“One of the reasons why we continue to see persistent pay disparities both in gender and race is so much of the process and decision making about salary is hidden or secretive,” said Valerie Wilson of the Economic Policy Institute, a left-leaning think tank.
Wilson, director of the think tank’s Program on Race, Ethnicity and the Economy, said it but does feel there’s more worker willingness to discuss pay — and that’s an important first step. Still, she said, “you do need laws that really formalized it as a practice that everyone is required to adhere to.”
Morningstar
November 4, 2022
I tend to agree more with Heidi Shierholz, Chief Economist at the Economic Policy Institute, who said, “People who are quitting are taking other jobs, not just leaving the workforce.”
Forbes
November 4, 2022
Josh Bivens, director of research at the Economic Policy Institute, wrote in July that inflation does not directly decrease people’s incomes in the aggregate in the way that unemployment does and that in the long term, a recession would hurt economic growth more than inflation would.
Tennessee Lookout
November 4, 2022
What impact do unions have? According to the Economic Policy Institute, workers in unions earn an average of 10.2% more than their peers who are not organized; unions set higher wage standards for all workers; union workers are more likely to be covered by employer health insurance packages than non-unionized workers; and union workers have more paid vacation and sick days. Women and Black and Hispanic workers in unions are paid considerably more than their nonunion peers. No wonder unions have a 70% favorability rating, according to a recent Gallup poll, and union organizing is succeeding across the nation.
Knoxville News Sentinel
November 4, 2022
Corporate profits and CEO pay surged to an all time high this year, while more people than ever are taking second jobs to make ends meet. Corporate profits account for over half of the higher prices people are paying, according to the Economic Policy Institute.
KALW
November 4, 2022
About 60 million workers are subject to forced arbitration, according to a 2018 report from the left-leaning Economic Policy Institute. PAYWALL
Fortune
November 4, 2022
The Economic Policy Institute, a left-leaning think tank, argued that studies of state and local projects that used project labor agreements found that they did not decrease the number of bids for work or increase costs
Route Fifty
November 4, 2022
There’s a third major, often unappreciated factor fueling inflation: many US corporations have exploited the inflationary environment by aggressively increasing their prices and profit margins. Exxon’s second-quarter profits soared to $17.9bn, more than triple what it earned in last year’s second quarter, while Chevron’s earnings also more than tripled, to $11.6bn. The Economic Policy Institute, a progressive thinktank, found that roughly 40% of the recent inflation in the US can be attributed to fatter corporate profit margins. Maybe Republican TV ads should be attacking corporate greed rather than Joe Biden.
Guardian
November 4, 2022
Since 2020, corporate profits after tax have leaped to record highs, according to Federal Reserve statistics. The nonprofit Economic Policy Institute (EPI) calculates that corporate profits grew by nearly 54% from the second quarter of 2020 through the end of last year. That compares with an average of 11.4% a year over the previous four decades.
Forbes
November 4, 2022