Economic Policy Institute News
Child Care Costs Exceed Rent in Most American Cities, Study Finds
While policymakers including President Obama have emphasized the importance of affordable child care, for many families, finding quality care can be more expensive than their rent. The cost of child care for two children exceeded rent in 500 out of 618 family budget areas, according to a new paper
Obama Could Boost Wages for Millions Through Overtime Eligibility
The Obama administration is poised to give potentially millions of low and middle-income American workers a raise. ABC News has confirmed that a Labor Department proposal to increase the federal threshold under which employers are required to pay overtime to salaried employees is under review by
What to Know About the Widespread Minimum Wage Increase, by the Numbers
It will be a happier new year in 2015 for about millions of workers who will receive a pay raise following a minimum wage increase in 21 states. For the first time, the majority of states, plus the District of Columbia , will have minimum wage levels higher than the federal minimum of $7.25. Though
Minimum Wage to Rise in 21 States
Okay. It's Tuesday December 30 the market to New York are open and are big numbers this morning it's 21. That six states that will see their minimum wage rise above the federal level in 2015. This according to the Economic Policy Institute in fact by early next year 29 states which comprise 60% of
Unemployed College Grads Get Big Surprise From Birchbox
Desiree and Emma think they're here to share job hunt stories, but tune in to find out what's really in store for them!
Record Visa 'Fraud' Fine as Tech Firms Under Fire for Relying on Foreign Workers
Tech companies have lobbied aggressively for immigration reform to allow more skilled foreign workers to enter the U.S. to increase America's global competitiveness. But the companies that request the most H1-B work visas for engineers are actually facilitating outsourcing, critics say, including a
Fast Food Workers Walk Out for Better Pay
Nancy Salgado is a single mother of two children in Chicago. She has held down a job for a decade while trying to provide for her kids. The problem? She works at McDonald’s and gets paid minimum wage. Two weeks ago, Salgado joined thousands of workers from McDonald’s and other fast-food and retail
Fast Food Protesters Demand Higher Pay
Fast food workers demanding higher pay protested today nationwide, outside restaurants owned by Burger King, KFC, McDonald's, Wendy's and other chains. Organizers said demonstrations were taking place in as many as 50 cities big and small, including New York, Dallas and Chicago; but also San
A Sweet Solution to the Sticky Wage Disparity Problem
Thirty-five years ago, a couple of counterculture confectioners in Burlington, Vt., developed a recipe that combined funky, chunky deliciousness, brilliant branding and granola-headed idealism. I'm talking about Ben Cohen and Jerry Greenfield and their iconoclastic Ben & Jerry's ice cream company.
The GOP Family Feud Festers (The Note)
By MICHAEL FALCONE (@michaelpfalcone) NOTABLES WAR OF WORDS: The feud between two potential 2016 GOP presidential contenders is escalating this week with Sen. Rand Paul, R-Ky., and New Jersey Gov. Chris Christie attacking each other on an almost-daily basis. Yesterday they traded barbs about ...