“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
According to the latest annual report on chief executive compensation by the Economic Policy Institute (EPI), the heads of the 350 largest publicly owned U.S. companies saw their 2023 pay shrink by an average 19.4 percent compared to 2022. The reason for that decline is a bit hazy, though it’s clear from the numbers those CEOs will survive. On average, top corporate bosses took home total packages worth $22.2 million last year, down from $27.6 million in 2022. The drop, the study noted, “was large compared” with what it said were stable or higher average stock values of companies involved, and the wider Wall Street boom.
Inc.
October 21, 2024
In 2023, however, overall CEO compensation—which includes salary, bonuses, stock awards, and stock options—actually dropped by nearly 20%, according to a recent analysis by the Economic Policy Institute (EPI). That means CEOs were only paid 290 times as much as the average worker, a sharp decline from previous years. (Just a year before, in 2022, CEOs received 360 times the pay of the average worker.)
Fast Company
October 21, 2024
The Milwaukee Journal Sentinel
October 21, 2024
Some state governments are gutting child protections as rates of child labor violations, injuries and chronic school absenteeism rise, according to a report released Tuesday.
Produced by the Governing for Impact, the Economic Policy Institute and the Child Labor Coalition, the report suggests actions the Biden-Harris administration can take to combat a surge in child labor violations around the country, including a trend of some states passing legislation to roll back child labor protections.
EdSource
October 21, 2024
Features interview with Adam Hersh as part of EPI Action on Trump/Harris economic policies.
Fox 40 Sacramento
October 21, 2024