EPI in the news

• Detroit and Hollywood Are Just the Advance Guard. Expect More Strikes.

  Despite the new momentum, unions have a steep climb to reverse the decades- long decline. Recent union drives, while gaining attention, haven’t produced a plethora of new labor contracts. Many existing union members also are working under expired agreements while negotiations drag on. Current laws and regulations do little to help, says Margaret Poydock, a senior policy analyst with the Economic Policy Institute, a nonprofit think tank.

  Barron’s | September 29, 2023
• Remarks by Chair Jared Bernstein at the Economic Policy Institute

  Over the past year, my colleagues in the Biden administration have presented compelling explanations of our approach to international trade. It is an approach that is unsurprisingly rooted in Bidenomics, specifically by recognizing two simple realities that EPI saw decades before most others.

  The White House | September 29, 2023
• The average CEO of a top UK company is white, rich, and probably named Andrew: report

  To add context to CEO salaries, the Economic Policy Institute found that in 2021, the top 350 US CEOs made 399 times more than the average American’s annual salary. This disparity marks the widest gap the institute has recorded from 1965 to 2021.

  Business Insider | September 29, 2023
• UAW strike has me thinking about the American dream

  The Economic Policy Institute calculated in 2022 that in the last four decades, CEO to average worker pay at big U.S. corporations jumped from less than 40 to 1 to 400 to 1.

  Iowa City Press Citizen | September 29, 2023
• In some cities, domestic workers are entitled to contracts. Many never get one.

  There are more than 2 million domestic workers in the United States, according to a study by the Economic Policy Institute, a liberal research group. Laws similar to Chicago’s are on the books in San Francisco and Philadelphia. 

  Marketplace | September 29, 2023
• This Time Really Is Different for the Economy. Just Look at the Job Market’s Confounding Strength.

  Crucially, participation could be poised to keep rising. Department of Labor data show that the share of people moving into employment after being disconnected from the labor force—meaning they found a job without spending time searching for work—is at elevated levels, notes Elise Gould, a senior economist with the Economic Policy Institute. That, she says, means “the reserve of workers is much larger than the unemployment level would suggest.”

  “It means there is still room to grow,” Gould adds.

  Barron’s | September 29, 2023
• The Congressional Black Caucus Issues a Call for Economic Justice

  Even in times of expansion, there has been little change in the fundamentals of an enormous wealth gap, persistent wage gap, disproportionate levels of unemployment, low workforce participation, limited fields of occupation, and a half-century of stunted growth of the middle class, according to The Unfinished March, a 2013 symposium by the Economic Policy Institute.

  The Messenger | September 29, 2023

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