The Economic Policy Institute found that realized equity compensation made up more than 81 percent of total average realized CEO pay at big corporations in 2022.
Inequality.org
July 15, 2024
Adopting this tax policy may also result in employers resisting wage hikes, using the workers’ new tax benefit as an excuse to keep pay stagnant, said Heidi Shierholz, president of the Economic Policy Institute. Businesses also could adopt a tipping model that would move their workers into a lower-wage category, cutting their labor costs, she added.
Bloomberg Law
July 15, 2024
The Biden administration raised that threshold to $43,888 beginning July 1, and that will rise to $58,656 on Jan. 1, 2025. That would grant overtime eligibility to about 4 million workers, the Labor Department said. The Economic Policy Institute, a left-leaning Washington, D.C.-based think tank, put that number at 4.3 million workers.
Politifact
July 15, 2024
Economic Policy Institute Director of State Worker Power Project Jennifer Sherer says Iowa’s child labor law is one of the most extreme in the nation.
“We have been tracking for a couple of years now the alarming trend that there are several states across the country that have actively been attempting to weaken child labor protections just at the same time as violations of child labor standards nationally have been on the rise over the last decade,” Sherer said in a phone interview with WVIK. “And digging into this, it’s very clear that what’s behind this is a coordinated multi-industry attempt to weaken child labor standards and expand employer access to low-wage labor essentially.”
Quad Cities NPR
July 15, 2024
Massachusetts, Connecticut, New York, New Jersey, Maryland, Washington D.C., Washington, and California all have minimum wages of at least $15, according to Economic Policy Institute.
Ohio Capital Journal
July 15, 2024
Cites teacher pay penalty [paywall].
Education Week
July 15, 2024
During the 1950s, union memberships were at their highest percentage ever. At that time, overall income inequality was at its lowest point since reaching its highest before the Great Depression. That claim is backed up by the National Bureau of Economic Research and the Economic Policy Institute.
WFMY News 2
July 15, 2024
Transportation companies and school districts are trying to address a nationwide shortage of school bus drivers. There were an estimated 192,400 school bus drivers transporting K-12 students last September, according to the Economic Policy Institute. That’s down from 289,720 in September 2009.
Erie Time News
July 15, 2024
Figure 3 reports the share and number of all workers in each state who earn less than $15.00 per hour. These data are accessible via the Economic Policy Institute’s Low Wage Workforce Tracker. The LWW Tracker has a sliding wage scale where the amount paid to workers can be set from $10.00 to $25.00. The output in Figure 3 is from the State Data tab where the wage was set at $15.00 to analyze those earning less than that threshold.
Counter Punch
July 15, 2024