Yet by one measure, employees aren’t doing as well as they did before the pandemic. Workers’ share of corporate earnings reached 75% in the first quarter, compared to 76% in the last three months of 2019, according to the Economic Policy Institute. Closing that one-point difference today requires $120 billion in higher wages.
Reuters
August 25, 2023
…violations on farms, according to a new report by the Economic Policy Institute that found the number of such probes reached a record low…[Paywall].
Agri-Pulse
August 25, 2023
Features quote from Daniel Costa. [Paywall].
Seattle Times
August 25, 2023
As a group, Black workers are paid less than white workers, earning 76 cents to every $1 earned by white Americans, according to the U.S. Department of Labor. In Maine, Black workers earn only 63 percent of what white workers make.
The gap is larger now than it was 40 years ago, and it can’t be explained by differences in education and skills, the Economic Policy Institute concluded in a recent analysis.
Black Americans are twice as likely to be unemployed than white Americans. The disparity is a little smaller in Maine.
Bangor Daily News
August 25, 2023
But as they talk about inflation and the economy in the abstract, residents of the popular vacation destination are very much feeling the realities of their policies. That’s because Jackson Hole is the most economically unequal place in the United States, according to the Economic Policy Institute.
CNN Business
August 25, 2023
Other economic disparities have also persisted into the present day. Among Americans who are employed, research from the Economic Policy Institute (EPI) showed the typical Black worker made more than 24 percent less than their white counterparts per hour in 2019 — a figure the group noted was about 8 percentage points higher than it was four decades earlier.
The Hill
August 25, 2023
Economic Policy Institute: “The Inflation Reduction Act (IRA) was signed into law a year ago this week. It is widely seen as the crown jewel of the “industrial policy” agenda of the Biden administration. While no piece of legislation is perfect, the full potential of the IRA to deliver a radically better future is often underrated. In this post, we highlight many of the IRA’s huge steps forward and also talk about the unfinished agenda for securing faster, fairer, and greener growth in the U.S. economy.” [Blogpost, 8/14/23]
Economic Policy Institute: “Put simply, the IRA puts the U.S. on a path where meeting its global climate change commitments is within reach—commitments which would provide a genuine chance at securing a livable planet for future generations if they are kept. At the beginning of August 2022, there was no such path to secure this livable future, but there is now—and that is a mammoth victory.” [Blogpost, 8/14/23]
The White House
August 21, 2023
An inability to retain qualified and experienced professionals can have serious implications for the wider staffing of schools. A 2022 Economic Policy Institute report indicated that 23% of all U.S. public schools had at least 5% of their positions vacant during the 2021-22 school year. More than half of schools reported that those vacancies were due to resignations and 21% stated they were due to retirements.
Lancaster Online
August 21, 2023
For those seeking to delve deeper into the statistics and context surrounding the Black unemployment rate in the United States, additional information can be found through reputable sources such as the BLS or the Economic Policy Institute (EPI).
Black Wall Street Times
August 21, 2023