In New York, the typical monthly cost of childcare for two children is $2,634, while the typical cost of housing is $2,451, according to a family budget calculator by the Economic Policy Institute, which estimates the costs of living around the country.
Fortune
November 4, 2024
This proposal would remove the governmental power to decide whether certain jobs are too dangerous for children, and place that power instead in the hands of parents. The suggestion is part of a larger right-wing movement to loosen federal and state restrictions on child labor. The think tank Economic Policy Institute noted that from 2021 to 2023, largely a period of low unemployment, at least 10 state legislatures moved to weaken child labor laws, and rollbacks were enacted in Arkansas, Iowa, New Hampshire and New Jersey.
Truthout
November 4, 2024
In April of this year, the nonpartisan Economic Policy Institute (epi.org) established that since 1949, the nation’s annual real growth has been 3.79% under Democratic administrations and only 2.6% under Republican administrations. In terms of total job growth over those same years it has been 2.5% annually under Democrats compared to about 1% under Republicans. Furthermore, business investment has grown more than double the rate under Democrats and average rates of inflation are lower under Democrats.
Hudson Star Observer
November 4, 2024
Atlanta Journal Constitution
November 4, 2024
Former aides and allies of Warren’s, and former staff members at think tanks like the Economic Policy Institute, wound up on the Council of Economic … [paywall].
The New Yorker
October 28, 2024
Elise Gould, a senior economist at the Economic Policy Institute, explained how, in recent years, labor market tightness, particularly in industries such as health care and hospitality, has put upward pressure on wages.
“Coming out of the pandemic, employers had to work harder to attract and retain workers,” Gould said. “And so you saw wage growth, you saw some bonuses, you saw all sorts of different things happening to attract workers.”
Society for Human Resource Management
October 28, 2024
Many corporations increased profits. The Economic Policy Institute says that from 1973 to 2019, profits amounted to 11.5% of price growth, with labor making up 62%. From 2020 to 2021, it was 54% profits and 8% labor. Tyson Foods doubled profits in 2021 and 2022 as inflating prices cost people millions.
Reading Eagle
October 28, 2024
And a September report by the Economic Policy Institute found that a spike in profits explains well over 40% of the rise in prices between the end of 2019 and mid-2022.
Capital and Main
October 28, 2024
Half of low-wage workers are married or have children, and low-wage workers are more likely to be at or near poverty and consequently dependent on public assistance programs. The Labor Center researchers mined these statistics and other data from the U.S. Census Bureau, the Economic Policy Institute and the California Employment Development Department, creating an online data explorer that describes the low-wage workforce in California.
Sacramento Bee
October 28, 2024