Lack of standards has real ramifications. According to the Economic Policy Institute, domestic workers are three times as likely to live in poverty than other workers–typical wages for a domestic worker were $12.02/hour; for a non-domestic worker, $19.97. And 39 percent of nannies live twice below the poverty level; for non-domestic workers, the twice-poverty rate is 17 percent.
Marie Claire
October 6, 2023
The bill could worsen graduation rates and hurt lower-income families, experts said, and could also be a way to replace some immigrant labor as Florida and other GOP-led states continue to crack down on undocumented workers.
“Are we willing to return to a world where we accept that children of the poorest families are working more than full-time jobs under hazardous conditions?” said Jennifer Sherer, director of the Economic Analysis and Research Network at the nonprofit Economic Policy Institute.
Orlando Sentinel
October 6, 2023
Don’t worry — it’s still plenty to sustain a growing economy, said Elise Gould at the Economic Policy Institute.
“When we see job growth in excess of around 100,000, that means that not only are we keeping up with population growth, we’re pulling people in off the sidelines,” Gould said.
Gould sees a job market returning pretty close to pre-pandemic normal.
“The share of workers between 25 and 54 with a job is now at or higher than before, particularly for women. We have very low Black unemployment. So there are many metrics that look very much like 2019 — and even better.”
Marketplace
October 6, 2023
Despite the new momentum, unions have a steep climb to reverse the decades- long decline. Recent union drives, while gaining attention, haven’t produced a plethora of new labor contracts. Many existing union members also are working under expired agreements while negotiations drag on. Current laws and regulations do little to help, says Margaret Poydock, a senior policy analyst with the Economic Policy Institute, a nonprofit think tank.
Barron’s
September 29, 2023
Over the past year, my colleagues in the Biden administration have presented compelling explanations of our approach to international trade. It is an approach that is unsurprisingly rooted in Bidenomics, specifically by recognizing two simple realities that EPI saw decades before most others.
The White House
September 29, 2023
To add context to CEO salaries, the Economic Policy Institute found that in 2021, the top 350 US CEOs made 399 times more than the average American’s annual salary. This disparity marks the widest gap the institute has recorded from 1965 to 2021.
Business Insider
September 29, 2023
The Economic Policy Institute calculated in 2022 that in the last four decades, CEO to average worker pay at big U.S. corporations jumped from less than 40 to 1 to 400 to 1.
Iowa City Press Citizen
September 29, 2023
There are more than 2 million domestic workers in the United States, according to a study by the Economic Policy Institute, a liberal research group. Laws similar to Chicago’s are on the books in San Francisco and Philadelphia.
Marketplace
September 29, 2023
Crucially, participation could be poised to keep rising. Department of Labor data show that the share of people moving into employment after being disconnected from the labor force—meaning they found a job without spending time searching for work—is at elevated levels, notes Elise Gould, a senior economist with the Economic Policy Institute. That, she says, means “the reserve of workers is much larger than the unemployment level would suggest.”
“It means there is still room to grow,” Gould adds.
Barron’s
September 29, 2023