“There is no easy way to tell whether a unit of government is correctly reporting obligations or whether it has made mistakes,” according to the independent nonprofit Economic Policy Institute. “Some states, cities, and counties may be mistakenly reporting items obligated that are, in fact, only budgeted.”
Green Bay Gazette
January 8, 2025
This comes as Colorado has some of the most-expensive childcare in the nation. According to the Economic Policy Institute, infant care for one child would take up 21% of a median family’s income in Colorado, making it “unaffordable” for the average family and “out of reach for low-wage workers.”
The Center Square
January 8, 2025
The Economic Policy Institute, a left-leaning think tank, estimates that more than 9 million workers around the country will get raises on Jan. 1, with an average increase of about $400 for the year for those who work full-time. EPI says most of those workers will be women, and a disproportionate share will be Black or Latino.
Huffpost
January 8, 2025
..typical worker’s earnings rose by only 24%, as reported by the Economic Policy Institute, a nonpartisan think tank. CEOs earned…[paywall].
Forbes
January 8, 2025
There is an earnings cap on Social Security’s funding payroll taxes, and high earners making over $160,200 (as of 2023) are exempt. This skewing of the tax structure, with the greater share of wealth going to the rich, is hurting Social Security’s FICA income, as the Economic Policy Institute has documented.
Truthout
January 8, 2025
New York is one of 21 states raising their minimum wages, boosting income for a total of 9.2 million workers nationwide, according to the Economic Policy Institute. The new wage floors in neighboring Connecticut and New Jersey are $16.35 and $15.49, respectively. California’s rises to $16.50, on par with New York’s downstate area.
Poughkeepsie Journal
January 8, 2025
“Wage theft can happen to anyone. It’s any time a worker is not paid the money for the labor that they do,” said Margaret Poydock, a senior policy analyst at the Economic Policy Institute.
Capital & Main
January 8, 2025
“When there are teacher shortages in districts, it means that students aren’t getting the adequate attention in education they need to succeed and thrive in today’s education, and, frankly, in their workforce when they graduate,” said Hilary Wething, an economist who covers labor markets and the ongoing national teacher shortages at the Economic Policy Institute.
Richmond Confidential
January 8, 2025
…was just 15-to-1 in the US. According to the Washington-based Economic Policy Institute, it is now 221-to-1. Other estimates suggest it is…
Irish Times
January 8, 2025