A 2019 study (PDF) by the Economic Policy Institute showed that the median white family had $184,000 in family wealth (property and cash), while the median Latino family had $38,000 and the median Black family had $23,000.
KQED
April 5, 2024
A 2019 study by the Economic Policy Institute showed that the median white family had $184,000 in family wealth (property and cash), while the median Latino family had $38,000 and the median Black family had $23,000.
EdSource
April 5, 2024
Monique Morrissey, a senior economist at the Economic Policy Institute told Spectrum News that people often look for guidance on topics such as whether it would be financially beneficial for them to delay taking their Social Security benefits or for assistance on things such as paperwork, particularly those seeking disability benefits.
“Administrative cuts have been particularly harmful to disability applicants,” Morrissey said, adding that such applicants are “among the most vulnerable” because their claims are more complex and they need more assistance.
Spectrum News
April 5, 2024
In 2017, the Economic Policy Institute found that workers in the 10most populous states were robbed of more than $8 billion annually thanks to minimum wage violations, and the issue’s only getting worse.
Time Magazine
April 5, 2024
The impressive-sounding averages are also distorted by the massive wealth at the top. According to an Economic Policy Institute analysis of the Fed’s Survey of Consumer Finances, back in 2016 the average late-career couple had saved about $243,000 for retirement. Not too shabby. But the median number tells a different story: just $21,000.
Bloomberg
April 5, 2024
A study published by the Economic Policy Institute on Tuesday finds that the U.S. economy does better when a Democrat is in the White House than when a Republican is in charge.
The study looked at GDP growth, job growth, inflation-adjusted wage growth, the unemployment rate, and more. It found that Democrats have had an economic advantage since at least 1949.
“This Democratic advantage is across the board in all variables we measure but strongest in private-sector outcomes—notably, business investment, job growth, and the growth of market-based incomes,” it says.
Common Dreams
April 5, 2024
Proponents of the bill said that not all employers follow the law and dependency on tips perpetuates inequalities. A 2014 report from the Economic Policy Institute think tank found at that time 66% of tipped workers were women and the poverty rate of tipped workers was almost double that of nontipped workers.
Capitol News Illinois
April 5, 2024
Co-enforcement is necessary because of weak federal labor laws, and dangerously low rates of unionization. (One study by the Economic Policy Institute concluded that less than 2% of the nearly $50 billion in wages stolen annually is ever recovered by workers.) The co-enforcement models have inspired other vehicles for worker empowerment.
Times of San Diego
April 5, 2024
This week, the Economic Policy Institute issued a report that looks deeply into the economic records of American presidents from 1949 to the present, and it came to some interesting conclusions. On every single economic metric — from Gross Domestic Product to job growth, the unemployment rate, wage growth, income per capita, inflation, and interest rates — Democratic presidents have outperformed their Republican peers.
Civic Ventures
April 5, 2024
Recent analyses by the Federal Reserve and the Economic Policy Institute document that immigrants have largely fueled our nation’s post-Covid economic recovery. Nearly 50 percent of the nearly 3 million jobs added to our economy in 2023 was attributable to immigrants.
Philadelphia Citizen
April 5, 2024