“The risk is all on the employer or the pension fund. The pension fund or the employer has to figure out how many years on average the people in the pension fund are going to live and has to tie the benefits to projected earnings,” said Monique Morrissey, an economist at Economic Policy Institute.
CNBC
March 26, 2021
As the Economic Policy Institute has explained, these restrictions were strikingly effective. In 1964, for instance, only 22.5 percent of Black Americans living in Alabama, Georgia, Mississippi, North Carolina, and South Carolina were registered to vote; the situation was particularly dire in Mississippi, where nearly 95 percent of white Americans were registered to vote, but only 5.1 percent of Black residents were.
VOX
March 26, 2021
However, some research points to the opposite result: An analysis from the left-leaning Economic Policy Institute found that one fair wage states have actually had more restaurant growth than other states, with both the number of full-service restaurants and people employed in them growing.
Business Insider
March 26, 2021
Not only was there an unequal wealth distribution in 2020, but recovery amid the pandemic seems to also be unequal when looking at recovery by race and ethnicity. The Economic Policy Institute (EPI) analyzed data from the last two quarters of 2020 to see how unemployment rates differed by race and ethnicity around the nation.
“While unemployment rates fell for all groups over the third and fourth quarters, Hispanic unemployment remained 60% higher than white unemployment, while Black unemployment rose from 60% higher to 90% higher,” EPI wrote.
Business Insider
March 26, 2021
At the same time, the Economic Policy Institute, a left-leaning think tank, called on the administration to continue the duties. It hosted a call with representatives of United Steelworkers union and said that the duties helped boost output and create thousands of jobs. The industry is concentrated in politically sensitive swing states including Michigan, Ohio and Indiana.
Bloomberg
March 26, 2021
United Steelworkers (USW) International President Tom Conway issued the following statement in response to today’s Economic Policy Institute (EPI) report on the continuing need for Section 232 relief:
United Steelworkers
March 26, 2021
According to data from the Economic Policy Institute, the average cost of childcare for two children can be upwards of $20,000 a year, which puts many Black and Latina mothers in an impossible position.
Fortune
March 26, 2021
The Economic Policy Institute (EPI) analyzed data from the last two quarters of 2020 to see how unemployment rates differed by race and ethnicity around the nation.
“While unemployment rates fell for all groups over the third and fourth quarters, Hispanic unemployment remained 60% higher than white unemployment, while Black unemployment rose from 60% higher to 90% higher,” EPI wrote.
In fact, EPI found that in the third quarter of 2020, “there were no states where Black and white workers were equally likely to be unemployed.” Although the unemployment rate for both Black and white Americans is lower than the rates seen last spring, the Black unemployment rate was 4.3 percentage points higher than the white unemployment rate in February 2021.
Business Insider
March 26, 2021
The Economic Policy Institute’s Josh Bivens adds, “I think her deficit concerns actually help her in building support for the [American Rescue Plan] proposal,” he says. “Nobody thinks she’s always soft on deficits.”
The Nation
March 26, 2021
“Increases in the minimum wage don’t generally have an effect on jobs,” David Cooper, senior analyst at the Economic Policy Institute, told the American Independent Foundation. “The overwhelming consensus [in] economic research] is that if there is an effect on employment, it’s so small that we have a really hard time measuring it.”
The American Independent
March 26, 2021