“In the meantime, the Covid-19 inflation shock is being muffled, not amplified, by the labor market as average wage growth lags inflation. This has been tough on working families but means harsh medicine meant to stop wage-price spirals is not needed. The Federal Reserve’s decision to slowly reduce monthly asset purchases was prudent, providing a strong signal that inflation stability remains a crucial part of its mandate. But that’s enough for now.” — Josh Bivens, director of research at the Economic Policy Institute
Politico
November 24, 2021
As of April, only 1 in 6 Hispanic workers were able to work from home during the pandemic, according to the Economic Policy Institute.
NBC News
November 24, 2021
According to the Economic Policy Institute, infant care alone costs about $10,000 in Florida and about $16,000 for both an infant and a 4-year-old. The organization estimates that for the typical Florida family, that’s 30 percent of the household income.
Spectrum News
November 24, 2021
The analyses are the first in a series of annual reports planned from the Minneapolis Fed through 2028, and they’ve already garnered pushback from advocates for the $15 minimum wage. A written critique published by the Economic Policy Institute, a left-leaning think tank based in Washington, D.C., calls the Minneapolis changes in employment “implausibly large” and likely attributable to other factors, given that the Minneapolis minimum wage last year increased by only 75 cents at small employers and $1 at large employers.
TwinCities.com
November 24, 2021
White House press secretary Jen Psaki said last month that Biden “absolutely” wanted to bring the minimum wage up to $15 and that he thought it was “long overdue.” In January, the Economic Policy Institute found that 32 million workers would benefit from a federal minimum wage of $15 an hour. That included one-third of Black workers.
Business Insider
November 24, 2021
Immigrants without authorization typically take these jobs because they have the fewest options, Daniel Costa, the director of immigration law and policy research at the Economic Policy Institute, told Insider.
Business Insider
November 24, 2021
Jeff Faux, founding president and now distinguished fellow at the Economic Policy Institute, is the author of ‘The Servant Economy’ and ‘The Global Class War.’
The American Prospect
November 23, 2021
Those people, by the way, certainly wouldn’t be able to afford to provide care for their own loved ones. Home health care workers, the Economic Policy Institute (EPI) found in a new report, make on average $13.18 an hour, about half what the average U.S. worker is paid. That’s slightly better than a child care worker, who makes on average $13.50 an hour. Just under 26% of home care workers have employer-sponsored health benefits; only 20.7% of child care workers do. Despite the fact that children are our future, we don’t really care about them, either.
Daily Kos
November 23, 2021
Immigrants without authorization typically take these jobs because they have the fewest options, Daniel Costa, the director of immigration law and policy research at the Economic Policy Institute, told Insider.
Business Insider
November 23, 2021