Elise Gould, senior economist with the Economic Policy Institute, tells CNBC Make It this federal approach is a step in the right direction and points out it’s been the intention of various federal stimulus, including the Paycheck Protection Program and enhanced unemployment insurance, enacted in the spring.
“Health experts have been talking about this all along, to stay home and make it financially viable for people to do so,” Gould says.
NBC News
November 16, 2020
That disparity hits low-income, Black, and Latinx households in the US especially hard. A March analysis from the Economic Policy Institute, a DC-based think tank, found that roughly 16% of Latinx workers and 20% of black workers can work from home, compared to 29% of white workers and 31% of non-Hispanic workers. And only about 10% of workers who fall in the lowest 25th percentile of income have that luxury.
Quartz
November 16, 2020
As Bob points out, a further strong candidate for the job is Bill Spriggs, an African American economist who’s the AFL-CIO’s chief economist and a professor at Howard University. (Bill is also a member of the Prospect board.) Other potential candidates who would better personify labor’s new face include Julie Su, the stellar commissioner of labor in California, and Thea Lee, the AFL-CIO’s former trade economist and deputy chief of staff, and currently the president of the Economic Policy Institute (from which, full disclosure, the Prospect subleases its offices).
The American Prospect
November 16, 2020
In a press release, Economic Policy Institute President Thea M. Lee said that the institute is looking forward to working with the incoming administration on addressing the needs of working people and reversing systemic racism. “EPI has long called for policies that would shift bargaining power back toward workers, curb accelerating income inequality, shore up the nation’s infrastructure and educational systems, protect and expand social insurance programs, and help close gender and racial wage gaps,” said Lee.
Workday Minnesota
November 16, 2020
I was also one of the 12.7 million Americans who the Economic Policy Institute estimates lost their health insurance received through their workplace or family member this spring. I went from my union’s employer-sponsored plan, with a $600-a-year family premium, to a plan that costs $1,000 a month for my child and me. If not for the Affordable Care Act subsidy, the premium would cost $600 more. The subsidy may or not continue, depending on which way the wind blows.
The New York Times
November 16, 2020
Lily Garcia, former head of the National Education Association whose mother is from Panama. She serves on the president’s advisory commission on educational excellence for Hispanics and is a board member of the Economic Policy Institute. If appointed, she would be the first Latina named Secretary of Education.
USA Today
November 16, 2020
“Things have improved more quickly than I expected, but we still have an enormous gap,” said Heidi Shierholz, a Labor Department economist in the Obama administration who is the policy director for the liberal Economic Policy Institute in Washington. She said the economy still needed trillions of dollars of support over the next two years.
The New York Times
November 16, 2020
The ever more radical social views that dominate the “woke” left and increasingly corporate America also may not play well with many immigrants who, according to one recent survey, are twice as conservative in their social views as the general public. Hispanics may not be the reliable social conservatives imagined by some Republicans, but they certainly seem unlikely to widely share the world-view of woke faculty lounges. Adding Latinos, African Americans and, in some states, Asians to the GOP’s working and middle-class base will prove critical to building a populist majority. Today barely 58% of all working-class Americans are white; according to a 2016 Economic Policy Institute study, people of color will constitute the majority of the working class by 2032.
The Daily Caller
November 16, 2020
The education level of people entering the workforce has a significant impact on the rate at which the economy grows in the long run, Hanushek told NBC News. A more educated person is more likely to have a job, work longer hours and be paid more. Higher education levels also correspond to improved health and lower rates of mortality and crime, according to a 2013 report from the Economic Policy Institute. All of these dynamics contribute to a faster growing economy, Hanushek said.
NBC News
November 16, 2020
“Inequality in our economy causes a lot of problems,” said Ben Zipperer, an economist at the Economic Policy Institute. “There’s a growing awareness that we can actually do something about it.”
Bloomberg
November 16, 2020