Employers owe American workers billions of dollars in unpaid wages each year, as much as $50 billion in 2016, according to estimates from the progressive Economic Policy Institute.
Houston Public Media
June 6, 2019
Finally, glaringly absent from the report is any discussion of highly regarded prior studies on this topic. Alex Colvin, the Martin F. Scheinman Professor of Conflict Resolution at Cornell University,is a national expert on empirical studies of arbitration, having authored a number of articles on the subject. A 2015 Economic Policy Institute report summarizes his and others’ research going back nearly two decades, including findings that while arbitration is indeed faster than litigation, workers win much more frequently in court than in arbitration, and when they win, they win a lot more money.
June 6, 2019
At the same time, a new report from the Economic Policy Institute and the Center for Popular Democracy describes the disturbing rise of a particular constraint on workers’ voices and their power.
FAIR
June 6, 2019
On average, consumers paid $7,725 to the bank or lender as a result of this disparity, an Economic Policy Institute analysis of the CFPB’s study found.
MarketWatch
June 6, 2019
That explains, in part, why the Great Recession had such an outsized—and devastating—impact on Hispanic wealth. Like other communities of color, Hispanic homebuyers were steered into riskier, higher-cost loans, says So, and the toxic financial assets took a huge toll. Forty-seven percent of the loans issued for home purchases by Hispanic buyers were subprime, according to the Economic Policy Institute.
Curbed
June 6, 2019
Her plan links to an op-ed penned by Economic Policy Institute senior economist Robert Scott, which argues General Motor’s decision to shut down production at five plants was in part caused by an overvalued U.S. dollar. Warren argues other countries have been effective in manipulating their currency and the U.S. should respond.
Michigan Live
June 6, 2019
In April 2018, we interviewed David Cooper, a senior economic analyst at the Economic Policy Institute and deputy director of the Economic Analysis and Research Network, about wage theft. The act isn’t always intentional, he says, but when it is, employers tend to think the benefits outweigh the consequences:
TSheets
June 6, 2019
For instance, when Uber was preparing to go public last month, thousands of drivers took part in protests and demanded living wages. Uber drivers earn on average only $9.21 an hour once vehicle expenses, payroll taxes, Uber fees, and the cost of a “modest benefits package” are subtracted, according to the Economic Policy Institute.
Yahoo Finance
June 6, 2019
According to an analysis by the pro-union think tank Economic Policy Institute, people under the age of 35 accounted for 76 percent of new union members in 2017, and one in four new jobs created in America was a union job. In their paper addressing the trends, EPI says younger people are seeking protections in a workforce that continually compels them to accept unpaid internships, part-time wages for full-time hours, and other precarious labor agreements. Such problems have long been endemic in creative fields but have become more pervasive following the rise of a more generalized gig economy.
Scalawag Magazine
June 6, 2019
“Autos and parts are the single most important import, and many parts cross the border multiple times,” Robert Scott at the Economic Policy Institute says. “Tariffs will raise the costs of North American vehicles and reduce their competitiveness with imports from other countries. It is a lose-lose strategy.”
VOX
June 6, 2019