That relief could extend to the nation’s tight labor market, says Daniel Costa of the Economic Policy Institute.“There’s not just an impact on the individual, but there’s an impact economy-wide,” said costa.
Marketplace
May 6, 2022
Features interview with Josh Bivens.
Scripps National News
May 6, 2022
Paying teachers more is a simple method to solving the shortfall, a recent report by the Economic Policy Institute stated.
Since the start of the pandemic in 2020, state and local public education employment — ranging from K-12 teachers to school bus drivers to school custodians — have fallen by nearly 5% overall, the EPI authors noted.
Yahoo Finance
May 6, 2022
The Washington Post
May 6, 2022
The NEA used the Economic Policy Institute’s family budget calculator to determine whether support staff make a living wage and found that on average, these employees would not be able to live in a metropolitan area and support themselves and one child without government assistance or another adult’s income.
Education Week
May 6, 2022
A 2021 report by the Economic Policy Institute said unionization in the cannabis industry could lead to safer jobs that pay between $2,810 to $8,690 more per year than in what it describes as a “low-road scenario,” where cannabis workers would have few to no workplace protections. Workers at unionized cannabis businesses also enjoyed more workplace benefits, including health care, paid leave and fairer scheduling practices.
Oregon Business
May 6, 2022
The Economic Policy Institute also found that Latinas earn 57 cents and Black women earn 65 cents for every dollar earned by white, non-Hispanic men.
ABC News
May 6, 2022
As Josh Bivens of the Economic Policy Institute notes, if one producer is temporarily sidelined, or otherwise forced to cut back production, this provides opportunities for competitors that are not as hampered to jump in with price increases.
In These Times
May 6, 2022
As a result, economists across the spectrum wonder if the Fed can control this bout of price spikes. Lawrence Mishel, a distinguished fellow at the Economic Policy Institute, says, “There’s a lot of reasons to think that inflation is transitory. It doesn’t mean it’s going to be two months, it could be a year, but it’s not going to be, you know, 4 or 5% a year for the next five years.” Leaders at the Fed have a long-term target of about 2% inflation.
CNBC
May 6, 2022