A 2022 report by the Economic Policy Institute, found that in the United States the vast majority of domestic workers — more than 90 percent — are women; just over half are Black, Hispanic, or Asian American and Pacific Islander women; and they tend to be older than other workers.
Associated Press
July 1, 2024
The Economic Policy Institute reported that American employers prefer to use the H-2A program over hiring U.S. workers because they see foreign workers as “exploitable.” American employers often fight against new H-2A regulations, alleging that the program is already too “expensive” and “bureaucratically complex.”
Prism Reports
July 1, 2024
For hardcore policy wonks, the Economic Policy Institute(EPI) did a deep dive into the SEDM last month: here’s how it works in summary.
Republicans claim that by offering low-cost non-union labor and little to no regulatory oversight to massive corporations, they’re able to “attract business to the region.” This, they promise, will cause (paraphrasing President Kennedy out of context) “a rising tide that lifts all boats.”
Raw Story
July 1, 2024
Subsequently, the Economic Policy Institute, a think tank partly funded by labor unions, argues that the U.S.’s recovery from the pandemic in the following months reversed this trend, driving real average wage growth down as many of these low-wage workers rejoined the labor force.
FactCheck.org
July 1, 2024
“The macroeconomic story is strong. But there is a huge disconnect between reality and people’s perceptions, which points to a lot of misinformation about the economy,” says Heidi Shierholz, the president of the Economic Policy Institute in Washington.
“It’s that one-two punch of high price levels from the burst of inflation, and misinformation,” she adds.
…
An EPI study, opens new tab in March found that real hourly wages for the lowest 10% of earners grew 12.1% between 2019 and 2023. In the same period, middle-wage workers experienced 3.0% real wage growth, while the wages of the top 10% of earners grew just 0.9%.
Reuters
July 1, 2024
However, for everyone else, it has been detrimental, as wage growth has not kept up with productivity growth. Figures provided by the Economic Policy Institute reveal that productivity rose 74% between 1973 and 2013, but the average hourly wage earned by workers gained only 9%.
Business Insider
July 1, 2024
The last time the federal minimum got a boost was in 2009, when skinny jeans were king and the Black Eyed Peas topped the Billboard Hot 100. It’s the second-largest stretch without an increase since the minimum wage was created in 1938, said Sebastian Martinez Hickey, a state economic analyst with the Economic Policy Institute.
During that time, “it’s declined in its purchasing power and its value by more than 40%,” Martinez Hickey said.
Marketplace
July 1, 2024
Here’s everything we talked about today:
Marketplace Make Me Smart podcast
July 1, 2024
The Economic Policy Institute notes that the rule will protect retirement investors who seek professional advice and ensure that investment professionals act in their clients’ best interests.
Investopedia
July 1, 2024
This week, Goldy and Paul talk to Chandra Childers, a senior policy and economic analyst at the Economic Policy Institute and author of their recent report on the Southern economic development model. Although the Southern economic development model is touted as a business-friendly strategy, it has devastating consequences for workers and families in Southern states. Childers explains how this economic model is rooted in racism and economic exploitation and has led to lower wages, weaker safety nets, and fewer opportunities for workers. They also discuss how some Southern states are bucking this trend and attempting to adopt more progressive policies, as well as the potential impact of renewed unionization efforts in the region.
Pitchfork Economics
July 1, 2024
CEO compensation rose nearly 1,045% between 1978 and 2022, according to a report from the Economic Policy Institute released in September 2023. T
Clickable
July 1, 2024
Last March, one member of California’s legislature floated legislation for a 32-hour workweek to become national law, with the backing of the AFL-CIO and the Economic Policy Institute. The bill failed to find traction.
Fortune
July 1, 2024
There are numerous sources that provide authoritative analyses of racial disparities, including the Federal Reserve Board, the Urban Institute, and the Economic Policy Institute. Explaining what generates racial disparities can be found in a new book, The Economics of Structural Racism, or in the stratification economics literature.
American Prospect
July 1, 2024
According to the Economic Policy Institute, U.S. employers spend more than $400 million per year on union avoidance persuaders like the Labor Pros, which lists its address in reports to the government as either a building in downtown Orlando near Lake Eola or the UPS office on East Central Boulevard.
Orlando Weekly
July 1, 2024
A 2022 report by the Economic Policy Institute, found that in the United States the vast majority of domestic workers — more than 90 percent — are women; just over half are Black, Hispanic, or Asian American and Pacific Islander women; and they tend to be older than other workers.
