At the same time, teachers often dig into their own bank accounts to pay for classroom supplies. An Economic Policy Institute analysis three years ago found the average teacher spent $459 a year on classroom supplies. The highest inflation in 40 years hasn’t helped.
Patch
April 29, 2022
For workers, winning a vote to form a union is only the first step in a steep and lengthy slog. Some employers drag out the negotiating process. Others simply refuse to talk. A 2009 Economic Policy Institute study found that fewer than half of new collective bargaining units have a contract after a year, only 70 percent after three years.
The Berkshire Eagle
April 29, 2022
Despite the growth, NEA data shows that Arizona teachers are still paid well below other college graduates in the state. Citing a reporting from the Economic Policy Institute, Arizona public teachers make about $0.68 for every dollar earned by other workers with comparable degrees.
ABC 15
April 29, 2022
Even if wage hikes continue at the torrid 8.1% pace of 2019-21, it would take 10 years for a worker in the 20th percentile of wages to reach $20 an hour, according to calculations by Lawrence Mishel, a distinguished fellow at the Economic Policy Institute, cited by Fast Company.
The Street
April 29, 2022
In addition to the federal guidelines, each state has adopted its own guidelines for employers, which should be reviewed for every state where your clients have workers. According to the Economic Policy Institute (EPI), more than 20 states have adopted the ABC test for determining whether an individual is an employee or an independent contractor.
CPA Practice Advisor
April 29, 2022
Analysis done by the Economic Policy Institute says by 2030, we could lose up to 75,000 auto jobs in the USA, depending on how many internal combustion vehicles are still being made.
ABC 7
April 29, 2022
A substantial bloc of economists are contending that wages are receiving too much blame for inflation. A recent analysis across 110 industries by the Economic Policy Institute, a progressive think tank based in Washington, concluded that wage growth wasn’t correlated with the surge in costs that suppliers dealt with last year, suggesting that much of inflation could still be stemming from other forces, like supply chain imbalances.
The New York Times
April 29, 2022
According to the Economic Policy Institute, a nonprofit think tank, a single adult can expect to pay an estimated $11,026 on housing in 2022. This amount varies across the country, however. In some states housing costs are far lower than the national average, while in others, Americans are paying thousands more.
24/7 Wall St.
April 29, 2022
The Economic Policy Institute, who has now completed their Company Wage Tracker project, aimed at compiling data showing how 66 big name retail and food industry companies pay workers less than $20 per hour. The project then breaks down the data into more discrete pay brackets to show the discrepancies between wages, from executive level to front line workers.
Mashed
April 29, 2022
“Low pay is not limited to ‘mom-and-pop’ stores—it is also widespread in big box stores, restaurants, and grocery stores that often have high CEO pay and revenue,” said Ben Zipperer, economist at Economic Policy Institute. “A higher minimum wage and unions can put corporate greed in check and raise wages throughout the labor market.”
Eat This, Not That
April 29, 2022
“We’ve dug ourselves a really, really deep hole over the past four decades,” says Lawrence Mishel, a distinguished fellow at the Economic Policy Institute. “You don’t fix that in a year or two.”
Fast Company
April 29, 2022
McDonald’s workers have some of the lowest wages in the fast-food industry, according to new data released by the Economic Policy Institute (EPI). The Wage Tracker project from EPI found that 23% of McDonald’s workers make less than $10 per hour, based on survey results collected in March and November 2021.
Business Insider
April 29, 2022
In 2021, median CEO compensation reached $20 mn, a 31 percent increase from the previous year due to big jumps in stock awards and cash bonuses based on market performance and company productivity. CEO pay consists of wages plus bonuses, long-term incentives and stock options, which comprise around 85 percent of CEO compensation, according to Lawrence Mishel of the Economic Policy Institute.
IR Magazine
April 22, 2022
Rising unemployment and recessions go hand in hand. When the economy is in a downturn, companies have to make cuts to stay afloat. In the case of the COVID recession, young adults were hit the hardest by pandemic-related job losses, according to a report from the Economic Policy Institute, a left-leaning think tank.
