A new analysis from the Economic Policy Institute found the Class of 2023 is graduating into the best labor market for young workers since 1953.
Fox Business
May 24, 2023
Epperson’s early experience was typical of many exhausted employees working long hours just to get by. According to a report from the Economic Policy Institute, the lowest-earning quintile of Americans worked nearly 25 percent more hours in 2016 than they did in 1979. As wages have stagnated for low-income Americans, they’ve had to work more hours to make ends meet.
The Atlantic
May 24, 2023
“Since the era of slavery, the dominant view of Black women has been that they should be workers, a view that contributed to their devaluation as mothers with caregiving needs at home,” wrote economics professor Nina Banks in a 2019 article for the Economic Policy Institute. “African American women’s unique labor market history and current occupational status reflects these beliefs and practices.”
Civil Eats
May 24, 2023
The problem for Kroger and Albertsons: When you look at the available facts, all those who truly care about our local communities across New Mexico should be deeply concerned. Consider a recent analysis by the Economic Policy Institute that found the merger will lower wages for 746,000 grocery store workers in over 50 metropolitan areas of the U.S. Even worse, grocery workers could lose more than $300 million in wages each year if the proposed merger went through due to lack of competition. In total, this would result in lost wages for these essential workers and would negatively impact wages for all grocery workers — regardless of whether they are employed by Kroger or Albertsons.
Santa Fe New Mexican
May 24, 2023
In fact, a recent report by the Economic Policy Institute highlights that income inequality has cost Social Security billions of dollars of revenue every year.
The Hill
May 24, 2023
According to research from the Economic Policy Institute, approximately 217,000 minimum wage earners in Ohio are victims of wage theft each year, each missing out on an average of $2,800.
Cleveland.com
May 24, 2023
Mast asserted that strong public opposition stopped deregulation bills in several states. In Virginia, she says, a subminimum wage bill for youth failed due to a public backlash.
But she was under no illusions about the ultimate goal of those advocating for looser child labor laws: “It is about taking us back to the time of economic opportunity for the few and exploitation for everyone else.”
The Progressive Magazine
May 22, 2023
Right now, the price of food doesn’t reflect any of those factors. In fact, according to an analysis by the nonpartisan Economic Policy Institute, corporate profits accounted for 54 percent of food price increases between 2020 and 2021. For the four decades prior, only 11 percent was attributed to corporate profits, the rest to the cost of labor.
Civil Eats
May 22, 2023
“It’s absolutely the case that many employers prefer tipping to paying adequate straight wages to employees,” Ben Zipperer, senior economist at the Economic Policy Institute, told Insider, adding, “the entire cost is paid for by the customer when workers have to rely on tips for wage increases.”
Business Insider
May 22, 2023
The Economic Policy Institute puts North Carolina’s minimum living wage for one adult and one child as of 2020 at $48,346.
WITN
May 22, 2023