What Democrats can point out in defense is rising wages relative to inflation. According to the Economic Policy Institute, average wages have beat the rise of inflation for the past year. Senate President Pro Tempore Sen. Patty Murray (D-WA) noted that in a recent post.
Washington Examiner
August 20, 2024
The inflation-adjusted wage spike early in the pandemic was somewhat misleading, both because 20 million low-wage service workers left the workforce temporarily and because prices for some things such as gasoline temporarily plummeted, noted Josh Bivens, chief economist at the left-leaning Economic Policy Institute in Washington, D.C.
As the economic recovery has progressed, workers are doing slightly better, Bivens said.
“On the one hand, all else equal, you’d want better wage growth over four and a half years,” Bivens said. “On the other hand, we suffered a horrible economic shock in that period. Relative to other recessions and recoveries, this is superb wage performance, even with the inflation.”
Stateline
August 20, 2024
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