Economic inequality in the United States is real and deeply damaging to the living standards of the vast majority of families. But it’s eminently fixable so long as we’re willing to make a pronounced break with policies of the past to make income growth a genuine political priority.
USA Today
September 25, 2020
Jonesboro, Arkansas has the lowest median housing costs of any city in our top 10 and the 20th-lowest amount for this metric overall, with residents paying $9,000 annually on average. While incomes fall behind other cities (the 2018 median annual income was $45,057), the area has a high graduation rate for high schoolers (about 93%). Arkansas also has the third-lowest average childcare costs of any state and the District of Columbia. Data from the Economic Policy Institute shows that the average annual costs of infant care and care for a four-year-old in Arkansas total $6,890 ($574 every month) and $5,478 ($457 every month), respectively.
Smart Asset
September 25, 2020
The jobs crisis isn’t over. As economists have been saying for some time now, the job-loss numbers are better than they were at the beginning of the pandemic, but still far above levels seen in any economic crisis since the Great Depression. “It’s just an ongoing crisis in the labor market,” said economist Heidi Shierholz of the Economic Policy Institute.
Arkansas Democrat Gazette
September 25, 2020
U.S. job losses from the coronavirus-related downturn were sharp, deep and especially hurt some low-wage sectors of the economy, notably the leisure and hospitality industry, said Elise Gould, a senior economist with the left-leaning Economic Policy Institute.
Dayton Daily News
September 25, 2020
According to “Unprecedented: The Trump NLRB’s attack on workers’ rights,” an Economic Policy Institute report authored by Celine McNicholas, Margaret Poydock and Lynn Rhinehart, the agency has enforced the top-10 wish list of the conservative, management-oriented Chambers of Commerce. Among the 10 are forced arbitration of disputes while disallowing class and collective claims, and improving “management rights” to allow unilateral changes and undermine collective bargaining.
Tampa Bay Times
September 25, 2020
Economic inequality in the United States is real and deeply damaging to the living standards of the vast majority of families. But it’s eminently fixable so long as we’re willing to make a pronounced break with policies of the past to make income growth a genuine political priority.
USA Today
September 25, 2020
“There’s nothing surprising in this,” said Heidi Shierholz, an economist at the Economic Policy Institute. “It’s just an ongoing crisis in the labor market.”
Washington Post
September 24, 2020
Today, when looking at salary levels, White workers, on average, are paid more than Black and Latinx workers at almost every education level, according to a report by the Economic Policy Institute. This wage gap directly correlates with a family’s ability to create wealth, with the median White family having more than 10 times the wealth of the median Black family in 2016, according to the Federal Reserve’s most recent Survey of Consumer Finances.
CNBC
September 24, 2020
But three data points gauge the ongoing destruction wrought by the pandemic onto the American economy:
Markets Insider
September 24, 2020