In Pinellas, Census data shows that 47 percent of Black families live in multi-family buildings, compared to just 34 percent of white residents. Nationally, Black families are twice as likely to live in homes with three or more generations, according to analysis from the Economic Policy Institute.
PBS Frontline
August 10, 2020
According to the Economic Policy Institute, 39 percent of workers in the United States are in essential categories. The problem with the March-to-May lockdown was that it was not uniformly stringent across the country. For example, Minnesota deemed 78 percent of its workers essential. To be effective, the lockdown has to be as comprehensive and strict as possible.
New York Times
August 10, 2020
In Hawaiʻi, the gap between average household incomes of the top 1% of our population (around $797,001 in 2015) and the bottom 99% (around $57,587), has been growing — paralleling the rising income inequality in most other U.S. states from the 1970s onward, according to the Economic Policy Institute.
Hawaii Herald
August 10, 2020
Conversely, The Economic Policy Institute estimates that keeping the payments through the middle of 2021 would provide a quarterly GDP boost of 3.7%
Business Insider
August 10, 2020
Virginia is one of the most expensive states for child care. The average cost for a family with two children is about $24,929 per year, or about $2,100 a month, according to the Economic Policy Institute. The average median income in Virginia is $71,564, according to the U.S. Census Bureau, and to afford child care, a typical family would have to spend nearly 35% of its income.
Richmond Times-Dispatch
August 10, 2020
U.S. union membership has dropped significantly over the last several decades. While in 1983, 16.8% of private-sector employees belonged to a union, as of last year, just 6.2% of private-sector employees were union members. Employers, meanwhile, spend more than $340 million per year on union avoidance services like those offered by Jackson Lewis, according to an analysis from the Economic Policy Institute based on reports filed with the U.S. Department of Labor’s Office of Labor-Management Standards.
Medium
August 10, 2020
If Congress decides to reinstate a federal unemployment benefit bonus — in any amount — it will likely take two to four weeks for payments to flow to states and then recipients, according to the Economic Policy Institute. So far, the proposal has been introduced only in the Senate. Democratic congressional leaders are currently negotiating with the GOP on the particulars of the plan.
CNET
August 10, 2020
A report from the Economic Policy Institute found that without the $600 weekly unemployment insurance boost, more than 5 million jobs would be lost — as American consumption would fall and companies would be forced to cut jobs.
The American Independent
August 10, 2020
We are in the worst economic crisis since the Great Depression — but by the unjustifiably slow federal response, you’d hardly know it. As days pass, the economic impact worsens. State and local tax revenues are plummeting, creating a severe funding crisis for schools, healthcare, and other critical services. Without federal action, the Economic Policy Institute estimates that Pennsylvania will shed 201,000 public and private sector jobs by the end of 2021.
PennLive
August 10, 2020
Among the reasons that the economic devastation has hit women especially hard is the fact that women account for the majority of workers in industries that have suffered serious financial blows, such as retail, domestic work, and beauty and personal care. According to the Economic Policy Institute, approximately 8 percent of laid-off women workers’ jobs are gone forever, as opposed to a little over 6 percent of men’s jobs. And on top of that, longer running disparities like the persistent gender pay gap will almost certainly make it harder for women to bounce back from the downturn. As Carmen Niethammer wrote in Forbes last month, those inequalities could linger for decades, even well into retirement for millions of women.
New Republic
August 10, 2020