A 2020 analysis by the Economic Policy Institute found only a few employers have spent more than $1 million on anti-union consultants, and it’s typically taken several years to rack up such a bill. Any spending in the hundreds of thousands of dollars is on the high end. None of the companies in EPI’s analysis came close to spending as much as Amazon in such a short period of time.
Huffpost
April 1, 2022
But some think that a punitive tax on windfall taxes could be effective in reducing big price hikes. “If you had excess profits tax, firms would say, ‘I could raise prices a ton, but those profits will be taxed away, so I’ll just keep prices low,’” economist Josh Bivens of the Economic Policy Institute said.
Fiscal Times
April 1, 2022
Black workers saw the greatest percentage-point drop in unemployment rates, falling from 6.6% in February to 6.2% in March.
“Those series tend to be volatile, so you have to kind of look at it over a longer period of time. In the last three months, there has been a consistent decline in the Black unemployment rate, and the labor force participation rate has been fairly stable,” said Valerie Wilson, director of the Economic Policy Institute’s program on race, ethnicity and the economy.
“That does point to things moving in the right direction,” Wilson added.
CNBC
April 1, 2022
Over the past year, wage growth has actually been historic, but that’s because the labor shortage is forcing companies to attract employees back to work. It was historically slow between 1979 and 2017, however, according to the Economic Policy Institute (EPI).
Business Insider
April 1, 2022
Even before the pandemic, the cost of child care in New York had soared: The average cost of child care is $15,394, more than both the cost of in-state college tuition and average rent, according to the Economic Policy Institute.
19th News
April 1, 2022
From health care to education to economics and business, … A 2021 report from the Economic Policy Institute found the median hourly wage (paywall).
Crain’s Chicago Business
March 25, 2022
Staff shortages are an issue districts have been dealing with across Minnesota and the rest of the country. A recent report from the left-leaning Economic Policy Institute found state and local public education employment down nearly 5 percent since the start of the pandemic.
MPR News
March 25, 2022
But not all of these workers are leaving the labor market. There is evidence that many are “reshuffling” — that is, moving among different jobs in the same sector, or even between sectors. According to an analysis of BLS data conducted by the Economic Policy Institute in November of 2021, hiring rates are exceeding quit rates across many sectors, which suggests that high wage growth is attracting new applicants to open positions — and that many workers are both able and willing to accept jobs that are sufficiently attractive.
Harvard Business Review
March 25, 2022
Earning $15 an hour is the equivalent of $31,200 annually, if you assume the worker is scheduled 40 full hours a week for the entire year (which isn’t true for many low-wage workers). That is below what anyone needs to maintain a “modest yet adequate standard of living” in Nevada, according to a separate analysis done recently by the Economic Policy Institute.
This is Reno
March 25, 2022
According to findings from the Economic Policy Institute, the growth in worker productivity over the past seventy years hasn’t been mirrored by anything like a commensurate increase in wages. In recent decades, however, compensation for those now at the commanding heights of financial activity has ballooned — average Wall Street bonuses growing by an astonishing 1,743 percent since 1985 when adjusted for inflation (had the minimum wage grown at the same rate, it would currently be $61.75 rather than a meager $7.25).
Jacobin
March 25, 2022