Boston Globe
April 29, 2024
The DOL will automatically update the threshold every three years using current wage data. The next adjustment would occur on July 1, 2027. The new rule would impact 4.3 million U.S. workers, according to the Economic Policy Institute, or 3% of workers subject to the Fair Labor Standards Act.
Retail Dive
April 29, 2024
A recent study published by the Economic Policy Institute, a nonprofit think tank, finds that the U.S. economy does better when a Democrat is in the White House than when a Republican is in charge (bit.ly/EPIstudy2024).
The study looked at gross domestic product growth, job growth, inflation-adjusted wage growth, the unemployment rate and more. It found that the Democrats have had an economic advantage since at least 1949.
The study also found that economic gains are “distributed substantially more equally” when a Democrat is in the White House.
Lancaster Online
April 29, 2024
But without the rule, tipped-wage earners—especially women and people of color—will lose out on an important safety net, The Economic Policy Institute, National Women’s Law Center and Restaurant Opportunities Center United, said in an amicus brief to the Fifth Circuit defending the policy.
Bloomberg Law
April 29, 2024
The labor department’s wage and hour division found violations in 88% of the H-2A investigations it opened in the last five years. But most farm employers are never inspected by the agency because it lacks funding and staffing, according to a recent study from the Economic Policy Institute.
…
Costa expects legal challenges to the new rule, but he said the Department of Labor has the authority to make these “modest and reasonable” changes to the H-2A program’s standards.
“The law requires that the U.S. government protect labor standards in the H-2A program, so they have a lot of authority to set that program up,” said Costa, director of immigration law and policy research at Economic Policy Institute. “And I think it’s good to use that authority to have updated protections that reflect the reality for H-2A workers.”
KQED
April 29, 2024
Nonetheless, noncompetes are widespread in such occupations as hairdressing, hash slinging, and car parking—not to stop the spread of trade secrets, of course, but simply to limit competition and suppress wages. A 2019 study by the Economic Policy Institute found that roughly 30 percent of workplaces where the average yearly pay was less than $22,500 subjected all their employees to noncompetes.
American Prospect
April 29, 2024
Elise Gould, an economist at the Economic Policy Institute, told Business Insider that a stagnant minimum wage and falling unionization rates have contributed to lower pay for some workers. The lower the pay, the less motivated some people might be to take a job.
Additionally, rising incarceration rates in recent decades could be making it difficult for some men to find work once they return to society, Gould said. Incarcerated men aren’t counted in government labor force statistics, but when they are released, their struggles to find work would weigh on the male employment rate.
Business Insider
April 29, 2024
Workers will earn an additional $1.5 billion extra per year under the new rules, according to an analysis by the Economic Policy Institute, a progressive think tank. It’s also likely to reduce the amount of unpaid overtime that salaried workers undertake, economists at the EPI said in a blog post.
Investopedia
April 29, 2024
“There’s still millions of people out there who should have some kind of overtime pay protections who don’t, and this will hopefully go a long way toward making up some of that gap,” said Samantha Sanders, director of government affairs and advocacy at the left-leaning Economic Policy Institute. “But I’m sure [officials] are assuming there will be a fight over it.”
MarketWatch
April 29, 2024
And a lot of people maybe think of these as something at the C-suite or executive level.
However, a 2019 study by the left-leaning Economic Policy Institute found that about 30 percent of the workers that were covered under these agreements actually made $13 or less per hour.
PBS Newshour
April 29, 2024
A recent study published by the Economic Policy Institute, a nonprofit think tank, finds that the U.S. economy does better when a Democrat is in the White House than when a Republican is in charge (bit.ly/EPIstudy2024).
The study looked at gross domestic product growth, job growth, inflation-adjusted wage growth, the unemployment rate and more. It found that the Democrats have had an economic advantage since at least 1949.
The study also found that economic gains are “distributed substantially more equally” when a Democrat is in the White House.
Lancaster Online
April 29, 2024
But without the rule, tipped-wage earners—especially women and people of color—will lose out on an important safety net, The Economic Policy Institute, National Women’s Law Center and Restaurant Opportunities Center United, said in an amicus brief to the Fifth Circuit defending the policy.
Bloomberg Law
April 29, 2024
The labor department’s wage and hour division found violations in 88% of the H-2A investigations it opened in the last five years. But most farm employers are never inspected by the agency because it lacks funding and staffing, according to a recent study from the Economic Policy Institute.
…
Costa expects legal challenges to the new rule, but he said the Department of Labor has the authority to make these “modest and reasonable” changes to the H-2A program’s standards.
“The law requires that the U.S. government protect labor standards in the H-2A program, so they have a lot of authority to set that program up,” said Costa, director of immigration law and policy research at Economic Policy Institute. “And I think it’s good to use that authority to have updated protections that reflect the reality for H-2A workers.”
KQED
April 29, 2024
Nonetheless, noncompetes are widespread in such occupations as hairdressing, hash slinging, and car parking—not to stop the spread of trade secrets, of course, but simply to limit competition and suppress wages. A 2019 study by the Economic Policy Institute found that roughly 30 percent of workplaces where the average yearly pay was less than $22,500 subjected all their employees to noncompetes.
American Prospect
April 29, 2024
Elise Gould, an economist at the Economic Policy Institute, told Business Insider that a stagnant minimum wage and falling unionization rates have contributed to lower pay for some workers. The lower the pay, the less motivated some people might be to take a job.
Additionally, rising incarceration rates in recent decades could be making it difficult for some men to find work once they return to society, Gould said. Incarcerated men aren’t counted in government labor force statistics, but when they are released, their struggles to find work would weigh on the male employment rate.