Associated Press
June 27, 2024
The Economic Policy Institute reported that American employers prefer to use the H-2A program over hiring U.S. workers because they see foreign workers as “exploitable.” American employers often fight against new H-2A regulations, alleging that the program is already too “expensive” and “bureaucratically complex.”
Prism Reports
June 27, 2024
A 2022 report by the Economic Policy Institute, found that in the United States the vast majority of domestic workers — more than 90 percent — are women; just over half are Black, Hispanic, or Asian American and Pacific Islander women; and they tend to be older than other workers.
Associated Press
June 27, 2024
The Economic Policy Institute reported that American employers prefer to use the H-2A program over hiring U.S. workers because they see foreign workers as “exploitable.” American employers often fight against new H-2A regulations, alleging that the program is already too “expensive” and “bureaucratically complex.”
Prism Reports
June 27, 2024
Speakers this week will tackle each of these issues and offer policy recommendations for narrowing the wage gap. Guest Speakers – Dr. Michelle Holder, Associate Professor of Economics at John Jay College, City University of New York – Dr. Michael Reich, Professor of Economics and Chair, Center on Wage and Employment Dynamics at the Institute for Research on Labor and Employment, University of California at Berkeley – Dr. Heidi Shierholz, President, Economic Policy Institute – Dr. Austin Clemens, Senior Fellow, Washington Center for Equitable Growth
Ethnic Media Services
June 24, 2024
Wage theft affects every aspect of our economy, none more than the workers that directly feel its effects, most often low-wage earners, disproportionately women, immigrants and people of color. The crime takes many forms: not paying minimum wage or overtime, denying meal breaks, unpaid sick leave, tip theft and bounced paychecks. The costs add up, no matter how you look at them. According to the Economic Policy Institute, the average worker lost an equivalent of a month and half of rent, or money to cover critical household costs, such as child care and groceries.
San Jose Spotlight
June 24, 2024
In 2017, Trump’s Labor Department proposed a change to the minimum wage regulations that would have allowed employers to pool workers’ tips and then keep the tips, if they wanted. One estimate from the Economic Policy Institute found that if the Trump proposal had gone into effect, employers would have pocketed $5.8 billion of workers’ tips.
MSNBC.com
June 24, 2024
You’ll need to earn around $25 per hour to live on your own in the United States’ 25 largest cities.
That’s a median figure: You’ll need more in cities like San Francisco or Boston, and less in San Antonio or Detroit. The money covers a single person’s basic expenses like housing in a studio apartment, food, health care and transportation, based on estimates from the nonprofit Economic Policy Institute’s Living Wage Family Budget calculator.
CNBC
June 24, 2024
The unemployment rate among Black Americans has consistently been twice that of white Americans, according to the Economic Policy Institute, while in a 2021 Gallup poll, one in four Black and Hispanic workers in the US reported recent discrimination at work.
Financial Times
June 24, 2024
Education Week
June 24, 2024
“Hitting retirement age has nothing to do with economic prospects, nothing to do with the strength of the economy. It is just naturally declining because of this composition effect.”
AFP
June 24, 2024
The slow but mostly steady decline in Black poverty stems from expansions of Social Security to cover occupations such as agricultural and domestic workers that had initially been excluded from the program, along with improved access to jobs and higher education driven by the civil rights movement, according to the Economic Policy Institute, a liberal-leaning think tank.
Politifact
June 24, 2024
Thanks to state-level minimum wage hikes and a tight labor market, low paid and historical disadvantaged workers saw the fastest wage growth between 2019 and 2023, although wage growth has slowed as pay for managers increases. However, wages for jobs at the bottom of the pay scale remain insufficient to make ends meet, and the wealthiest earners keep taking bigger pieces of the pies off the top.
“Low- and moderate-wage workers typically have seen very little wage growth over the past 40 years, and that makes it harder and hard to make ends meet,” Gould said. “They were barely making ends meet before and they are still barely making ends meet today, and they are not able to get head because of the four decades up to about 2019.”
Truthout
June 24, 2024
The Economic Policy Institute estimates that employers steal up to $50 billion in wages from American workers every year, exceeding violent theft and auto robberies combined.
Jacobin
June 24, 2024
Reshoring and the push to grow US manufacturing are compounding the worker shortage, with Ms Andrias saying “some firms appear to be turning to children to help keep wages low”. These are often unaccompanied migrant children — a crisis at which southern states are at the coalface — whom employers can “potentially exploit with impunity”, says Economic Policy Institute analyst Nina Mast.
fDi intelligence
June 24, 2024