Underyling that legal dispute is a battle over Meta’s hiring practices and whether the technology giant illegally prefers to hire temporary foreign workers. Meta was one of the top H-1B employers in fiscal year 2022, with more than 1,500 approved petitions for new workers, according to an analysis from the Economic Policy Institute.
Bloomberg Law
October 6, 2023
Moreover, an analysis by the Economic Policy Institute — a nonprofit, nonpartisan think tank — of Bureau of Labor Statistics and National Labor Relations Board data found union membership in the United States increased from 2021 to 2022 by more than 200,000 workers.
Detroit Free Press
October 6, 2023
A report from the Economic Policy Institute found that in 2022 CEOs were paid 344 times as much as a typical worker. For context, in 1965 CEOs were paid 21 times as much as a typical worker. This rise in pay isn’t a result of CEO productivity, according to the report, but rather a reflection of the influence CEOs have over determining their pay through increased bargaining power.
Cleveland Scene
October 6, 2023
The pandemic seems to have exacerbated an existing decline. This is partly due to the pay discrepancy teachers face compared to their college-educated peers. According to a 2021 report by the Economic Policy Institute, teachers earn an average of 23.5% less than comparable college graduates.
Napa Valley Register
October 6, 2023
“What the tangible effect of it is for the average middle-class person is if you live in a right-to-work state you make, on average, $10,000 less every single year,” Nichols said.
Various other studies have come up with other figures, including one by the Economic Policy Institute that pegs the differential at closer to $7,000. And it also is true that the average wage in Arizona is about $2 an hour less than the national average.
Arizona Capitol Times
October 6, 2023
A 2023 analysis by the Economic Policy Institute (EPI) finds that US auto industry jobs could rise by 150,000 if battery electric vehicles sales reach 50% by then and the vehicle market share of US-assembled vehicles increases to 60% from today’s 50%.
Clean Technica
October 6, 2023
Public school teachers have long made less money than other professionals, but last year the gap hit its widest level since 1960, according to a new analysis of federal data.
Why it matters: The report from the Economic Policy Institute helps explain why the nationwide teacher shortage has grown so acute.
Zoom in: The immediate culprit is inflation, which eroded teachers’ real pay considerably in 2022.
- The earnings of other college grads managed to just about keep pace with price increases, writes the report’s author, economist Sylvia Allegretto.
- Public schools are less nimble when it comes to raising pay than the private sector.
Of note: Teachers typically receive better benefits than other workers (pensions!). In her analysis, Allegretto calculated that even considering the value of those benefits, teachers still earn about 17% less.
Axios
October 6, 2023
It doesn’t consider offsets from battery manufacturing jobs. The left-leaning Economic Policy Institute has estimated a loss of 75,000 jobs with EVs making up half of U.S. vehicle sales by 2030 — without efforts to offset such losses. “These losses would stem from policy failures that stunted investment in domestic capacity of U.S. producers to build the batteries and drivetrains of BEVs [battery electric vehicles], and from a failure to regain market share in overall vehicle sales,” said EPI, which is partly funded by labor unions.
FactCheck.org
October 6, 2023
The gap between employees and chief executives can be exorbitant. In some of the country’s largest firms, CEOs made 399 times more than the typical worker, according to research from the Economic Policy Institute. Thus, founders should ensure they’re offering reasonable salaries that encourage the best results from their team–and don’t engender resentment.
Inc.
October 6, 2023
According to the Economic Policy Institute, under a wealth-based admissions strategy, the sheer numbers of eligible Black students who would benefit would remain a relatively small minority of total enrollment.
The Progressive
October 6, 2023