Employers’ theft from Worker Wages 3 times more than all other Theft in US
As the economy slowly recovers, it’s become increasingly clear that
it’s not just unemployed Americans who need help from the government.
It’s those that are employed as well. That’s the main finding of a new report from the Economic Policy
Institute on wage theft.
What is wage theft? It’s when employers refuse
to pay their workers their rightful wages and benefits, such as refusing
to pay overtime. It’s a major problem across the United States.
study, which EPI cites, examined three cities (New York, Chicago and Los
Angeles) and found that two-thirds of workers in low-wage industries
had experienced a pay-related offense in any given week in 2008. Those
violations cost workers more than $2,600 a year on average—nearly 15
percent of their total earnings.
If wage theft is as prevalent in the
rest of the United States as it is in New York, Chicago and Los Angeles,
then it costs workers more than $50 billion a year.”