An increase in minimum wage in 22 states, effective Jan. 1, raised pay for nearly 10 million workers, according to an analysis from the left-leaning Economic Policy Institute.
The wage boosts will disproportionately affect Black and Hispanic workers, who make up a greater share of workers receiving raises than of the workforce overall, according to EPI.
Politico Morning Shift
January 5, 2024
Additionally, a study by the Economic Policy Institute found increasing minimum wage creates a more equitable economy – disproportionately helping women, Black, and Hispanic workers, as well as working families.
WJLA
January 5, 2024
The average annual cost of infant care in Pennsylvania is $11,842 or $987 per month. Child care for a 4-year-old costs $9,773, or $814 each month, according to the Economic Policy Institute.
Pittsburgh Post Gazette
January 5, 2024
In September, Emily Zhang observed in a blog post for the nonprofit Economic Policy Institute that to stabilize at current levels, the U.S. debt-to-GDP ratio would require either raising taxes or lowering spending by 2.2 percent and that “this is eminently doable through tax increases alone.” Recall that as a proportion of GDP, taxes in the U.S. rose 2.7 percentage points between 2018 and 2022 without anybody much noticing.
New Republic
January 5, 2024
In fact, according to a recent study by the Economic Policy Institute, come the first of the year, Maryland will join 21 other states in boosting their minimum wages, increasing pay for nearly 10 million workers nationwide.
WJLA
January 5, 2024
The Economic Policy Institute’s economists Elise Gould and Josh Bivens estimate wage inequality deprived the system of $1.4 trillion (almost the size of the current Social Security deficit.
Forbes
January 5, 2024
According to the Economic Policy Institute, employers spend $433 million per year on union-avoidance consultants—outside specialists who are brought in and paid hundreds of dollars per hour to convince workers not to unionize.
Fast Company
January 5, 2024
Of the 10 states that passed rollbacks of child labor protections in 2021-2023 as tracked by the union-affiliated Economic Policy Institute, seven were Republican-controlled.
LA Times
January 5, 2024
A 2009 Economic Policy Institute study found that 52% of newly unionized workplaces didn’t have a new contract one year after winning an election, and 37% were without a contract two years after a successful vote.
Bloomberg Law
January 5, 2024
Celine McNicholas, the policy director at the left-leaning Economic Policy Institute, noted that the administration even tried to start charging federal unions for the use of office space in federal buildings, a move she described as “truly petty.”
“That, to me, revealed what a Trump administration is like more than anything else,” McNicholas said. “Never missing an opportunity to take away from workers the ability to organize.”
Huffpost
January 5, 2024
The raise will affect 48,800 Rhode Island workers — 10.2 percent of the workforce, according to an Economic Policy Institute report released last week. On average, the increase represents a $703 bump in annual earnings.
Patch Rhode Island
January 5, 2024
Roughly two dozen states are seeing minimum wage rises in the New Year, according to a recent report by the Economic Policy Institute.
Denver Gazette
January 5, 2024
The Center for Popular Democracy, an assemblage of community groups and the Economic Policy Institute projected in 2019 that 80% of private sector, nonunion workers would be subject to mandatory arbitration by 2024.
American Prospect
January 5, 2024
About 44% of employers statewide subject some workers to noncompete agreements, and about 23% subject all workers to the agreements, according to the Economic Policy Institute, a nonprofit.
New York Daily News
January 5, 2024
Almost 10 million people in 22 states across the country will see a minimum wage pay increase in 2024, according to the Economic Policy Institute. The Institute estimates that workers will receive $6.95 billion in additional wages from these increases.
NewsNation
January 5, 2024
“When the labor market is tight, union activity is less risky because you’re more likely to be able to find another job in a reasonable time if an employer retaliates against you,” said Heidi Shierholz, former Labor Department economist and president of the Economic Policy Institute, a Washington-based think tank.
The Washington Post
January 5, 2024
Since 2021, at least 10 states have introduced or passed laws rolling back protections for children, the Economic Policy Institute noted in a recent report. The legislative push is “part of a coordinated campaign backed by industry groups intent on eventually diluting federal standards that cover the whole industry,” according to the left-leaning think tank.
CBS Moneywatch
January 5, 2024
While more work needs to be done — and is being done — to support the continued transition to EVs, the Economic Policy Institute estimates that more than 150,000 jobs could be created in the auto sector in 2030 because of the vehicles if a number of factors fall into place.
Yahoo
January 5, 2024
Twenty U.S. states still use the federal minimum wage of $7.25 an hour, the Economic Policy Institute (EPI) says.
KTVB (Boise)
January 5, 2024
Unionization has been booming in recent years and today some 16 million employees in the United States are union members, according to data collected by the Economic Policy institute. In 2022, union ranks increased by almost a quarter million, the institute says.
Legal Dive
January 5, 2024
The Big Three made a quarter-trillion in profits and CEO pay rose 40% from 2013-2022, but average real wages for auto workers have fallen almost 20% since 2008, according to the Economic Policy Institute.
High Country News
January 5, 2024
According to early-childhood advocacy group Think Small of Little Canada, the median Minnesota family with one infant spends about 21% of their household income on child care, compared with the 7 % of income that the Economic Policy Institute (EPI), a nonprofit think tank, deems “affordable.” EPI put the average annual cost at $16,087.
Minneapolis Star Tribune
January 5, 2024
The Economic Policy Institute estimated that 91,000 Nebraska workers — 9.5% of Nebraska’s workforce — would see a wage increase when the state’s minimum wage went up.
Omaha World-Herald
January 5, 2024
Although a growing number of states have enacted paid sick leave laws, the share of the lowest-wage workers with access to that benefit has nearly doubled from 20% to 39% since 2010, according to a new Economic Policy Institute report.
CPA Practice Advisor
January 5, 2024
New York is one of 22 states getting minimum wage rises in the new year, according to a recent report by the Economic Policy Institute.
Associated Press
January 5, 2024
According to the Economic Policy Institute, on Jan. 1, 22 states will increase their minimum wages, raising pay for an estimated 9.9 million workers. In total, workers will receive $6.95 billion in additional wages from state minimum wage increases.
St. Louis Post Dispatch
January 5, 2024
On Jan. 1, 22 states — including Michigan — will increase their minimum wages, raising pay for an estimated 9.9 million workers. According to the Economic Policy Institute, the increases will provide support to many workers and families in need. Almost one in five workers getting a raise Jan. 1 have incomes below the poverty line. More than a quarter of the affected workers are parents.
Iron Mountain Daily News
January 5, 2024
Minimum-wage workers in 22 states are going to see more money in their paychecks in the new year.
Those increases will affect an estimated 9.9 million workers, according to the Economic Policy Institute (EPI), which estimates that those bumped wages will add up to an additional $6.95 billion in pay.
NPR
January 5, 2024
In total, an estimated 9.9 million workers will see additional wages thanks to the increased rate, equating to $6.95 billion in wages, according to an analysis from the Economic Policy Institute (EPI).
Fast Company
January 5, 2024
Higher minimum wages will go into effect on January 1 across 22 states, giving an economic boost to almost 10 million workers, according to a recent estimate.
The higher baseline wages will deliver almost $7 billion in additional annual wages to about 9.9 million workers, the left-leaning Economic Policy Institute said in a research post on December 21. The increases will boost the baseline pay to at least $16 an hour in three states: California, New York and Washington.
CBS Moneywatch
January 5, 2024