Right now, the cost of child care is out of reach for many of our state’s families. According to the Economic Policy Institute, the annual cost of child care in West Virginia for an infant is nearly $9,000.
Charleston Gazette-Mail
January 12, 2024
In 2021, salaries grew at the fastest pace for the top 0.1% of earners, while the bottom 90% of workers saw their annual wages edge lower, according to a study from the Economic Policy Institute.
Business Insider
January 12, 2024
Josh Bivens, chief economist at the left-leaning Economic Policy Institute, said although Trump’s comments are “bad,” he thinks a 2024 crash would be “very surprising.”
“For now, the economy is strong and there’s no glaring vulnerability like a huge asset market bubble someplace — spending is mostly being financed out of earnings from a strong labor market,” he said. “So, my expectation is for a quite strong 2024. There are always wild cards like some crazy geopolitical shock, but the economic fundamentals of the U.S. look good for 2024.”
The Hill
January 12, 2024
“The only way to address school segregation for the many children … who live in highly concentrated ghettos and large metropolitan areas in this country is by residential desegregation,” said Richard Rothstein from the liberal Economic Policy Institute. Rothstein researched why residential areas are so highly segregated, and found that government policy is mostly to blame. “The segregation of our major metropolitan areas in this country today was created by explicit, racially-conscious, public policy on the part of the federal, state, and local governments.”
Washington Examiner
January 12, 2024
Florida is at least the 16th state to introduce roll back child labor protections in the past two years, and the 13th state to introduce such legislation in 2023, according to the Economic Policy Institute.
Florida Phoenix
January 12, 2024
The average annual cost for infant care in Georgia is $8,530, according to the Economic Policy Institute, a Washington, D.C.-based think tank.
It’s $7,306 a year for a 4-year-old, according to the institute.
WRDW-TV
January 12, 2024
And while there appears to be no chance of either happening with Republicans in the majority in the House, the Economic Policy Institute reports that 22 US states and 38 cities and counties raised their minimum wages this month. The highest state minimum wage is now Washington’s $16.28, and the highest local one is $20.29 (albeit for large employers only) in the Seattle suburb of Tukwila.
Bloomberg
January 12, 2024
The traditional set-up of manager-employee relations often assumes that a worker-manager relationship is inherently antagonistic. But negotiating a bargaining agreement does not have to be confrontational and can earn wins that work for both sides and make the workplace better.
“There will be some growing pains as things get established, but if you really embrace the mechanisms for transparency and communication and openness, it actually ends up being a real productivity and efficiency enhancer and really pays off over the long haul for the organization,” said Heidi Shierholz, president of EPI.
Prism Reports
January 12, 2024
Wage compression can happen when federal or state minimum wages increase. And 30 states and Washington, D.C., have increased their minimum wage since 2014, according to the Economic Policy Institute.
The Hill
January 12, 2024
Uber, Lyft and DoorDash aren’t sweating it. All said Tuesday they won’t change their operations based on the new standard.
“It only will come into play if a worker is claiming a violation,” said Sam Sanders with the Economic Policy Institute. She said we can probably aIso expect lawsuits from those big tech companies.
But it’s not just the so-called gig economy that’s subject to these rules.
“It’s, you know, construction workers, nail salon workers, janitors, lots of other people who are vulnerable to being misclassified,” Sanders said.
And who now stand a better chance of getting the pay and protections other workers get.
Marketplace
January 12, 2024