Take health care, for example: The PCE Price Index accounts for costs incurred by government programs like Medicare and Medicaid, as well as private insurers, where CPI does so just for health costs that directly impact Americans’ wallets, according to Josh Bivens, research director at the Economic Policy Institute.
CNBC
February 4, 2022
According to a report published by the Economic Policy Institute, minimum wage workers are today effectively making 21 percent less than their counterparts did 12 years ago—when the federal government last raised the wage to $7.25.
Newsweek
February 4, 2022
Naturally, when power is given to the working class, conflict forms between workers and their employers. Companies are known to combat unionization, collectively spending around $340 million a year on “union avoidance,” according to the Economic Policy Institute. Why use that money to pay employees more when they could spend it on anti-union propaganda?
Rocky Mountain Collegian
February 4, 2022
“The layoffs rate hit an historic low in December, lowest since the series began in 2000,” Elise Gould, senior economist at the Economic Policy Institute says in a series of chained tweets. “Job openings increased in accommodations and food services as well as state and local government education, two sectors still suffering some of the largest job shortfalls since Feb 2020.”
Reuters
February 4, 2022
Higher wages are also luring workers into switching jobs, economists noted. Industries hired new workers at higher rates than the quits rate in every industry — a signal that workers who quit in December departed for other jobs, tweeted Elise Gould, an economist at the left-leaning think tank Economic Policy Institute.
CBS
February 4, 2022
Black workers lost 646,500 manufacturing jobs from 1998 to 2020, wiping out more than 30% of their employment in the sector, according to a new report by the Economic Policy Institute.
Axios
February 4, 2022
Not all people who quit are moving to better jobs. Some people are struggling to work because of ongoing disruptions with childcare, and others have had to quit because they don’t have paid sick time or are worried about facing increased health risks on the job, said Elise Gould, a senior economist for the Economic Policy Institute.
Reuters
February 4, 2022
Adam Hersh, who’s studied the economics surrounding Biden’s agenda as an economist with the Economic Policy Institute, indicated that this could prove to be a winning strategy. He told Newsweek that when it comes to this piece of legislation, it’s hard to find much wrong with it. Infrastructure has been needed in the United States for so long that, beyond potential temporary closures that may come during construction projects, the bill will largely be seen by Americas as a win once its effects reshape their communities, he said.
Newsweek
February 4, 2022
“The effects of that were felt throughout the eighties,” said Kyle Moore, an economist with the Economic Policy Institute’s Program on Race, Ethnicity, and the Economy. “Unemployment has well documented negative effects on folks’ psyche and their disposition.”
The Grio
February 4, 2022
We also look into the latest numbers on union membership in America with Margaret Poydock of the Economic Policy Institute (spoiler: it’s not good), the battle over gig work in Massachusetts, the end of the King Soopers strike, and more moves toward a four-day work week. For Argh, we consider nursing home workers’ striking for union recognition, and what happens when experimental art collectives unionize.
Dissent Magazine
February 4, 2022