Those states also tend to pay their workers less than states with legally-enshrined abortion access, have fewer union protections, and have higher rates of incarceration, according to an analysis from the left-leaning Economic Policy Institute in May.
Business Insider
July 1, 2022
Asha Banerjee, an economic analyst at the left-leaning Economic Policy Institute, argued that the financial consequences for some women could be particularly large because states that are likely to ban abortion also tend to have fewer social services.
Politico
July 1, 2022
When families suffer, children suffer, and the pandemic inflicted tremendous hardship on our working families. It also aggravated existing challenges, such as finding affordable, accessible child care. The average family in California would need to spend over 40% of their income (or over $28,000 per year) to pay for care for two children, according to the Economic Policy Institute.
EdSource
July 1, 2022
Recovery of lost wages via federal enforcement outstripped state agency efforts, accounting for nearly $1.2 billion in recoveries versus $558 million recovered by state labor departments and attorneys general between 2017 and 2020, according to an Economic Policy Institute report. Class-action litigation topped them both, recovering about $1.5 billion in the same time frame, the EPI said, citing data from a Seyfarth Shaw litigation analysis.
Bloomberg Law
July 1, 2022
Denying people seeking abortions access to that care not only leads to negative economic outcomes on an individual level, but also financially impacts their households and families — making it a macroeconomic as well as a healthcare issue, said Asha Banerjee, economic analyst for the Economic Policy Institute.
HR Dive
July 1, 2022
The issues affecting older workers were the subject of a February hearing of the U.S. Congress Joint Economic Committee, “Building a Better Labor Market: Empowering Older Workers for a Stronger Economy.” The first two speakers, Teresa Ghilarducci, a professor from The New School for Social Research, and Monique Morrissey, an economist from the Economic Policy Institute, outlined the problems affecting older workers. Both supported the creation of an Older Workers Bureau.
Government Executive
July 1, 2022
No longer can government policy, including the billions spent on economic development, be detached from a central focus on bridging inequities and addressing structural barriers to success. An estimate from the Economic Policy Institute found that rising inequality has slowed U.S. economic growth in aggregate demand by two to four percentage points in recent years as the share of income has shifted from lower income, lower-saving households to higher income, higher-saving households. Addressing structural inequality is not only a moral imperative – it is an economic imperative.
Gotham Gazette
July 1, 2022
Josh Bivens, the director of research at the left-leaning Economic Policy Institute, published a study in April that found corporate profits accounted for more than half of the price growth between 2020 and 2021 in the non-finance corporate sector, which makes up about 75% of the private sector.
ABC News
July 1, 2022
The ruling will cause economic pain in 26 states where abortion bans are most likely to go into effect and where people already face lower wages and limited access to healthcare, the Economic Policy Institute warned following the decision.
Al Jazeera English
July 1, 2022