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Friday, September 19, 2014

The Biggest Thieves In America Are Employers

The amount of money employers had to pay because they were found guilty of wage theft is nearly three times greater than all the money stolen in robberies, according to a new report from the Economic Policy Institute (EPI).EPI gathered figures of money recovered for victims of wage theft - which occurs when an employer has workers perform tasks off the clock or pay for their own uniforms, violating labor laws - from the Department of Labor, state labor departments, state attorneys general, and research firms. In 2012, $933 million was paid in back wages for wage theft violations, although that figure is an under-count because there were six state departments of labor and five attorneys general the organization couldn't contact.
Compare that to the less than $350 million stolen in all robberies, including from banks, residences, stores, and on the street in 2012. That's not just the figure for those that were solved, but for any robbery simply reported to the police.

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