Hilary Wething, an economist at the Economic Policy Institute, said it’s important to consider that more data is needed to fully determine the impact of the new law.
“I would push back against the idea that this is hurting drivers,” she said. “We don’t know that yet.”
GeekWire
February 9, 2024
Renters earning under $30,000 had $310 left over, according to the study, while a single-person household needs about $2,000 to pay for nonhousing needs — even in the most affordable counties, according to the Economic Policy Institute.
Sacramento Bee
February 9, 2024
The No. 1 drag on personal budgets remains housing. That’s according to the Economic Policy Institute, which recently updated its family budget calculator to reflect 2023 cost data.
Tampa Bay Business Journal
February 9, 2024
According to data compiled by the Economic Policy Institute, underemployment sits slightly below 7 percent – the lowest since the agency began tracking the data in 1990. When Trump left office, underemployment was at more than 14 percent. After a peak in March 2021, there has been a steady decline since.
Al Jazeera
February 9, 2024
Emergency funds are a challenge for millions because income has stagnated in comparison to both rising worker productivity and the rising cost of goods. From 1979 to 2013, hourly pay for middle-wage workers increased 6% and pay for low-wage workers decreased 5%, whereas pay for very high-wage workers increased 41%, according to the Economic Policy Institute, a nonprofit think tank.
CNET
February 9, 2024
An analysis by the Economic Policy Institute in 2019 found that almost half of employers nationwide have some employees on non-competes. While difficult to provide a precise number, EPI’s survey work estimated between 27% to 46% of all private sector workers being subject to some form of a non-compete.
CNBC
February 9, 2024
Many smaller employers don’t offer 401(k) plans. Even when they do, workers might balk at participating, because they can’t spare the income or they’re afraid they might need to withdraw it later on, triggering tax penalties.
“Income for a lot of workers is very unpredictable,” said Monique Morrissey, senior economist at the left-leaning Economic Policy Institute.
USA Today
February 9, 2024
Six of the 10 most expensive US metros for families are in California.
Business Insider looked at the monthly costs for households with two adults and two children from the Economic Policy Institute’s “Family Budget Calculator.” EPI assembled data from multiple sources and looked at several kinds of expenses a household may have.
“The Family Budget Calculator is constructed to determine the resources needed to generate a decent standard of living, one in which a family can afford the basic necessities,” a post from EPI said.
Business Insider
February 9, 2024
Additionally, we also included average figures for a single person’s monthly grocery, taking quotes from the Economic Policy Institute. The resulting list is presented in descending order, ranging from the highest cost of living to the lowest cost of living.
Insider Monkey
February 9, 2024
The Economic Policy Institute released a rather frank and somber assessment on the growing school voucher moment in 2023 entitled, State and local experience proves school vouchers are a failed policy that must be opposed. They noted that at least 23 voucher bills were introduced in state houses last year, with universal bills passing. They noted that there is, “growing evidence that voucher programs do not serve students and may deepen educational and economic inequality.”
TheChattanoogan.com
February 9, 2024