“Doing something like this is a way to help sustain the increase in worker power over the last couple of years,” said Heidi Shierholz, president of the liberal Economic Policy Institute, who was chief economist at the Labor Department during the Obama administration.
New York Times
January 6, 2023
These measures are likely to open significant opportunities for workers without a college degree. Some analysts have projected that the infrastructure bill alone could generate as many as 800,000 jobs annually. Adam Hersh, a senior economist at the left-leaning Economic Policy Institute, estimated that about four-fifths of the jobs created under an earlier version of the Inflation Reduction Act passed in the House would not require a college degree, and he told me he believes the distribution is roughly the same in the final package.
The Atlantic
January 6, 2023
Raising the minimum wage would not lead to as fast or drastic an improvement, but a 2019 Congressional Budget Office analysis found that increasing the amount to $15 an hour would lift more than 500,000 children from poverty. And the Economic Policy Institute estimated in 2021 that if Congress passed a $15 minimum wage increase by 2025, up to 3.7 million people wouldn’t have to live in poverty — 1.3 million of those being children.
Nebraska Examiner
January 6, 2023
Inflation is on the rise, and increasing the minimum wage can help to reduce economic inequality, according to the Economic Policy Institute.
Axios
January 6, 2023
The Economic Policy Institute estimates that more than 8 million workers got a pay bump. That’s certainly welcome during these times of elevated inflation. Thing is, wages have been going up in this tight labor market — around 5% over the past year. So how much do hikes in the minimum wage matter?
Marketplace
January 6, 2023
As a result of the recent high inflation, minimum wage increases in states where cost of living is taken into consideration were greater than in years past, according to the Economic Policy Institute. Those include: Alaska, Arizona, California, Colorado, Maine, Minnesota, Montana, New Jersey, New York, Ohio, South Dakota, Vermont and Washington state.
NPR
January 6, 2023
Raising the minimum wage would not lead to as fast or drastic an improvement, but a 2019 Congressional Budget Office analysis found that increasing the amount to $15 an hour would lift more than 500,000 children from poverty. And the Economic Policy Institute estimated in 2021 that if Congress passed a $15 minimum wage increase by 2025, up to 3.7 million people wouldn’t have to live in poverty – 1.3 million of those being children.
The Miami Times
January 6, 2023
Policy Matters had the Economic Policy Institute, a Washington, D.C.-based think tank, analyze how the latest minimum wage increase in Ohio would impact low-wage workers.
The analysis estimates that:
- 188,300 Ohioans now paid less than $10.10 will see an increase
- 278,000 workers currently paid a little more than the new minimum will likely get a raise as employers adjust pay scales.
- Two-thirds of workers benefiting from the minimum wage increase are over 20.
Signal Cleveland
January 6, 2023
A study by the Economic Policy Institute found that AAPI workers have a higher unemployment rate than White workers but a lower unemployment rate than Black and Hispanic workers in the second quarter of 2022.
AsAm News
January 6, 2023
As of Jan. 1, 2023, 23 states and Washington DC have raised their minimum wage, according to the think tank Economic Policy Institute (EPI). The hikes will affect approximately 8.4 million workers, increasing wages by more than $5 billion.
Quartz
January 6, 2023