Atlantic Magazine event on small businesses featuring Heidi.
Atlantic Magazine
October 16, 2020
The Economic Policy Institute, a progressive think tank based in Washington, D.C., carried out an analysis of primary and secondary education that, it said, illustrated “a widespread digital divide based on family income.”
“Nearly 16% of eighth-graders overall, and almost a quarter of eighth-graders who are poor, don’t have a desktop or laptop computer at home on which to follow their classes,” EPI researchers Emma García, Elaine Weiss, and Lora Engdahl wrote. “About 8% of eighth-graders who are not poor lack access to these essential devices.”
MarketWatch
October 16, 2020
Gen Z, defined here as those ages 16 to 24, are the most likely to be unemployed or underemployed because of the pandemic, according to the Economic Policy Institute. These workers are also not as likely to be able to work from home as older generations and have a higher probability of working in industries that have been hit hard by the pandemic.
“Millions of workers of all ages have suffered devastating job losses in the current recession, but the economic impact on young workers has been even more intense,” Elise Gould, senior economist with EPI, said in a statement.
CNBC
October 16, 2020
But getting on the rolls isn’t easy, experts say. “The transition from regular state benefits to P.E.U.C. is not going smoothly,” said Heidi Shierholz, senior economist and director of policy at the Economic Policy Institute, a left-leaning research group.
The New York Times
October 15, 2020
This message resonated with voters because it is not totally unfounded. As a result of a growing trade gap with China between exports and imports, we have witnessed the relocation of millions of American jobs in the past two decades. In the first two years of Trump’s presidency, the number of reallocated jobs grew by over 700,000, according to the Economic Policy Institute.
The Daily Free Press
October 15, 2020
So shoppers and shareholders have benefited. But something even more profound has occurred with a third set of winners: workers. To say that high-stress, low-pay retail gigs have lived at the bottom of the economic food chain is an insult to plankton. In 2019, the median annual wage for a retail worker was $25,250, with little upward mobility and turnover rates running about 60 percent a year. All this dysfunction was subsidized by you, the taxpayer—the Economic Policy Institute estimates that more than 35% of retail workers receive public assistance. Little wonder that no brick-and-mortar retail company has ever before appeared on our Just 100 list, created in partnership with nonprofit Just Capital, which spotlights America’s best corporate citizens.
Forbes
October 15, 2020
The COVID-19 pandemic has affected millions of Americans; however, between February and April, Black workers saw a greater loss in employment than white workers, according to the Economic Policy Institute, which noted that in April less than half of the black adult population was employed, further devastating a community that traditionally experiences higher unemployment rates, lower wages and with less savings to fall back on.
Tech HR Series
October 15, 2020
The unemployment rate for workers ages 16-to-24 jumped from 8.4% in spring 2019 to 24.4% from spring 2020, compared to a 2.8% to 11.3% jump for workers over 25. These numbers were even higher for Black and Latinx workers, according to the report from the Economic Policy Institute.
University Business
October 15, 2020
This message resonated with voters because it is not totally unfounded. As a result of a growing trade gap with China between exports and imports, we have witnessed the relocation of millions of American jobs in the past two decades. In the first two years of Trump’s presidency, the number of reallocated jobs grew by over 700,000, according to the Economic Policy Institute.
The Daily Free Press
October 15, 2020