The average annual cost of infant care in the state is $11,720, 57% more per year than the annual in-state tuition for a four-year public college ($7,453), according to the Economic Policy Institute on North Carolina child care costs.
WXII-TV
July 7, 2025
In Alaska, Oregon, and Washington DC alone, over 800,000 Americans will benefit from the pay hikes, according to the Economic Policy Institute.
The U.S. Sun
July 7, 2025
Today, according to the nonpartisan Economic Policy Institute, of the 1.2 million people incarcerated in state and federal prisons, nearly 800,000 are prison laborers, working in the facility itself or in government-run businesses or services like call centers or firefighting. About 3% work for private-sector employers, where they earn very low pay.
Letters from an American (Heather Cox Richardson)
July 7, 2025
The Intercept
July 7, 2025
According to a report from the Economic Policy Institute, workers lose over $15 billion each year due to minimum wage violations alone — a burden that disproportionately affects immigrant and undocumented workers.
MoneyWise
July 7, 2025
The top 20% of tipped workers would receive an average tax cut of $5,768, while the bottom 20% would only receive only $74 on average, according to the Economic Policy Institute.
CNBC
July 7, 2025
Minimum wage increases went into effect across several states and localities on Tuesday.
Why it matters: In Alaska, Oregon, and Washington, D.C. alone, that means paycheck boosts for more than 880,000 people, according to The Economic Policy Institute, also impacting workers in major hubs like Los Angeles, San Francisco, and D.C.
Axios
July 7, 2025
According to the Economic Policy Institute, the median U.S. retirement account balance for workers approaching retirement is a mere $10,000.
New York Observer
July 7, 2025
An Economic Policy Institute report found that roughly half of older workers (aged 50 to 70) have physically demanding jobs, with more than half working in environmentally hazardous conditions. Whether you’re physically taxed by your day-to-day work, a challenging work schedule, or a high-pressure job, it makes sense to want to remove yourself from the situation.
Motley Fool
July 7, 2025
Supporters have called the proposal a “lifeline” that would provide some financial relief for servers who depend on gratuities to make ends meet, according to the Economic Policy Institute. However, critics argue that it could backfire, and it would help very few workers.
Citing data from the Brookings Institution, the Economic Policy Institute pointed out that 37% of tipped workers don’t earn enough to pay federal income tax, and could even lose income, as they could lose eligibility to important tax credits, like the Earned Income Tax Credit (EITC) and the Child Tax Credit (CTC).
GO Banking Rates
July 7, 2025