“When the two surveys show different things, the rule of thumb is to emphasize the establishment survey, since it is much bigger,” says Heidi Shierholz, president of the Economic Policy Institute and a former chief economist at the Department of Labor. “We should do that here. However, the outrageously strong household survey says we do not need to get worked up about the 201K.”
US News and World Report
December 13, 2021
As unemployment rates spiked during the pandemic, states turned to federal loans to fund their unemployment insurance programs. Researchers at the Economic Policy Institute (EPI) have found that 16 states have used ARP funds to pay off these debts, after 23 states had already used CARES Act funds to bolster their unemployment insurance trust funds. Overall, 33 states from Texas to Connecticut have used federal COVID relief funds to pay off unemployment insurance trust fund debts.
American Prospect
December 13, 2021
Union members’ wages are more than 11 percent higher on average than those of their non-unionised peers, according to a study by the progressive think-tank the Economic Policy Institute.
Al Jazeera News
December 13, 2021
Nevertheless, Moser believes the reshoring trend will continue, boosting the domestic labor market. The Economic Policy Institute, a Washington-based think tank, estimates that every new job in the manufacturing industry eventually creates five to seven more jobs, especially in the durable consumer goods industry.
Frontline
December 13, 2021
Competitive Enterprise Institute’s Ryan Young and Economic Policy Institute’s Robert Scott discussed the current state of supply chains and the larger implications of international trade
C-SPAN
December 13, 2021
It’s the latest example of the country’s growing CEO wage gap. In August, Washington D.C.-based think tank Economic Policy Institute estimated that CEO compensation had grown by 1,322% since 1978, compared to just 18% for overall compensation.
CNBC
December 13, 2021
As companies have pulled out all the stops to bring people back to work, the minimum wage continues to be a hot topic of conversation. The Economic Policy Institute notes several potential benefits of a $15 federal minimum wage, including an increase in wages for 59% of those below the poverty line.
GoBankingRates
December 13, 2021
In April 2020, the national unemployment rate reached its highest level on record. And the Economic Policy Institute (EPI) reports that as of October 2021, nearly 17 million workers had suffered some sort of economic setback resulting from the pandemic.
The Motley Fool
December 13, 2021
China flexed its economic muscles and used the WTO to its advantage, engaging in currency manipulation and using state subsidies to bolster its manufacturing sector, say critics. That’s given Beijing an unfair competitive edge, and has harmed U.S. industry. An analysis by the nonprofit Economic Policy Institute in January 2020 estimated that the U.S. trade deficit with China resulted in the loss of 3.7 million jobs from 2001-2018.
Politico
December 13, 2021
“Job openings and hires rose, as quits ticked down,” said Elise Gould, senior economist at the Economic Policy Institute.
Marketplace
December 13, 2021