Over the last year, about half of the labor market’s recent growth came from immigrants, according to federal data analyzed by the Economic Policy Institute.
The Berkshire Eagle
April 12, 2024
“Starbucks has not joined a lawsuit against the NLRB questioning its constitutionality or initiated similar litigation against the NLRB,” the company told Fortune, linking to a statement. As of March, the coffee conglomerate has 741 open or settled NLRB cases according to the Economic Policy Institute—although the coffee chain recently reversed itself and pledged to negotiate with its unionized workers.
Fortune
April 12, 2024
More workers filling more jobs and spending more money has helped drive economic growth and create still-more job openings. The availability of immigrant workers eased the pressure on companies to sharply raise wages and to then pass on their higher labor costs to their customers via higher prices that feed inflation. Though U.S. inflation remains elevated, it has plummeted from its levels of two years ago.
“There’s been something of a mystery — how are we continuing to get such extraordinary strong job growth with inflation still continuing to come down?’’ said Heidi Shierholz, president of the Economic Policy Institute and a former chief economist at the Labor Department. “The immigration numbers being higher than what we had thought — that really does pretty much solve that puzzle.’’
Associated Press
April 12, 2024
TAPPER: Research public — published by the Economic Policy Institute last year suggests that women earn less money and stay in poverty longer when they don’t have access to abortion rights.
The Lead with Jake Tapper
April 11, 2024
A report from the Economic Policy Institute estimated that the real amount of wage theft in the country could be as high as $50 billion per year.
WKOW
April 11, 2024
“Unemployment has been at or below 4% for 27 months running, the longest such strength since the late 1960s,” said Elise Gould, senior economist at the Economic Policy Institute.
U.S. News
April 11, 2024
Across the political aisle, the progressive Economic Policy Institute (EPI) expressed similar skepticism about the USCIS proposals.
Responding to the NPRM’s solicitation for comments, EPI declared: “[T]he H-1B Modernization rule only tinkers at the edges of improving program integrity, but fails terribly to tackle any of the real problems that have been documented by investigative news reports, government audits, and researchers like ourselves – while simultaneously proposing to dramatically expand the size of an H-1B program that remains vulnerable to rampant fraud and abuse.”
The Register
April 11, 2024
Wages rose much faster for America’s lowest-paid workers than for their better-paid colleagues between 2019 and 2023, a new report says, a striking reversal after four decades of widening wage inequality.
Hourly pay rose by 12.1% in those years for low-wage Americans, from $12.06 to $13.52, boosted by policy decisions that aided those workers during the pandemic, according to a report from the left-leaning Economic Policy Institute.
In the same span, hourly wages grew by 0.9% for the highest earners, from $57.30 to $57.84.
USA Today
April 11, 2024
The Economic Policy Institute estimated 2021 average CEO pay at the 350 largest American companies was $27.8 million, including stock awards.
San Antonio Business Journal
April 9, 2024
A recent study published by the Economic Policy Institute evaluated economic performance from Harry Truman to our current situation. The Economic Policy Institute included its data and sources in their study, usually a sign of validity. A quick read of the study removes any doubt about which political outcome is better for most Americans. This link will get you there: Economic performance is stronger when Democrats hold the White House. Please look at this data series for the last 70+ years and acquaint yourself with information TV and blogs don’t have time to show us.
The Columbian
April 9, 2024