Research also noted that Black women are experiencing the largest setback. June 2020 unemployment figures indicated that Black women experienced a 14% unemployment rate, compared to a 10.3% unemployment rate among white women. According to the Economic Policy Institute, Black women and Black families are also at higher risk for COVID-19, because they comprise a larger percentage of front-line workers.
The Simple Dollar
August 12, 2020
Elise Gould, senior economist at The Economic Policy Institute, wrote after the July jobs report came out that “because so many jobs were lost in March and April, we are still 12.9 million jobs below where we were in February, before the pandemic spread.
US News and World Report
August 12, 2020
Data suggests that not enough teaching jobs have been created to keep up with growing student enrollment as the population increases. A report from the Economic Policy Institute found the country lost 60,000 jobs in education after the Great Recession of 2008, and state and local education lost 1 million jobs between February and May 2020 due to the coronavirus pandemic.
Business Insider
August 12, 2020
“It’s going to take a long time to set up, and it’s not going to last a long time at all,” Josh Bivens of the left-leaning Economic Policy Institute told The Washington Post.
Yahoo Finance
August 12, 2020
As it stands, they’d have to claw back that money to employees at the beginning of next year. “I think what most employers are going to do is not pass this on to their employees,” Josh Bivens, the director of research at the left-leaning Economic Policy Institute, told the Post. “They’re not going to give money to the worker because the government is at some point going to come back for it.” All that Trump achieved with that part of the orders was declaring that he intends to destroy Social Security, which Democratic presumptive nominee Joe Biden was quick to point out on Sunday, saying Trump is trying to “undermine the entire financial footing of Social Security,” and to put Americans’ benefits “in doubt.”
AlterNet
August 12, 2020
Full-time day care in California costs an average of $900-$1,375 per month, according to a report by the Economic Policy Institute. That may sound like a lot for people struggling month to month, but some providers are set up to accept subsidies for low-income parents and essential workers, making them more accessible to families in need, Mauskopf said.
The Mercury News
August 12, 2020
That translates to 20 straight weeks where claims have been higher than the worst week of the 2008-2009 financial crisis, says Heidi Shierholz, director of policy at the nonpartisan Economic Policy Institute and former chief economist at the Labor Department.
Barron’s
August 11, 2020
Economists such as Josh Bivens, from the left-leaning Economic Policy Institute, say that putting more of an onus on states during a recession will backfire and lead to more economic hardship.
With changes expected to take months to carry out and just $44 billion of FEMA funds available to begin with, Bivens said carrying out the order would burden states with a lot of work for a very small payoff. At the current level of unemployment, the fund would be exhausted in just more than a month.
“It’s going to take a long time to set up, and it’s not going to last a long time at all,” he said.
The Hill
August 11, 2020
He also noted that the extra $400 per week for eligible jobless workers would still represent an average 22 percent pay cut for those who had through July been receiving an extra $600 weekly from the federal government.
And that in turn is likely to lead to a drop in consumer spending that has been supporting jobs. The Economic Policy Institute, a progressive think tank, estimates that cutting the enhanced benefit by $200 per week would cost 1.7 million jobs.
Politico
August 11, 2020
Normal trauma responses, Bordere said, can be interpreted differently depending on a number of factors, including a student’s race.
Two Economic Policy Institute researchers found something similar. In a 2019 report they wrote schools with high proportions of Black students have low enrollment in disability services. Therefore, symptoms of medical or mental health conditions are often punished.
The Columbia Tribune
August 11, 2020