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Employment Policies Institute Responds to New CBO Report on Job Loss and the Minimum Wage
February 2014 · ·
Washington, D.C. – Today the Employment Policies Institute (EPI) released a statement in response to the Congressional Budget Office’s new report that estimates raising the minimum wage to $10.10 per hour will result in 500,000 fewer entry-level jobs. Michael Saltsman, EPI’s research director, released the following statement in response: The new Congressional Budget Office (CBO) report should come as a warning to President Obama and allied legislators… -
New Survey: San Jose’s Wage Hike to $10 Reduced Employment at Restaurants and Raised Prices For Consumers
January 2014 · ·
WASHINGTON – Today the Employment Policies Institute (EPI) released a new study that surveyed San Jose restaurants to gauge how they were affected by the city’s 25 percent minimum wage increase to $10.00 in 2013. Of those surveyed, two-thirds saw a big increase in business costs that resulted in reducing employee hours, eliminating jobs, and passing the additional cost onto consumers. EPI also has a full-page ad today in the… -
New Study: $10.10 Minimum Wage Could Eliminate As Many As One Million Entry-Level Jobs
January 2014 · ·
WASHINGTON – Today, the Employment Policies Institute (EPI) released a new analysis estimating that at least 360,000 jobs — and as many as 1,084,000 jobs — would be eliminated if the federal minimum wage were raised to $10.10. EPI also has a full-page ad in The New York Times today highlighting how ineffective wage hikes are in reducing poverty. The analysis, which includes data for all 50… -
Another Bummer Summer: Teen Unemployment Still at 24.1 Percent Going Into Summer 2013
May 2013 · ·
Wage Hike Proposed by President Obama Will Only Worsen Ongoing Teen Employment Crisis WASHINGTON, D.C. – In preparation for summer 2013, the Employment Policies Institute (EPI) released a new analysis highlighting the nation’s staggeringly high 24.1 percent teen unemployment rate. Teen unemployment has exceeded 20 percent for over four and a half years—a fact that calls into question the wisdom of passing additional minimum wage increases that… -
Another Bummer Summer: Teen Unemployment Still at 24.1 Percent Going Into Summer 2013
May 2013 · ·
Wage Hike Proposed by President Obama Will Only Worsen Ongoing Teen Employment Crisis WASHINGTON, D.C. – In preparation for summer 2013, the Employment Policies Institute (EPI) released a new analysis highlighting the nation’s staggeringly high 24.1 percent teen unemployment rate. Teen unemployment has exceeded 20 percent for over four and a half years—a fact that calls into question the wisdom of passing additional minimum wage increases that… -
Minimum Wages to Rise in at least Ten States and Three Cities in 2013: Research Shows Wage Hikes Result in Unintended Consequences for the Least-Skilled
November 2012 · ·
WASHINGTON, DC – Today, the Employment Policies Institute (EPI) announced that ten states and three cities will increase their minimum wages on January 1, 2013. Washington continues to lead the country with the highest state minimum wage, $9.19 per hour. San Francisco will have the highest overall minimum wage at $10.55 per hour. Last week, San Jose, CA and Albuquerque, NM passed ballot initiatives to increase their…