Mandatory arbitration remains a common policy for many companies, with the Economic Policy Institute, a nonprofit think tank, finding that more than 60 million American employees worked under the agreements.
NBC News
March 19, 2019
Wall Street is still hung up on whether the Federal Reserve will or will not raise interest rates further this year, y et for many Fed officials an even bigger question looms: What should policymakers do when faced with the next recession?
News Live
March 19, 2019
The Economic Policy Institute crunched the numbers and also included expenses like child care, health care and “other necessities.” The group concluded a 2-parent, 2-child family in the Buffalo metro area would spend $7,339 per month for a modest standard of living. That was the 36th highest cost of living in the entire country.
WGRZ
March 19, 2019
The cost of child care varies across the country, but in general, it’s unaffordable — so much so that people who would otherwise want to have kids are abstaining because of the cost. Last July, the New York Times askedapproximately 2,000 men and women between the ages of 20 and 45 who have fewer kids than they’d ideally want why that’s the case, and 64 percent laid blame on the exorbitantly high cost of child care. In Kansas, for example, the average one-child family has to spend $11,201 on infant care alone — or more than 11 percent of their income — which is unaffordable for more than 65.5 percent of families in the state, per the Economic Policy Institute.
March 19, 2019
It’s a pretty safe bet that no candidate is going to campaign as a free trader in the 2020 Democratic primary, setting up the potential for a large-scale realignment on a major policy issue for the party.
VOX
March 19, 2019
After all, according to the Economic Policy Institute, the top 1 percent of families in the United States make only 25 times what families in the bottom 99 percent earn. At that rate, how will our darling elites survive? But, fear not. Help is on the way for our esteemed mega-yachters, in the fruits of the Tax Cuts and Jobs Act.
Enid News & Eagle
March 19, 2019
A new study from the Economic Policy Institute, “America’s slow-motion wage crisis,” provides another important perspective. Their analysis shows real wages for individuals at the 90th percentile of the wage distribution increased 33 percent from 1991 to 2017 while the real wages of those at the 50th percentile—middle America—increased only 16 percent.
Government Executive
March 19, 2019
Now a new study by the left-leaning Economic Policy Institute shows that the median wage gap between African American and white workers has grown by 6 percentage points since 2000, to 16.2 percent. (This calculation is corrected for educational, regional, and other factors.) The EPI’s findings echo those of a 2017 study by the Federal Reserve Bank of San Francisco, which reported that between 1979 and 2016 the average wage for black men fell from 80 percent of the average wage for white men to 70 percent, while the average wage for black women fell from 95 percent of the average wage for white women to 82 percent.
Politico
March 19, 2019
Growing income inequality in the U.S. is probably something you’re familiar with. If you’re an investor, you’re likely aware of the crazy multiples CEOs are sometimes paid compared to the average workers in their companies. But it’s not just between CEOs and their employees that this gap is apparent. According to the Economic Policy Institute, the average income of the top 1% was 26.3 times higher than the average household income of the bottom 99% in 2015. With earnings growing at a faster pace for the well-to-do relative to lower- and middle-income families, opportunities for advancement remain harder to come by for these low- and middle-income households.
Nasdaq
March 19, 2019
Wages at the top of the income distribution continue to rise much more rapidly than wages for everyone else, according to an analysis of the latest federal data by the Economic Policy Institute, a progressive think tank.
The Washington Post
March 19, 2019