24/7 Wall St. used data from the Economic Policy Institute’s Family Budget Calculator to identify the most expensive place in every state. We ranked counties based on the estimated monthly cost for a single adult to maintain a modest yet adequate standard of living.
24/7 Wall St.
November 23, 2020
Black and Latino communities, who have seen more job loss in this recession and have less wealth to fall back on, are at particularly high risk for prolonged unemployment, and the lack of stimulus threatens to hit these workers the hardest, according to Heidi Shierholz, senior economist and director of policy at the left-leaning Economic Policy Institute.
USA Today
November 23, 2020
The Economic Policy Institute’s most recent study of 40-plus years of U.S. productivity and hourly compensation shines light on the root of the discontent in our society. It shows that the productivity and compensation of average American workers dovetailed from 1948 to 1973. Productivity increased by 96.7% and hourly wages by 91.3%. The average workers were among the recipients of the nation’s prosperity.
VC Star
November 23, 2020
“Right now workers want unions,” says Celine McNicholas, director of government affairs at the Economic Policy Institute, a liberal D.C. think tank that receives 20 percent of its funding from unions. “They’re not getting them and that’s because the process is so rigged against working people.”
The Intercept
November 23, 2020
The PRO Act would also alter the way in which union elections are conducted. The current process would be changed to make it easier for employees to petition to form a union and to disallow employers from forcing workers to attend “anti-union” meetings, according to the Economic Policy Institute.
Daily Caller
November 23, 2020
“That’s a very significant loss and I think unfortunately that could just be the tip of the iceberg because a lot of these budget crunches haven’t fully manifested yet,” said economist David Cooper of the Economic Policy Institute, a left-leaning think-tank. “There’s a lot of loss of jobs that are potentially going to fall very heavily on workers of colour.”
Financial Times
November 23, 2020
With regard to Chris Gentilviso’s recent editorial “Amazon HQ2: A higher calling,” I agree that the Amazon HQ2 project will bring many jobs to Virginians. But I disagree with the assertion that HQ2 will bring prosperity to locally owned businesses during the pandemic. Current trends show that rich companies will continue to get richer and struggling businesses will continue to struggle. According to a 2019 Economic Policy Institute report, CEO income has increased by 940% in the same period that worker income has increased by just 12%. Amazon is profiting during the pandemic while local businesses struggle to stay afloat, as seen by the 26 COVID-19-related local shop closures that have occurred as of Sept. 25.
Richmond Times-Dispatch
November 23, 2020
The evaporation of the assistance will hurt the economy as jobless Americans sharply rein in their spending, said Heidi Shierholz, senior economist at the left-leaning Economic Policy Institute. That would reduce first-quarter economic growth by 1.2 percentage points, Bank of America estimated.
USA Today
November 23, 2020
“It’s everything on stimulus,” Heidi Schierholz, policy director of the left-leaning Economic Policy Institute, told Business Insider. “It’s everything because if there is a Democratic-controlled Senate, they will be able to get a sizable package through reconciliation.”
She continued: “Without that, it will come down to Senate Republicans on what a relief package, if any, looks like. They’ve given plenty of signals where they are on that.”
Markets Insider
November 23, 2020
“Prop 22 showed that companies and big corporations can buy their way out of providing protections for workers under the law,” said Margaret Poydock, a policy associate for the Economic Policy Institute, a pro-labor think tank.
The Washington Post
November 23, 2020