But nearly half of the U.S. population is still jobless, and millions will remain jobless for the foreseeable future. There are 14 million more unemployed people than there are jobs, per the Economic Policy Institute.
Axios
July 20, 2020
As Heidi Shierholz of the Economic Policy Institute points out, “Cutting off the $600 cannot incentivize people to get jobs that aren’t there.”
Politicus USA
July 20, 2020
Black people make up about one in nine workers overall, but about one in six essential workers, according to the Economic Policy Institute, a progressive think tank, due to their disproportionate presence in grocery stores, public transit, health care, social services, and other industries.
The Counter
July 20, 2020
Per the Economic Policy Institute, in 2019, black unemployment was at least twice as high as white unemployment in 14 states. Black unemployment is roughly 50% higher than that of whites.
Boise Weekly
July 20, 2020
Annual infant care is on average about $21,000, while care for a 4-year-old is around $15,000, according to the Economic Policy Institute.
Daily Hampshire Gazette
July 20, 2020
On the other hand, according to the Economic Policy Institute, if the benefit is extended through July 2021, the state could see a boost of $2.6 billion, equivalent to 2.3% of its annual GDP.
KMUW
July 20, 2020
If that money were to disappear, so would the jobs that have been sustained by consumer spending. The Economic Policy Institute estimated that the additional $600 in unemployment benefits will allow 5.1 million workers across the nation to keep their jobs. That number is 463,000 in New York.
Syracuse.com
July 20, 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.”
National Geographic
July 20, 2020
Abruptly ending the expansion could cost 2 million jobs by the end of the year, economist Jason Furman warned a House committee in June. The Economic Policy Institute estimated 5 million jobs could be lost by July 2021 if it is cut.
The Guardian
July 20, 2020