Since 2000, Americans’ median household income “barely rose over the whole time period,” according to a report from the U.S. Treasury. Wages for the lowest 90% of earners have risen by 15% since 2000, according to the Economic Policy Institute, while hourly wages have risen around 22% over that period.
Salon
March 10, 2025
Why was this announcement so calamitous? While tariffs are designed to benefit domestic sectors and U.S. workers, per the Economic Policy Institute, many companies faced with tariffs pass costs on to consumers in the form of price increases. This can end up slowing sales and unsettling the economy.
GO Banking Rates
March 10, 2025
Meanwhile, the average monthly cost of daycare for one child in Fort Bend County is around $805, according to the Economic Policy Institute.
Houston Public Media
March 10, 2025
Since then, the labor market has tightened, and wages have increased across all income levels. The biggest gains were among the bottom 10 percent of earners, whose real wages grew by 13% from 2019 to 2023, according to a 2024 Economic Policy Institute report.
Stacker
March 10, 2025
According to the Economic Policy Institute, the number of school bus drivers nationwide declined by 15%, or approximately 29,000, between 2019 and 2023. Contributing to this troublesome shortfall, the average American school bus driver earned $565 per week in 2023, which is 43% less than the median weekly wage of $990 for all workers.
Springfield Daily Citizen
March 10, 2025
According to the Economic Policy Institute, the current cost of infant care in Minnesota is $22,569 translating to $1,881 a month.
KIMT
March 10, 2025
The Trump administration is rapidly moving to shrink the federal workforce and some states will get hit much harder.
The federal workforce has more than 3 million employees across the country, with some of the biggest concentrations in Maryland, Virginia and New Mexico, according to a report from the Economic Policy Institute, which reviewed 2023 Census data and a 2024 Congressional Research Service report.
Excluding Washington D.C., where the federal workforce accounts for more than 13% of employment, the top 10 states with the biggest shares of federal workers are:
- Maryland (7.3%)
- Virginia (5.6%)
- New Mexico (4.8%)
- Hawaii (4.6%)
- Alaska (4.5%)
- Oklahoma (3.4%)
- West Virginia (3.1%)
- Wyoming (2.9%)
- Alabama (2.8%)
- Montana (2.8%)
Consumer Affairs
March 10, 2025
More than 46,000 people in Massachusetts work for the federal government, including for the postal service, in warehouses, in transportation, and in public administration, Healey’s office said. More than 30,000 live in the Greater Boston area, according to the Economic Policy Institute.
Boston.com
March 10, 2025