The cost of infant care for one child can take up nearly a quarter of California’s median family income, according to the Economic Policy Institute. Meanwhile, child care workers in Los Angeles County make an average of $14.65 an hour.
LAist
December 7, 2020
According to an analysis by the left-leaning Economic Policy Institute, if the pandemic unemployment insurance benefits were reinstated and the virus was brought under control, over 5 million jobs could be created or saved.
NBC News
December 7, 2020
Several key pandemic programs are set to expire in less than a month, including a suite of unemployment insurance programs established in the CARES Act. A recent analysis by the Economic Policy Institute found extending and reinstating enhanced jobless benefits through 2021 could save or create 5.1 million jobs, boost GDP by 3.5% and increase total personal income by more than $440 billion.
Housing Wire
December 7, 2020
There is scant evidence of considerable reshoring, stories of a new wave notwithstanding. One report from the left-leaning Economic Policy Institute — which, like Trump, has been broadly supportive of reducing U.S.-China trade imbalances and reinvigorating U.S. manufacturing — detailed that between “inconsistent” trade measures and tax policies that “have encouraged outsourcing,” Trump’s China policies have actually “encouraged outsourcing.” Covid-19 may ultimately induce greater domestic production of medical equipment and pharmaceuticals, but that wouldn’t result from pre-2020 trade policy.
Washington Post
December 7, 2020
Heidi Shierholz, a senior economist and the director of policy at the Economic Policy Institute, previously told Business Insider that recessions typically hit younger workers harder in the short term, potentially reaping long-term consequences.
“The way a recession can really hurt people just starting out can have lasting effects,” she said. “There’s a lot of evidence that the first postgrad job you get sets the stage in some important way for later.”
Business Insider
December 7, 2020
Investment in sustainable school construction, like updated lighting, plumbing and electrical systems, as well as renewable energy projects, would not only be a great climate solution, but would generate significant numbers of new jobs. A $100 billion investment would create more than 1.9 million jobs, based on an Economic Policy Institute analysis.
The 74 Million
December 7, 2020
Former worker Grace Erpenbach told City Pages last month she was called into a meeting and presented with a choice: Stop organizing or lose your job. If true, such a threat would violate federal labor law even if it’s a common tactic. A recent study by the left-leaning Economic Policy Institute found employers are charged with illegally firing employees in 20% of unionization efforts. Through a spokesperson, Spyhouse says Erpenbach was a manager and should not have participated in organizing efforts.
Payday Reports
December 7, 2020
Given the various ways in which the crisis has widened existing socioeconomic disparities and how these disparities impacted educational outcomes, educational inequities are growing. According to studies by the Economic Policy Institute, the pandemic has exacerbated well-documented opportunity gaps putting low-income students at a disadvantage. Despite COVID-19’s negative impact on our children, there is a solution to mitigate some of the impact to a degree: social-emotional learning programming.
Worcester Business Journal
December 7, 2020
As winter sets in and covid-19 cases surge throughout the US, millions of Americans find themselves unemployed. Extending the unemployment benefits of the kind put in place at the beginning of the pandemic could save over 5 million jobs according to a recent report by the Economic Policy Institute.
AS English
December 7, 2020
Post-college, it’s difficult for workers of color to financially catch up. As the Economic Policy Institute wrote in its latest wages report, “average wages grew faster among white and Hispanic workers than among [Black] workers for all education groups from 2000 to 2019.”
Business Insider
December 7, 2020