As I wrote in this Prospect piece, the good news is that heterodox economics is getting more of a respectful hearing nowadays. If you are very good, you can get tenure at a major economics department by studying the inequities and anomalies in the real world rather than by playing with models and manipulating algebra.
The Economic Policy Institute, founded in 1986, gets a good deal of the credit. Our colleague Harold Meyerson has just written this history of EPI and its increasing influence.
American Prospect
October 1, 2024
“Michigan’s in the process right now of reversing a lot of damage that was done to its state labor laws, and you could foresee that they might join some other states who have begun to get more ambitious,” said Jennifer Sherer, acting deputy director of the Economic Analysis and Research Network.
Sherer said the Michigan bills reflect a broader trend across states including Montana, Missouri, Illinois and New Hampshire, where lawmakers and residents have voted down right-to-work legislation and ballot initiatives.
Capital & Main
September 24, 2024
The average American needs to be making an average annual income of at least $421,926 in order to be considered part of the top 1%, according to the Economic Policy Institute. The average income of everyone else (the “bottom 99%”) is $50,107.
MoneyWise
September 24, 2024
The political and union “concerns are linked and related,” said Jennifer Sherer, who leads the Worker Power Project at the Economic Policy Institute. “The vast majority of workers are in a position where if they decline an employer request, even if it’s something that might seem outlandish” such as attending a political candidate visit to the workplace or a Bible study, “most workers have a reasonable fear that could come with some consequence.”
Bloomberg Law
September 24, 2024
Trump NLRB appointees, the union contends, were too friendly with employers, hurting employees’ unionization efforts. The former president also finalized a rule restricting federal employees’ union activity, according to the Economic Policy Institute, and his OSHA team fielded fewer health and safety complaints, according to the National Employment Law Project.
HR Brew
September 24, 2024
Comparing pre-pandemic earnings with recent data may show a clearer picture because income in 2020, when the pandemic shuttered the economy, skewed higher due to millions of low-income workers losing their jobs that year, effectively excluding them from earnings data, according to left-leaning Economic Policy Institute. Because of that, comparisons between 2020 and other years may not be apples-to-apples.
CBS Moneywatch
September 24, 2024
The sky-high job growth was bound to slow, in part because the economy lacked room for expansion after employers had hired the workers they needed and a dwindling number of unemployed people remained on the sidelines, according to Valerie Wilson, a labor economist who runs the program on race, ethnicity and the economy at the left-leaning Economic Policy Institute.
“We expected job growth at some point to slow down,” Wilson said. “To me, that alone isn’t cause for concern.”
ABC News
September 24, 2024
As I wrote in this Prospect piece, the good news is that heterodox economics is getting more of a respectful hearing nowadays. If you are very good, you can get tenure at a major economics department by studying the inequities and anomalies in the real world rather than by playing with models and manipulating algebra.
The Economic Policy Institute, founded in 1986, gets a good deal of the credit. Our colleague Harold Meyerson has just written this history of EPI and its increasing influence.
American Prospect
September 24, 2024
“Michigan’s in the process right now of reversing a lot of damage that was done to its state labor laws, and you could foresee that they might join some other states who have begun to get more ambitious,” said Jennifer Sherer, acting deputy director of the Economic Analysis and Research Network.
Sherer said the Michigan bills reflect a broader trend across states including Montana, Missouri, Illinois and New Hampshire, where lawmakers and residents have voted down right-to-work legislation and ballot initiatives.
Capital & Main
September 24, 2024
The average American needs to be making an average annual income of at least $421,926 in order to be considered part of the top 1%, according to the Economic Policy Institute. The average income of everyone else (the “bottom 99%”) is $50,107.
MoneyWise
September 24, 2024
The political and union “concerns are linked and related,” said Jennifer Sherer, who leads the Worker Power Project at the Economic Policy Institute. “The vast majority of workers are in a position where if they decline an employer request, even if it’s something that might seem outlandish” such as attending a political candidate visit to the workplace or a Bible study, “most workers have a reasonable fear that could come with some consequence.”
Bloomberg Law
September 24, 2024
Trump NLRB appointees, the union contends, were too friendly with employers, hurting employees’ unionization efforts. The former president also finalized a rule restricting federal employees’ union activity, according to the Economic Policy Institute, and his OSHA team fielded fewer health and safety complaints, according to the National Employment Law Project.
HR Brew
September 24, 2024
Comparing pre-pandemic earnings with recent data may show a clearer picture because income in 2020, when the pandemic shuttered the economy, skewed higher due to millions of low-income workers losing their jobs that year, effectively excluding them from earnings data, according to left-leaning Economic Policy Institute. Because of that, comparisons between 2020 and other years may not be apples-to-apples.
