If the administration were to revert back to the Obama-era wage rate, Heidi Shierholz, a former chief economist at the DOL said it would mean a “25% pay cut for a full-time federal contractor earning the minimum wage—a loss of over $9,000 a year.”
Shierholz, now president of the Economic Policy Institute, added that there’s enough confusion around what the rate is that “employers won’t feel any need to comply.”
Bloomberg Law
April 1, 2025
..more than $15,000 per year according to a recent report by the Economic Policy Institute. These high costs leave many families with the…[paywall].
Boston Globe
April 1, 2025
But Kevin Dempsey, CEO of the American Iron and Steel Institute, said the tariff helped revive the industry before the levy was watered down by exceptions and loopholes. U.S. steelmakers announced plans to invest about $15.7 billion in new or upgraded steel facilities, creating at least 3,200 new jobs, according to a 2021 study by the Economic Policy Institute.
USA Today
April 1, 2025
…to adequately increase pay for its teachers over time. The Economic Policy Institute, a left-leaning think tank, has labeled the resulting…[paywall].
The Advocate
April 1, 2025
More than a dozen other House Democrats have signed onto the bill as cosponsors, and Daniels said his proposal has received bipartisan support, including the Alabama Policy Institute, a conservative-leaning think tank that focuses on issues within the state.
The Economic Policy Institute, a left-leaning think tank based in Washington D.C.,, has publicly opposed Daniels’ proposal, arguing that it could benefit highly paid professionals and encourage employers to shift employees to hourly work without paying additional compensation.
According to a blog post, an employer could shift a person earning $50,000 and working 60 hours a week. The employer could offer $13.75 per hour to the same employee and have them work overtime. That would earn the worker an additional $4,000 after taxes without the employer having to pay the worker additional compensation.
“It creates a tax loophole that is ripe for abuse and, even if it could lead to some workers taking home higher after tax income when they work overtime, it does nothing to stop overwork of employees and it just lets employers off the hook when they are asking workers to work excessive hours,” said David Cooper, director of state policy and research at the EPI.
Alabama Reflector
April 1, 2025
…better off staying put in a way right now with all the layoffs,” Elise Gould, a senior economist at the Economic Policy Institute,…[paywall].
Business Insider
April 1, 2025
The Economic Policy Institute’s Family Budget Calculator estimated the income a family needed in 2025 for a “modest yet adequate standard of living,” which does not include costs such as paying for student loans or for homeownership, ranged from $75,966 in Coos County (the least expensive county) to $101,336 in Rockingham County for a household with two adults and one child.
Business NH Magazine
April 1, 2025
The centrist group Third Way released a memo last week about the “Trump Slump” economy that sounded like it was written by the Economic Policy Institute, arguing that Trump driving the country toward recession must be at the forefront of any political messaging, while highlighting credit card delinquency rates and working-class struggles.
American Prospect
April 1, 2025
According to a report by the Economic Policy Institute, not only did Trump fail to curb offshoring during his…[paywall].
Charleston Gazette-Mail
April 1, 2025
“Factory closures and job cuts are inevitable,” said Adam Hersh, senior economist at the Economic Policy Institute.
Nikkei (Japan)
April 1, 2025