New York Times
January 22, 2021
Josh Bivens, director of research at the Economic Policy Institute, praised Biden’s plan shortly after it was unveiled last week.
“Most importantly, this package is at the scale of the problems it is aiming to solve. To support the spending and investment needed to fully repair the labor market, we estimated in early December that roughly $3 trillion was needed. Less than one-third of this amount was included in the end-of-year recovery package, and the Biden administration’s proposal fills in the remaining amount,” Bivens said in a statement.
Newsweek
January 22, 2021
Sources
Economic Policy Institute, “Minimum Wage Tracker,” Jan. 7, 2021
Politifact
January 22, 2021
Heidi Shierholz, an economist at the Economic Policy Institute, a progressive think-tank, argued that the CBO’s estimated job losses from enacting a $15 minimum wage are “overstated.”
“The crucial fact is that an employment decline as a result of a minimum wage increase doesn’t necessarily mean any worker is actually worse off,” she wrote in a July 2019 report. “For a wide variety of reasons, a sizable share of low-wage workers routinely cycle in and out of employment; each quarter, more than 20% of the lowest-wage workers leave or start a job.”
MarketWatch
January 22, 2021
New York Times
January 22, 2021
Josh Bivens, director of research at the Economic Policy Institute, praised Biden’s plan shortly after it was unveiled last week.
“Most importantly, this package is at the scale of the problems it is aiming to solve. To support the spending and investment needed to fully repair the labor market, we estimated in early December that roughly $3 trillion was needed. Less than one-third of this amount was included in the end-of-year recovery package, and the Biden administration’s proposal fills in the remaining amount,” Bivens said in a statement.
Newsweek
January 22, 2021
Sources
Economic Policy Institute, “Minimum Wage Tracker,” Jan. 7, 2021
Politifact
January 22, 2021
Heidi Shierholz, an economist at the Economic Policy Institute, a progressive think-tank, argued that the CBO’s estimated job losses from enacting a $15 minimum wage are “overstated.”
“The crucial fact is that an employment decline as a result of a minimum wage increase doesn’t necessarily mean any worker is actually worse off,” she wrote in a July 2019 report. “For a wide variety of reasons, a sizable share of low-wage workers routinely cycle in and out of employment; each quarter, more than 20% of the lowest-wage workers leave or start a job.”
MarketWatch
January 22, 2021
“It’s a disaster. Those kids who have already got the worst of Covid and its consequences are the ones who are going to face a larger lack of sufficient, and sufficiently qualified, teachers,” said Emma Garcia, an education economist at the Economic Policy Institute, a think tank in Washington. “It’s going to have negative consequences immediately and it’s going to take them longer to be able to catch up.”
New York Times
January 21, 2021
Coronavirus has exacerbated many harsh and long-standing inequities in our state. According to the Centers for Disease Control and Prevention, Black and Latinx people are suffering disproportionately higher infection and death rates from COVID-19. Black workers also make up the majority of essential workers in several sectors, including food, agriculture, and industrial, according to a recent Economic Policy Institute report. These already vulnerable workers are frontline heroes who put their health and safety at risk to protect ours. Yet despite their incredible sacrifices, many of these workers earn minimum wage, without access to earned sick time, hazard pay, or death benefits.
West Orlando News
January 21, 2021