Economic Policy Institute
Despite pandemic pay boost, low-wage workers still can’t afford basic needs
Employers grappling with a nationwide labor shortage gave low-wage workers the largest pay increases in most states between 2019 and last year. But even so, many of those workers — more than 40% of all U.S. households, by one estimate — are struggling to cover the inflated costs of basic expenses. In the past several […]
Economy adds more jobs in June even as hiring slows
Although hiring inched down in June, the U.S. labor market is still showing signs of strength, with unemployment falling and earnings continuing to rise, the latest jobs report from the U.S. Department of Labor showed. The economy added 209,000 jobs as the unemployment rate fell to 3.6% from 3.7% in May. “In excess of 200,000, […]
Child poverty rates highest in states that haven’t raised minimum wage
Of the 20 states that have failed to raise the minimum wage above the federal $7.25 an hour standard, 16 have more than 12% of their children living in poverty, according to a States Newsroom analysis of wage and poverty data. Anti-poverty advocates say that’s a sign that there’s an urgent need for lawmakers to […]