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
A 2018 study published in the Economic Policy Institute, a nonpartisan think tank, found that Hispanic men earned 15 percent less in hourly wages than non-Hispanic white men. Hispanic women made 33 percent less in hourly wages than non-Hispanic white men.
Sacramento Bee
July 20, 2020
Another 920,000-plus filed for Pandemic Unemployment Assistance in 47 states. Factoring the two figures together, the Economic Policy Institute’s Heidi Shierholz noted that it was the 17th straight week with more than twice as many Americans filing for unemployment benefits than did during the worst week of the Great Recession, when the most jobless claims filed in one week was 665,000 in March 2009.
The Week
July 20, 2020
But any recovery will be jerky. The nonpartisan Economic Policy Institute said that due to the latest rise in COVID-19 cases, “Layoffs are going to pick up again as people are laid off for a second time, and hires will likely slow as well.”
LA Times
July 20, 2020
Julia Wolfe, state economic analyst with the Economic Policy Institute, warned in a blog post last week that if Congress fails to extend the enhanced unemployment benefits through next year, “it could cost us more than five million jobs and $500 million in personal income.”
“We should despair for the millions who have lost their jobs and for their families,” Wolfe wrote, “and our top priority as a country should be protecting the health and safety of workers and our broader communities by paying workers to stay home when possible, whether that means working from home some or all of the time, using paid leave, or claiming UI benefits.”
Common Dreams
July 20, 2020
Features interview with Heidi Shierholz.
Cheddar
July 20, 2020