Due to persistent classification errors, the jobs report also likely underestimates the true impact of the pandemic on workers. According to the Economic Policy Institute, about 7 million unemployed workers are either misclassified as “employed not at work” or considered to have dropped out of the labor force since the outbreak hit. “Altogether, that is 24.5 million workers who are either officially unemployed or otherwise out of work as a result of the virus. If all these workers were taken into account, the unemployment rate would be a whopping 15.0%,” EPI economists Elise Gould and Heidi Shierholz said in a statement Thursday.
Sinclair Broadcast Group
July 6, 2020
Health insurance for twisted historical and political reasons remains tied to jobs. When people lose work, health protection is also gone. Back in mid-May, the Economic Policy Institute estimated that 16.2 million workers had lost employer-provided health insurance. That was before the full extent of job losses would be known.
Forbes
July 6, 2020
Trump’s recent proclamation temporarily bans guestworkers from coming to the United States, but what does it actually do? Daniel Costa of the Economic Policy Institute explains.
Dissent Magazine
July 6, 2020
“Without massive additional federal aid, austerity is certainly on the horizon for state and local governments, because state and local tax revenues are plummeting,” wrote Elise Gould and Heidi Shierholz, economists at the Economic Policy Institute.
The Hill
July 6, 2020
When asked to back up the claim, America First Action spokesperson Kelly Sadler pointed to a Jan. 30 report from the Economic Policy Institute, a left-leaning think tank.
USA Today
July 6, 2020
Meanwhile, here in early July, the coronavirus pandemic is still setting national caseload records, and weekly unemployment claim totals have over the last 15 consecutive weeks run more than twice as high, the Economic Policy Institute reports, as the worst jobless claim week of the Great Recession.
Inequality.org
July 6, 2020
Exposing as a fraud the claim that the supplemental benefit is keeping workers from returning to work, new research by the Economic Policy Institute (EPI) published on June 29 shows that some 17.6 million workers have no prospect of returning to a job at all.
World Socialist Web Site
July 6, 2020
La tasa de desempleo oficial fue del 13.3% en mayor y eso deja fuera a los que como los indocumentados no figuran en las estadísticas. Aproximadamente el 11% de la fuerza laboral del país está desocupada y sin posibilidad de recuperar su empleo anterior, según cálculos del centro de estudios Economic Policy Institute (EPI)
El Diario
July 6, 2020
For reference, the general CEO-to-typical-worker compensation ratio has increased exponentially in the last 50-plus year and was 278-to-1 — including stock options — in 2018, according to data from the Economic Policy Institute. In 1965, it was much smaller at 20-to-1.
Yahoo Finance
July 6, 2020
Data compiled by the Economic Policy Institute (EPI) shows that white workers on average routinely bring home a higher hourly wage than their Black and Hispanic counterparts. The pattern holds for most education levels, including those with a college degree. White workers in that group outpace Black workers by more than $7 per hour on average. “The wage gap has actually grown over the last couple decades,” said Valerie Wilson, the director of the Program on Race, Ethnicity, and the Economy at EPI.
Spectrum News
July 6, 2020