Economic Policy Institute

  • Will Raising The Minimum Wage Help Or Hurt Workers? [VIDEO]

    Will Raising The Minimum Wage Help Or Hurt Workers? [VIDEO]

    As Washington argues over the federal budget and sequestration, another issue has emerged of immediate concern to workers: Is it time to raise the federal minimum wage from $7.25 an hour to $9 by 2015? President Obama suggested it during his State of the Union speech, when he said it's "wrong" that a full-time... Continue Reading

  • Deloitte Exec: Why We Hire Only 3.5 Percent Of Applicants

    Deloitte Exec: Why We Hire Only 3.5 Percent Of Applicants

    About 85 million Americans work as white-collar professionals in the private sector, according to the Economic Policy Institute, a liberal Washington, D.C.-based think tank. Continue Reading

  • Election 2012's Big Question: Is The Jobs Picture Improving?

    Election 2012's Big Question: Is The Jobs Picture Improving?

    Are you better off than you were four years ago? It's the quadrennial question that hangs over every presidential election. Four years ago, with a devastating financial crisis gripping America and the world, the answer was obviously, "no." This time around, the answer is more complicated. The official... Continue Reading

  • Occupy Wall Street One Year Later: Workers' Pay Dropped, CEOs' Soared

    Occupy Wall Street One Year Later: Workers' Pay Dropped, CEOs' Soared

    America bills itself as a land of opportunity, and the slogan still may be true in so many ways in 2012. But many see a persistent and growing inequality in both the labor force and standard of living. The gap between the "two Americas" has been an issue on the left for years, and was a catalyst for the Occupy... Continue Reading

  • Most High School Grads Desperate For Work, New Study Finds

    Most High School Grads Desperate For Work, New Study Finds

    Since Leighann Neil graduated from high school in 2008, she has struggled to hold onto a permanent job, and has worked as a dispatcher in addition to a gig grinding mortar. She sends out roughly 20 resumes a month for secretarial jobs, but she has yet to hear back from any. "Employers are looking for someone... Continue Reading

  • Government Job Losses A Growing Drag On Recovery

    Government Job Losses A Growing Drag On Recovery

    By Tom Raum WASHINGTON -- Conservative Republicans have long clamored for government downsizing. They're starting to get it -- by default. Crippled by plunging tax revenues, state and local governments have shed over a half million jobs since the recession began in December 2007. And, after adding jobs... Continue Reading

  • 10 States Losing The Most Jobs To China

    10 States Losing The Most Jobs To China

    China is taking American jobs, labor unions, politicians and economists, have accused for some time. The logic is simple. While a manufacturing job in the U.S. may pay $50 an hour, when salary and benefits are factored in, Chinese factory laborers make little more than a few hundred dollars a month. Continue Reading

  • Salaries For College Graduates Drop

    Salaries For College Graduates Drop

    College enrollment jumped during the recession, but the pay-off of a college education did not. As the Economic Policy Institute reports, the average starting salary of young college graduates, adjusted for inflation, has dropped by almost a dollar in the last 10 years. Continue Reading

  • Unemployed Face Tough Competition: Underemployed

    Unemployed Face Tough Competition: Underemployed

    By PAUL WISEMAN and CHRISTOPHER LEONARD WASHINGTON (AP) -- The job market is even worse than the 9.1 percent unemployment rate suggests. America's 14 million unemployed aren't competing just with each other. They must also contend with 8.8 million other people not counted as unemployed - part-timers who... Continue Reading

  • Black Lawmakers Target High Urban Unemployment

    Black Lawmakers Target High Urban Unemployment

    By CHRISTINE ARMARIO MIAMI (AP) -- Taking the microphone at a church in a predominantly black neighborhood of Miami, the Rev. Jesse Jackson asked how many in the crowd knew someone looking for a job. Most of the several hundred people in the televised town hall gathering stood up. How many knew someone... Continue Reading