• Maeve@kbin.earth
    link
    fedilink
    arrow-up
    4
    ·
    2 days ago

    Economists at the Economic Policy Institute (EPI) estimate that U.S. workers lose over $15 billion every year from minimum wage violations alone, based on survey data from the ten most populous states extrapolated nationwide. That figure does not include unpaid overtime, off-the-clock work, stolen tips, illegal deductions, or worker misclassification. When those are included, EPI and other labor researchers estimate total wage theft at $30–50+ billion annually. For context, FBI data show that annual losses from robbery typically total only a few hundred million dollars. In plain terms: employers steal far more from workers’ paychecks than criminals steal through all conventional property crime combined