Features Kyle discussing the growing housing supply shortage has created a housing affordability crisis.
WPFW
August 12, 2022
Video: The Economic Policy Institute projected a demand for at least 300,000 new teachers nationwide by the year 2024.
ABC News
August 12, 2022
The Economic Policy Institute recommends a temporary excess-profits tax. Data from the Bureau of Economics show abnormally high corporate profits are causing 54% of recent inflation. This tax would be on corporate profits that are above normal, and that come from taking advantage of the pandemic and the war in Ukraine. The purpose is to tamp down the price gouging.
Seattle Times
August 12, 2022
It’s difficult to decipher what contributed to that shift, said Valerie Wilson, director of the Economic Policy Institute’s program on race, ethnicity and the economy.
CNBC
August 12, 2022
Wage growth “is certainly not accelerating in a way that is driving the kind of inflation we’re seeing in the economy,” said Elise Gould, senior economist with the Economic Policy Institute.
CNN
August 12, 2022
Average hourly earnings are up 0.5% for the month and 5.2% from the same time a year ago, though wage growth appears to be slowing, Heidi Shierholz, president of the Economic Policy Institute, wrote on Twitter.
CNBC
August 12, 2022
A report Friday showed the economy added a booming 528,000 jobs in July, … of research at the left-leaning Economic Policy Institute. (paywall).
USA Today
August 12, 2022
The unions and watchdog groups argued that analysis doesn’t take into account “the very knowable downsides.” Their letter cites a 2018 report from the Economic Policy Institute which found that when a new Amazon warehouse opens, overall employment in the county does not increase — suggesting that the jobs created in the warehouse and storage sector are offset by losses in other industries.
New York Focus
August 12, 2022
And according to the Economic Policy Institute, labor market participation among women would potentially add more than $210 billion annually to the economy if there was meaningful investment made in affordable childcare. Not only is the lack of investment in care harming families, but it is hampering our economy.
The New Republic
August 12, 2022
Low-income families have been the hardest hit by rising housing and transportation prices – according to the Brookings Institution’s Affordability Index – and the Economic Policy Institute found that just 16.2% of Latino workers and 19.7% of Black workers were able to work from home in 2020, compared with 37% of Asian workers and 29.9% of non-Hispanic workers.
Fox Business
August 12, 2022