EPI in the news

• Want BC to be fiscally responsible? Invest in people, communities and our future

  A recent report by the US-based Economic Policy Institute finds that public investment increases productivity and growth across the economy. The report finds “investments in public capital have significant positive impacts on private-sector productivity, with estimated rates of return ranging from 15 percent to upwards of 45 percent.” Another report from the Roosevelt Institute argues that sustaining higher levels of demand through new public spending and permissive monetary policy could bring the US closer to full employment and increase growth.

  Policy Note | December 10, 2021
• 10 things to know about Toyota battery plant coming to NC

  Economists say you can expect a ripple effect from the jobs created by the Toyota battery plant. A formula from the Economic Policy Institute reveals for every 100 durable manufacturing positions created, there are also 744.1 other indirect jobs created. So, those 1,750 megasite jobs could really turn into 14,000 new jobs. 

  WFMY News 2 | December 10, 2021
• Fed Nominee Hearings Could Happen In February: Senate Banking Chair

  Other names under consideration include Director of Economic Policy Institute’s Program on Race, Ethnicity, and the Economy Valerie Wilson, Michigan State University economics professor Lisa Cook, Chief Economist at AFL-CIO William Spriggs, and former Obama-era Treasury official Karen Dynan.

  The Street | December 10, 2021
• Biden’s pre-K plan might not be as “universal” as he hopes

  For decades, education reformers and policymakers have searched for ways to close opportunity gaps — unequal access to the resources that children need to be successful in school and in life. As early as kindergarten, students from high-income families are ahead of those from low-income families on reading, math, and social and emotional skills, according to the Economic Policy Institute, a left-leaning think tank.

  VOX | December 10, 2021
• Jobless rate drops in November to 4.2 percent, other numbers mixed

  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
• Feds bust ‘modern-day slavery’ ring amid new immigration enforcement effort

  “Access to justice is really kind of a practical impossibility for a lot of these workers,” Daniel Costa, the director of immigration law and policy research of the Economic Policy Institute, a liberal think tank, said.

  NBC News | December 10, 2021
• High-skilled guest-worker visas used to undercut Americans: Study

  HCL Technologies, based in India, wields the H-1B skilled-worker visa as a way to undercut competition and find the cheapest workers, according to the study by the Economic Policy Institute.

  Washington Times | December 10, 2021

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