Business Insider
April 29, 2024
Workers will earn an additional $1.5 billion extra per year under the new rules, according to an analysis by the Economic Policy Institute, a progressive think tank. It’s also likely to reduce the amount of unpaid overtime that salaried workers undertake, economists at the EPI said in a blog post.
Investopedia
April 29, 2024
“There’s still millions of people out there who should have some kind of overtime pay protections who don’t, and this will hopefully go a long way toward making up some of that gap,” said Samantha Sanders, director of government affairs and advocacy at the left-leaning Economic Policy Institute. “But I’m sure [officials] are assuming there will be a fight over it.”
MarketWatch
April 29, 2024
And a lot of people maybe think of these as something at the C-suite or executive level.
However, a 2019 study by the left-leaning Economic Policy Institute found that about 30 percent of the workers that were covered under these agreements actually made $13 or less per hour.
PBS Newshour
April 29, 2024
A recent study published by the Economic Policy Institute, a nonprofit think tank, finds that the U.S. economy does better when a Democrat is in the White House than when a Republican is in charge (bit.ly/EPIstudy2024).
The study looked at gross domestic product growth, job growth, inflation-adjusted wage growth, the unemployment rate and more. It found that the Democrats have had an economic advantage since at least 1949.
The study also found that economic gains are “distributed substantially more equally” when a Democrat is in the White House.
Lancaster Online
April 29, 2024
But without the rule, tipped-wage earners—especially women and people of color—will lose out on an important safety net, The Economic Policy Institute, National Women’s Law Center and Restaurant Opportunities Center United, said in an amicus brief to the Fifth Circuit defending the policy.
Bloomberg Law
April 29, 2024
The labor department’s wage and hour division found violations in 88% of the H-2A investigations it opened in the last five years. But most farm employers are never inspected by the agency because it lacks funding and staffing, according to a recent study from the Economic Policy Institute.
…
Costa expects legal challenges to the new rule, but he said the Department of Labor has the authority to make these “modest and reasonable” changes to the H-2A program’s standards.
“The law requires that the U.S. government protect labor standards in the H-2A program, so they have a lot of authority to set that program up,” said Costa, director of immigration law and policy research at Economic Policy Institute. “And I think it’s good to use that authority to have updated protections that reflect the reality for H-2A workers.”
KQED
April 29, 2024
Nonetheless, noncompetes are widespread in such occupations as hairdressing, hash slinging, and car parking—not to stop the spread of trade secrets, of course, but simply to limit competition and suppress wages. A 2019 study by the Economic Policy Institute found that roughly 30 percent of workplaces where the average yearly pay was less than $22,500 subjected all their employees to noncompetes.
American Prospect
April 29, 2024
Elise Gould, an economist at the Economic Policy Institute, told Business Insider that a stagnant minimum wage and falling unionization rates have contributed to lower pay for some workers. The lower the pay, the less motivated some people might be to take a job.
Additionally, rising incarceration rates in recent decades could be making it difficult for some men to find work once they return to society, Gould said. Incarcerated men aren’t counted in government labor force statistics, but when they are released, their struggles to find work would weigh on the male employment rate.
Business Insider
April 29, 2024
Workers will earn an additional $1.5 billion extra per year under the new rules, according to an analysis by the Economic Policy Institute, a progressive think tank. It’s also likely to reduce the amount of unpaid overtime that salaried workers undertake, economists at the EPI said in a blog post.
Investopedia
April 29, 2024
“There’s still millions of people out there who should have some kind of overtime pay protections who don’t, and this will hopefully go a long way toward making up some of that gap,” said Samantha Sanders, director of government affairs and advocacy at the left-leaning Economic Policy Institute. “But I’m sure [officials] are assuming there will be a fight over it.”
MarketWatch
April 29, 2024
And a lot of people maybe think of these as something at the C-suite or executive level.
However, a 2019 study by the left-leaning Economic Policy Institute found that about 30 percent of the workers that were covered under these agreements actually made $13 or less per hour.
PBS Newshour
April 29, 2024
The new rule is expected to benefit around 4.3 million salaried employees, of which, according to the Economic Policy Institute, 2.4 million are women, while one million are people of color. The majority of workers are located in the professional, commercial and social services sector.
AS USA
April 26, 2024
Sure, historically, companies used these agreements to lock down highly skilled workers and executives with access to trade secrets or proprietary information. But that hasn’t been the case for decades. According to the Economic Policy Institute, a third of companies now require all their workers to sign non-competes. That includes “valued” employees such as hourly workers in minimum wage jobs doing janitorial duties or food service.
Computer World
April 26, 2024
Leelanau County is the most expensive county in the country for food costs, according to a recent national study that’s making the rounds on social media and internet forums.
The Economic Policy Institute, a Washington D.C.-based nonprofit think tank, produces a Family Budget Calculator each year. EPI says the calculator “measures the income a family needs in order to attain a modest yet adequate standard of living.” Costs tied to housing, food, childcare, heath care and more are drawn from diverse data sets and incorporated into the calculator.
Leelanau Ticker
April 26, 2024
In an analysis of the cost of basic necessities by the Economic Policy Institute, median annual expenses for a family with two adults and two children in the 100 largest U.S. metropolitan areas were $104,760. This means that in about half of those areas, the cost was higher than that. The nonprofit think tank’s 2024 family budget calculator does not include retirement, college or emergency savings, which are often critical factors for long-term financial security.
To compensate for the cost of necessities exceeding median income, ‘a lot of people are making compromises in one way or another.’Zane Mokhiber, director of data management and analysis at the Economic Policy Institute.
MarketWatch
April 26, 2024