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
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
Valerie Wilson, the director of the Economic Policy Institute’s Program on Race, Ethnicity, and the Economy, said it is “strikingly clear” how effective these economic programs were in “limiting the rise in poverty.” Biden’s Build Back Better plan would have extended the child care tax credit and universal paid leave, but that appears unlikely with a shift to a smaller, piecemeal approach due to senators’ inability to pass the more ambitious legislation.
Prism Reports
March 11, 2022
For example, according to a 2017 Economic Policy Institute study … (paywall)
Law360
March 11, 2022