News April 16, 2012

New Analysis: New York Wage Increase Unlikely to Reduce Poverty

Today, the Employment Policies Institute (EPI) released a new analysis assessing the impact on poverty of Assembly Speaker Sheldon Silver’s proposed minimum wage increase (A.9148). The bill would raise New York’s minimum wage from $7.25 to $8.50 per hour and index the wage to rise with inflation in subsequent…
News March 19, 2012

Teen unemployment high, Georgia rate well above national average

By: Gracie Shepard It’s time for teenagers to begin the search for summer jobs, but according to the Bureau of Labor Statistics it won’t be easy to find one. (…) EPI research fellow Mike Saltsman said there are several factors that contribute to a dearth of available positions for young…
News March 9, 2012

Raising CT’s Minimum Wage Won’t Reduce Poverty

By: Lee Howard  An analysis released Wednesday indicates that a rise in Connecticut’s minimum wage would not significantly reduce the state’s poverty rate. The analysis by the Employment Policies Institute…said the average family income of an employee affected by a minimum wage hike is more than $80,000 a…
News March 9, 2012

Wage Hikes Won’t Boost the Economy

By: Joseph Sabia, San Diego State University Assembly Speaker Sheldon Silver has introduced a bill that would add New York to the list of states whose minimum wage rises with inflation each year. His proposal follows last year’s New York City-specific plan to create a “living wage”…
News March 9, 2012

Maximum Damage

Assembly Speaker Shelly Silver is pushing for a whopping 17 percent hike in New York’s minimum wage, to $8.50 an hour. How out of touch with reality is that? If Albany moves ahead with such a plan, it will wreak substantial damage on the state’s teetering economy, hurting most the…