The Economic Policy Institute estimates that roughly 8.4 million workers in 23 states and Washington, D.C. saw minimum wage hikes ranging from $0.23 to $1.50 an hour on Jan. 1. Another 27 cities and counties also raised their minimum wages on New Year’s Day.
Next City
January 6, 2023
Noncompete agreements have become increasingly common in the workplace. One estimate by the left-leaning Economic Policy Institute found that a third of companies require all their workers to sign noncompetes — including many hourly workers in low-paid jobs like cleaning, food service and security.
CBS News
January 6, 2023
The proposed rule was cheered by the liberal-leaning Economic Policy Institute.
“Why do we need this rule? The only source of power nonunionized workers have vis-à-vis their employers is their ability to quit and take a job elsewhere. So, SURPRISE, employers are using noncompete agreements to cut that source of worker power off at [the] knees,” the organization said in a statement.
CNN
January 6, 2023
About half of all employers use non-competes, according to a 2019 survey from the Economic Policy Institute, while about a fifth of all American workers are subject to the agreements. The clauses, which are typically justified as a means to protect employees from sharing confidential information or trade secrets, largely result in lower wages as they limit bargaining ability, according to various studies.
Forbes
January 6, 2023
The left-leaning Economic Policy Institute estimates that between 36 million and 60 million private-sector workers are subject to noncompetes.
DC News Now
January 6, 2023
As a report by the Economic Policy Institute demonstrates, rising CEO pay does not reflect a change in the value of skills — it represents a shift in power. Over decades, American politics has undermined the bargaining power of workers by discouraging and obstructing self-organizing efforts, such as unionization.
The Conversation
January 6, 2023
The federal minimum wage has been stuck at $7.25 an hour since July 2009. Since then, the nation’s baseline pay has lost more than one-fourth its purchasing power. When factoring in inflation, today’s minimum wage hasn’t been worth this little since the 1950s, according to the left-leaning Economic Policy Institute.
CBS News
January 6, 2023
Yeah, that’s right. So as opposed to many of the other measures, this one is designed to help people who already have more money set aside. And it’s part of what’s been a big push in recent years to delay those required distributions because of taxes. Monique Morrissey, an economist with the Economic Policy Institute, she put it this way.
NPR
January 6, 2023
An economist at the Economic Policy Institute, a think tank that … the most vulnerable people who are employed in the economy — low-wage (paywall).
Law 360
January 6, 2023