Many minority groups are more likely to have no retirement savings at all, according to the Economic Policy Institute (paywall).
MarketWatch
February 3, 2023
Local 1 staffer Adam Stant (who was not subject to layoff) says that these layoffs come at a moment when the labor movement should be hiring, not firing, organizers. An Economic Policy Institute report presents evidence that suggests 60 million workers would join a union if they could. Some labor observers argue that the bottleneck preventing these workers from having a union is unions themselves.
In These Times
February 3, 2023
According to a 2022 report by Economic Policy Institute researchers Valerie Wilson and William Darity Jr., net productivity per work hour rose 69.6% between 1979 and 2019 while median wages for Blacks grew 5.2% compared to 20% for whites.
Charlotte Post
February 3, 2023
The Center for Economic and Policy Research notes that the wage gap between white and Black workers is narrower among postal workers than among private sector employees. The Economic Policy Institute has found that Black workers’ share of USPS jobs is significantly higher than their share of all public sector jobs.
Inequality.org
February 3, 2023
Links to Daniel’s blog post on California legislation on labor recruiters.
LA Times
February 3, 2023
On Tuesday, the U.S. Bureau of Labor Statistics released state and unemployment data for December 2022, which the Economic Policy Institute (EPI) used to analyze employment changes for the entire year.
AFL-CIO
February 3, 2023
Slower wage growth on its own isn’t great for workers. But inflation has also been slowing down at a faster rate, said Elise Gould, senior economist at the Economic Policy Institute.
Marketplace
February 3, 2023
“Productive aging” — that’s a good one. Sounds reasonable while being utterly vacuous. Monique Morrissey of the Economic Policy Institute provides a concise translation: “Raise the retirement age.”
LA Times
February 3, 2023
I talked to three people who want to make it harder for employers to misclassify workers: Nick Hanauer, a wealthy entrepreneur who founded Civic Ventures, a public policy incubator in Seattle; Heidi Shierholz, the president of the Economic Policy Institute, a think tank focused on low- and middle-income workers; and David Weil, who ran the wage and hour division of the Department of Labor during the Obama administration but was rejected by the Senate for the same job in the Biden administration.
New York Times
February 3, 2023