Wage theft costs American workers as much as $50 billion a year, according to a 2014 estimate by the Economic Policy Institute, a pro-labor think tank.
Capital Times
February 13, 2025
This week, the Economic Policy Institute (EPI) launched an updated and expanded version of its State of Working America data library, offering researchers, journalists and the public a user-friendly resource for tracking key labor market trends.
Corridor Business Journal
February 13, 2025
“Overcapacity in the global steel industry is plaguing U.S. steel and aluminum producers. China, as the world’s largest and fastest-growing steel producer, has had production capacity that has exceeded the rest of the world combined since 2000,” Adam Hersh, a senior fellow specializing in international trade and industrial policy at the Economic Policy Institute, a Washington think tank, said in an interview with this station.
Radio Free Asia
February 13, 2025
Margaret Poydock, senior policy analyst at the Economic Policy Institute told Newsweek that unions offer several key benefits to workers, including “just cause” rights that protect against arbitrary and unfair dismissals. Union contracts often include legally binding layoff and recall protocols. In contrast, non-unionized workers, who lack these protections, can be fired for almost any reason without notice or severance pay.
Newsweek
February 13, 2025
Arizona State University ranked Ohio 35th in job growth last year. And when the Economic Policy Institute in 2023 looked at state unemployment rates by state since 2007 — the year the Great Recession struck — Ohio ranked near the bottom of states.
Ohio Capital Journal
February 12, 2025
Since 1979, net productivity has grown by 64%, while the hourly pay of typical workers has only increased by 17.3%, according to the Economic Policy Institute. This gap mirrors the economic disenfranchisement seen after the failure to provide land ownership to freed slaves.
Forbes
February 12, 2025
According to the Economic Policy Institute, the global economy has eliminated more than 5 million U.S. manufacturing jobs and nearly 70,000 factories.
Governing
February 12, 2025
Many Americans saw their inflation-adjusted wages decline between 2020 and 2024, economists say. And wages had stagnated for lower- and middle-income Americans before the pandemic.
“People were already sort of feeling strapped, so it’s no surprise that people are feeling strapped now,” said Elise Gould, a senior economist at the left-leaning Economic Policy Institute.
USA Today
February 12, 2025
Arizona State University ranked Ohio 35th in job growth last year. And when the Economic Policy Institute in 2023 looked at state unemployment rates by state since 2007 — the year the Great Recession struck — Ohio ranked near the bottom of states.
Ohio Capital Journal
February 12, 2025