“A few years ago you hardly heard about college graduates taking unpaid internships,” the Economic Policy Institute’s Ross Eisenbrey told The New York Times in 2012, a statement that now feels bleakly quaint. “But now I’ve even heard of people taking unpaid internships after graduating from Ivy League schools.”
The New Republic
January 26, 2021
Nationally, 3,878,000 Americans were considered long-term unemployed (having gone six months without work while looking for work) as of December. That number accounts for fully a third of all unemployed Americans, and the Economic Policy Institute’s Elise Gould tells Bloomberg the percentage is “going to be continuing to rise.”
Grub Street
January 26, 2021
The last time the federal government raised the minimum wage was more than 11 years ago. It’s the longest span of time without an increase in just over 80 years. Now that President Biden is in office and Democrats control the House and Senate, a proposed $15 an hour minimum wage looks possible. But the question still lingers, especially in a pandemic: will this harm or hurt the economy? David Cooper, a senior economic analyst and deputy director of the Economic Analysis and Research Network for the Economic Policy Institute, talks to the Standard.
Texas Standard
January 26, 2021
A separate report issued by the Economic Policy Institute (EPI) revealed that the impact was even greater on non-white younger workers. In the spring of this year, the unemployment rate for Asian American/Pacific Islander workers under 25 was 29.7%. Young black and Hispanic workers followed closely, at 29.6% and 27.5%.
Louisville Courier Journal
January 26, 2021
One target may be a 2019 advice memo opining that Uber drivers aren’t employees with labor rights under the NLRA, said Celine McNicholas, a former Obama-era NLRB official who works as labor counsel and director of government affairs at the left-leaning Economic Policy Institute.
Bloomberg Law
January 26, 2021
The “paid opportunity” promises $500 for 1 day of filming and an additional $1500 if the story is used—much higher than what most ride-hail drivers earn in net income each month, according to a study from the Economic Policy Institute.
VICE
January 26, 2021
Touting his proposal to raise the federal minimum wage to $15 per hour from the current $7.25 per hour, Biden said, “No one in America should work 40 hours a week making below the poverty line. Fifteen dollars gets people above the poverty line.”
Facts First: It’s true that some people who are currently below the poverty line would move above the poverty line if the federal minimum wage were raised to $15 per hour: the Congressional Budget Office estimated in 2019 that a $15 minimum wage “would move, on net, roughly 1.3 million people out of poverty.” Others offer different estimates; Ben Zipperer, an economist at the Economic Policy Institute, a progressive think tank, said, “We believe the CBO estimate to be too pessimistic.” He said it is “more plausible” that between 1.9 million and 4.0 million people would be lifted out of poverty.
CNN
January 26, 2021
Those days are long gone. According to a 2019 study by the Economic Policy Institute, Uber drivers now earn around $9 per hour after factoring in expenses. Additionally, the cut taken by ride-hailing companies from each fare has risen from as low as 20% to sometimes more than half.
Common Dreams
January 26, 2021
The magazine quoted the Economic Policy Institute as saying Greenville County’s average cost for child care is about $500 for one child. It also found almost half of residents are within a 10 minute walk of a park.
The State
January 26, 2021