“Because most U.S. workers rely on their employer or a family member’s employer for health insurance, the shock of the coronavirus has cost millions of Americans their jobs and their access to health care in the midst of a public health catastrophe,” said Josh Bivens, the director of research at the Economic Policy Institute, in a statement.
CNBC
August 31, 2020
Heidi Shierholz, a senior economist and director of policy at the Economic Policy Institute, agrees. “There is a real possibility many jobs lost by women will never come back.”
Vancouver Sun
August 31, 2020
“Ideally, we’d be in a world where we didn’t have to make these trade offs,” Elise Gould, senior economist at the Economic Policy Institute, tells CNBC Select. “The decision to go to college has been made harder and harder with the rising price of tuition.” Particularly, she adds, when the college experience will not be what we’re used to.
CNBC
August 31, 2020
Researchers at the Economic Policy Institute say 6.4 million workers have lost access to insurance through their employer amid job losses during the pandemic. When accounting for spouses and dependents in those plans, the number of people losing employer coverage is likely closer to 12 million.
Fierce Healthcare
August 28, 2020
“We find that a CEO now earns about 320 times that of a typical worker in their main industry,” said Lawrence Mishel, a labor economist and distinguished fellow at the Economic Policy Institute, an independent think tank in Washington D.C.
Mishel just authored a report analyzing CEO compensation. That report shows how in March and April when some CEOs were reported to have cut their salaries during the economic downturn, it wasn’t as big of a sacrifice as it seemed.
The Denver Channel
August 28, 2020
Dresser contributed to a 2019 report led by the Economic Policy Institute that said all 12 Midwestern states have deep racial disparities, in areas from education and jobs, to health and home ownership.
For this week’s Statewide, we interviewed Elizabeth Powers, an economist with the Institute of Government and Public Policy at the University of Illinois and Heidi Shierholz, an economist and policy director at the Washington, D.C,-based Economic Policy Institute. Powers was a member of former President George H.W. administration, while Shierholz served in former President Barack Obama’s administration. They discussed the impact of COVID-19 on women in the workforce.
Public News Service
August 28, 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 28, 2020
“That means people on UI are now are forced to get by on the meager benefits which are in place without the extra payment, which are typically around 40% of their pre-virus earnings,” says Heidi Shierholz, policy director for the Economic Policy Institute. “It goes without saying that most folks can’t exist on 40% of prior earnings without experiencing a sharp drop in living standards and enormous pain.”
People’s World
August 28, 2020
According to the Economic Policy Institute, ‘The disparate racial impact of the virus is deeply rooted in historic and ongoing social and economic injustices. Persistent racial disparities in health status, access to health care, wealth, employment, wages, housing, income and poverty all contribute to greater susceptibility to the virus-both economically and physically.’ A reopening of many states and a modest economic recovery in May benefited some business owners, but the racial gap still persists.
Public News Service
August 28, 2020