Some research has found that this increase is partly driven by states increasing their minimum wages. States that raised their minimum wage between 2013 and 2018 saw pay for their lowest-paid workers grow more than 50% faster than those that didn’t, according to an?analysis?from the left-leaning Economic Policy Institute. The trend continued in 2019, said Elise Gould, senior economist at EPI.
“Year after year, we’ve seen states increase their minimum wage, either through indexing [for inflation] or legislation, and we have seen faster wage growth at the bottom in those states that have increased their minimum,” she said.
Whitmer has a point that wages for those at the top, over the long-term, have grown more rapidly than for those in lower-income groups. The Economic Policy Institute, a think tank that advocates for low- and middle-income workers,?said in a 2019 report?that every income percentile saw some growth in inflation-adjusted hourly wages from 1979 to 2018, though the 50th percentile saw a 14% increase while the 95th percentile experienced a 56.1% increase.
MagnifyMoney examined 2019 data from the Joint Center of Housing Studies and the Economic Policy Institute, looking at 34 U.S. cities with populations of 300,000 or more in 2018. By assuming 16 percent withholding in Social Security, Federal Insurance Contributions ACT, Medicare and federal income tax, MagnifyMoney estimated the take-home pay after payroll taxes for each city as part of its methodology.
Trump is to blame for much of the economic hardship faced by working families, says Heidi Shierholz, Senior Economist and Director of Policy at the?Economic Policy Institute. She rattled off a list of examples of harmful Trump policies, including rolling back overtime protections and workplace safety protections, weakening protections that keep franchise employees from being cheated out of their earnings, and making it harder for workers to join together to improve their wages and working conditions.
“President Trump claims to stand for workers,” Shierholz noted, “but at every turn he has prioritized the interest of corporate executives over those of the working people of this country.”
Fact:?According to a study conducted by the Economic Policy Institute, “Even with a historically low average annual?black unemployment rate?of 6.1% in 2019, black workers are twice as likely to be unemployed as white workers overall and are more likely to be unemployed than white workers at every education level. Only black workers with some college or more education have an unemployment rate lower than the overall unemployment rate of white workers.”