And pay has been generally rising, rising faster than inflation for 16 months in a row, according to the Economic Policy Institute. Wage growth has, the EPI says, been strongest for lower-wage workers.
Atlanta Journal Constitution
October 21, 2024
Project 2025 calls for undoing the Biden administration’s overtime pay expansions and also proposes ways for employers to avoid paying it to those who do qualify, eroding its status as a bedrock labor protection.
In each of Project 2025’s overtime provisions, “Workers do not get any additional benefits. It is only employers who get additional benefits,” said Heidi Shierholz, an economist with Economic Policy Institute Action, a nonpartisan advocacy group focused on economic issues. Employers are granted various ways to avoid paying extra for extra work while benefiting from a worker’s labor. “It is an extremely anti-overtime agenda,” she said.
Capital & Main
October 21, 2024
The Economic Policy Institute though, believes that to be in the top 1% of…[paywall].
Forbes
October 21, 2024
Sinclair Broadcast Group
October 21, 2024
Along with those in the industry pushing for less child labor protections, legislators in more than 30 states have taken steps to weaken them since 2021, Governing for Impact, the Economic Policy Institute and Child Labor Coalition wrote in their report.
NewsNation
October 21, 2024
“Since 2014, 12 states have passed minimum wage increases through ballot measures,” Martinez Hickey told CNBC.
In many states, he added, “a statewide ballot initiative is the only plausible pathway, because conservative legislatures have failed to raise the wage.”
CNBC
October 21, 2024
Former President Donald J. Trump, the Republican candidate, makes big claims about the gains Black workers made under his watch, saying that he had the “lowest African American unemployment rate” and “the lowest African American poverty rate ever recorded.” But those measures improved even more under the Biden administration, with joblessness touching a record low and poverty falling even further.
“Currently, Black workers are doing better than they were in 2019,” said Valerie Wilson, a labor economist whose work focuses on racial disparities at the liberal-leaning advocacy organization EPI Action.
New York Times
October 21, 2024
It’s been thirty years since NAFTA was signed into law and it’s been highly criticized by both Republicans and Democrats across the board. Critics say even though it created a huge economic boom in trade, it hurt American jobs. The Economic Policy Institute estimates NAFTA caused the loss of around 700,000 U.S. jobs from 1994 to 2013, many of those from companies moving to Mexico.
WJLA
October 21, 2024
The salary of Chief Executive Officers significantly declined in 2023 despite a robust stock market, according to a recent report. CEO pay was still astoundingly high-290 times higher than the ordinary worker-despite this drop.
The Economic Policy Institute’s study revealed that in 2023, there was an almost 20% decline in the total compensation received by chief executives of publicly traded corporations. Experts are puzzled by this surprising trend because executive salary usually follows the performance of the stock market.
ND-TV
October 21, 2024
Kyle Moore, an economist with Economic Policy Institute Action, tells The Progressive that Harris’s policies are extensions of those put forth by the Biden Administration to help the economy recover from the pandemic. The expanded child tax credit played a vital role in that recovery effort by helping to cut child poverty in half, according to an analysis by the Brookings Institution.
“Harris’s plan is looking at what worked and what brought us out of the pandemic recession, and doubling down on those policies and expanding them so that more people can take advantage of them,” Moore says.
The Progressive Magazine
October 21, 2024