Infant care costs $1,117 more per year than in-state tuition for four-year public college, according to the Economic Policy Institute.
Fayette Tribune
February 9, 2024
In the absence of significant government investments and without aggressive labor organizing, the Economic Policy Institute estimates that a rise in EVs to 50 percent of domestic auto sales by 2030 could result in losses of roughly seventy-five thousand US jobs.
Jacobin
February 9, 2024
Ben Zipperer, senior economist with the Economic Policy Institute, said minimum wage is one of the most well-researched topics among economic experts nationwide. Most extensive studies find little downside.
“The scare stories don’t really play out in the bulk of careful research on minimum wage,” he said. “You can find studies that say there is a negative effect, but three quarters of studies find little to no employment effect.”
Zipperer said it can also have unexpected benefits.
When minimum wage goes up, businesses experience less turnover because employees aren’t constantly looking for better opportunities, he said. This can save time and money because businesses don’t have to hire and train as many new employees.
“Basically, you end up with employees who have longer tenure and who are more experienced and do better at their job,” he said.
The Virginian-Pilot
February 9, 2024
The data comes from the Keystone Research Center, an organization that researches economic equity issues and has been advocating for an increase in the minimum wage.
The organization analyzed the likely effects of state legislation that would bump Pennsylvania’s minimum wage to $15, using U.S. Census Bureau data and estimates from the Economic Policy Institute, a national think tank with a similar focus on issues affecting low-income workers.
Philadelphia Inquirer
February 9, 2024
According to a 2020 study by the Economic Policy Institute, a well-funded and high-quality early childhood education system not only provides relief to parents facing immediate financial strains, but can address the significant income loss experienced by those leaving the workforce because child care is just too expensive. Just capping early childhood education costs at 10% of a family’s income would lead to a significant boost in labor force participation.
Kansas City Star
February 9, 2024
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
Although the Milwaukee area is known for having a relatively low cost of living, new data shows it’s unaffordable for many families — particularly those with more than one child. See the 2023 cost of living in Milwaukee and how it breaks down by month for different family sizes.
Cites Family Budget Calculator [paywall].
Milwaukee Business Journal
February 9, 2024
According to the Economic Policy Institute, 16.2 million workers in the United States were represented by a union in 2023 — an increase of 191,000 from 2022.
Oshkosh Northwestern
February 9, 2024