Employees may eventually regain some benefits from inflation, as supply-chain shortages that helped drive up prices ease, according to Josh Bivens, the director of research at the Economic Policy Institute. “We have gotten a lot of jobs back,” Bivens told DealBook. By next year, he says, “we will have the good parts of the employment market still working, and the bad parts of the supply chain worked out.”
New York Times
December 13, 2021
I talked to Elise Gould, a senior economist at the Economic Policy Institute, about what we do and do not learn from these reports.
CNN
December 13, 2021
Lawrence Mishel, a distinguished fellow at the Economic Policy Institute, says, “There’s a lot of reasons to think that inflation is transitory. It doesn’t mean it’s going to be two months, it could be a year, but it’s not going to be, you know, 4 or 5% a year for the next five years.”
CNBC
December 13, 2021
WASHINGTON —The U.S. unemployment rate dropped 0.4% in November, to 4.2%, the Bureau of Labor Statistics reported. But BLS, the Economic Policy Institute, and the Institute for Women’s Policy Research all noted mixed numbers behind that positive decline.
People’s World
December 10, 2021
WASHINGTON —The U.S. unemployment rate dropped 0.4% in November, to 4.2%, the Bureau of Labor Statistics reported. But BLS, the Economic Policy Institute, and the Institute for Women’s Policy Research all noted mixed numbers behind that positive decline.
People’s World
December 10, 2021
Keep in mind, this is just talking about doctors. The pay gap exists for other medical professions too, such as nurses. Female nurses made nearly 8% less than male nurses, according to research from the Economic Policy Institute, a left-leaning think tank.
MarketWatch
December 9, 2021
As unemployment rates spiked during the pandemic, states turned to federal loans to fund their unemployment insurance programs. Researchers at the Economic Policy Institute (EPI) have found that 16 states have used ARP funds to pay off these debts, after 23 states had already used CARES Act funds to bolster their unemployment insurance trust funds. Overall, 33 states from Texas to Connecticut have used federal COVID relief funds to pay off unemployment insurance trust fund debts.
American Prospect
December 9, 2021
According to the Economic Policy Institute, HCL Technologies “appear to have been underpaid by at least $95 million.” Its analysis is based on a review of an internal HCL document that came to light as part of a “whistleblower lawsuit” against the firm, EPI added.
WRAL TechWire
December 9, 2021
Our friends over at the Economic Policy Institute view the November numbers as a temporary blip, and project that the economy is on track to add a total of well over 6.5 million jobs by the end of 2021 and a full recovery by the end of 2022. That’s also a credit to the Biden program.
The American Prospect
December 9, 2021
Struggling to pay bills is not surprising given that Seattle has the sixth highest cost of living in the country and infant child care in Washington clocks in at a whopping $1,213 a month according to the Economic Policy Institute.
Seattle Times
December 3, 2021
The Economic Policy Institute warns this kind of shortage threatens students’ ability to learn, increases teacher turnovers and reduces effectiveness.
KX News
December 3, 2021
“The labor movement is the largest working women’s organization in the country. A lot of people don’t think of us in that way, but we represent six-and-a-half million women,” Shuler said.
The left-leaning Economic Policy Institute found that women in unions are paid more than their counterparts, and that collective bargaining helps close pay gaps for workers of color.
Business Insider
December 3, 2021
A 2019 analysis by the independent Economic Policy Institute in the United States argues the cost of the expansion of short-term rentals and Airbnbs outweighs the benefits for local jurisdictions and long-term residents.
Toronto Star
December 3, 2021
LaborPress
December 3, 2021
The pandemic forced a dramatic shift toward the purchase of physical goods and away from the purchase of face-to-face services. According to the Economic Policy Institute, that dynamic did not change — at least not enough — when the checks started arriving in March despite the millions of vaccinations that had been administered across the country.
