1 thing central bankers are worried about in 2022,” said Josh Bivens, research director at the Economic Policy Institute, a left-leaning think (paywall).
MarketWatch
February 11, 2022
As a policy matter, states and cities should think about requirements that would make public-facing jobs safer so older people feel comfortable returning to them, at least part time, said Monique Morrisey, an economist at the left-leaning Economic Policy Institute specializing in retirement security. A healthier generation of older workers has become a mainstay of the workforce in recent years.
Route Fifty
February 11, 2022
The month-to-month economic readings for Black women and other minority groups can be particularly volatile due to smaller population size, according to Elise Gould, senior economist at the Economic Policy Institute.
CNBC
February 11, 2022
Black workers, along with Hispanic and Asian-American ones, are more likely to get paid poverty-level wages than their white counterparts, according to a 2018 report by the Economic Policy Institute.
Business Insider
February 11, 2022
A new analysis is looking at one of the most pressing issues in our country: rising child care costs. According to the Economic Policy Institute, Arizona is one of 33 states where infant child care is more expensive than in-state college tuition. “It is definitely frustrating. It is frustrating on multiple factors because women end up being the brunt of it,” said Natacha Chavez.
AZ Family
February 11, 2022
“There’s just no valid argument, I think, for excluding agriculture,” said Daniel Costa, Director of Immigration Law and Policy Research at the Economic Policy Institute based in Washington, D.C.
Costa has worked at EPI for 11 years, looking specifically at the intersection of immigration and labor policy issues. The nonprofit, nonpartisan institute was established in 1986 to include the needs of low- and middle-income workers in economic policy discussions.
Statesman Journal
February 11, 2022
Well, we already know that the omicron wave has started to fade. You know, this was a very sharp spike but also a fairly short spike. And Elise Gould, who’s a senior economist at the Economic Policy Institute, says daily infections have already fallen by more than half from where they were in the middle of last month.
NPR Morning Edition
February 11, 2022
According to the Economic Policy Institute (EPI), which first presented its research last week to a task force of the American Federation of Teachers, employment in public elementary and secondary schools decreased by nearly 5% overall from fall 2019 to fall 2021. The number of people employed as teachers fell by 6.8%, bus drivers by 14.6%, and custodians by 6%.
Common Dreams
February 11, 2022
According to a report by the Economic Policy Institute, teachers in the public high school sector made around 19.2 percent less than other types of workers who also went to college as of 2019. Teachers in the country have made less money on a consistent basis when compared to their counterparts in other fields, an exception being the 1960s.
Newsweek
February 11, 2022
“I don’t think anybody would dispute that we’re moving in the right direction,” said Valerie Wilson, labor economist at the left-leaning Economic Policy Institute. “That being the case, as we often see, there are pretty significant differences in terms of the pace of recovery by race and ethnicity.”
Washington Post
February 11, 2022
As of January 30, federal contract workers must be paid at least $15 an hour under an executive order Biden signed in April that was finalized by the Labor Department in November. The Economic Policy Institute, a left-leaning nonprofit, estimated that the number of workers who got a raise when it took effect last month may have been as high as 390,000. That’s a substantial accomplishment.
New Republic
February 11, 2022
There are 2.9 million fewer jobs now than before the pandemic, but as Elise Gould of Economic Policy Institute points out, if you take population growth into account, the shortfall is 4.5 million.
The New York Times
February 11, 2022
The Bureau of Labor Statistics (BLS) did not collect wage data specifically for school bus drivers in 2019 and 2020, but BLS economist Elka Torpey told Jacobin that their median hourly wage in 2018 was $15.58. According to David Cooper, who directs the Economic Policy Institute’s Economic Analysis and Research Network, the number appears to be similar for 2020. At full-time, year-round hours, it’s not enough for a single adult to sustain an acceptable standard of living in many states — let alone raise kids or plan for retirement.
Jacobin
February 11, 2022
Though Starbucks maintains the firings were related to the union, retaliation is strikingly common in union campaigns in general. In 29% of all union elections in 2016-2017, employers were charged with illegally coercing, threatening, or retaliating against workers over their support of unions, according to a 2019 report by the left-leaning Economic Policy Institute. More than half of large employers over the same period were charged with at least one illegal act, EPI found.
VICE
February 11, 2022
A 2020 report from the Economic Policy Institute found that nearly 40 percent of the animal slaughtering and processing workforce in the U.S. was foreign born and 70 percent of those workers were non-citizens. Meatpackers have increasingly relied on a limited number of immigrant worker visas over the last decade to staff their plants.
