Waiters and bartenders in states where the tipped minimum wage was still $2.13 per hour made almost 17% less than their counterparts in other states, according to a 2017 study from the left-leaning Economic Policy Institute.
Washington Times
February 16, 2021
The Economic Policy Institute writes that there are 1.6 unemployed workers for every job opening.
Business Insider
February 16, 2021
The Economic Policy Institute, which receives some of its funding from labor unions, analyzed the same congressional proposal as the CBO but found more workers would see higher wages.
It estimated the legislation would raise the pay of nearly 32 million workers and “meaningfully reduce the number of families in poverty.”
EPI also argues that a single, full-time worker without kids needs $15 an hour “to achieve a modest but adequate standard of living.”
FactCheck.org
February 16, 2021
For factual but dense reading go to “50 reasons the Trump administration is bad for workers” by the Economic Policy Institute, freely available on the web.
Moscow-Pullman Daily News
February 16, 2021
Black workers, especially, are overrepresented in essential jobs. Even though they represent about 12 percent of the total U.S. workforce, Black people hold roughly 14 percent of grocery store jobs, 26 percent of public transit positions, 18 percent of postal service jobs, 17.5 percent of health-care positions, and 19 percent of roles in child-care and social services, according to a 2020 report from the Economic Policy Institute.
Shape Magazine
February 16, 2021
The Economic Policy Institute (EPI) released a study that is already two years old, showing that Chief Executive Officer (CEO) pay for the top 350 firms in the country had grown by more than 1000% from 1978 to 2018.
What is more incredible is that the “bootstraps to riches” story is more and more a farce. The ratio of pay for a CEO to the average worker in 1965 was 20/1, meaning if an average worker was making $10,000, the average CEO was making $200,000. Definitely a disparity, but not crazy.
Huron Plainsman
February 16, 2021
Some economists took umbrage with that number, and how the CBO came to that projection.
“We believe that the CBO’s assumptions on the scale of job loss are just wrong and inappropriately inflated relative to what cutting-edge economics literature would indicate,” The Economic Policy Institute wrote in a blog post on the report. “The median employment effect of the minimum wage across studies of low-wage workers is essentially zero, according to a 2019 review of the evidence.”
Business Insider
February 16, 2021
“When she looks at policy that impacts workers, it’s not just looking at overall effects, it’s looking at what are going to be the distributional effects,” said Heidi Shierholz, senior economist and director of policy for the Economic Policy Institute. “What’s going to be the impact on racial equity? What’s going to be the impact on gender equity? What’s going to be the impact on the intersection of those two things?”
Bloomberg Law
February 16, 2021
For those on strike on Tuesday, $15 an hour is an urgent ask. The raise would increase the incomes of 32 million workers, including 59% percent of working families with incomes under the poverty line, according to the Economic Policy Institute. Nearly one third of all Black workers would receive a raise, and one out of four workers who would benefit would be a Black or Latina woman.
Fast Company
February 16, 2021
Max B. Sawicky is an economist and writer in the wilds of Virginia. He has worked at the Government Accountability Office and the Economic Policy Institute.
Jacobin
February 16, 2021