For those who are still working, the work has become more and more dangerous. Even during the downturn, Latinos have helped keep the economy running as frontline workers in hospitals, supermarkets, food-processing plants and more — often in jobs without the luxury of working remotely. In fact, a study from the Economic Policy Institute found that only one in six Latino workers are able to work from home. Yet throughout the pandemic, Trump has treated essential Latino workers as if they’re dispensable.
El Paso Times
August 26, 2020
Last year, CEO financial compensation at the top 350 U.S. companies increased by 14% to $21.3 million on average, according to research by the Economic Policy Institute.
More importantly, executive pay is outstripping wages for average workers and is fueling income inequality, says Lawrence Mishel, a distinguished fellow at the Economic Policy Institute.
Karma Impact
August 26, 2020
As Postmaster General Louis DeJoy defended his changes to the USPS in front of the House Oversight Committee, our host Patty Peltekos explores the how those changes hurt middle-class families with Economist Monique Morrissey.
Monique Morrissey is a economist with Economic Policy Institute in Washington, DC. She has expertise in retirement security, labor markets, and financial markets. She is a member of the National Academy of Social Insurance
WORT-FM
August 26, 2020
Since the onset of the COVID-19 pandemic and shock to the economy, job losses have been consistent with roughly 6.2 million workers losing access to health insurance that they previously got through their own employer. This is the finding in a new paper by EPI Director of Research Josh Bivens and economist Ben Zipperer that surveys the limited data available to infer changes in health insurance coverage since the COVID-19 shock began. For each person who is covered under their own employer’s plan, roughly two people on average are covered through employer-sponsored insurance (ESI) once spouses and dependents are included. This means that closer to 12 million people have been cut off from ESI coverage due to job losses in recent months.
Common Dreams
August 26, 2020
Overall, the Economic Policy Institute calculates, the annual cost of care for an infant in California is a whopping $16,945 — consuming about a quarter of the median yearly income.
Truthout
August 26, 2020
In the second quarter of 2020, the Gross Domestic Product dropped faster than in any other quarter of U.S. history, contracting at a 32.9 percent annualized rate. It will take years to recover from this historic collapse in GDP. (Economic Policy Institute, July 30, 2020).
Nevada Appeal
August 26, 2020
For those who are still working, the work has become more and more dangerous. Even during the downturn, Latinos have helped keep the economy running as frontline workers in hospitals, supermarkets, food-processing plants and more — often in jobs without the luxury of working remotely. In fact, a study from the Economic Policy Institute found that only one in six Latino workers are able to work from home. Yet throughout the pandemic, Trump has treated essential Latino workers as if they’re dispensable.
El Paso Times
August 26, 2020
Last year, CEO financial compensation at the top 350 U.S. companies increased by 14% to $21.3 million on average, according to research by the Economic Policy Institute.
More importantly, executive pay is outstripping wages for average workers and is fueling income inequality, says Lawrence Mishel, a distinguished fellow at the Economic Policy Institute.
Karma Impact
August 26, 2020