Nonprofit, nonpartisan think tank using the tools of economics for more than 30 years to defend and promote the interests of workers in economic policy debates.
This week marks almost 80 years since Operation Dixie, the largest effort to unionize workers across the South in American history. Operation Dixie was unfortunately defeated by a Southern economic development model that is
#RootedinRacism
Higher top marginal tax rates—an idea recently championed by
@AOC
—could help equalize this pre-tax income growth by reducing the incentives of the privileged to rig the rules of the economy to send money their way.
NEW: The value of the federal minimum wage is at its lowest point in 66 years.
After the longest period in history without an increase, the minimum wage today is worth 27% less than 13 years ago—and 40% less than in 1968.
Congress must
#RaiseTheWage
.
NEW: States with abortion restrictions or bans have lower wages, weaker labor standards, and higher levels of incarceration compared to states where abortion is protected.
Abortion rights are economic rights. Full stop.
“The costliest crime in the U.S. is actually being committed by corporations,” says
@Trevornoah
, citing EPI research on wage theft.
“Instead of following Black people around the store, security guards should be hovering over CEOs at their desk.”
Forget quiet quitting—we need to talk about quiet fleecing. Workers are more productive than ever, but their pay hasn’t kept pace while top 1% wages have skyrocketed.
NEW: Wages rose fastest for the top 1% and 0.1% of earners in 2021, while the bottom 90% took a pay cut.
Inequality has skyrocketed over the past 40 years. This growing inequality isn’t inevitable—it is a result of policy choices to reduce worker power.
NEW: Wages for the top 1% skyrocketed 160% since 1979 and wages for the top 0.1% grew more than twice as fast at 345%. Meanwhile, wages for the bottom 90% grew just 26%.
Don’t let the name fool you, “right-to-work” laws are designed to diminish workers’ collective bargaining power by making it harder to form unions.
Michigan is ready to make history by becoming the first state in 60 years to repeal the anti-worker law.
If the minimum wage had increased at the same pace as productivity growth over the last 70 years, it would be over $22 an hour today. The U.S. can certainly afford a $15 minimum wage.
Learn more about why we need to
#RaiseTheWage
:
“It is not a radical idea that the economy should work for everyone and not just those at the very top,” says
@SenSanders
at the
#RaiseTheWage
introduction. Watch:
Teacher shortage=shortage of good pay? The teacher retention crisis is only getting worse and children are suffering for it. Our latest report reveals the pay gap between teachers and similarly educated non-teachers grew to a record 23.5% in 2021.
Our new report finds that a $15 minimum wage would increase tax revenue by between $7 billion to $13.9 billion and reduce expenditures on public assistance programs by between $13.4 billion to $31 billion.
NEW: 32 million workers would receive a raise under a $15 minimum wage—and 24 million of them are in states where senators voted against it.
Our new report shows how many workers would benefit in each state.
#RaiseTheWage
#FightFor15
Unions are not only good for workers, they’re good for communities and for democracy. Our new report documents how high unionization levels are associated with greater economic, personal, and democratic well-being.
March 19th:
@SenSanders
hosts a live town hall on the rise of oligarchy and decline of the working class!
He'll speak with
@MMFlint
,
@SenWarren
and economist
@DarrickHamilton
about the 40-year decline in wages and possible solutions to income inequality:
As we near the end of
#TeacherAppreciationWeek
, a reminder that we can show our appreciation for teachers by paying them a fair salary. Teachers make between 2.0% and 32.7% less than other comparable college-educated workers, depending on the state.
As union membership rose in the 1930s and 1940s, the bottom 90% gained significantly. But as the decline in union membership began accelerating after 1979, the top 10% took ever-larger shares of income.
#1u
#topcharts2019
Employers are charged with violating federal law in 41.5% of all union election campaigns.
Last night,
@iamjohnoliver
highlighted EPI research on employer tactics to thwart workers’ union organizing efforts and showed why Congress must pass the PRO Act.
Corporate profits have contributed disproportionately to inflation. Through the third quarter of 2022, profits are still contributing well over 3 times as much to price growth as normal.
#CPI
Abortion access is critical for women to be able to decide their own economic trajectories.
The recent decision by
@Walgreens
to not distribute the abortion pill (mifepristone) in 21 states will put women’s lives and economic security at risk.
Hostage-taking over the debt ceiling is threatening to restrict Medicaid & food assistance with additional “work requirements.” This is a failed policy based on false ideas about poverty, work, and labor markets.
NEW: The Biden-Harris executive order establishing a $15 minimum wage for federal contractors will lift pay for up to 390,000 workers, with an average annual pay increase of up to $3,100.
Newly released numbers from the U.S. Bureau of Labor Statistics project that six of the ten occupations expected to have the most total job growth over the next decade pay less than $27,000 a year.
