Features interview with Heidi Shierholz.
Bloomberg TV
March 11, 2022
In a tweet, the president of the Economic Policy Institute and former chief economist to the Labor Secretary under President Obama called it “mindbogglingly fast and sustained growth.”
Reuters
March 11, 2022
“It’s not like everything is totally rosy,” noted Heidi Shierholz, president of the D.C.-based Economic Policy Institute, who also gives the federal relief effort high marks. “We still have a long way to go. So I don’t want to make it seem like I’m trying to convince people who are living in what is a difficult time that everything is great. But our recovery is much faster than what it would be if Congress hadn’t acted.”
Capital and Main
March 11, 2022
Features quote from Asha Banerjee.
USA Today
March 11, 2022
The Economic Policy Institute shares that union workers get an average 11.2% more and gain greater access to health insurance and paid sick leave. Even with many states raising the minimum wage in 2022, and a tight labor market that continues to drive employee wages higher in an effort to find quality workers, employees with unions behind them are likely to garner even higher pay, historically speaking.
GoBankingRates
March 11, 2022
The Economic Policy Institute, a liberal nonpartisan think-tank, has reported that North Carolina teachers earned 25% per week less than “similarly educated peers” before the pandemic. How teacher pay aligns, or doesn’t, with professionals in government and business is a stronger measure than the conventional debate over state salary rankings.
EdNC
March 11, 2022
Pity the CEO. Well, maybe not. According to the Economic Policy Institute, the top executives at the largest 350 firms in the U.S. were paid an average of $24.1 million per year in 2020. That’s about 350 times more than the compensation of the typical worker.
The Week
March 11, 2022
Before the Russian invasion of Ukraine, Josh Bivens, research director at the Economic Policy Institute, believed wages would get ahead of inflation in 2022. “I thought inflation was going to relent quite a bit through the year,” he said. “That’s probably been delayed pretty considerably.”
Marketplace
March 11, 2022
Heidi Sheirholz, who leads the liberal Economic Policy Institute, said the legislation is “a core reason we’re in such an incredibly strong recovery right now.”
Associated Press
March 11, 2022
For example, according to a 2017 Economic Policy Institute study … (paywall)
Law360
March 11, 2022
In the 2017-18 school year, researchers estimated a shortage of about 110,000 teachers in U.S. schools, according an article published in the Economic Policy Institute. EPI describes itself as a non-profit, nonpartisan think tank that focuses on needs of low and middle income workers in economic policy discussions.
Billings Gazette
March 11, 2022
A 2020 Economic Policy Institute study found that Black workers made up about one in six of all “frontline industry workers,” accounting for 17% of the frontline workforce across all frontline industry categories.
Black Voice News
March 11, 2022
Economist Elise Gould at the Economic Policy Institute, one of our best labor market analysts, tells us “private sector employment is now only 1% away from pre-pandemic levels.” But she notes we still are “facing a 3.7 million job shortfall” once population growth is taken into account, with Black unemployment double that of whites. So we shouldn’t be slowing the economy yet.
Forbes
March 11, 2022
“We added 678,000 jobs in February, for a total of 7.9 million jobs added since the end of 2020. It’s mindbogglingly fast and sustained growth—well over half a million jobs added per month on average for more than a year.” – Heidi Shierholz of the Economic Policy Institute.
The Fiscal Times
March 11, 2022
“The white unemployment rate is now lower than the Black unemployment rate has ever been,” said Elise Gould, an economist at the Economic Policy Institute.
CNBC
March 11, 2022
And while the economy is recovering fast, Economic Policy Institute’s senior economist Elise Gould and President Heidi Shierholz explain in a CNN op-ed that we need to ensure it works for everyone.
AFL-CIO
March 11, 2022
Today, women account for 88.6 percent of home health care workers and 94 percent of child care workers, according to an analysis by the Economic Policy Institute, with women of color and immigrant women making up disproportionate shares of both workforces. Wages and job quality remain low, and benefits are scarce. EPI reports that home health care workers and child care workers are far less likely to have employer-sponsored health insurance or retirement coverage than the workforce as a whole.
Washington Center for Equitable Growth
March 11, 2022
“It’s mindbogglingly fast and sustained growth — well over half a million jobs added per month on average for more than a year,” Heidi Shierholz, president at the Economic Policy Institute, wrote on Twitter. More than nine out of every 10 jobs lost during the pandemic recession have been regained, she added.
CNN Business
March 11, 2022
“The phrase ‘little changed’ appears 12 times in the latest Job Openings and Labor Turnover Survey for January 2022,” notes Elise Gould, senior economist at the Economic Policy Institute.
Reuters
March 11, 2022
The Economic Policy Institute (EPI) projects there will be a demand for approximately 300,000 new teachers nationwide and a supply of just over 100,000 by 2024.
KTRE 9
March 11, 2022
“High quits are decidedly not translating into workers leaving the labor force in large numbers,” Elise Gould, an economist at the Economic Policy Institute, a left-leaning think tank, said in a tweet. “In fact … we are seeing a steady return of workers back to the labor market (many of whom are getting jobs).”
CNBC
March 11, 2022
The contrast between the overall positive economic growth numbers and Biden’s negative poll numbers has flummoxed some economists who generally support the Democratic policies. “The disconnect is huge,” Heidi Shierholz, the president of the Economic Policy Institute, a left-leaning, pro-union think tank, told me this week. Like many following the issue, she wondered how much media coverage of the economy is to blame, noting that sometimes when she praises Biden’s job-creation record, “people think I’m saying talking points.”
Philadelphia Inquirer
March 11, 2022
Josh Bivens, research director of the left-leaning Economic Policy Institute, wrote in an email to PolitiFact Texas the statement does not (paywall).
Austin American-Statesman
March 11, 2022
Elise Gould, senior economist with the Economic Policy Institute, noted that the rate of hiring remains higher than the rate of quitting in any industry, which means that when people quit, they’re moving to better jobs in the same industry rather than switching careers or leaving the workforce.
CNBC
March 11, 2022
But the reduction in supply was met with increased demand as Americans started purchasing durable goods to replace the services they used prior to the pandemic, said Josh Bivens, director of research at the Economic Policy Institute.
CNET
March 11, 2022
Our guests are: Anna Stansbury, Assistant Professor of Work and Organization Studies at the MIT Sloan School of Management. Larry Mishel, a distinguished fellow at Economic Policy Institute in Washington DC.
Productivity Puzzles
March 11, 2022
“The Postal Service has been operating on a shoestring,” said Monique Morrissey, an economist at the Economic Policy Institute. She said the Postal Service workforce peaked 20 years ago at roughly 800,000. It’s now down to about 500 thousand workers. Email and online bill pay have driven down mail volumes and revenue.
Marketplace
March 11, 2022
“The hires rate remains higher than the quits rate in every major industry. This indicates that when workers quit, they are taking other jobs — likely in the same sector — not dropping out of the labor force altogether,” said Elise Gould, senior economist at the Economic Policy Institute, in a tweet.
CNN Business
March 11, 2022
“One of the consequences of people returning to the labor force is that employers will be less desperate to find the workers they want,” said Elise Gould, an economist at the Economic Policy Institute, a left-leaning think tank. “There could be a cost to wage growth in the near future.”
Washington Post
March 11, 2022