While the impacts of such a downturn can vary widely, typically lower-income people are hit the hardest, and existing disparities only widen, said Elise Gould, senior economist at the Economic Policy Institute.
“Disproportionately, it tends to be those most historically disadvantaged workers that are batted around more in a bad labor market, and they experience much higher rates of unemployment,” she said. “We think about young people, who are also harmed in downturns — the last-hired, first-fired kind of phenomenon.”
CNN Business
March 24, 2025
A separate analysis of Social Security wage data by the Economic Policy Institute found the top 1% of earners in 2023 had an average annual wage of $794,129.
News Nation Now
March 24, 2025
In February, for example, Utah Gov. Spencer Cox signed into law a bill banning public-sector unions from collective bargaining — impacting thousands of teachers, police officers and first responders. According to the Economic Policy Institute, public-sector collective bargaining rights narrow the pay gap between public- and private-sector workers by 8 percentage points.
Governing
March 24, 2025
The Economic Policy Institute recently did a deep dive on the policy proposal, and they explain why no-tax-on-overtime is a trickle-down policy disguised as a win for workers. As EPI explains, the no-tax-on-overtime policy “is a giveaway to businesses that would create new inequities in the tax code while expanding employer power and draining public budgets of resources for all the things — schools, infrastructure, safety, health — that workers, their families, and their communities actually need to thrive.”
The Pitch from Civic Ventures
March 24, 2025
RTW laws don’t bring prosperity — they drive down wages. Research from the Economic Policy Institute shows that workers in RTW states earn 3.1 percent less than their counterparts in union-friendly states, even when adjusting for the cost of living.
Inside Sources
March 24, 2025
“There’s been efforts, multiple efforts across the country, led by the National Restaurant Association, to essentially undo the will of the voters who have voted to pass higher statewide minimum wages,” Nina Mast, an economic analyst for the progressive-leaning Economic Policy Institute, told Orlando Weekly in a phone call.
Orlando Weekly
March 24, 2025
The Tarvers paid $630 a month to put their son in the infant room before they received assistance — about 70% of the average cost of child care in Texas, which is $892 a month, according to the Economic Policy Institute.
The Texas Tribune
March 24, 2025
“It’s easy to imagine businesses automatically adding ‘recommended gratuity’ to invoices with the expectation that many consumers won’t be willing to speak up in protest,” wrote experts at the Economic Policy Institute.
Fortune
March 24, 2025
A new report from the Economic Policy Institute shows that childcare for one infant now costs more than rent in 17 states and more than in-state college tuition in 38 states.
NPR 1A
March 24, 2025
The U.S. economy is often compared to a cruise ship—it takes a lot of time and force to change its direction. This is why so many economists looked at the strong economy that was inherited by the Trump Administration and projected fast growth, low unemployment, declining inflation, and healthy stock market appreciation continuing for the next couple of years. But President Donald Trump’s impact on the economy so far has been less a matter of turning the ship’s rudder and more similar to a ship firing torpedoes at itself.
Time Magazine
March 24, 2025