Before COVID-19 hit, the Economic Policy Institute, a nonpartisan think tank, found Latinos were already suffering from higher unemployment rates, significant wage gaps and lower household incomes than their white counterparts.
WFAE 90.7
November 17, 2020
Fresh off his election win, Senate Majority Leader Mitch McConnell said Congress should focus its energy on approving a new coronavirus stimulus bill “by the end of the year” and it would possibly “do more for state and local governments.” That would be a relief, because without any more money, 5.3 million workers could lose their jobs by the end of 2021 if municipalities don’t get a bailout, according to the Economic Policy Institute.
Silicon Valley
November 17, 2020
“Everyone who follows this recognizes that the main obstacle to raising minimum wages is Republican legislatures,” says Ben Zipperer, an economist at the Economic Policy Institute, who has testified in Congress in support of lifting the federal minimum to $15.
Bloomberg
November 17, 2020
Before COVID-19, minority groups comprised much of the nation’s low wage earners. In a wage report issued by the Economic Policy Institute (EPI), the group documents how much less African American and Latinx workers are paid than White workers. The numbers show that both Black and Latinx workers have a history of making less income than White workers. By 2019, Black wages were 75.6% of White wages, and Latinx wages were 74.6%.
Coalition on Human Needs
November 17, 2020
Moody’s estimated that Biden’s overall economic plan, which includes health care investments, could create up to 18.7 million new jobs. A recent Economic Policy Institute report found that a similar plan that includes both clean energy and infrastructure investments, coupled with rebalancing trade, could create up to 12.9 million new jobs.
Alliance for American Manufacturing
November 17, 2020
Plus, the more that graduates earn, the more tax dollars they contribute over time, according to the Economic Policy Institute. In turn, educated people want to live somewhere where they will get a good return on their educational investment.
Hispanic Network
November 17, 2020
“The bottom line is that many workers will see a massive drop in living standards and increases in poverty,” said Heidi Shierholz, director of policy for the Economic Policy Institute.
Reuters
November 17, 2020
“Levin has both the knowledge and the expertise and the connections, both in the labor movement and in the broader progressive movement, including the environmental movement, to really be effective and a forceful advocate for families,” Economic Policy Institute President Thea Lee, who worked with Levin at the AFL-CIO, told POLITICO.
Politico
November 17, 2020
Trump promised a surge of new factory construction, something that largely hasn’t happened, noted the Economic Policy Institute in an August study reporting “nearly 1,800 factories have disappeared under Trump.” The study also found a loss of manufacturing jobs accelerating due to the pandemic.
NBC News
November 17, 2020
“Let’s hope they don’t carry the price for so long,” said Elise Gould, senior economic at the Economic Policy Institute.
Patch
November 17, 2020