An Economic Policy Institute report from 2018 found that after taking into account vehicle expenses and depreciation, Social Security and Medicare taxes paid after the fact, the average Uber driver wage was $10.87 per hour. Basic statistics knowledge suggests that many drivers would make below their local minimum wage, which varies nationally from $7.25 per hour to $15 per hour in some cities in California.
Salon
May 15, 2019
As Larry Mishel, distinguished fellow at the Economic Policy Institute in Washington, put it: “There are huge contradictions at the heart of their business model.” Last year, Mishel researched Uber drivers and concluded that their W-2 equivalent hourly wage is less than the take-home pay of 90% of U.S. workers.
Investor Place
May 15, 2019
Eliminating forced arbitration and other legal tools, such as non-disclosure and non-disparagement agreements, would improve conditions for women industry-wide—as developers and as users. Unionization of the industry appears to be the best way to make this happen. According to the Economic Policy Institute, nearly 54 percent of non-union private-sector employees are forced into mandatory arbitration procedures. And research from the Center for Economic and Policy Research shows that unionization raises wages for women by nearly $2.00 per hour, which ultimately serves to shrink the gender wage gap in gaming.
The New Republic
May 15, 2019
The decline in union density accounts for one-third of the rise in income inequality among men and one-fifth among women, Economic Policy Institute researchers found.
Daily Kos
May 15, 2019
“I see this as the general counsel doing real damage to the NLRA’s power and workers’ ability to get relief under the act,” said Celine McNicholas, director of government affairs and labor counsel at the left-leaning Economic Policy Institute.
Bloomberg
May 15, 2019
The Economic Policy Institute, a left-leaning think tank, attributes right-to-work laws to a 3.1 percent decline in wages for union and nonunion workers after accounting for differences in cost of living, demographics, and labor market characteristics. In truth, it shouldn’t be a surprise that anti-union laws would hurt middle-class families. According to economists, the decline of labor unions is largely responsible for the growing income inequality in the United States.
VOX
May 15, 2019
Part of the problem is that the US no longer has the manufacturing base it once did. According to Robert E. Scott, senior economist at the Economic Policy Institute, over the past two decades, the US has lost roughly a third of its manufacturing capacity, as more than 90,000 factories have closed and 5 million manufacturing jobs have been lost.
ABC 7
May 15, 2019
“Wages are rising,” Harsanyi states, but according to the Economic Policy Institute: “From 2000 to 2018, wage growth was strongest for the highest wage workers, continuing the trend in rising wage inequality over the last four decades.”
The Star Democrat
May 15, 2019
The left-leaning Economic Policy Institute in a 2016 report found nearly half of families had no retirement account savings at all, based on data that ran through 2013. The group also highlighted a gap between high and low earners, saying the median working-age family had $5,000 saved in 2013, while the top 10% of earners had $274,000.
Route Fifty
May 15, 2019
“”Stress” is a commonplace term for hormonal changes that occur in response to frightening or threatening events or conditions. When severe, these changes are termed “toxic” stress and can impede children’s behavior, cognitive capacity, and emotional and physical health.
Youth Today
May 15, 2019