Pay rose at historically fast rates for low-wage workers in the U.S. between 2019 and 2022, even after adjusting for inflation, according to an analysis from the Economic Policy Institute released Thursday morning.
Axios
March 24, 2023
A recent episode of The Problem With Jon Stewart featured EPI’s research on inflation.
The Problem with Jon Stewart
March 24, 2023
A new report from the left-leaning Economic Policy Institute analyzes wage growth from 2019 to 2022.
Business Insider
March 24, 2023
Cites EPI research on corporate profits.
Breaking Points
March 24, 2023
Between 2019 and 2022, the lowest-paid saw their real income grow 9%, according to a new analysis from the Economic Policy Institute. Even accounting for inflation, income for workers in the bottom 10% grew faster than in any recovery since 1979.
“It’s incredibly unusual how well they did,” said Elise Gould, EPI senior economist and one of the report’s authors.
CBS Moneywatch
March 24, 2023
“It’s a really troubling moment right now,” said Jennifer Sherer of the left-leaning Economic Policy Institute. “We should be strengthening the system, including making sure that the permitting and the permissions and the vetting are stronger, not weaker.”
Bloomberg Law
March 24, 2023
“I think it’s a sign of the times,” said Jennifer Sherer, a senior state policy coordinator for the Economic Policy Institute (EPI). “It is a sign of how stark extreme inequality has become, how aware the majority of workers and voters are of how unequal our economy and unequal our power is distributed in our workplaces right now.
“It’s a sign of the growing interest in reviving unions, and an acknowledgement of their really important role that they play in leveling the playing field and rebalancing that power.”
Michigan Advance
March 24, 2023
States across the country are attempting to weaken child labor protections, just as violations of these standards are rising, according to the left-leaning Economic Policy Institute. The group issued a report this week that identifies 10 states as introducing or passing bills weakening child labor standards in the past two years alone.
Route Fifty
March 24, 2023
According to an important new report from the Economic Policy Institute, or EPI, at least 10 states have introduced bills weakening child labor protections during the past two years, and four have enacted them—New Hampshire, Arkansas, New Jersey, and (here’s one I missed) Iowa, which last year lowered (from 18 to 16) the minimum age for workers in childcare centers. The EPI report also said that the number of child labor violations has nearly quadrupled since 2015, from 1,012 to 3,876.
The New Republic
March 24, 2023
Contracts ratified last year called for first-year wage raises averaging 5.7%, the review of 817 deals showed. That marks a significant jump over the 3.7% average first-year increase in agreements ratified in 2021, and the highest average rate in more than 30 years.
Features quote from Celine (paywall).
Bloomberg Law
March 24, 2023