Here’s the inside baseball: In terms of their curricula vitae, both were once at the labor-left Economic Policy Institute (on whose board I serve), but more recently held senior posts at two more center-leftish think tanks—the Center on Budget and Policy Priorities in Bernstein’s case, and the Center for American Progress in the case of Boushey.
The American Prospect
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
Trade skeptics have blamed such agreements from hurting employment in the United States. In 2015, the liberal Economic Policy Institute estimated that 95,000 jobs had been lost in the United States due to the agreement.
Politifact
August 25, 2020
Here’s the inside baseball: In terms of their curricula vitae, both were once at the labor-left Economic Policy Institute (on whose board I serve), but more recently held senior posts at two more center-leftish think tanks—the Center on Budget and Policy Priorities in Bernstein’s case, and the Center for American Progress in the case of Boushey.
The American Prospect
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
Trade skeptics have blamed such agreements from hurting employment in the United States. In 2015, the liberal Economic Policy Institute estimated that 95,000 jobs had been lost in the United States due to the agreement.
Politifact
August 25, 2020
Here’s the inside baseball: In terms of their curricula vitae, both were once at the labor-left Economic Policy Institute (on whose board I serve), but more recently held senior posts at two more center-leftish think tanks—the Center on Budget and Policy Priorities in Bernstein’s case, and the Center for American Progress in the case of Boushey.
The American Prospect
August 25, 2020