Florida is set to roll back over 100 years of child labor protections with a proposed bill that would allow 16-17-year-olds unlimited work hours, even on school nights.
Lower unionization has reduced wages by 7.9% since 1979.
But this deunionization wasn’t inevitable—it was a deliberate policy choice made on behalf of wealthy interests and corporations, and it can be reversed.
NEW: Workers would be earning $10 more per hour if their wages had kept up with the increase in productivity over the past 40 years, according to our new report.
Learn more from
@LarryMishel
and
@joshbivens_DC
:
Children, many of them Black, brown & immigrant youth, are increasingly working hazardous jobs, and many are working long hours. States are failing them even as child labor violations are on the rise by trying to gut child labor laws.
It's no wonder Starbucks workers are unionizing when 63% of the coffee giant’s workers make less than $15 an hour. Instead of union busting, Starbucks should pay their workers a living wage.
Scoop: Starbucks baristas at 100+ cafes in 40+ cities plan to welcome their new CEO with strikes today, demanding an end to alleged union-busting
@SBWorkersUnited
Comes a day before shareholder meeting and a week before Howard Schultz’s Senate grilling
When employers don’t share the gains of increased productivity, keeping the benefits for themselves, inequality soars and workers suffer. This is not what a fair economy looks like.
Social insurance programs kept millions of people out of poverty in 2021.
These programs are clearly effective and policymakers must continue to prioritize poverty reduction and make these programs permanent.
NEW: The erosion of collective bargaining since 1979 has cost the median worker $3,250 annually. Declining unionization has driven 33% of the growth of the wage gap between high- and middle-wage earners.
We need the PRO Act. Learn more from
@LarryMishel
:
NEW: Employers were charged with violating federal labor law in nearly 40% of union elections—and those are just the ones we know about.
Using
@NLRB
data, we analyzed the charges, which include firings, retaliation, and changing work terms.
NEW: Our Company Wage Tracker shows how much hourly workers are paid at large retail and food service firms, including Starbucks, McDonald's, and Dollar General.
Check out our interactive project with
@Shift_HKS
:
NEW🚨: CEO pay soared nearly 19% in 2020 while corporations laid off millions of workers during the pandemic. CEOs made 351 times as much as the typical worker.
Read our report:
BREAKING: Michigan Governor Gretchen Whitmer has signed a repeal of the state's abortion ban.
"If you don’t think abortion's about the economy, you might not have a uterus."
When you combine that debt with the fact that black employees are paid less than whites with the same education and experience according to
@EconomicPolicy
Combine that with the $156 billion in undervalued black homes according to
@BrookingsInst
Saturday marks 12 years since the last federal minimum wage increase. Since then, the minimum wage has lost 21% of its value.
It is past time for Congress to do its job and
#RaisetheWage
to at least $15 per hour.
Today is
#BlackWomensEqualPayDay
, marking how far the average Black woman has to work into the new year—7 months—to make the same amount as the average non-Hispanic white man made in the previous year.
Black women face a persistent pay gap, including in essential occupations⬇️
We can’t ignore the role of corporate profits when we are talking about
#inflation
.
Since the second quarter of 2020, profits have contributed more than a THIRD of price growth.
The Battle of Blair Mountain demonstrates how, 100 years on, workers are at the mercy of the powerful unless they have unions & their own power.
Passing the PRO Act would be a fitting tribute to those who fought & died at Blair Mountain, writes
@dskamper
.
We must ensure our progressive economic agenda replaces the failed trickle-down policies that have created 40 years of unequal wage growth. Learn more from
@LarryMishel
and
@joriskywalker
:
"Do black economists matter?" asks
@itsafronomics
. The voices of black economists have been largely absent from the recent media coronavirus coverage.
NEW: Economist
@hshierholz
has been named the next president of EPI.
We are thrilled and honored to welcome her leadership in this pivotal moment for workers.
Republicans want to take away critical investments into our Social Security, food stamps, student debt, and veteran healthcare while giving away *$2 trillion* in tax cuts for the ultra wealthy.
#DontDefault
NEW🚨: Our research shows that employers are charged with breaking federal law in more than 40% of union election campaigns and illegally firing workers in 20% of all elections. Read our full report on employer conduct in union representation elections:
The unequal toll of COVID on workers: Those with household incomes less than $25k were 3.5 times as likely to miss a week of work due to COVID symptoms, relative to those earning $100k+.
Learn more from
@JuliaRaifman
,
@alexskinnermph
, &
@aaronsojourner
:
2⃣ Any serious solution to the teacher shortage must address one of the root causes by raising teacher pay. Teachers make less than other comparable college-educated workers in every single state.