You took the same classes and aced the same midterms and smiled for the same picturesque photos at graduation. But according to a new report from the Economic Policy Institute, the boys who stood next to you at Commencement are slated to earn $3 more per hour at work than you do.
Elle
June 9, 2015
Many policy experts believe that both the purported harms and gains from the TPP are being overstated in a heated debate. “There are going to be very few jobs that will be affected,” the Economic Policy Institute’s Robert Scott, who opposes the deal, told my former colleague Danny Vinik. Even legislators from the most export-driven districts remain unconvinced on the deal. According to a new Wall Street Journal analysis, “in the 10 districts with the biggest export growth since 2006, only three of the representatives” are currently backing the TPP.
The New Republic
June 9, 2015
Ross Eisenbrey, vice president at the left-leaning Economic Policy Institute who pitched the changes to the White House in 2013, said updating the rules was necessary to reflect changes in the workforce. “It would provide a better work-family balance for millions of workers, giving some higher pay for working overtime and others reduced hours without any reduction in pay,” he said.
Reuters
June 9, 2015
Sanders pointed to an Economic Policy Institute study he requested that showed the real unemployment rate for black high school graduates, ages 17 to 20, was more than 51 percent during the 12 months ending in March. The jobless rate for Hispanics in that age group was just under 34 percent.
The Hill
June 9, 2015
Employers can garner huge benefits by avoiding “employment-related obligations,” says an upcoming report by the Economic Policy Institute, a nonpartisan, labor-affiliated think tank. They “save on labor and administration costs and gain advantage over competitors.” They avoid paying the employers’ half of Social Security and Medicare taxes (workers must pay instead), and unemployment insurance and workers’ compensation taxes. They even can circumvent immigration enforcement — employers can’t be charged with hiring undocumented workers if they don’t have any employees.
Los Angeles Times
June 8, 2015
In the lower-paid, less competitive civil-service positions—in the Post Office, for example, or in middle-management office jobs—blacks have climbed the color-blind rungs of the civil-service hiring ladder with great success, according to Valerie Wilson, who heads up the Race, Ethnicity, and Economy program at the Economic Policy Institute. So much so, in fact, that as The New York Times reported just last week, cuts to government jobs and reductions of public-sector positions hit African Americans the hardest among all groups.
The Atlantic
June 8, 2015
Discussing the use of skilled foreign workers in the U.S., with Daniel Costa, Economic policy institute, and Cyrus Mehta, immigration attorney.
CNBC
June 8, 2015
Why aren’t Americans getting bigger raises? You can see why thanks to graphs like this one from the Economic Policy Institute, which says wages are “stuck in the mud.”
Slate
June 8, 2015
More recently, a number of Fed rate setters have come out and warned over economic data. In the first quarter the U.S. economy shrank 0.7 percent and the second quarter recovery has been tepid so far as consumers have not responded to lower gasoline prices by spending their money on other items. “Even though job growth was solid, it needs to be sustained over a longer period of time in order to significantly tighten the labor market to the point where we finally see significant wage growth,” wrote Elise Gould, an economist at the Economic Policy Institute, a left-leaning Washington think tank.
Reuters
June 8, 2015
The problem, by the way, isn’t that the US is only creating low-wage jobs. An analysis by the liberal Economic Policy Institute found that over the past year, the economy has been adding high-, low-, and middle-wage jobs “in proportion to the rate that those jobs already exist in the economy.”
Christian Science Monitor
June 8, 2015