Last year production and nonsupervisory laborers saw their wages grow faster than the rest of the American workforce’s by the most since at least 2007, according to the Economic Policy Institute. The Atlanta Fed Wage Tracker shows a similar trend, with the lowest earners outpacing the highest ones by the most in decades.
Bloomberg
March 3, 2023
Inflation-adjusted wages for teachers have remained mostly flat since 1996, according to a 2022 Economic Policy Institute assessment. It’s no wonder the proportion of college graduates that go into teaching is at a 50-year low. Even accounting for teachers’ benefits packages, they make 14 percent less than other college graduates.
The Hill
March 3, 2023
The COVID pandemic weakened the global economy. … But most shamefully, while the Economic Policy Institute reports America’s annualized…(paywall).
The Virginian-Pilot
March 3, 2023
Popularity for unions is higher than it’s been in recent memory. According to a recent Gallup poll, 71 percent of Americans say they approve of labor unions. In 2022, more than 60 million workers wanted to join a union but could not. Despite growing support for unions and an uptick in union election petitions across the country, union density has declined over last several decades as anti-worker corporations have gone to great lengths to suppress workers’ rights to form a union. According to the Economic Policy Institute, employers spend nearly $340 million dollars a year to hire union busting firms to help them stop workers from organizing,
UAW
March 3, 2023
According to the Economic Policy Institute (EPI), childcare is unaffordable for typical families in New York, as infant care for one child would take up 22.1% of a median family’s income. For low-income families, childcare would eat up 62.7% their earnings.
GO Banking Rates
March 3, 2023
“For low-income workers, if they can put away $2,000 and get a 50-cent match for each dollar, that’s a significant boost to them,” said Monique Morrissey, economist at the Economic Policy Institute. “That will help, but it’s several years into the future. So right now, we see that these [auto-IRA] plans help in terms of convenience.”
CNBC
March 3, 2023
In California and across the country, teachers are navigating a difficult terrain: making enough money to afford living in the districts where they serve. Research by the Economic Policy Institute’s Sylvia Allegretto found that public school teachers nationally make nearly 24% less in weekly earnings than similarly credentialed college graduates in other fields. When benefits such as healthcare were taken into account, the total compensation penalty was 14%, the widest gap since 1979.
The Guardian
March 3, 2023
The stores typically operate with lean staffing, and their employees, by some measures, are paid at the bottom of the retail industry’s scale. According to a survey by the Economic Policy Institute, a liberal think tank, 92% of Dollar General workers earn less than $15 an hour, lower than many other companies surveyed, including Burger King, Walmart and Dunkin’. About 20% of Dollar General workers earn less than $10 an hour.
Seattle Times
March 3, 2023
A proposed $21.25 hourly minimum wage would benefit 41.8% of the state’s Black workforce directly or indirectly, according to nonprofit think tank Economic Policy Institute (EPI). That’s roughly 508,600 Black New Yorkers estimated to receive an earnings boost if the Raise the Wage Act is passed.
New York Amsterdam News
March 3, 2023