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Tag Archives: Economic Policy Institute
People Who Work For Tips Are Twice As Likely To Live In Poverty
By Bryce Covert People who work for tips are far more likely to live in poverty, according to a new report from the Economic Policy Institute EPI. The poverty rate for workers who don’t make tips is 6.5 percent, but … Continue reading
Posted in News from the Soul Brother
Tagged business, Economic Policy Institute, Living wage, money, poverty, Snap, tips, wages, WIC, Working poor
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Raising The Minimum Wage To $10.10 Would Boost Growth By $22 Billion
By Bryce Covert Raising the minimum wage to $10.10 an hour by 2016 would increases wages by $35 billion, and the resulting increase in consumer spending would mean a GDP boost of $22.1 billion, which would support about 85,000 new … Continue reading
The United States of financial insecurity
By Suzy Khimm Five years removed from the financial crisis, most Americans no longer feel they’re drowning in debt. But a new poll shows they still have that sinking feeling when it comes to long-term finances—and they feel Washington is … Continue reading
Where Have America’s Wages Gone?
By Richard (RJ) Eskow A new briefing paper from the Economic Policy Institute provides an overview of the income stagnation currently plaguing the vast majority of Americans. “A Decade of Flat Wages,” by Lawrence Mishel and Heidi Shierholz, offers valuable background on … Continue reading
Black Unemployment Drives ‘Perpetual, Slow-Moving Recession’
By Artgur Delaney Tatia Pritchett’s 2002 Hyundai Sonata blew a tire early on a Friday morning in June when she was on her way to work. “I was driving and all of a sudden, KAPOW,” she said. She pulled over and … Continue reading
CEO Pay Went Up 16% Last Year to $15 million — How Much Did Your Pay Go Up?
By Helaine Olen Congratulations CEOs! You’ve been having a great time of it. Salaries are up, and up in a major way. The Economic Policy Institute says you brought home an average $14.1m in 2012. The New York Times, looking … Continue reading
Last Week in Poverty: The Unfinished March on Washington for Jobs and Freedom
By Greag Kaufmann “[African-Americans] must march from the rat-infested, overcrowded ghettos to decent, wholesome, unrestricted residential areas disbursed throughout our cities…. They must march from the play areas in crowded and unsafe streets to the newly opened areas in the … Continue reading
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