The working people's think tank for 40 years. Nonprofit + nonpartisan, we use the tools of economics to defend & promote workers' interests in economic policy discussions.
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Economic Policy Institute
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Trump's war has wiped out an entire year and a half of wage growth
Ben Zipperer
Year over year real hourly wages continued to fall in May. The CPI grew 4.2% in May, beating out nominal wage growth and leading to a 0.8% fall in real wages. Accelerating price inflation is the real culprit but decelerating nominal wage growth indicates a weakening labor market.
#NumbersDay
Watch now as Senior Economist @moniquemorrissey.bsky.social joins the Ways & Means Committee for a press conference following a hearing with the head of the Social Security Administration. 1/2
www.youtube.com/live/iqxkG4H...
This week, we’re revisiting a conversation from our archive that feels newly relevant: wage stagnation was not an accident, and it is not irreversible.
@larrymishel.bsky.social and @joshbivens-econ.bsky.social of @epi.org explain how policy choices have weakened worker power.
🎧 ➡️ bit.ly/4okRhYT
A familiar author (spoiler: EPI's Chief Economist @joshbivens-econ.bsky.social ) writing on the economic effects of rapid federal downsizing in a _must-read_ from @cepr.org: The Economic Consequences of the Second Trump Administration.
Read it here: cepr.org/system/files...
THIS
Economic Policy Institute
Elise Gould
Pitchfork Economics
Economic Policy Institute
Heidi Shierholz
UPDATE + we get to celebrate a win:
Yesterday the U.S. House PASSED the Faster Labor Contracts Act, which would make it easier for workers to secure a first union contract without unnecessary delay. 🎉
Do you have questions about Social Security?
Monique has probably answered them. Check out the Social Security FAQ here.
Update: The U.S. House passed the Faster Labor Contracts Act on June 9. Over the last five years, workers have won unions in several high-profile campaigns, including Amazon workers in Staten Island ...
Far too often, employers refuse to bargain in good faith w/ workers when they win a union, significantly delaying a first contract.
Today, the U.S. House could pass the Faster Labor Contracts Act, which would make it easier for workers to secure a first union contract w/o unnecessary delay. 1/4