A recent report from the Economic Policy Institute, a nonprofit, non-partisan think tank, estimated that around 6.2 million workers lost access to health insurance they got through their employers as a result of being let go since the onset of the coronavirus pandemic. That figure takes into account workers who were originally laid off but have since found new employment.
MarketWatch
November 12, 2020
Celine McNicholas, director of government affairs at the left-leaning think tank the Economic Policy Institute, said Trump’s orders focused on federal workers not because he had it out for them especially, but because “he could accomplish those attacks through the stroke of a pen.”
MarketWatch
November 12, 2020
But you are not broken, and you are certainly not alone. Even before the pandemic ended ten years of uninterrupted economic growth, roughly half of college grads (ages 21-27) were unemployed or worked in jobs that don’t require a degree. Within this cohort, Black grads have higher rates of joblessness and 40% are underemployed, according to data from the Economic Policy Institute. And with each passing year, underemployment gets harder and harder to escape.
Fast Company
November 12, 2020
An analysis by Daniel Costa, an immigration policy expert at the Economic Policy Institute, found that the survey has produced more robust wage increases than the Labor Department’s wage index would have. Costa said fieldworkers’ wages rose an average of 3.6% each year between 2010 and 2019 based on the survey; under the index proposed in the new rule, they would have risen at an annual rate of 2.3%.
Huffington Post
November 12, 2020
“More than one million veterans –13.2% of all veterans – work for state and local governments and could be severely impacted by the Senate’s failure to provide timely federal aid,” reported John Schmitt and Naomi Walker of the Economic Policy Institute (EPI). “Because state and local governments are extremely restricted in how they can borrow, congressional authorization for state and local fiscal support is vital to prevent deep cuts in health care and education.”
Canton Daily Ledger
November 12, 2020
As of October, nearly 26 million Americans were either out of the workforce or not working as many hours as they would like, according to Heidi Shierholz, senior economist at the Economic Policy Institute and formerly the chief economist at the Department of Labor in the Obama administration. Although unemployment has fallen from 14.7% in April to 6.9%, roughly 15% of the country’s workforce remains either jobless or underemployed.
CBS News
November 12, 2020
Of course, not everyone left vulnerable by ending of the ACA would go without insurance. Some would use the money they’re currently spending on other necessities to buy health care. The Economic Policy Institute says that would result in major job losses as spending is directed away from local businesses and toward health insurance. A study from the group put the number of job losses in Kentucky after a potential ACA repeal at 55,949.
Spectrum News
November 12, 2020
United States unemployment for workers aged 16 to 24 tripled from 2019 to 2020, hitting 24.4 percent this spring, according to an October report by the Economic Policy Institute, a progressive-leaning think-tank based in Washington, DC.
Al Jazeera
November 12, 2020
Elise Gould, a senior economist at Economic Policy Institute in Washington. “That means, no matter what they did, there were no jobs for 5.4 million unemployed workers. And this misses the fact that many more weren’t counted among the unemployed.”
Reuters
November 12, 2020
“It seems like it’s everything,” said Heidi Shierholz, a former Labor Department economist under President Barack Obama who is the policy director at the liberal Economic Policy Institute in Washington. “If it’s 50-50 in the Senate after the Georgia races, then the Democrats will be able to push something substantial through that will be a really key thing for boosting the economy. If not, it just doesn’t seem possible.”
The New York Times
November 12, 2020