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.
Restaurant Dive
December 16, 2024
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.
Louisville Courier Journal
December 16, 2024
New information this week helped to show how much workers have gained under Biden: The Economic Policy Institute reported yesterday that “Wage inequality fell for the second year in a row in 2023” in America.
“Average real earnings mostly held steady in 2023 (–0.1%) as inflation receded, but there were significant differences across the earnings distribution,” EPI writes. “The bottom 90% experienced the only growth of any group in 2023 (+0.9%), while the top 5% and the top 1% experienced losses of 2.0% and 3.3%, respectively. Even the top 0.1% experienced real wage losses in 2023 (–4.7%).”
Civic Ventures
December 13, 2024
In 1965, the CEO-to-worker pay ratio was 21-to-one, meaning it would take 21 years for a typical employee to match what their CEO made in a year. In 2022, the ratio was 344-to-one, according to the Economic Policy Institute, with a projected average …
Bloomberg
December 12, 2024
She added, “In fact, the Economic Policy Institute finds Virginia’s teacher wage penalty, the gap between education attainment and commensurate private sector pay, to be the worst in the nation,” a problem that needs to be addressed at multiple levels in the state “if Falls Church wants to continue to be able to be competitive in our hiring.”
Falls Church News Press
December 12, 2024
A 2019 study by the Economic Policy Institute showed that the median white family had $184,000 in family wealth (property and cash), while the median Latino family had $38,000 and the median Black family had $23,000.
Sacramento Observer
December 12, 2024
I needed to dig deeper to find out why southern Illinois is now becoming a very expensive place to live. The answer is on the Economic Policy Institute website. They have 8 different categories with data from this year, 2024. It can be summed up in two words: Health Care
KHMO radio
December 10, 2024
“They will create all sorts of weird unintended effects. No big problem currently facing US working families is really addressed,” Dr. Josh Bivens, a chief economist and senior researcher with the Economic Policy Institute, previously told The Independent.
The Independent
December 10, 2024
Working later in life is a privilege belonging largely to white-collar professionals. The well-educated, affluent and already healthy are far and away more likely to keep going past 65. Yet people in physically taxing jobs often leave the workforce before they’re financially ready to retire, according to an Economic Policy Institute report.
The Washington Post
December 10, 2024