“We added 678,000 jobs in February, for a total of 7.9 million jobs added since the end of 2020. It’s mindbogglingly fast and sustained growth—well over half a million jobs added per month on average for more than a year.” – Heidi Shierholz of the Economic Policy Institute.
The Fiscal Times
March 11, 2022
“The white unemployment rate is now lower than the Black unemployment rate has ever been,” said Elise Gould, an economist at the Economic Policy Institute.
CNBC
March 11, 2022
And while the economy is recovering fast, Economic Policy Institute’s senior economist Elise Gould and President Heidi Shierholz explain in a CNN op-ed that we need to ensure it works for everyone.
AFL-CIO
March 11, 2022
Today, women account for 88.6 percent of home health care workers and 94 percent of child care workers, according to an analysis by the Economic Policy Institute, with women of color and immigrant women making up disproportionate shares of both workforces. Wages and job quality remain low, and benefits are scarce. EPI reports that home health care workers and child care workers are far less likely to have employer-sponsored health insurance or retirement coverage than the workforce as a whole.
Washington Center for Equitable Growth
March 11, 2022
“It’s mindbogglingly fast and sustained growth — well over half a million jobs added per month on average for more than a year,” Heidi Shierholz, president at the Economic Policy Institute, wrote on Twitter. More than nine out of every 10 jobs lost during the pandemic recession have been regained, she added.
CNN Business
March 11, 2022
“The phrase ‘little changed’ appears 12 times in the latest Job Openings and Labor Turnover Survey for January 2022,” notes Elise Gould, senior economist at the Economic Policy Institute.
Reuters
March 11, 2022
The Economic Policy Institute (EPI) projects there will be a demand for approximately 300,000 new teachers nationwide and a supply of just over 100,000 by 2024.
KTRE 9
March 11, 2022
“High quits are decidedly not translating into workers leaving the labor force in large numbers,” Elise Gould, an economist at the Economic Policy Institute, a left-leaning think tank, said in a tweet. “In fact … we are seeing a steady return of workers back to the labor market (many of whom are getting jobs).”
CNBC
March 11, 2022
The contrast between the overall positive economic growth numbers and Biden’s negative poll numbers has flummoxed some economists who generally support the Democratic policies. “The disconnect is huge,” Heidi Shierholz, the president of the Economic Policy Institute, a left-leaning, pro-union think tank, told me this week. Like many following the issue, she wondered how much media coverage of the economy is to blame, noting that sometimes when she praises Biden’s job-creation record, “people think I’m saying talking points.”
Philadelphia Inquirer
March 11, 2022
Josh Bivens, research director of the left-leaning Economic Policy Institute, wrote in an email to PolitiFact Texas the statement does not (paywall).
Austin American-Statesman
March 11, 2022
Elise Gould, senior economist with the Economic Policy Institute, noted that the rate of hiring remains higher than the rate of quitting in any industry, which means that when people quit, they’re moving to better jobs in the same industry rather than switching careers or leaving the workforce.
CNBC
March 11, 2022
But the reduction in supply was met with increased demand as Americans started purchasing durable goods to replace the services they used prior to the pandemic, said Josh Bivens, director of research at the Economic Policy Institute.
CNET
March 11, 2022
Our guests are: Anna Stansbury, Assistant Professor of Work and Organization Studies at the MIT Sloan School of Management. Larry Mishel, a distinguished fellow at Economic Policy Institute in Washington DC.
Productivity Puzzles
March 11, 2022
“The Postal Service has been operating on a shoestring,” said Monique Morrissey, an economist at the Economic Policy Institute. She said the Postal Service workforce peaked 20 years ago at roughly 800,000. It’s now down to about 500 thousand workers. Email and online bill pay have driven down mail volumes and revenue.
Marketplace
March 11, 2022
“The hires rate remains higher than the quits rate in every major industry. This indicates that when workers quit, they are taking other jobs — likely in the same sector — not dropping out of the labor force altogether,” said Elise Gould, senior economist at the Economic Policy Institute, in a tweet.
CNN Business
March 11, 2022
“One of the consequences of people returning to the labor force is that employers will be less desperate to find the workers they want,” said Elise Gould, an economist at the Economic Policy Institute, a left-leaning think tank. “There could be a cost to wage growth in the near future.”
Washington Post
March 11, 2022
Pity the CEO. Well, maybe not. According to the Economic Policy Institute, the top executives at the largest 350 firms in the U.S. were paid an average of $24.1 million per year in 2020. That’s about 350 times more than the compensation of the typical worker.
The Week
March 11, 2022
Valerie Wilson, the director of the Economic Policy Institute’s Program on Race, Ethnicity, and the Economy, said it is “strikingly clear” how effective these economic programs were in “limiting the rise in poverty.” Biden’s Build Back Better plan would have extended the child care tax credit and universal paid leave, but that appears unlikely with a shift to a smaller, piecemeal approach due to senators’ inability to pass the more ambitious legislation.
Prism Reports
March 11, 2022
For example, according to a 2017 Economic Policy Institute study … (paywall)
Law360
March 11, 2022
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 what to expect from the jobs report Guest Today: Elise Gould of the Economic Policy Institute
Bloomberg TV
March 4, 2022
Nasdaq
March 4, 2022
“There’s still a long way to go,” Economic Policy Institute President Heidi Shierholz tweeted, “but we’re on track to recover from this recession eight years faster than we recovered from the Great Recession, because of our policy response.”
Common Dreams
March 4, 2022
According to data from the Economic Policy institute, multiple states average more than $15,000 for child care of toddlers.
12 News
March 4, 2022
Unionized workers have the right to collectively bargain with their employers and negotiate for better wages and benefits. According to one study by the Economic Policy Institute, unionized workers earn 11% more on average than non-union workers as a result of these collective bargaining rights.
South Seattle Emerald
March 4, 2022
“I know there are many things going on in the world, but right now, the labor market — I’m incredibly optimistic,” said Elise Gould at the Economic Policy Institute. She said that when the pandemic started two years ago, there was every reason to think the economy would be at least as bad as during the Great Recession.
Marketplace
March 4, 2022
According to the Economic Policy Institute, less than 20% of private-sector workers are covered by a traditional pension, and the national savings rate is close to zero. This leaves most Americans financially unprepared for retirement.
Smart Union
March 4, 2022
In addition, there is evidence that higher levels of human capital are sometimes associated with even greater pay disadvantages. An analysis by Elsie Gould and Teresa Kroeger at the Economic Policy Institute finds that women workers are not only paid less than men at every level of formal education, but also that the gender pay divide actually widens as workers acquire more educational credentials. Specifically, Gould and Kroeger find that while women with a high school degree are paid about 80 percent of what men with a high school degree are paid, women with an advanced degree are paid 73 percent of what men with the same level of education are paid.
Washington Center for Equitable Growth
March 4, 2022
But their growth has led to some concern – an analysis from the Economic Policy Institute concluded that the costs of short-term rental companies’ presence in a municipality outweighs any tourism benefits they may bring in.
The Repository
March 4, 2022
The general assault on education could have lasting consequences for this state’s economy down the road, said Ben Zipperer, an economist at the Economic Policy Institute.
Dallas Observer
March 4, 2022