MarketWatch
April 22, 2022
According to the Economic Policy Institute, between 2011-12, 57.9% of non-education Ph.D. students worked as graduate student assistants. In my own undergraduate education here at IU, they have been insightful discussion leaders and great advisors in office hours. Indeed, graduate student workers do all this at a fraction of a tenured professor’s salary, all the while the administration rakes in tuition money.
The Herald Times
April 22, 2022
“Employers spend about $340 million a year on consultants to prevent union elections, according to a 2019 report from the Economic Policy Institute. Laboratory Corp. of America spent $4.3 million on these efforts between 2014 and 2018, while FedEx spent $837,000 over the same period and Quest Diagnostics (one of America’s largest COVID-19 testing companies) spent $200,000 between 2015 and 2017. The EPI also found that consultants can get paid $350-plus an hour or $2,500-plus a day.”
AFL-CIO Blog
April 22, 2022
Productivity rises faster than wages. Since the Economic Policy Institute published the famous alligator graph first in the 1980s with the wide jaws of productivity going up and wages going down, workers have been giving more to the economy than they have been getting.
Forbes
April 22, 2022
A teaching shortage has been sweeping the country, according to data from the Economic Policy Institute. Especially in low-income and rural areas, school districts are lacking teachers with proper credentials to serve children.
Deseret News
April 22, 2022
Between 2013 and 2015, bad actor businesses stole an estimated $429 million in wages and overtime pay, according to research by the labor union-backed Economic Policy Institute.
The Detroit News
April 22, 2022
The Economic Policy Institute says on average, teachers earn 19.2% less than comparable graduates.
LEX 18 News
April 22, 2022
Taxes can and should be fairer. If there is a chief flaw in our tax system, it is the way it has grown increasingly regressive in recent decades. North Carolina, for instance – a state in which the system is still better than some that don’t even include an income tax – the richest one percent pays only about half as much of their incomes in state and local taxes as low- and middle-income people. As a recent report from the Economic Policy Institute also makes clear, a big part of the problem has been the “growing erosion of state corporate income taxes has been a prime source of revenue weakness over this time.”
NC Policy Watch
April 22, 2022
A new report by the Economic Policy Institute reveals the breadth of the problem. In Tennessee, more than 60% of corporations pay zero dollars in state corporate income taxes.
The Tennessean
April 22, 2022
Taxes were due on Monday for individuals and many corporations. But a new report from the Economic Policy Institute suggests many corporations in Connecticut may not be paying much at all.
CT Public Radio
April 22, 2022
A new study by the Economic Policy Institute shows that the effective state and local tax rate on corporate profits shrunk by between a third and a half between 1989 and 2017. This has a resulted in a revenue loss “estimated to be at least $43 billion and possibly as high as $57 billion.”
Urban Milwaukee
April 22, 2022
In a new report from the Economic Policy Institute (EPI), over 60 percent of corporations in Connecticut, Illinois, Michigan, Tennessee and Wisconsin paid zero state corporate income taxes in varying periods between 2015 and 2019. In Colorado, 71 percent of corporations didn’t pay income taxes between 2017 and 2019, and in Florida, a whopping 92 percent of corporations paid zero income taxes between 2016 and 2019.
Truthout
April 22, 2022
According to new research from the Economic Policy Institute, the effective state and local tax rate on corporate profits dwindled by between a third and a half between 1989 and 2017, resulting in a revenue shortfall between $43 billion and $57 billion.
Counterpunch
April 22, 2022
The Detroit News
April 22, 2022
An alarming report from the Economic Policy Institute that was released April 14 has state taxpayers extremely frustrated
Fox 17
April 22, 2022
Ten states have or are planning to institute a mandatory minimum wage of $15 an hour, and plenty of companies, hoping to lure workers, already pay that much. Still, not every employer has met what many think of as a more-realistic living wage. According to the Economic Policy Institute, a nonprofit, nonpartisan think tank, these major chains have the largest percentages of workers making less than $15 an hour.
Cheapism
April 22, 2022