Because of this placement, the break time law failed to cover approximately 1 in 4 working women of childbearing age—or nearly 9 million working women. According to the Economic Policy Institute, this includes “more than 1 million black women, 976,000 Hispanic women, 825,000 Asian women, more than 6 million white women, and 185,000 women of other races.
Center for American Progress
January 27, 2023
To check this practice, the Economic Policy Institute proposed a temporary excess profits tax, which could balance the pricing power of massive, consolidated corporations. They argue that the pandemic has distorted pricing practices, which are not useful economic signals but just a temporary mismatch between supply and demand.
Ms. Magazine
January 27, 2023
“The fact that tens of millions of workers want to join a union and can’t is a glaring testament to how broken U.S. labor law is,” the Economic Policy Institute asserts in response to the BLS report. “It is urgent that Congress pass the Protecting the Right to Organize (PRO) Act and the Public Service Freedom to Negotiate Act. State legislatures must also take available measures to boost unionization and collective bargaining.”
In These Times
January 27, 2023
According to a new study from the Economic Policy Institute, states with restrictive abortion laws also have worse economic conditions, lower wages, less employment security, higher incarceration rates, and less access to unemployment benefits.
Counterpunch
January 27, 2023
Only 1 percent of Michigan’s 4.4 million workers, about 52,000 total, were making minimum wage when the rate increased this month, according to an analysis by the Economic Policy Institute, a progressive think tank in Washington D.C. that conducts research.
Lansing City Pulse
January 27, 2023
In recent years, a growing conversation about executive compensation and economic inequality has been hotly debated. Executive pay has grown 1,460% since 1978, according to research by the Economic Policy Institute last year. In 2021, CEOs earned 399 times as much as a typical worker.
Fortune
January 27, 2023
Based on data from the Social Security Administration, the percentage of earned income subject to Social Security’s payroll tax has declined from 90% in 1983 to just 81.4% as of 2021. As noted by a recently published blog from the Economic Policy Institute, that’s the lowest level of earnings being subjected to the payroll tax in 49 years. More importantly, it’s confirmation that wage growth for high-earning workers is outpacing the near-annual increase in the maximum taxable earnings cap for Social Security’s payroll tax.
Motley Fool
January 27, 2023
A report from the Economic Policy Institute backs up her assertion. Depending on where they live, teachers in the United States earn a weekly wage that is 3.4% to 35.9% less than that of their college-educated peers. In 28 states, that figure – known as a wage penalty – exceeds 20%. Benefits somewhat offset that pay reality, but not enough to level the playing field. The report found that teachers’ total compensation penalty grew by 11.5 percentage points from 1993 to 2021.
Christian Science Monitor
January 27, 2023
According to the Economic Policy Institute, Colorado teachers earn on average about $60,000 annually. That’s about 40 percent, or $21,000, less than other college-educated professionals in the state.
Denver 7
January 27, 2023
We turn to the Economic Policy Institute for the dour details of what it means to be an independent contractor in the American labor market now. “The way a worker is classified has serious implications and costs for their labor rights and economic security. When employers misclassify workers who are employees as independent contractors, they lose the legal right to earn at least the applicable minimum wage and to be paid time-and-a-half for overtime hours.
Counter Punch
January 27, 2023