Economists Elise Gould and Josh Bivens at the Economic Policy Institute, a nonpartisan think tank, wrote that the improving income data showed that post-pandemic fiscal relief helped the labor market quickly recover after the COVID-19 slowdown.
“Today’s data highlight the extraordinary strength of the recovery from the economic crises caused by the pandemic,” they wrote in a blog post.
Investopedia
September 12, 2024
Others also question the authenticity of some companies and organizations who “celebrate” this month for optics, but don’t focus on the issues facing the communitylike the fact that Latina women make less than anyone else at 55 to the dollar a White man makes, or that Hispanic men made 14.9 percent less in hourly wages than comparable White men, according to the Economic Policy Institute.
Reader's Digest
September 9, 2024
Some studies, including a February 2024 Economic Policy Institute report, have found “a growing economy that is adding jobs for both immigrants and U.S.-born workers.”
El Paso Inc.
September 9, 2024
Between 2019 and 2023, the number of U.S. school bus drivers fell by 15%. Those who remain still don’t make much money: an average of $20 an hour, with just 32 hours of work a week, according to the Economic Policy Institute. The collapse also reflects where schools have been built: school sites have been selected for cheap land, big parking lots and wide roads, rather than nestled within neighborhoods.
Route Fifty
September 9, 2024
Trump’s past policies have suggested a preference toward corporations over union workers, according to the Economic Policy Institute. The institute mentioned in a 2019 report that Trump axed a 2016 rule which would have raised the salary threshold to $47,476 for overtime pay.
The administration later established the salary threshold to $35,568 for overtime pay, lower than the 2016 rule. Anyone who earns below the salary threshold does not receive as much overtime protection.
GO Banking Rates
September 9, 2024
According to Elise Gould, senior economist at the Economic Policy Institute, the employment to population ratio, particularly for women workers, shows that the labor market is in a good place, despite the hiring freeze.
“The employment-to-population ratio for women’s prime-age workers remains at a quarter-century high,” Gould told CNBC. “This remains very strong, even if there is still a little bit of softening in other measures. It makes sense we’ll see some weakness now that we’re approaching full employment.”
Black Enterprise
September 9, 2024
This increase in union activity isn’t just isolated to Ithaca, it’s also being witnessed nationwide. According to a report by the Economic Policy Institute (EPI), Union election petitions filed with the National Labor Relations Board (NLRB) increased by 3% in 2023, and union wins in these elections have been strong, with a reported 80% success rate in the first half of the year.
Ithaca Times
September 9, 2024
GOBankingRates determined the costs using figures from the U.S. Bureau of Labor Statistics, Zillow, the Economic Policy Institute, and others.
Just 10 years ago, the American dream for the average family of four cost $130,000, a number that only one in eight households earned in 2013, USA TODAY reported.
The Desert Sun
September 9, 2024
Diving into the employment-to-population ratio for female prime-age workers, or those ages 25 to 54, paints a very optimistic view of the labor market, according to Elise Gould, senior economist at the Economic Policy Institute.
“The employment-to-population ratio for women’s prime-age workers remains at a quarter-century high,” she told CNBC. “This remains very strong, even if there is still a little bit of softening in other measures.”
“It makes sense we’ll see some weakness now that we’re approaching full employment,” Gould added.
CNBC
September 9, 2024
According to the Economic Policy Institute, Georgia’s annual cost of child care — $8,530 for infants and $7,306 for 4-year-olds — surpasses even the average cost of college tuition in the state.
NBC News
September 9, 2024