According to a 2018 study for the Economic Policy Institute by Alexander J.S. Colvin, just 2 percent of workers were contractually subjected to forced arbitration in 1992. By 2018, however, that number had risen to 56.2 percent of private-sector non-union workers, or roughly 60 million.
The American Prospect
February 3, 2023
Economic Policy Institute President Heidi Shierholz said noncompete contracts are typically used to keep workers from a source of power: quitting and taking another job.
Shierholz said because noncompete contracts prevent people from resigning to work elsewhere, they keep wages low and contribute to a mismatch in the labor market.
“Noncompetes keep people locked in jobs that aren’t necessarily the best job for them,” Shierholz said. “Our whole economy works better when there are good matches between jobs and workers.”
Spartan Newsroom
February 3, 2023
“The labor market is pretty strong,” said Elise Gould, senior economist at the left-leaning nonprofit Economic Policy Institute, in an interview in advance of Friday’s report. “The unemployment rate is low, and there are still people who have not returned to the labor market after the pandemic, so we can expect the labor force can grow. But we’ve had an incredible couple of years of recovery.”
NBC News
February 3, 2023
Kailey Leinz & Kriti Gupta bring you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street and tackles credit card earnings, a possible trillion-dollar coin and labor strikes Guests Today: Mark Lehmann of JMP Securities, Kayla Bruun of Morning Consult, Kristin Johnson of the Commodity Futures Trading Commission, Lisa Ellis of SVB MoffettNathanson, Steve Chiavarone of Federated Hermes, Stacy Rasgon of Bernstein Research, Stephen Schork of the Schork Group, Jennifer Sherer of the Economic Policy Institute (Source: Bloomberg)
Bloomberg TV
February 3, 2023
Conversations about domestic labor—cleaning, child rearing, cooking—carry a lot of emotional baggage and inherently have a racial dimension. In an online sphere dominated by the voices of lily-white momfluencers, it only makes sense that women of color—who, according to the Economic Policy Institute, make up a disproportionate share of domestic workers—would be uninterested in, or resentful of, white women’s opinions on a Japanese woman’s choices.
Jezebel
February 3, 2023
CEOs still aren’t exactly hurting. The heads of the biggest US companies made 399 times more than the average worker in 2021, according to the Economic Policy Institute, an almost 20-fold increase in the pay ratio since 1965.—SK
Morning Brew
February 3, 2023
An analysis of 11 occupations where misclassification is common—including in construction, security, and janitorial services—by the left-leaning Economic Policy Institute found that on average workers lose out on up to $9,820 yearly in those industries when they are illegally classified as independent contractors instead of employees.
Bloomberg Law
February 3, 2023
Biden and other members of the administration have vaunted rising wages as proof of a thriving economy. And it’s true, wages are up — nominal wage growth for nonfarm employees was up 5.1% in the 12 months ending in November, according to the Economic Policy Institute.
The Washington Examiner
February 3, 2023
According to the Economic Policy Institute, low wages hurt all workers, but especially Black workers and workers of color. Additionally, low wages put women of color at a major disadvantage, as they are often underpaid.
Grand Valley Lanthorn
February 3, 2023
According to a 29-page report from The Economic Policy Institute (EPI), the main drivers of the teacher shortage are not only compensation and stress, but also a lack of interest in the field. EPI is a non-partisan national think tank that researches economic trends and policies in the United States.
NJ.com
February 3, 2023