Nonetheless, noncompetes are widespread in such occupations as hairdressing, hash slinging, and car parking—not to stop the spread of trade secrets, of course, but simply to limit competition and suppress wages. A 2019 study by the Economic Policy Institute found that roughly 30 percent of workplaces where the average yearly pay was less than $22,500 subjected all their employees to noncompetes.
American Prospect
May 3, 2024
Elise Gould, an economist at the Economic Policy Institute, told Business Insider that a stagnant minimum wage and falling unionization rates have contributed to lower pay for some workers. The lower the pay, the less motivated some people might be to take a job.
Additionally, rising incarceration rates in recent decades could be making it difficult for some men to find work once they return to society, Gould said. Incarcerated men aren’t counted in government labor force statistics, but when they are released, their struggles to find work would weigh on the male employment rate.
Business Insider
May 3, 2024
Workers will earn an additional $1.5 billion extra per year under the new rules, according to an analysis by the Economic Policy Institute, a progressive think tank. It’s also likely to reduce the amount of unpaid overtime that salaried workers undertake, economists at the EPI said in a blog post.
Investopedia
May 3, 2024
The nonprofit Economic Policy Institute reported in 2019 that United States employers get charged with violating labor law in 41.5 percent of all union election campaigns.
New Republic
May 3, 2024
“There’s still millions of people out there who should have some kind of overtime pay protections who don’t, and this will hopefully go a long way toward making up some of that gap,” said Samantha Sanders, director of government affairs and advocacy at the left-leaning Economic Policy Institute. “But I’m sure [officials] are assuming there will be a fight over it.”
MarketWatch
May 3, 2024
EVs are expected to make up 50% of auto sales by 2030, potentially creating over 150,000 new jobs related to the production and maintenance of electric cars, according to the Economic Policy Institute.
Manufacturing News
May 3, 2024
“Our research finds that more than one out of every four private-sector workers, including low-wage workers, are required to enter noncompete agreements as a condition of employment,” said Heidi Shierholz, president of the Economic Policy Institute.
Washington Examiner
May 3, 2024
And a lot of people maybe think of these as something at the C-suite or executive level.
However, a 2019 study by the left-leaning Economic Policy Institute found that about 30 percent of the workers that were covered under these agreements actually made $13 or less per hour.
PBS Newshour
May 3, 2024
…Families Party wrote in support of the legislation, citing an Economic Policy Institutestudy that found employers held “captive audience”…[paywall].
Boston Globe
May 3, 2024