“For now, people are unhappy and inflation is why,” said Josh Bivens, director of research at the left-leaning Economic Policy Institute, who believes that price hikes will moderate next year.
CNN
November 12, 2021
Hamblin’s experiences are not exclusive to her. Activists and moms told USA TODAY there is a glaring hole in the nation’s laws that ensure accommodations and accessibility for mothers to pump breast milk for their infants while at work. Nearly 9 million people aren’t covered by the current federal law, according to estimates from the Economic Policy Institute.
The USA Today
November 12, 2021
But here’s the thing: When Amazon comes to town and starts hiring, it doesn’t necessarily equal more jobs overall, per Ben Zipperer with the Economic Policy Institute.
Marketplace
November 12, 2021
Josh Bivens, director of research at the Economic Policy Institute, says workers currently have unique power to ask for more.“Normally, it takes some time for higher inflation to really start to pull up wages in its wake as workers bargain with the higher inflation in mind,” he says. “I think now we’ve got a strange situation where inflation is spiked, people really have it on their mind and there are really big pockets of labor market tightness in the economy, like in leisure and hospitality.”
CNBC
November 12, 2021
“According to the Economic Policy Institute, the Build Back Better Act’s macroeconomic boost looks more valuable by the day, said that on November 3, 2021. Their analysis shows the U.S. economy is not overheating due to too much fiscal relief and recovery provided earlier this year, expert after expert after expert says that. Did we have pent-up demand? We did.
PR Newswire
November 12, 2021
The result is what economist Josh Bivens of the labor-oriented Economic Policy Institute calls the “unwarranted leap” of attributing the recent price spikes to “‘too much’ fiscal relief and recovery.” There’s no evidence that merely providing more assistance to ordinary households caused inflation and therefore should be abandoned.
Los Angeles Times
November 12, 2021
“I would expect over the next year the price inflation to relent a bit, and most of the wage growth to stay — and so I think they’re going to come out ahead,” said Josh Bivens, the director of research at the left-leaning Economic Policy Institute. “But yeah, this inflationary spike has definitely bit into the growth of paychecks.”
Washington Post
November 12, 2021
“Workers have employers over a barrel for a little while,” Josh Bivens, director of research at the Economic Policy Institute, told her. “I don’t think it’s going to last all that long. But for now, I think workers see the higher inflation, they see employers in some sectors are pretty desperate to attract workers, and they think ‘I’m gonna go for it.’”
CNBC
November 12, 2021
Caroline Hyde, Romaine Bostick & Taylor Riggs bring the news and analysis you may have missed after the closing bell on Wall Street. Today’s show tackles the jobs report Guests Today: Elise Gould of Economic Policy Institute, Christian Smalls of the Amazon Labor Union.
Bloomberg TV
November 12, 2021
As a result, some reliable indicators of the economy have become less reliable. Yes, there has been a solid recovery in hiring yet so many people have stopped working or seeking jobs that the adjusted unemployment rate is closer to 7.3%, instead of 4.6%, said Heidi Shierholz, president of the liberal Economic Policy Institute and a former chief economist at the Labor Department.
The Associated Press
November 12, 2021