CEOs still aren’t exactly hurting. The heads of the biggest US companies made 399 times more than the average worker in 2021, according to the Economic Policy Institute, an almost 20-fold increase in the pay ratio since 1965.—SK
Morning Brew
February 3, 2023
An analysis of 11 occupations where misclassification is common—including in construction, security, and janitorial services—by the left-leaning Economic Policy Institute found that on average workers lose out on up to $9,820 yearly in those industries when they are illegally classified as independent contractors instead of employees.
Bloomberg Law
February 3, 2023
Biden and other members of the administration have vaunted rising wages as proof of a thriving economy. And it’s true, wages are up — nominal wage growth for nonfarm employees was up 5.1% in the 12 months ending in November, according to the Economic Policy Institute.
The Washington Examiner
February 3, 2023
According to the Economic Policy Institute, low wages hurt all workers, but especially Black workers and workers of color. Additionally, low wages put women of color at a major disadvantage, as they are often underpaid.
Grand Valley Lanthorn
February 3, 2023
According to a 29-page report from The Economic Policy Institute (EPI), the main drivers of the teacher shortage are not only compensation and stress, but also a lack of interest in the field. EPI is a non-partisan national think tank that researches economic trends and policies in the United States.
NJ.com
February 3, 2023
The report said Colorado educators make about 36 percent less compared to other professionals with the same amount of education, citing research by the Economic Policy Institute. Colorado educators make on average $60,000 a year.
Colorado Public Radio
February 3, 2023
Noncompete are agreements that ensure employees will not enrich a competing business either during or after the business relationship. They can place many limits on current and former employees, from when or even where they can work. Noncompetes can be provisions in an employment contract or a standalone agreement. And they are not uncommon. In 2019, the Economic Policy Institute reported that 32% of the private sector businesses reported that employees signed a noncompete agreement.
Minnesota Lawyer
February 3, 2023
And Black Americans also face disparities in employment; the typical white worker earns more than 24 percent per hour more than the typical Black worker, according to a 2019 report by the Economic Policy Institute.
The Hill
February 3, 2023
A report from the Economic Policy Institute cites a finding that 51.6% of North Carolina employers require at least one employee to sign a non-compete agreement and 29% require all their employees to sign one. These percentages are among the highest of the larger states and underscore the pervasiveness of this practice.
NC Policy Watch
February 3, 2023
People who took out student loans and attended some college — but didn’t finish and earn a bachelor’s degree — can land in a tough spot. Though they tend to have lower loan balances, they also don’t enjoy the 66% average income bump that college graduates have compared to high school graduates with some college, per 2017 data from the Economic Policy Institute, a progressive think tank.
NerdWallet
February 3, 2023