GoBanking Rates
December 3, 2021
Consider the decades-long trend of widening income inequality in America. Until the 1960s, roughly 30% of U.S. workers were unionized and the top 10% of all earners in the country took home roughly 30% of all pay. By 2019, only 10% of workers were unionized, and the top 10% of all earners captured fully 46% of all pay. The results were especially crushing for men, who tended to be more unionized. For male workers, median yearly income declined by a stunning $5,171 in real terms over the decades from 1979 to 2019, per a study from the Economic Policy Institute.
Real Clear Politics
December 3, 2021
“One thing that has been so different in this period is that Congress has stepped up and actually done the things that needed to be done to put the economy back on track,” says Heidi Shierholz, president of the nonprofit Economic Policy Institute. “Nothing is perfect, but in broad strokes we got the policies right to set us up for a strong recovery, which is exactly what we’re seeing. We have just seen breathtakingly fast job growth.” Some of the handwringing over the Great Resignation, she says, glosses over the fact that hiring is on the upswing, and that Americans are returning to work: In October, employers added 531,000 jobs.
Fast Company
December 3, 2021
The United States urgently needs more high-quality jobs. While the tight labor market is pushing employers to increase wages across the private sector and unionized workers are increasingly leveraging their collective power to demand better work, these temporary pressures are not enough to overcome decades of wage stagnation and worsening work conditions. Recent analysis from the Economic Policy Institute finds that while net productivity grew by nearly 62 percent over the past four decades, average hourly pay for the typical worker increased by just 17.5 percent.
Center for American Progress
December 3, 2021
In the 10 most populous U.S. states, millions of low-wage workers are robbed of $8 billion a year by their employers — about a quarter of their wages — due to the failure to meet the minimum wages, according to a 2017 study by the left-leaning Economic Policy Institute.
The Hill
December 3, 2021
The projects could have a huge impact on the Triad. The Economic Policy Institute says for every 100 manufacturing jobs, about 740 other jobs get created indirectly. In total, the two projects could create about 30,000 jobs.
WFMY News 2
December 3, 2021
Steel and aluminum are critical components of the American economy. From cars and trucks to our appliances and beer cans, Americans depend on steel and aluminum for everyday items. Many Americans also rely on the steel and aluminum industries for good-paying jobs. The steel industry supports nearly 2 million Americans who, on average, earn 27% more than the median earnings for men and 58% more than the median for women, according to the Economic Policy Institute.
Pittsburgh Post Gazette
December 3, 2021
Josh Bivens of the Economic Policy Institute calls the latest numbers “idiosyncratic sectoral shocks.”
The Day
December 3, 2021
An Economic Policy Institute, or EPI, report from March 2019 — before the pandemic — found the teacher shortage was “large, growing, and worse … (paywall).
San Antonio News-Express
December 3, 2021
Nevada used about $335 million in ARP money to pay off federal loans and replenish UI trust funds, according to data from the Economic Policy Institute.
Nevada Current
December 3, 2021
Dollar Tree’s decision to push higher costs onto consumers follows a growing trend of companies citing inflationary pressures in the economy to justify price hikes — even as they bring in record profits and lavishly reward their executives and shareholders. In 2020, according to a recent analysis by the Economic Policy Institute, CEOs made 351 times as much as a typical worker, and CEO pay has soared by 1,322% since 1978.
Truthout
December 3, 2021
The non-partisan Joint Committee on Taxation found that the Build Better Act will not add a penny to the deficit. Indeed, over time it will decrease the deficit. And economists at the Economic Policy Institute — along with 15 Nobel Prize-winning economists — have argued the Build Back Better Act will actually ease inflation.
Progressive Perspectives
December 3, 2021
Workers advocates, however, are still steadfastly against the measure. David Cooper, a senior analyst for the Economic Policy Institute, said he .. (paywall).
Orlando Sentinel
December 3, 2021
C’est pourqoui Lawrence Mishel espère des changements en particulier des sanctions plus fortes, de l’administration Biden.
Alternatives Economiques
December 3, 2021
The left-leaning Economic Policy Institute argues that today’s inflation was driven by a COVID-19 shift away from services such as restaurants and public transportation to products such as food and gas, and the resulting supply-chain bottlenecks.
Pew Charitable Trust
December 3, 2021