“The net effect of H-1Bs is to speed up offshoring,” he said. In an analysis for the Economic Policy Institute, he found that half of the 30 companies that receive the most H-1B visas are staffing firms that send jobs abroad.
NPR Marketplace
June 24, 2020
“A huge share of jobless people will be forced to exist on much less than what they had before,” says Heidi Shierholz, an economist at the left-leaning Economic Policy Institute.
USA Today
June 24, 2020
That will come with a cost. In the United States, for example, net labour productivity growth, while slow, has still grown six times faster than compensation since 1979, according to an analysis by the Economic Policy Institute. This trend, observable in other developed economies, has exacerbated wealth inequality. Today the frustrated aspirations of the overworked middle and lower classes manifest in political extremism, substance abuse, divorce and troubled children – all of them expenses passed on to society one way or another.
Reuters
June 24, 2020
As of 2019, enduring wage gaps based on gender left women making 85 cents to a dollar made by men, according to a report in February by the Economic Policy Institute, a non-partisan think tank that studies the labor conditions of low- and middle-income workers. The ratio, of course, varies further based on race. The median wages of Black workers were about 76 percent those of the wages of white workers, according to the same report.
Women's Wear Daily
June 24, 2020
Health care insurance is another example. Many people without insurance during COVID-19 forgo hospitalization due to the fear of insurmountable costs. The Economic Policy Institute estimates that 12.7 million workers have likely lost employer-provided health insurance since the coronavirus shock began. Union members are far less likely to have this concern.
The Detroit News
June 24, 2020
The Economic Policy Institute reported in 2019 that white families have a median household wealth 12 times higher than that of Black families. This discrepancy is the result of centuries of discriminatory practices, such as redlining, that have prevented Black families from accumulating wealth.
Daily Trojan
June 24, 2020
The Economic Policy Institute estimates that employers illegally deprive workers of more than $50 billion in wages each year by underpaying them or requiring unpaid work; violators are rarely punished.
The New York Times
June 24, 2020
Valerie Rawlston Wilson, director of the Program on Race, Ethnicity and the Economy at the Economic Policy Institute, said schools need standards in place for teachers, staff and student safety.
At the federal level, the Trump administration has issued guidance for workers and employers in schools and other sectors, outlining standard precautions. But the guidance is largely voluntary, and so far the Trump administration has resisted calls for new regulations.
“I don’t know that parents will feel very confident in sending their students back to school if they don’t have consistent enforceable standards,” Wilson said.
NC Policy Watch
June 24, 2020
The figure below from an Economic Policy Institute study, shows the black-white wage gap for workers in different earning percentiles, by education level, and regression-adjusted (to control for age, gender, education and regional differences). As we can see, the wage gap has grown over time regardless of measure.
Monthly Review
June 24, 2020