On Tuesday, February 27, the Labor and Commerce Committee in the Illinois House held a hearing titled “Impacts of Repealing the Prevailing Wage.” Frank Manzo IV, MPP, Policy Director of the Illinois Economic Policy Institute (ILEPI); Robert Bruno, Ph.D., Director of the Project for Middle Class Renewal at the University of Illinois; and Kevin Duncan, Ph.D., Professor of Economics at Colorado State University-Pueblo submitted testimonies.
The following article provides condensed versions of those testimonies.
Continue reading “Illinois House Testimonies on the Consequences of Repealing Prevailing Wage”
The Brookings Institution and the Wilson Center entertainingly show that repealing the Davis-Bacon Act would not save taxpayer dollars.
Continue reading “Two Top U.S. Research Organizations: Repealing Davis-Bacon Act Would Save 0%”
A new Economic Commentary by the Illinois Economic Policy Institute details how prevailing wage is the local market rate in Winnebago County. Continue reading “Five Reasons Why Prevailing Wage Works in Winnebago County”
Labor economists have explained that lower job turnover is one of the reasons why raising the minimum wage has very little impact on employment, contrary to classical economic theory. A higher minimum wage makes it easier for employers to recruit … Continue reading Prevailing Wage States Have Fewer Job Separations in Construction
State legislators in Iowa could enact “high-road” policies to encourage the private sector to meet the impending skilled construction worker shortage, according to a new Economic Commentary [PDF] by the Midwest Economic Policy Institute. The construction industry has grown since the market … Continue reading Iowa’s Shortage of Skilled Construction Workers
FIRST OF ITS KIND NATIONAL STUDY EXAMINES ECONOMIC, SOCIAL, AND FISCAL IMPACTS OF STATE PREVAILING WAGE LAWS Report Concludes that Construction Wage Standards are Cost Neutral, Boost Economies and Public Budgets, and Promote Middle Class Career Pathways for Minorities and … Continue reading State Prevailing Wage Laws Save or Create 400,000 Jobs in America
Frank Manzo IV is the Policy Director of the Illinois Economic Policy Institute (ILEPI). Visit ILEPI at www.illinoisepi.org or follow ILEPI on Twitter @illinoisEPI. Lansing – Just completed research by the Midwest Economic Policy Institute, Colorado State University Economist Kevin Duncan … Continue reading New Study: Michigan Prevailing Wage Repeal Will Kill Jobs and Hamper Economy
Frank Manzo IV is the Policy Director of the Illinois Economic Policy Institute (ILEPI). Visit ILEPI at www.illinoisepi.org or follow ILEPI on Twitter @illinoisEPI. The call by McHenry County Board Members to partner with other county governments to challenge Illinois’ prevailing wage determinations would be a waste of government resources, according to a new study by the Illinois Economic Policy Institute. The report, Building a Strong McHenry: How Prevailing Wage Works [PDF], finds that prevailing wage is necessary to prevent government bodies– such as the McHenry County Board– from using their massive purchasing power to undercut the established labor market. The policy is also … Continue reading McHenry County Should Adopt Its Prevailing Wage Ordinance
Frank Manzo IV is the Policy Director of the Illinois Economic Policy Institute (ILEPI). Visit ILEPI at www.illinoisepi.org or follow ILEPI on Twitter @illinoisEPI. Taxpayers are subsidizing the low-wage, low-skill, low-quality system in states without a prevailing wage law, according to a report released jointly today by the Midwest Economic Policy Institute and Building Strong Communities. The Policy Brief, Self-Sufficient Construction Workers: Why Prevailing Wage Laws are the Best Deal for Taxpayers [PDF], finds that prevailing wage laws (PWLs) build local middle-class jobs and drive economic development through increased consumer demand. By paying a living wage and supporting apprenticeship training programs, PWLs encourage … Continue reading Prevailing Wage Encourages Self-Sufficient Workers
Today, the Midwest Economic Policy Institute released Common Sense Construction: The Economic Impacts of Indiana’s Common Construction Wage with the University of Illinois School of Labor and Employment Relations and Smart Cities Prevail. The report finds that Indiana’s Common Construction Wage (CCW) promotes positive labor market outcomes for both construction workers and contractors. Full report [pdf] One-page summary [pdf] Ten facts about the Indiana CCW: 1. The Common Construction Wage keeps Hoosier jobs local. (For more, see pages 5 and 11-13) 2. The Common Construction Wage does not increase total construction costs for public projects. (Pg. 4) 3. The Common Construction Wage promotes an upwardly-mobile, high-road economy for working families. (Pg. … Continue reading The CCW is Common Sense Construction
Frank Manzo IV is the Policy Director of the Illinois Economic Policy Institute (ILEPI). Visit ILEPI at www.illinoisepi.org or follow ILEPI on Twitter @illinoisEPI.
A new ILEPI Policy Brief, released this morning, investigates the pros and cons of public-private partnerships in the construction industry. [Update: The Monitor article].
The report, Collaborative Development: The Pros and Cons of P3s on Construction Projects (PDF), finds that public-private partnerships (P3s)– such as the proposed Illiana Expressway– offer the potential for significant cost savings for the public sector. P3s allow governments to increase internal investment, capitalize on the efficiencies and innovations of private companies, and build infrastructure slightly less expensively and slightly more quickly. For the private sector, P3s provide stable assets (infrastructure facilities) with predictable long-term returns from user fees for portfolio diversification. P3s also allow private entities, backed by the government, to borrow cheaply.
The Policy Brief utilizes case studies to demonstrate how P3s may be mutually beneficial and discusses the expected positive benefits of three potential P3 projects in the Midwest: Continue reading “Collaborative Development: The Benefits of Public-Private Partnerships”
Frank Manzo IV is the Policy Director of the Illinois Economic Policy Institute (ILEPI). Visit ILEPI at www.illinoisepi.org or follow ILEPI on Twitter @illinoisEPI. The Illinois Economic Policy Institute (ILEPI) is pleased to announce the launch of @SaveTheWage! The Save The Wage campaign is led by a coalition of organizations committed to defending Indiana’s Common Construction Wage (also called “CCW” or the “prevailing wage”) from unjustified claims and attacks. Supported primarily by the Illinois Economic Policy Institute (@IllinoisEPI), Union One (@Union1), and the Indiana, Illinois, Iowa Foundation for Fair Contracting, Save The Wage aims to promote education, awareness, and public discussion around the benefits of … Continue reading @SaveTheWage: Defending Common Construction Wage in Indiana