According to a recent national survey by the Economic Policy Institute, the average income of the top one percent in the Empire State is $2,202,489 while the average income for the bottom 99 percent is $49,617.
Salon
January 4, 2019
The earning Ridester has come up with in its report closely matches what the Economic Policy Institute(EPI) revealed in May of 2018.
Just as in the Ridester report, the EPI was looking to offer more clarity with, “A framework for understanding various pay and size concepts and a common terminology.”
Small Business Trends
January 4, 2019
Because the unemployment rates are so low in these cities, city officials said many of their Amazon employees were not previously unemployed, but instead came from other jobs. Despite the fact that Amazon creates new jobs in the areas it develops in, a February report from the Economic Policy Institute found that Amazon centers created little to no net job growth because the jobs created were offset by job losses in other industries.
Idaho Press
January 4, 2019
In a study Price co-authored for the non-partisan Economic Policy Institute, researchers found that Florida has the second largest income inequality gap in the country. In Hillsborough County, the top 1 percent of its residents earns 28.7 percent more than the bottom 99.
WUSF
January 4, 2019
NPR’s Audie Cornish speaks with David Cooper, senior economic analyst for the Economic Policy Institute, about minimum wage increases in 2019. (Whole story)
NPR
January 3, 2019
A minimum wage bump will see more than $12.4 million in additional pay for Rhode Island workers in 2019. That’s according to an analysis by the left-leaning Economic Policy Institute, which studied all the minimum wage boosts 20 states are seeing this year.
Patch
January 3, 2019
Meanwhile, there’s a fight brewing over the minimum wage at the national level as Democrats take control of the House of Representatives this week. Although the federal minimum wage remains at $7.25 an hour, 29 states and Washington, D.C., have adopted a higher rate, according to data from the Economic Policy Institute.
CNBC
January 3, 2019
The federal minimum wage rate has stayed at $7.25 since 2009. Most of these changes are thanks to legislation or recent voter-approved ballot measures. According to the Economic Policy Institute, about 4.5 million workers around the country will be affected by the increases.
Food Newsfeed
January 3, 2019
Minimum wage workers in New York will see their paychecks go up this year, along with those in 19 other states and two dozen cities and counties. That’s according to a new analysis by the liberal-leaning Economic Policy Institute, which tracks minimum wage changes across the country.
Patch
January 3, 2019
Roughly 87,200 Mainers — 15.2 percent of all workers in the state — will benefit directly as a result of the minimum wage increase, according to a state wage analysis conducted by the Economic Policy Institute. Those Mainers’ average wage increase adds up to about $1,040 in additional earnings per year, the analysis states.
The Republican Journal
January 3, 2019