Politico
February 11, 2022
The measure nullifies clauses in employment contracts of more than 60 million workers nationwide, according to a report published by the Economic Policy Institute. Some 53.9% of nonunion private employers have such clauses in employment contracts, and 57.6% of the nation’s female workers are subject to such clauses, that report said.
Buffalo News
February 11, 2022
“If you ask for more money, you’re going to be taken more seriously now than you would’ve been 10 months ago when unemployment was super elevated,” said Josh Bivens, research director at the Economic Policy Institute. “Workers have more leverage now than they did in the pre-Covid labor market.”
Bloomberg
February 11, 2022
That’s concerning because nationally, workers with household incomes under $25,000 were 3.5 times as likely to miss a week of work due to COVID-19 compared to workers with household incomes of $100,000 or more, according to analysis from the Economic Policy Institute.
Cal Matters
February 11, 2022
Again, it’s not just Aspen. This spreading disparity is happening across the country, and it’s getting worse. According to data from the Economic Policy Institute, U.S. Census Bureau and the U.S. Interagency Council on Homelessness, as the cost of living has gone up and wages have stayed flat, it’s harder for everyone (besides the wealthiest) to get by.
Deseret News
February 11, 2022
But many families who can’t afford daycare don’t qualify for help. A single parent making $45,000 a year isn’t eligible for a state voucher, even though childcare for an infant in Massachusetts costs an average of $21,000 a year, according to the Economic Policy Institute think tank.
GBH
February 11, 2022
It costs a little over $14,000 on average a year for infant care in Virginia, according to the Economic Policy Institute.
NBC 29
February 11, 2022
As hospital policies and culture have become more aligned with big businesses, hospital executive compensation has swelled, mirroring the climb in CEO wages across all of corporate America that began in the late 1970s and continued despite the Great Recession that began in 2008. According to the Economic Policy Institute, average realized compensation of US CEOs, adjusted for inflation, grew by 105.0 percent from 2009 to 2019, while typical worker compensation increased by just 7.6 percent. Similarly, from 2005 to 2015, the average compensation of major nonprofit hospital CEOs rose by 93 percent, from $1.6 million to $3.1 million, while average hospital worker wages increased by a mere 8 percent in that decade.
Health Affairs
February 11, 2022
Economic Policy Institute Economist Monique Morrissey told the hearing in the aftermath of the pandemic part-time employment has remained significantly below pre-pandemic for seniors while full-time employment appeared essentially unchanged.
Forbes
February 11, 2022
Public schools have been struggling to fill support staff positions since the Great Recession decimated the workforce in the mid-2000s, and the pandemic has made things worse. If hiring kept pace with enrollment, public K-12 education employment today would be 8.6% higher than fall 2008 levels. Instead, it’s down 5.3%, according to a new report released last week by the Economic Policy Institute, interpreting data from the Bureau of Labor Statistics.
Fortune
February 11, 2022
“Our models were all wrong,” says former Labor Department Chief Economist Heidi Shierholz.
Bloomberg TV
February 11, 2022
Lawrence Mishel, a distinguished fellow at the Economic Policy Institute, shares that sentiment. “It’s not that the economy got worse, it was that there were policy decisions made so that the economic growth did not filter down to the vast majority.”
CNBC
February 11, 2022
As school districts across Colorado struggle to keep their doors open because of staffing shortages, a new Economic Policy Institute report suggests that states should tap billions in unspent COVID relief funds to make long-overdue investments in the education workforce.
Public News Service
February 11, 2022
So unless you’re C-suite executive with tons of stock (or are nearing retirement age and have made extremely risky decisions with your savings), a stock market plunge generally won’t be bad for you. And it also probably wouldn’t be good for you. “If you don’t have much wealth,” says Josh Bivens, director of research at the liberal Economic Policy Institute, the stock market is “a pure sideshow for your own economic circumstance.”
The Intercept
February 11, 2022
“It’s devastating,” said Robert E. Scott, the director of trade and manufacturing policy research at the left-leaning Economic Policy Institute, which has called for more dramatic action to reduce the trade deficit, like realigning the value of the dollar. He added that the trade deficit was “draining jobs away from the recovery.”
New York Times
February 11, 2022
Historian Richard Rothstein, a housing policy expert at the Economic Policy Institute, draws a direct line between discriminatory government housing policies of the 20th century and the low Black homeownership rates in the United States today.
Washington Post
February 11, 2022