The catch to the corporate complaints, as Economic Policy Institute President Heidi Shierholz pointed out, is that the same firms yowling about the lack of workers in a booming recovery won’t raise wages to attract new people. In so many words, try paying them.
People’s World
July 15, 2022
But if the Fed is too aggressive, that could potentially backfire, noted Josh Bivens, director of economic research at the Economic Policy Institute.
CNN Business
July 15, 2022
As people struggle to access healthcare, one obvious knock-on effect is the cost of accessing services out of state. “This decision will cause immediate economic pain in 26 states where abortion bans are most likely and where people already face lower wages, less worker power, and limited access to health care,” Heidi Shierholz, the president of the Economic Policy Institute, said in a statement
Venture Beat
July 15, 2022
“It is not a direct solution to having these rights being codified at the state or federal level. At the end of the day, someone needing an abortion should not have to go to their employer, who they just have to hope is well-meaning, and it’s very likely that workers in low-wage industries with few workplace protections or benefits, like paid leave, will not have access to this new benefit,” said Asha Banerjee, an economic policy analyst at the Economic Policy Institute.
The Guardian
July 15, 2022
Valerie Wilson at the Economic Policy Institute points out that child care systems also don’t often accommodate parents who work odd hours. “This is particularly important for low-wage earners, because their scheduling tends to be less consistent,” she said. “For that group, the supply of available child care providers is even more limited.”
Marketplace
July 15, 2022
… to a hot inflation reading,” said Josh Bivens, director of research at the Economic Policy Institute, a progressive think tank. (paywall)
MarketWatch
July 15, 2022
The Economic Policy Institute, a nonprofit think tank that researches economic trends and policies, identifies nominal wage growth as “a crucial measure of how far from full recovery the economy remains.”
Miami Herald
July 15, 2022
In an NBC News report, Josh Bivens, director of research at the Economic Policy Institute, a progressive think tank, said inflation is hitting low-income families the hardest because so much of their household spending goes to essentials such as food, gas and housing expenses.
WXII-12
July 15, 2022
Although the planned raises may be a bit higher than in previous years, they’re still far below the pace of inflation, said Lawrence Mishel, a distinguished fellow at the left-leaning Economic Policy Institute. As a result, many households will still find their budgets tighter.
CNBC
July 15, 2022
In Nevada, care for a 4-year-old can cost $754 a month on average. That figure jumps up for infant care, which can cost $951 a month on average, according to the Economic Policy Institute.
Las Vegas Review-Journal
July 15, 2022
David Cooper, the director of Economic Analysis and Research Network at the Economic Policy Institute (EPI), said the $16.10 minimum wage has emerged as the highest in the country for a state-level jurisdiction.
The Washington Informer
July 15, 2022
This model is popular enough that outsourcing companies make up a substantial percentage of all H-1B petitions filed. According to Ron Hira, a research associate with the progressive Economic Policy Institute (EPI), 17 of the top 30 companies by annual H-1B applications are outsourcing firms.
VOX
July 15, 2022
… researchers with the Economic Policy Institute, a progressive think … at $44,796 a year, according to the Bureau of Economic Analysis. (paywall)
MarketWatch
July 15, 2022
Josh Bivens, director of research at the Economic Policy Institute, a progressive think tank, said inflation is hitting low-income families the hardest because so much of their household spending goes to essentials such as food, gas and housing expenses.
NBC News
July 15, 2022
The report, published by the Economic Policy Institute, was written by Sylvia Allegretto, a labor economist and research associate for the Economic Policy Institute; Emma García, senior researcher for the Learning Policy Institute; and Elaine Weiss, research associate for the Economy Policy Institute.
Education Week
July 15, 2022
A study from the Economic Policy Institute ranks Virginia 10th in the nation for most expensive infant care. Here, the median worker has to spend two-thirds of their earnings to afford care for one child.
Richmond Times-Dispatch
July 15, 2022
The current state of these efforts is outlined in an extensive new report from The Harvard Law School’s Labor and Worklife Program, the Economic Policy Institute and Local Progress.
Governing
July 15, 2022
While the federal minimum wage remains $7.25 an hour—unchanged since 2009—nearly half of states have raised their minimum wages so far this year, according to a recent report from the Economic Policy Institute.
Route Fifty
July 15, 2022
“A similar reading last month led to a large overreaction by many, including the Federal Reserve, who raised policy rates by 0.75 percentage points,” noted Josh Bivens, research director at the Economic Policy Institute. “There is even less reason this time to overreact to a hot inflation reading.”
Salon
July 15, 2022
As for wages, as Josh Bivens of the Economic Policy Institute points out, wage growth has been high but also lagging inflation, which means wages as a whole are reducing the overall inflation rate. “High” in this context means 4.4 percent, which may not sound like much, but is still better than the usual, pitiful lower levels.
In These Times
July 8, 2022
But industries sensitive to interest rate hikes, such as construction and manufacturing, particularly cars, could be vulnerable during a slowdown, according to Josh Bivens, research director at the Economic Policy Institute.
Boston Globe
July 8, 2022
As for solutions, the best way to combat the economy and inflation is to increase wages and the supply of houses. It is imperative that the United States’ federal minimum wage is increased. The last time the federal minimum wage was increased was in 2009, when it rose from $6.55 to $7.25 per hour. According to the Economic Policy Institute, the minimum wage has lost 21% of its value since then.
Knoxville News Sentinel
July 8, 2022
According to the Economic Policy Institute, 30 states and D.C. have a minimum wage higher than the federal minimum wage. Though workers have advocated for the $15 federal minimum wage in the past, with inflation at a 40-year high, that’s now insufficient: The National Low Income Housing Coalition estimated in 2021 that workers would have to earn $20.04 an hour to afford a modest-one bedroom rental.
Next City
July 8, 2022
There is an ongoing disparity between those known as baby boomers and millennials due to a perceived lack of understanding from baby boomers about how aspects of society have changed, including the housing market, the economy and employment norms. According to the Economic Policy Institute, the link between productivity and pay has become dismantled over time, meaning that wage increase has slowed down since the 1970s.
Newsweek
July 8, 2022
During a webinar on Tuesday co-hosted by the Economic Policy Institute and the Washington Center for Equitable Growth, Kwajelyn Jackson, executive director of the Feminist Women’s Health Center in Atlanta, said that abortion rights an intrinsic part of economic rights.
Michigan Advance
July 8, 2022
The majority opinion of the Supreme Court reversing the Roe vs Wade guarantees will seriously impact millions of women. Asha Banerjee, an economic analyst with the Economic Policy Institute, described the economic impact of this decision. Abortion rights are interconnected with the economic security, independence and mobility of women.
WORT-FM
July 8, 2022
According to research from the Economic Policy Institute, 1 in 5 women workers in Nebraska will see their wages increase because of the initiative and 43% of Nebraska workers who will benefit have at least some college or an Associate’s degree. If the initiative passes, 25% of Black workers and 30% of Latino workers in Nebraska will see their wages go up.
KLIN
July 8, 2022
Another study from the left-leaning Economic Policy Institute (EPI) came to a similar conclusion, finding that the increased market power of corporations over consumers has, indeed, resulted in sustained higher prices.
The Hill
July 8, 2022