The Economic Policy Institute (EPI) sets the threshold for the top 1% at $819,324 per year, while the top 5% earn $335,891 annually.
Financial World
November 17, 2023
Over 100 organizations, including Social Security Works, the Alliance of Retired Americans, and the Economic Policy Institute, signed a joint letter Wednesday expressing fears that the bill would cut down on revenue dedicated to Social Security and argued that since the trust fund has no borrowing authority from the federal government, it does not contribute to the nation’s current debt level.
401K Specialist
November 17, 2023
Aside from the difficulty of tracking who’s moving to South Dakota and who’s actually applying for open jobs in a state with one of the lowest unemployment rates in the nation — state metrics say South Dakota is No. 1 in this category, while Economic Policy Institute’s third-quarter state unemployment data shows South Dakota is tied for third — lawmakers were also curious about the funding of the campaign.
Argus Leader
November 17, 2023
“What we really care about is changes in the standard of living,” said Elise Gould, senior economist at the left-leaning Economic Policy Institute. “How are low-wage workers doing? Their wage growth is coming down, but inflation has been coming down quite fast. And so they were beating inflation before, and they are still.”
But Gould said should even a mild economic slowdown emerge, it could hit low-wage earners hardest, since they are less likely to have wealth buffers to fall back on.
The Wall Street Journal
November 17, 2023
Adjusting for inflation, workers paid the legal hourly minimum in the 1960s and 70s were higher paid compared to today, according to the nonprofit think tank, the Economic Policy Institute.
CNN Business
November 17, 2023
California, according to the Economic Policy Institute, lost more than 650,000 jobs to this economy dominated by state-owned enterprises between 2001 and 2018.
Sacramento Bee
November 17, 2023
In 2022, the Economic Policy Institute issued a report, the Domestic Workers Chartbook, that outlines the basic living and working conditions for the 2.2 million domestic workers in the United States. That number is expected to grow rapidly—more than three times as fast as employment in other occupations—because the aging of the population and workforce is expanding the number of people needing care.
The American Prospect
November 9, 2023
According to the Economic Policy Institute, Child Tax Credit expansions were instrumental in reducing child poverty to historic lows in 2021. The Child Tax Credit was utilized by over 2.2 million Pennsylvania parents.
WENY
November 9, 2023
“Through the COVID recession, and since then, it really has hit historic lows, the percent of consumers with debt in collection,” said Josh Bivens with the Economic Policy Institute.
“To me, that mostly is a story of just the very large amount of pandemic fiscal relief and aid we gave households, the economic impact payments and expanded unemployment insurance,” Bivens said.
Marketplace
November 9, 2023