The Trump administration also recently started requiring companies hiring H-1B visa holders to pay them more as a way to encourage domestic hiring instead. And some research has found that the program can push down wages for all workers. According to a recent study by the union-backed Economic Policy Institute, employers underpaid H-1B visa holders. Among the top employers using the program are Amazon, Microsoft, Walmart, Google, Apple and Facebook. EPI found all of them legally paid many of their H1-B workers below the local median wage for the jobs they filled.
Marketplace
November 13, 2020
The help provided by the government’s initial $2.2 trillion stimulus package is long gone, and the Republican-controlled Senate has consistently failed to produce another relief effort. Meanwhile, at least 6.2 million people lost their employer-sponsored health insurance via the pandemic, according to the Economic Policy Institute, and millions more did not have company health plans to begin with.
LA Progressive
November 13, 2020
“An administration without Congress can’t do much,” said Heidi Shierholz, senior economist and director of policy at the Economic Policy Institute. She was the Labor Department’s economist in the Obama administration. “I have dim hopes for a basic recovery package,” she said. “I don’t have any hope for progressive priorities, like a really big investment in the care economy.”
Wall Street Journal
November 13, 2020
That idea is emblematic of Biden’s approach. He has also championed a $775 billion program underwriting the cost of childcare and eldercare for American families and backs a $2 trillion infrastructure plan that would overhaul U.S. roads, bridges, trains and broadband systems while creating millions of jobs. The Biden Administration is also expected to push Congress to extend the $600 in expanded unemployment that expired at the end of July and to back an influx of federal cash to state and local governments, which have been forced by the economic collapse to slash programs benefiting American families, experts say. Colorado, for example, has increased Medicaid co-pays; California reduced firefighter pay by 7.5%; and Georgia slashed K-12 public school budgets by nearly $1 billion. Data suggests that Congress’s failure in 2008 to sufficiently bolster state governments delayed the economic recovery by four years, says Heidi Shierholz, a senior economist at the left-leaning Economic Policy Institute and a former Labor Department economist.
Time
November 13, 2020
A 2019 study by the nonpartisan Economic Policy Institute concluded that manufacturing sector growth creates a multitude of secondary jobs in other sectors. Adding 100 manufacturing jobs to a community generates enough economic activity to create 289 additional jobs in other sectors, such as retail, food service, construction, logistics support and other “Main Street” businesses. By comparison, 100 new healthcare, hospitality or retail jobs yield only 69, 53 or 47 downstream jobs, respectively.
Penn Live
November 13, 2020
We cannot say, however, that all the Biden voters voted for him because he ran as a challenger to the neoliberal economics and politics running the country since Reagan. There were probably not too many votes cast against Trump because he was on the wrong side of a wealth divide, a winner bunkered in with other winners looking at the losers bunkered in the cold outside. Or too many who voted for him because of the lousy way he treated those who worked on his real estate fiascoes, or because they wanted to end “the Trump administration’s consistent attack on workplace democracy—the ability of working people to elect representation in the workplace.” (McNicholas and Poydock, Report: Economic Policy Institute, Oct. 21, 2020)
Counterpunch
November 13, 2020
The Trump administration also recently started requiring companies hiring H-1B visa holders to pay them more as a way to encourage domestic hiring instead. And some research has found that the program can push down wages for all workers. According to a recent study by the union-backed Economic Policy Institute, employers underpaid H-1B visa holders. Among the top employers using the program are Amazon, Microsoft, Walmart, Google, Apple and Facebook. EPI found all of them legally paid many of their H1-B workers below the local median wage for the jobs they filled.
Marketplace
November 13, 2020
The help provided by the government’s initial $2.2 trillion stimulus package is long gone, and the Republican-controlled Senate has consistently failed to produce another relief effort. Meanwhile, at least 6.2 million people lost their employer-sponsored health insurance via the pandemic, according to the Economic Policy Institute, and millions more did not have company health plans to begin with.
LA Progressive
November 13, 2020