Estimates vary for how many Americans are likely to lose their employer-sponsored health coverage by the end of 2020; a recent study by Avalere Health estimated 12 million while the Economic Policy Institute said last month that about 12 million have already lost their insurance since February.
Common Dreams
September 29, 2020
The Economic Policy Institute’s Family Budget Calculator was used to determine the local cost of living, which includes housing, food, health care, transportation and other necessities. In many of the locations identified, housing costs can account for more than 30 percent of these expenses.
The Center Square
September 29, 2020
The Economic Policy Institute’s Family Budget Calculator was used to determine the local cost of living, which includes housing, food, health care, transportation and other necessities. In many of the locations identified, housing costs can account for more than 30 percent of these expenses.
The Center Square
September 29, 2020
The Economic Policy Institute’s Family Budget Calculator was used to determine the local cost of living, which includes housing, food, health care, transportation and other necessities. In many of the locations identified, housing costs can account for more than 30 percent of these expenses.
The Center Square
September 29, 2020
There are myriad ways employment might be affected as well. Economists such as Jhacova Williams and Valerie Wilson at the Economic Policy Institute have detailed why Black Americans have higher rates of underemployment than white Americans. One reason is that Black people do not have the capital — such as from a home — that would allow for extended periods of unemployment; instead, they are forced to accept subpar opportunities out of an immediate need to pay bills.
VOX
September 28, 2020
The U.S. lost 22 million jobs as a result of the virus outbreak. 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.
EPI said that economic devastation was particularly widespread in the black community because they have traditionally experienced higher unemployment rates, lower wages and have less savings to fall back on.
Fox Business
September 28, 2020
Meanwhile, Black and Latino workers are performing more than one-third of the jobs deemed essential and are a majority in some sectors, especially food and agriculture, according to an Economic Policy Institute analysis of Bureau of Labor Statistics data.
Atlanta Journal Constitution
September 28, 2020
According to the Economic Policy Institute (EPI), an estimated 12 million people previously covered under an ESI plan lost coverage between February and July. Two separate surveys conducted by the U.S. Census Household Pulse Survey and Urban Institute, read together, conclude that between 10 million and 11 million people lost ESI coverage from March to the end of July.
Yahoo Finance
September 28, 2020
Heidi Shierholz, chief economist at the Economic Policy Institute in Washington, said Mr. Biden still faced an uphill battle to pass progressive legislation.
Financial Times
September 28, 2020
The layoffs keep on coming. Last week, another 870,000 of us filed standard unemployment claims. Despite some optimism in Washington, the weekly state claims, excluding those who applied for Pandemic Unemployment Assistance, “are still greater than the 3rd-worst week of the Great Recession,” points out Heidi Shierholz of the Economic Policy Institute. Read her full report right here.
Newsweek
September 28, 2020