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
Even in times of expansion, there has been little change in the fundamentals of an enormous wealth gap, persistent wage gap, disproportionate levels of unemployment, low workforce participation, limited fields of occupation, and a half-century of stunted growth of the middle class, according to The Unfinished March, a 2013 symposium by the Economic Policy Institute.
The Messenger
September 29, 2023
Many of those jobs have returned with higher wages. Between 2019 and 2022, wages have increased at the fastest rate for workers in the bottom 10 percent of jobs in terms of pay — including many of those hospitality jobs like cooks, servers and housekeepers — according to a study by the Economic Policy Institute.
19th News
September 29, 2023
This astounding inequity has spread across the economy. The Economic Policy Institute reports that over the last 45 years, adjusting for inflation, CEO compensation in America’s 300 largest companies has risen 1,460% while a typical worker’s pay grew by just 18%.
The Washington Informer
September 29, 2023
The Economic Policy Institute recently reported that child labor violations have increased by nearly 300 percent since 2015, and the Labor Department found more than 800 violators during the past fiscal year.
Food Safety News
September 29, 2023