In fact, more than 300,000 jobs in the U.S. have been lost to offshoring during Trump’s presidency, according to the Department of Labor. Earlier this year, the Economic Policy Institute estimated that the total loss of jobs due to the worsening trade deficit with China was much higher—700,000 lost to China alone in 2017 and 2018.
Common Dreams
September 29, 2020
A new report by the Economic Policy Institute found public school teachers in Georgia earn about 25% less in weekly wages than nonteacher college graduates with similar characteristics, higher than the national teacher penalty gap of 20%.
The Atlanta Journal Constitution
September 29, 2020
Wells said workers in Arizona do benefit from one of the highest minimum wages in the country. According to the Economic Policy Institute, Arizona’s $12-an-hour minimum wage trails only Massachusetts’ $12.75 hourly wage, California’s $13.00, Washington state’s $13.50 and the District of Columbia’s $15.00. Oregon, Colorado and Maine also set a $12 hourly minimum.
Cronkite News
September 29, 2020
Pre-Donald Trump, disastrous trade deals inflicted stagnation upon American workers, for decades. Joe Biden was a principal architect of such structures, from NAFTA to China’s inclusion in the World Trade Organization on terms highly advantageous to Beijing. Because of Biden’s constant appeasing of the Chinese Communist Party, America acquiesced to an abusive economic relationship that cost our country more than 60,000 factories and over 3.2 million manufacturing jobs, per the left-leaning Economic Policy Institute.
Real Clear Politics
September 29, 2020
Researchers from the Economic Policy Institute, a progressive-leaning think-tank based in Washington, DC, point out that the 500,000-manufacturing job “boom” heralded by Trump is actually on par with the numbers seen throughout the country’s continuing economic recovery since the 2008 crash, which amounts to about 166,000 manufacturing jobs gained every year between 2010 and 2019.
Al Jazeera
September 29, 2020
The president has denounced the reporting on his finances and accused the investigation of being fake news. One study by the Economic Policy Institute found the federal tax system led to a more than 30% increase in U.S. income inequality between 1979 and 2007.
Public News Service
September 29, 2020
The Counter found people across the country whose work has been scaled back or eliminated completely because restaurateurs like Holland just can’t foot the bill anymore, people whose stories don’t usually make it into coverage of the continuing restaurant nightmare. But behind your neighborhood joint is an array of people—about eight million, according to the Economic Policy Institute— whose jobs and livelihood depend on restaurants. Here’s a look at the scope of the casualties.
The Counter
September 29, 2020
Older workers face a steeper climb if they lose their jobs, with less time before retirement to make up lost wages, according to the Economic Policy Institute. Black and Latino communities have also been disproportionately affected by COVID-19, and supporters of “right to return” say it’s a way to keep workers in those communities from being doubly disadvantaged.
NPR
September 29, 2020
Cuts to law enforcement are almost certainly coming, given the severity of economic damage that the pandemic is doing to state and local governments. The Center on Budget Policy and Priorities estimates that state budget shortfalls will add up to 10% for fiscal year 2020 and more than 20% for FY 2021, with Texas among the states hit hardest. Without any further federal aid, the Economic Policy Institute estimates that some 5.3 million people could lose their jobs by the end of 2021. And according to the EPI, job losses in the public sector will be felt chiefly among women and Black workers.
Bloomberg
September 29, 2020