 2018 Kaiser Family Foundation poll found that employers are gradually shifting more medical costs to workers, as insurance premiums continue to rise.
New York Magazine
May 2, 2019
According to a 2017 report from the Economic Policy Institute, the average American CEO made $15.6 million in compensation, or about 271 times that of the average U.S. worker.
Fox News
May 2, 2019