Child care costs are a well-established burden on Colorado families. The nonpartisan, nonprofit think tank Economic Policy Institute estimated infant care costs an average of $15,325 a year for Colorado households, higher than average in-state college tuition and yearly rent costs. The state is ranked eighth overall for highest-cost child care.
Denver Gazette
December 2, 2024
This stark disparity highlights a broader trend: while worker productivity has increased by 61.8% since 1979, wages have grown by only 17.5%, according to the Economic Policy Institute.
Common Dreams
December 2, 2024
- In the rarefied top 0.1 percent, the average earnings were more than $2.8 million in 2022.
Here is how a few remaining categories break down by cohort and year.
Dollar figures are in 2022 dollars.Source: Economic Policy Institute analysis of Social Security Administration data
Bankrate
December 2, 2024
The study comes as the Census Bureau reported in September that the U.S. median household income last year was $80,610, a 4% increase from 2022. The Economic Policy Institute said that falling inflation, millions more jobs and an increase in wages are responsible for the increase.
Palm Springs Desert Sun
December 2, 2024
Between 1979 and 2024, productivity in the U.S. soared by 80.9%, while hourly pay grew by just 29.4%, according to research by the Economic Policy Institute.
CNBC
December 2, 2024
Cost of living measures the requirements to maintain an overall lifestyle. The Economic Policy Institute’s incisive model in 2024 is based on specific costs of living for families defined as two parents and two children in different regional areas. The costs are minimal excluding purchases that many take for granted for a basic lifestyle.
Common Dreams
December 2, 2024
For the Economic Policy Institute, Celine McNicholas outlined “the policies that will determine whether Trump’s labor secretary pick supports workers.”
“Chavez-DeRemer has stated that ‘working-class Americans finally have a lifeline’ with President-elect Trump in the White House. If workers truly have an ally in Chavez-DeRemer, she will advance policies that improve workers’ lives. Here are a few policies that will reveal whether the second Trump administration will actually aid working-class Americans,” McNicholas said. “Win funding for the Department of Labor (DOL) that enables the agency to serve the U.S. workforce… Chavez-DeRemer should fight for and secure at least a $14 billion budget to ensure that U.S. workers have health and safety inspectors and wage and hour investigators on the job to enforce their rights.”
Tangle
December 2, 2024
On the left, meanwhile, cautious optimism is paired with the memory of what happened before, when Trump first entered the White House. As the Economic Policy Institute notes, the president-elect has a proven record of coupling “populist pro-worker rhetoric” with “an anti-worker agenda.”
Salon
December 2, 2024