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
EPI’s research on teacher pay cited.
WCIA
August 25, 2020
EPI’s research on teachers buying school supplies cited.
WJLA
August 25, 2020
More than 55 million Americans have filed for unemployment since March, and another wave of layoffs is imminent, with major U.S. airlines warning that, without the protection of the CARES Act, they’ll layoff thousands of employees. American Airlines alone warned employees they may have to cut 20,000 jobs in the near future. The Economic Policy Institute predicted that the end of the additional $600-dollar federal unemployment benefit will mean that an additional 5 million people will lose their jobs. And the National Bureau of Economic Research said without a continuation there will be a 44% drop in local spending.
Atlanta Agent
August 25, 2020
The extra $600 per week that the CARES Act injected into benefits expired last month, and several states (including Maryland and Virginia) are applying for new federal funding that would temporarily give unemployed residents an extra $300 per week. With that extra benefit cut in half, an already bleak job market could grow bleaker; in a recent study from the Economic Policy Institute, the drop in benefits, and thereby consumer spending, could yield a loss of 2.6 million jobs in the next year. And unemployment recipients who watch their benefits shrink may continue to accrue debt.
WAMU 88.5
August 25, 2020
Since Trump took office, the lowest-income workers have seen largely stagnant wages, while the top 5% show the sharpest increase, according to federal data compiled by the liberal Economic Policy Institute.
Politifact
August 25, 2020