These politicians are focused on protecting their wealthy donors, who pay less into Social Security than ever. The Economic Policy Institute (EPI) recently found that as inequality increases, a record share of all earnings are above the $160,200 cap on Social Security contributions.
Nevada Current
April 7, 2023
The company’s spending on anti-union consultants dwarfs that of other companies. Starbucks was the top spender in 2021, shelling out $4.3 million, while the next highest figure came in at less than $2.7 million, according to a new report from the left-leaning Economic Policy Institute.
The Hill
April 7, 2023
High inflation is the obvious culprit for America’s growing debt — but inflation is manageable when income rises along with prices. The problem, according to the Economic Policy Institute, is that wages haven’t increased in any meaningful way for decades.
GO Banking Rates
April 7, 2023
But, a 2023 report from the Economic Policy Institute finds the average annual costs of infant child care in Virginia is over $14,000, equaling over $1,100 a month.
Williamsburg Yorktown Daily
April 7, 2023
Chinese and Indian immigrants who came to the United States after immigration laws loosened in the 1940s and 1950s under visas set aside for “high-skill” workers see close to no wage gap today. Vietnamese and Cambodian immigrants who came to the United States as refugees, many of whom were low-wage before moving, face significant gaps. And language matters, too: Indians and Filipinos had access to English education as former British and American colonies and now face fewer barriers, according to an analysis by the Economic Policy Institute.
The 19th
April 7, 2023
The SLFRF delivered $350 billion to state, territorial, local, and tribal governments. The money can be spent out until the end of 2026, but it must be obligated (meaning designated for specific purposes) by the end of 2024. An Economic Policy Institute study released last month found that only about 55 percent of the state funds have been obligated, with several states obligating less than 10 percent. Because of the timing of state legislative sessions, some states must figure out how to obligate those funds within the next three months.
The American Prospect
April 7, 2023
In comparison, the latest research by the Economic Policy Institute shows wages have increased by 17% for the average hourly worker. (paywall).
Tampa Bay Business Journal
April 7, 2023
The left-leaning think tank Economic Policy Institute estimates that a misclassified construction worker, for example, loses out on as much as $16,729 a year in income and job benefits. Misclassified home health aides lose $9,529. Landscapers, truck drivers, nail-salon workers, and janitors are also at high risk of wage theft.
Business Insider
April 7, 2023
Layoffs overall have increased slightly in recent months, but they remain lower than pre-Covid rates, said Heidi Shierholz, the president of the Economic Policy Institute. “The unemployment rate is still near 50-year lows. Job growth is still very strong,” she said.
VOX
April 7, 2023
According to the Economic Policy Institute, unions play a critical role in increasing wages, improving working conditions and protecting against workplace violations. Labor studies professor Rosemarie Molina, who has had hands-on experience with organizing workers to unionize, said unionization is important to combat workplace violations, which are common in the LA communities she works with.
Daily Bruin
April 7, 2023