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”
Eliminating the Public Service Loan Forgiveness (PSLF) Program and the Community Development Block Grant (CDBG) Program would Hurt Students, Low-Income Families, and the Illinois Economy. Continue reading “Federal Tax Cuts Would Put Billionaires Ahead of Working Families”
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%”
Episode 6 of the For A Living Podcast is now online!
This episode continues last week’s conversation about class, discussing class and the 2016 elections and trends affecting the working class. Continue reading “Podcast: Class and the 2016 Elections with Stephanie Farmer”
The For A Living Podcast is back! This episode asks the question, “What is class?” The podcast is available on iTunes and on SoundCloud. What is class? How do we think about class? What is the working class in the United States? Did U.S. workers … Continue reading Podcast: What Is Class? with Stephanie Farmer, PhD
Episode 2 of For A Living, is now available on iTunes and on SoundCloud.
NOTE: We will also do our best to improve overall sound quality in Episode 3. Continue reading “Podcast: Policies that Work for Workers”
A minimum-wage employee working full time cannot afford a modest one-bedroom apartment in Illinois, Minnesota, Wisconsin, Indiana, or Iowa. In all five Midwestern states, the minimum wage should be at least $10.00 an hour.
Continue reading “Minimum-Wage Workers Cannot Afford One-Bedroom Apartments in the Midwest”
States with higher minimum wages have added more jobs over the past 12 months. That’s the conclusion of a new Economic Commentary [PDF] released by the Illinois Economic Policy Institute, which evaluates recent data from the Bureau of Labor Statistics. … Continue reading States with Higher Minimum Wages Added More Jobs Over the Past Year
The story of Illinois’ manufacturing is way less cut-and-dried than some think tanks want you to believe. While Illinois has added fewer manufacturing jobs than Indiana over recent years, manufacturing earnings have grown at a much faster pace in Illinois. … Continue reading The Illinois Manufacturing Story is More of a Mixed Bag Than Some Say
First-Of-Its-Kind Study for Illinois Finds that Inequality has Increased to Great Depression-Era Levels, Driven by a Redistribution of Wealth from Labor to Capital
Economic inequality in Illinois has increased to levels not seen in decades, according to a new study by the Illinois Economic Policy Institute (ILEPI).
The report, entitled The History of Economic Inequality in Illinois: 1850-2014, is the first ever historical analysis of wealth inequality, income inequality, and the labor-capital divide in Illinois.
Continue reading “Economic Inequality in Illinois”
Economists across the country have advocated for raising the minimum wage, claiming that the benefits outweigh the costs. For example, increasing the minimum wage has been found to boost consumer spending and reduce income inequality in the economy.
The federal minimum wage is $7.25 an hour and has not been increased since 2009. Though the federal rate has not increased in 7 years, many states and localities have raised their own minimum wages. Chicago raised its local minimum wage to $10.00 in 2015. By 2019, the City is expected to have a minimum wage of $13.00, per an ordinance passed by the City Council. Continue reading “Illinois Needs a $10 Minimum Wage Just to Keep Up With Inflation”