A budget calculator from the Washington-based nonprofit Economic Policy Institute estimates a family of four in Montgomery County needs a $104,000 annual household income while in Frederick County, the same size family requires $94,000 a year to pay for everything from housing to food, clothing and transportation. Farther out, the cost is $88,000 in Martinsburg, West Virginia, which is the westernmost stop on the MARC commuter train’s Brunswick Line that runs through Montgomery County on its way into the District.
Bethesda Magazine
June 6, 2019
According to a new study by the Economic Policy Institute, (EPI) more than half of teachers do not feel supported in their jobs, and 25% consider leaving the profession as a result. The study is the fourth in EPI’s series looking at the trends – challenging working environment, low pay, lack of professional development opportunities, and the diminished status of the profession – that have undermined the teacher labor market.
NEA Today
June 6, 2019
According to the Economic Policy Institute, college graduates made 56% more money than high school graduates in 2015. That’s the biggest difference on record.
KRQE Media
June 6, 2019
All of this seems like good news for recent college graduates. However, according to a recent report from the Economic Policy Institute (EPI), Class of 2019: College Edition, this demographic group faces some real economic challenges, too. The report explores who these students are, what they plan to do next and what the employment picture looks like for them.
PayScale
June 6, 2019
Even when benefits are thrown in, America’s teachers earned 13% less in 2018 than private-sector workers with similar levels of education, according to the Economic Policy Institute. The nonprofit think tank, which receives funding from labor unions, examined decades of federal data.
The USA Today
June 6, 2019
Children in kindergarten and ninth grades miss the most days of school per year, and absenteeism is connected to poorer scores in reading and math, according to the Economic Policy Institute.
Governing
June 6, 2019
American workers lose billions of dollars to wage theft each year — as much as $50 billion in 2016, according to research from the Economic Policy Institute.
Marketplace
May 31, 2019
According to the Economic Policy Institute, when workers try to organize unions, 75 percent of employers hire union-busting consultants, 47 percent threaten to cut employee pay or benefits, 57 percent threaten to shut down, and 90 percent hold mandatory “captive audience” meetings to propagate anti-union messages.
Inequality.org
May 31, 2019
The Economic Policy Institute has reported that most U.S. workers saw little or no benefit from the Tax Cuts and Jobs Act. And some middle-class taxpayers in blue states, after losing valuable deductions, complained that their taxes had increased thanks to the Republican tax law.
AlterNet
May 31, 2019
Helping individuals plan and save for retirement is a specialty of many financial planners. Saving for retirement might be hard to imagine for individuals who are financially stretched with the expenses of caring for elderly parents and supporting grown children. According to the Economic Policy Institute, the average retirement savings for the families of people in their 50s was $124,831 in 2018. For the families of people ages 56 to 61, it was $163,577. Unfortunately, these numbers are nowhere near the amount that will be needed to retire comfortably at the current cost of living.
Church Executive
May 31, 2019