A December 2022 report from the Economic Policy Institute (EPI) showed that about 96 percent of all public K–12 teachers have at least a four-year college degree, while about 56 percent had advanced degrees. Previously existing national teacher shortages were heavily exacerbated by the pandemic, further impacting educators who had already been worried about poor compensation and stress levels.
Newsweek
June 2, 2023
Bloomberg Law
June 2, 2023
The Economic Policy Institute notes that Black Americans are just over half as likely as white Americans to have a college degree. Yet college degrees are key drivers of social mobility, helping those who need it find a path out of poverty.
LA Times
June 2, 2023
That volatility is the big story in the May jobs report, said Elise Gould, senior economist at the Economic Policy Institute.
“It’s important when we look at something like that to pay attention to the longer-term trend, because every month there can be a lot of movement,” Gould said.
“The longer-term trend suggests that the Black unemployment rate has been coming down,” she added. “So it’s about where it was three months ago. Yes, it was lower last month. It ticked up, but I think that probably it will resolve down again next month.”
CNBC
June 2, 2023
But money saved from productivity gains doesn’t always end up in workers’ pockets. Since 1979, US worker-productivity growth has outpaced hourly-pay growth by 3.7 times, according to the Economic Policy Institute, a left-leaning think tank, which attributes the divergence to a stagnant minimum wage, the decline of unions, and the scaling back of antitrust policy, among other factors.
Insider
June 2, 2023
The groups, which include the American Economic Liberties Project, the Economic Policy Institute and the Open Markets Institute, said Biden should deploy a “whole-of-government approach” to the noncompete issue.
Huffpost
June 2, 2023
Monique Morrissey – senior economist with the Economic Policy Institute – said in addition to cognitive decline, some older workers aren’t healthy enough to do their jobs safely.
She added that a significant number of older Americans are trapped in jobs that might put them at risk, but are unable to afford retirement.
“Slower reflexes and other age-related factors make it harder for older workers to avoid hazards,” said Morrissey. “As a result, workers aged 65 and older have more than doubled the fatality rate of workers overall.”
Ohio News Service
June 2, 2023
The law is part of a broader effort by states to loosen child labor laws. Arkansas’s governor signed a bill in March that allows youth under the age of 16 to be employed without a work certificate, and New Jersey and New Hampshire have enacted laws to extend work hours. Several states, including Minnesota and Missouri, have also recently introduced similar bills, according to the Economic Policy Institute.
CNN
June 2, 2023
According to the Economic Policy Institute, in 2021 a CEO at one of the top 350 US firms was paid $15.6 million on average, up 9.6 percent since 2020. The ratio of CEO-to-typical-worker compensation was 399 to 1, up from 366 to 1 in 2020, and from 20 to 1 in 1965.
WIRED
June 2, 2023