Black Americans are also more likely to work frontline jobs in public transportation, food services, and other sectors, reports the Economic Policy Institute.
Healthline
August 7, 2020
Right now, federal agencies can use something called a “public interest waiver” to waive Buy American requirements. Research shows, however, that agencies often exploit the waiver, sending billions in taxpayer dollars overseas every year instead of reinvesting that money into American businesses and workers. The Economic Policy Institute estimated in 2015 that these loopholes have cost 100,000 jobs.
Alliance for American Manufacturing
August 7, 2020
According to the Economic Policy Institute, the U.S. lost over 700,000 jobs to China in the first two years of the current administration, and more than 3.7 million jobs over the past several years. The administration would like you to believe that trend is changing and companies are bringing jobs back, but that simply isn’t true.
MarketScreener
August 7, 2020
Without any kind of benefit extension, the Economic Policy Institute estimates a resulting economic slowdown would lead to 5.1 million fewer jobs being created over the next year.
CNBC
August 7, 2020
Jaimie Worker, the senior state policy coordinator at the economic policy institute, was in the meeting as well. Saying the loss of that $600 per week affects more than those who are unemployed.
“They will no longer be buying things that they have been buying,” Worker said. “And the workers who produce those goods and services that they will no longer be buying will lose their jobs as well.”
WNEM-TV (Michigan)
August 7, 2020
“This should not be a shock,” said Elise Gould, senior economist at the Economic Policy Institute in Washington. “Economic recovery depends entirely on success in managing the spread of the virus, and this management has failed spectacularly since early June.”
Reuters
August 7, 2020
Heidi Shierholz, economist at the left-leaning Economic Policy Institute, said: “We added 1.8 million jobs in July, but our jobs level remains in absolute crisis”.
BBC
August 7, 2020
But that’s likely lowball right now, said Elise Gould, senior economist at the Economic Policy Institute. To be counted as “unemployed,” you have to be actively looking for work.
MarketWatch
August 7, 2020
The reality is that there remains a fundamental mismatch between the number of unemployed Americans and available jobs in the U.S. The BLS calculated that there were roughly four unemployed workers per job opening in May (the June figures will be released on August 10). Therefore, even with no benefit, the supply of jobs would not be sufficient to meet demand for work. As the left-leaning Economic Policy Institute noted in late July, there are 14 million more unemployed workers than jobs. “You can’t incentivize people to get jobs that aren’t there,” the EPI remarked.
Forbes
August 7, 2020