And those costs continue to rise. Daycare and preschool expenses grew almost twice as fast as overall inflation between 2000 and 2019, according to data from the Bureau of Labor Statistics analyzed by Elise Gould, a senior economist with the Economic Policy Institute. Daycare and preschool inflation grew 94% while overall inflation grew 48% from 2000 to 2019, Gould found.
CNBC
July 23, 2020
And without any aid, New Jersey could lose 152,500 public and private-sector jobs by the end of next year, according to the Economic Policy Institute, a progressive research group.
NJ.com
July 23, 2020
According to a report by the Economic Policy Institute, their inaction has resulted in the loss of more than 350,000 jobs in Texas alone. This means an additional 5 million workers will be seeking unemployment benefits but will instead find themselves empty handed.
NBC 5
July 23, 2020
In a letter to be sent Wednesday afternoon, the leaders of progressive advocacy groups such as the Center for American Progress, MoveOn, the Economic Policy Institute and the Roosevelt Institute, as well as the Service Employees International Union, said cutting the benefits would lead to “economic calamity.”
The Hill
July 23, 2020
“Covid has poured salt in those wounds,” Elise Gould, an economist with the Economic Policy Institute, said. “It’s not just out of reach, it’s unavailable.”
Politico
July 23, 2020
Fast Company
July 23, 2020
It’s not easy to find a job these days, even if your state isn’t experiencing a surge of Covid-19 cases that’s prompting new shutdowns. The ratio of unemployed workers to job openings as of mid-June is about 3.6 people for every available position, according to progressive Economic Policy Institute.
CNBC
July 23, 2020
“I think it can be seen as an infrastructure investment,” said Elise Gould, senior economist at the Economic Policy Institute, which estimates Biden’s plan could allow 3 million people who have been sidelined by the costs of child and elder care to return to the workforce. “It’s shovel ready.”
Bloomberg
July 23, 2020
A recent report from the non-partisan Economic Policy Institute (EPI) found that most of these employers are “taking advantage of a flawed H-1B (visa) prevailing wage rule to underpay their workers relative to market wage standards, resulting in major savings in labor costs for companies that use the H-1B.”
Immigration Reform
July 23, 2020
With unemployment rates double that of white workers under more normal circumstances, Black workers weren’t on a level playing field to start with. Now the pandemic has only exacerbated that difference, in part because Black workers are less likely to have jobs that allow them to work from home, according to a study by the Economic Policy Institute. That plays out in this chart’s trendlines, too. The white unemployment rate went from 3% in January to 9% in June; the Black unemployment rate went from 7% to 15% during the same period.
Fast Company
July 23, 2020