Later in 2025, a handful of states and a couple dozen localities will also boost their minimum wages. The upshot: A total 23 states and 65 cities and counties – a record 88 jurisdictions – will lift their pay floors sometime next year. The increases will directly affect 3 million workers earning minimum wage and indirectly nudge up pay for 6.2 million higher-paid employees because of ripple effects on company pay structures, according to the left-leaning Economic Policy Institute.
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Alaska, Florida, Hawaii, Missouri and Nebraska will hit the $15 benchmark by 2026 or 2027. That makes 16 states with nearly half the U.S. workforce in states with pay floors of $15 or higher within the next three years, according to NELP and EPI.
USA Today
December 9, 2024
Ultimately, the unemployment rate measures how many people are actively looking for work, and Black people have always been resilient in their job searches. Valerie Wilson of The Economic Policy Institute suggested that Black people have always been actively searching for work, but are having a harder time finding positions.
NewsOne
December 9, 2024
A 2017 study by the Economic Policy Institute, for example, showed that inequality reduced aggregate-demand growth by 2-4 percentage points of GDP per year between the late 1970s and 2012.
Project Syndicate
December 9, 2024
The Economic Policy Institute, for example, argued in 2022 that the education funding “needs an overhaul,” insisting “federal government plays a small and insufficient role” in public school funding and that the current system is “inadequate and inequitable.” Without federal oversight, critics of Trump’s plan fear that disparities between higher-income and underserved school districts could widen.
Fox News
December 9, 2024
Heidi Shierholz, president of the left-leaning Economic Policy Institute, applauded Trump’s choice of Chavez-DeRemer as secretary of Labor. Chavez-DeRemer has personal connections to the labor movement. But Shierholz wondered what difference she would be able to make. As with Trump’s Labor secretary in his first term, Alex Acosta, she said Chavez-DeRemer was likely to face significant constraints.
“Trump doesn’t suffer dissent; I don’t have high hopes,” Shierholz said.
LA Times
December 9, 2024
The U.S. economy has added an average of 173,000 jobs monthly over the past three months, Economic Policy Institute senior economist Elise Gould noted in an analysis of the new Labor Department figures.
Common Dreams
December 9, 2024
According to a study by the Economic Policy Institute, that gap increased by 7.6 percent between 2010 and 2021, causing the average weekly wages of teachers…[paywall].
Boston Globe
December 9, 2024
“One of the first anti-union moves we’d expect would be that he will fire pro-labor appointees at federal agencies, beginning with Jennifer Abruzzo,” the Economic Policy Institute’s Director of Government Affairs and Advocacy Samantha Sanders told Truthout. “As general counsel at the NLRB, Abruzzo is arguably one of the most effective forces for workers in the Biden administration, and has taken a lot of proactive steps to defend workers’ rights to form unions and to hold employers accountable for illegal union-busting activities.”
Truthout
December 9, 2024
Unions can help shrink the so-called public-sector wage gap, according to a report from the Economic Policy Institute, at a time when many state and local governments continue to face staffing shortages.
Orlando Weekly
December 9, 2024
The average top American CEO took home $22.2 million in 2023, according to data from the Economic Policy Institute. Meanwhile the average American earns roughly $59,228 per year, according to the Bureau of Labor Statistics.
Salon
December 9, 2024