Over the years, the “productivity-pay gap” shows how working hard doesn’t always get you far. The Economic Policy Institute (EPI) explains this as the difference between the growth of the economy (“productivity”) and workers’ wages (“pay”).
MoneyWise
August 12, 2024
Recent Supreme Court challenges to reforms enacted by the Federal Trade Commission (FTC), including a ban on “non-compete clauses”, show how hard it is to advance progressive policies, said Heidi Shierholz, who runs the left-leaning Economic Policy Institute:
“It feels like it’s a heyday for progressive economics in terms of the public discourse, but there are so many obstacles in the path of actually seeing the realization.”
Reuters
August 12, 2024
Nearly 30 percent of US workers, roughly 44 million people, make less than $17 per hour, according to the Economic Policy Institute.
The Independent
August 12, 2024
For this campaign, we collected data from Zillow, Indeed, the U.S. Census Bureau, the Economic Policy Institute and the U.S. Bureau of Labor Statistics to determine which metropolitan areas are the most favorable for recent college graduates. We analyzed 70 of the largest metropolitan areas in the U.S. based on the region’s size, comparing the cities across the following metrics:
MarketWatch
August 12, 2024
“They have not, in terms of precedent-setting matters, unchecked the boxes” across the board — like Trump-era rules letting employers restrict workers’ use of company email for organizing and to discipline employees in a new union before contract talks — said McNicholas, who is now the director of policy and general counsel at EPI Action, part of the left-leaning Economic Policy Institute think tank.
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Trump also oversaw a drop in union election petitions. “When you know that you have a board that is particularly hostile to workers, the logical, sensical thing of the organizers is to think, ‘Well, I don’t want this question to come before this board,’” McNicholas said.
NBC News
August 12, 2024
Let’s not forget, since 1933, America’s economy has grown at an annual average rate of 4.6 percent under Democratic presidents and only 2.4 percent under Republicans (Economic Policy Institute, April 2).
Daily Montanan
August 12, 2024
According to data from the Economic Policy Institute, New Mexico ranks 45 out of 50 for income inequality in the United States.
KRQE Albuquerque
August 12, 2024
According to the Economic Policy Institute, a nonprofit and nonpartisan think tank, policies and subsidies are most impactful when families pay no more than 7% of their income toward child care. If child care costs were capped at 7%, more parents would join the workforce — and many of these would be women. The EPI estimates that a statewide reform like this would “expand Indiana’s economy by 1.0%. That’s $3.7 billion of new economic activity.”
Indy Star
August 12, 2024
In 2017, Mr. Trump’s Labor Department proposed changing federal regulations to allow employers to collect tips that their workers receive and use them for essentially any purpose as long as the workers were paid at least the federal minimum wage of $7.25 an hour. In theory, the flexibility would make it possible for restaurant owners to ensure that cooks and dishwashers received part of a pool of tip money, but in practice employers could pocket the tips and spend them at their discretion.
The Economic Policy Institute, a left-leaning think tank, estimated at the time that the policy could cost tipped workers $5.8 billion a year.
New York Times
August 12, 2024
An estimated 4.3 million Americans would become eligible to be paid for extra hours worked under the U.S. Department of Labor’s new overtime rule, and they could expect to collect $1.5 billion in additional wages annually, according to an estimate by the Economic Policy Institute.
Arkansas Times
August 12, 2024