As we know the economy has been hammered by the COVID-19 shutdowns. Robert Scott is Senior Economist at the Economic Policy Institute, and he says things could get even worse before they get better.
Richard French Live
June 22, 2020
There’s also the racial wage gap: the Economic Policy Institute says that in 2017, Black men made about 70 cents for every $1 their White counterpart made. The gap is especially large when it comes to Black women, who make 62 cents for every $1 a White man makes, according to the National Women’s Law Center.
The Skimm
June 22, 2020
Most students are taught about the Jim Crow-era efforts to keep schools separate and unequal, but fewer probably know contemporary education shows levels of segregation not seen since before the Supreme Court’s 1954 Brown v Board of Education decision. For example, a recent report by the Economic Policy Institute found that black children are five times as likely as white children to attend racially and ethnically segregated schools and twice as likely to attend “high-poverty” schools.
The Washington Post
June 22, 2020
With the labor market in a state of unprecedented turmoil, the data is coming in so quickly that it can be difficult to see the clear trendlines. Heidi Shierholz of the Economic Policy Institute attempted to straighten out some of the crooked lines in a blog post Thursday.
The Fiscal Times
June 22, 2020
“In today’s gradually reopening coronavirus economy, hires (or rehires) are now outpacing job losses, but we are still seeing a huge number of people losing jobs,” Heidi Shierholz, senior economist at the Economic Policy Institute, wrote in a blog post. Shierholz added that the recession is going to “exacerbate existing racial inequalities by causing greater job loss in Black and Hispanic households than in white households.”
CBS News
June 22, 2020
People of color make up a disproportionate number of essential workers. According to the Economic Policy Institute, there are 55.2 million essential workers in the US. Half of those in food and agriculture, and 53% in industrial, commercial, residential facilities and services, are people of color.
Business Insider
June 22, 2020
But, it is expensive to be here. Prohibitively. The Economic Policy Institute, a progressive think-tank, estimates that a two-parent, two-children household needs an average combined income of more than $8,500 a month to live in Napa Valley.
Al Jazeera
June 22, 2020
Richard Rothstein, a distinguished fellow of the Economic Policy Institute, writes frequently on achievement gaps. He asserts that the COVID-19 pandemic will exacerbate existing achievement gaps between middle and low-income children. The gaps that already exist will widen – again, black and brown children – will figure prominently in these statistics.
Fort Worth Business Press
June 22, 2020
The median wealth of a white family is nearly 12 times that of a Black family, according to the Economic Policy Institute.
NBC News
June 22, 2020