Wage theft — when employees are paid less than the required federal and state minimums — is widespread, costing some 2.4 million workers in the 10 most populous states in the country $8 billion a year, according to a 2017 study by the Washington-based Economic Policy Institute. New York is among those states. One in six low-wage workers is a victim of wage theft, with an average loss per employee of $3,300 a year, according to the EPI study.
Newsday
February 24, 2023
“In the past couple years, we’ve definitely seen a resurgence in the labor movement,” Margaret Poydock, a policy analyst and government affairs specialist at the left-leaning Economic Policy Institute, told Insider. “We’ve seen strong support in labor, because workers can see what unions can do for them. They see that unions can help negotiate better pay, better benefits, safer working conditions. The pandemic kind of revealed how much work sucked.”
Business Insider
February 24, 2023
There are approximately 1.4 million home care workers in the US (an undercount), according to the Economic Policy Institute (EPI), the majority of them Black and Hispanic women, who earn a median hourly wage of just over $13 per hour.
CNN
February 24, 2023
According to Pew Research and the Economic Policy Institute, wages have grown so slowly since Ramsey first entered the labor market that the average worker’s purchasing power hasn’t measurably budged in the ensuing four decades. But according to the Congressional Budget Office, the households in the country’s top-earning quintile saw their real incomes rise by 111% during that same 40-year period.
GO Banking Rates
February 24, 2023
While allotments of H-2B visas for low- and semi-skilled non-agricultural workers are increased annually, enforcement of the government’s wage and hour rules in this category has deteriorated to the point of disappearing. “The H-2B program’s wage regulations are allowing employers to legally undercut U.S. wage standards and underpay migrant workers,” Daniel Costa of the Economic Policy Institute (EPI) reported in 2021.
Federation for American Immigration Reform (FAIR)
February 24, 2023
Facing similiar prospects across the Pacific, a report published in April 2022 by United States Economic Policy Institute Research Director Josh Bivens echoed similar. The institute’s report details the overheating view of the economy often emphasises the fast nominal wage growth of the past year as justification for the arguments of policymakers.
Savings.com
February 24, 2023
A main cause for the widening income disparity is the huge pay gap. According to Equilar, the median income of CEOs of listed companies in 2021 was 20 million dollars, up 31 percent from 2020, while that of average employees increased from around 69,000 dollars to some 72,000 dollars, up about 4 percent. According to a study by the Economic Policy Institute, CEO pay had skyrocketed by 1,322 percent between 1978 and 2020, while typical worker compensation had risen just 18 percent.
Global Times
February 24, 2023
It’s as firms have been using the classification of “gig workers” to underpay employees as well in the last few years. A recent study from the left-leaning Economic Policy Institute (EPI) found that workers were losing out on thousands of dollars in lost pay and benefits because of it.
Business Insider
February 24, 2023
Advocates and experts also point to expanded access to no or low-cost early childhood education as a solution that not only benefits children but parents and the economy as a whole. Colorado ranks eighth in the country for most expensive child care, with an average annual cost of $15,325, according to the Economic Policy Institute.
KUNC
February 24, 2023
Sebastian Martinez Hickey, a research assistant at the Economic Policy Institute, a nonprofit think tank, said wages for nursing home employees had been extremely low even before the pandemic. He said the focus needs to be on raising Medicaid reimbursement rates beyond inflationary factors.
Kaiser Health News
February 24, 2023