CBS Moneywatch
September 24, 2024
The sky-high job growth was bound to slow, in part because the economy lacked room for expansion after employers had hired the workers they needed and a dwindling number of unemployed people remained on the sidelines, according to Valerie Wilson, a labor economist who runs the program on race, ethnicity and the economy at the left-leaning Economic Policy Institute.
“We expected job growth at some point to slow down,” Wilson said. “To me, that alone isn’t cause for concern.”
ABC News
September 24, 2024
As I wrote in this Prospect piece, the good news is that heterodox economics is getting more of a respectful hearing nowadays. If you are very good, you can get tenure at a major economics department by studying the inequities and anomalies in the real world rather than by playing with models and manipulating algebra.
The Economic Policy Institute, founded in 1986, gets a good deal of the credit. Our colleague Harold Meyerson has just written this history of EPI and its increasing influence.
American Prospect
September 24, 2024
Others also question the authenticity of some companies and organizations who “celebrate” this month for optics, but don’t focus on the issues facing the communitylike the fact that Latina women make less than anyone else at 55 to the dollar a White man makes, or that Hispanic men made 14.9 percent less in hourly wages than comparable White men, according to the Economic Policy Institute.
Reader's Digest
September 23, 2024
What Works podcast
September 23, 2024
As USA Today reports, Trump “slashed” funding for the National Labor Relations Board while in office, while the Economic Policy Institute “called moves under his administration to overturn worker protections ‘unprecedented.‘”
Bring Me The News
September 23, 2024
“There is every reason for these to be bipartisan policies,” Bernstein said during a presentation at EPI Action in July. “I don’t care if you’re in a red, blue or purple state, you need a lot more affordable housing and child care.”
The Washington Post
September 23, 2024
“It’s not only that there aren’t enough homes, there aren’t enough affordable homes in the places where people want to live,” said economist Kyle Moore with EPI Action, pointing out that many new luxury units that developers build are unaffordable for many renters.
USA Today
September 23, 2024
In California, child care fees can rival mortgage payments and exceed in-state university tuition. According to the Economic Policy Institute, a Washington think tank, California families pay an average of $11,475 a year for a 4-year-old. For an infant, the average annual cost is $16,945.
Santa Rosa Press Democrat
September 23, 2024
CEO compensation declined significantly in 2023 when compared to the stock market’s relative steadiness, according to a recent report.
Findings from the Economic Policy Institute, published Sept. 19, analyzed average CEO pay from the 350 largest publicly owned firms in the U.S., using data from Compustate ExecuComp and The Wall Street Journal.
Becker’s Hospital Review
September 23, 2024
Tipped workers are especially vulnerable to exploitation in the form of wage theft, according to the Economic Policy Institute. A recent analysis by the left-leaning think tank found that U.S. workers who earn tipped wages are 2.3 times more likely to live in poverty than non-tipped workers.
CBS Moneywatch
September 23, 2024
The privileges our richest enjoy at tax time extend neatly to the generous annual compensation that our top corporate executives pocket. Major corporate CEOs, the Economic Policy Institute has just reported, last year realized $22.1 million in compensation, 290 times the pay that went to typical U.S. workers.
Inequality.org
September 23, 2024
Relying on customers to pay the bulk of tipped workers’ wages exposes these workers to “tremendous instability of income,” according to the Economic Policy Institute.
Across the country, the Institute also found poverty rates for tipped workers are more than twice as high as for non-tipped workers. Horsford called that unacceptable.
Public News Service
September 23, 2024
In addition, the Economic Policy Institute reported that many companies have sunk money — $340 million in 2019 alone — into programs and consultants that use union-suppressing tactics.
New Jersey Herald
September 23, 2024
We surveyed nine areas that, according to the Economic Policy Institute, have a lower cost of living, to measure the price of an acrylic gel manicure.
The Wall Street Journal
September 23, 2024
Automotive News
September 23, 2024
Democrats, unions, and the Biden administration say that such agreements lead to fewer disruptions to federal projects, and lead to better outcomes for the communities where the projects are located, because they allow for negotiating higher wages and benefits, child care opportunities, and job training.
“Through President Biden’s executive order on project labor agreements, the federal government is promoting effective mechanisms for controlling costs, ensuring efficient completion of projects, and establishing fair wages and benefits for all workers on those projects,” said Margaret Poydock, a senior policy analyst at the Economic Policy Institute.
Bloomberg Law
September 23, 2024