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EconomicPolicyInstitute

Repealing the Affordable Care Act would cost jobs in every state

In a new report, EPI’s Josh Bivens finds that repealing the Affordable Care Act (ACA) would cost the economy nearly 1.2 million jobs in 2019, with jobs lost in every state. The report looks at the effects of cuts to both spending and taxes that would occur under a full repeal. See how repealing the ACA would impact your state.

TRADE

The U.S.–China trade deficit has cost 3.4 million U.S. jobs since 2001

EPI’s Robert Scott  reports that the Unites States’ trade deficit with China has more than quadrupled since China entered the World Trade Organization—rising from $83 billion in 2001 to $367.2 billion in 2015. This rise has led to a total loss of 3.4 million jobs, nearly three-fourths of which were in manufacturing.

EPI

Obama administration experts join EPI

EPI is pleased to announce that Heidi Shierholz, the former chief economist to the Labor Department under President Obama, has returned to EPI to run the Perkins Project on Worker Rights and Wages, a policy response team that tracks the Trump administration’s wage and employment actions. Celine McNicholas and Samantha Sanders have also joined EPI. Celine McNicholas is EPI Labor Counsel and a member of the Perkins Project on Worker Rights and Wages. She came to EPI from the National Labor Relations Board.  Samantha Sanders is EPI’s Director of Government relations; she came to EPI from the Department of Labor.

IN THE NEWS
Reuters
The Washington Post quoted EPI’s Heidi Shierholz, the former chief Labor Department economist under President Obama, about the government’s role in gathering data in the Trump era. "When your president is saying, 'Oh the unemployment rate is not what they say it is,' people don't know what to believe. And that's a real problem," Shierholz warned. The other threat, she added, would be a cut in funding for the Bureau of Labor Statistics. | "Trump called the government’s job numbers ‘phony.’ What happens now that he’s in charge of them?" »
Reuters
Marketplace interviewed EPI’s Daniel Costa about the future of H-1B visas (for highly skilled workers) under the Trump administration. | "Trump may target H-1B visas; what that means for tech" »
Reuters
Think Progress covered EPI’s recent report on the effects of repealing the Affordable Care Act | "Report: Obamacare repeal could cost the United States 1.2 million jobs" »
Reuters
The Washington Post quoted EPI’s Josh Bivens on the chances of conflict between President Trump’s plans to “slash taxes” and the Federal Reserve’s publicly-expressed expectation of raising interest rates multiple times in 2017. “Even in more conventional administrations in the past, there has been a tension between the Fed and the president,” said Bivens. “This is a much less conventional administration, so I think they will be pretty free to express their displeasure.” | "President Trump probably isn’t going to like what the Fed will do next" »
Reuters
The Plain Dealer covered EPI’s recent report that found the United States’ trade deficit with China eliminated 3.4 million jobs between 2001 and 2015, including 121,500 jobs in Ohio. | "Ohio lost 120,000+ jobs due to U.S. trade deficit with China: EPI" »
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