Some 90% are women, just over half (51.3%) are Black, Hispanic or Asian American and Pacific Islander women, and about a third are immigrants, more than twice the number of other U.S. workers, according to a study conducted by the Economic Policy Institute and released last week. According to EPI, the median wage of a domestic worker is $13.79 per hour, much less than other workers (whose median wage is $21.76 per hour).
LA Progressive
December 9, 2022
Romaine Bostick & Katie Greifeld bring you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street and tackles ISM manufacturing data, China’s Covid pivot and credit Guests Today: Maria Vassalou of Goldman Sachs, Heidi Shierholz of Economic Policy Institute, Greg Sharenow of PIMCO, Richard Ramsden of Goldman Sachs, Mark Howard of BNP Paribas Americas, Lori Heinel of State Street Global Advisors, Dr. Sara Vakhshouri of SVB Energy International
Bloomberg TV
December 9, 2022
“All the things that come from having a better job; being a white-collar worker; having more education; having a higher income — all the benefits are far more likely to accrue to you because employers are going to do more to try to attract and retain you because they have to,” said Elise Gould, an economist at the Economic Policy Institute. “Without policymakers trying to level the playing field there, those [same] inequalities are going to persist.”
Politico
December 9, 2022
Researchers from pro-union think tank the Economic Policy Institute found that high union density in an industry helps increase the floors for wages and benefits. Should companies in an industry raise their standards — such as by offering higher pay and making specific, demonstrated transparency efforts — these benefits will have a “‘spillover’ effect,” researchers said, to nonunion employers.
Polygon
December 9, 2022
The Economic Policy Institute says nearly 900,000 jobs were lost since the signing of NAFTA through 2002. Most of the jobs lost were in high-wage manufacturing, a majority disappearing within the rust belt.
Newsy
December 9, 2022
Part of the reason it’s cheaper is that contractors are not required to pay union wages or benefits, nor are they obligated to adhere to union rules. A 2021 report by the Economic Policy Institute found that union construction workers earned on average 40 percent more than their non-union workers.
Documented NY
December 9, 2022
“What we’ve seen over the last couple of years is a pretty solid bounce back from the pandemic recession [in life sciences],” Elise Gould, Ph.D., senior economist at the Economic Policy Institute, told BioSpace. The EPI is a non-profit think tank.
Biospace
December 9, 2022
Bringing child care workers back, said Elise Gould at the Economic Policy Institute, is economics, not rocket science.
“So pay is one thing, providing benefits, having better working conditions, having better hours, all of those things are going to entice more workers into that profession,” she said.
Marketplace
December 9, 2022
Along with Michigan, there are 12 other states that are raising their minimum wage in 2023, according to the Economic Policy Institute:
Click on Detroit
December 9, 2022
Black and Hispanic workers were significantly less likely to be able to work remotely, according to a study by the Economic Policy Institute.
Fortune
December 9, 2022