That surprised some observers, who thought the Democrat’s support was assured. “I would have expected him to sign the bill with pleasure,” says Dave Cooper with the Economic Policy Institute, a left-leaning think tank that supports a higher minimum wage. “I was disappointed.”
DCist
July 1, 2020
About 11.9 million Americans who are unemployed as a result of the pandemic, or about 7.2% of the workforce, have no hope of returning to their old jobs, while 5.7 million workers, or 3.5% of people, expect to get called back to work but probably won’t, writes Heidi Shierholz, senior economist and director of policy at EPI. That puts the share of the workforce currently out of work with no reasonable chance of returning to their jobs at roughly 11%, or about 17.6 million people.
CNBC
July 1, 2020
The CARES Act, signed by President Trump on March 27 in response to the coronavirus outbreak, has been criticized as insufficient to help state and local governments deal with the economic and social fallout. The Economic Policy Institute, a D.C.-based think tank, said in a March report, “The aid is both too stingy and too restrictive.”
New Haven Independent
July 1, 2020
San Francisco Chronicle
July 1, 2020
A wide range of tech companies use the H-1B program to bring in workers, including Microsoft, Google, Facebook, Apple, Amazon, IBM, Intel, and others. The top five US companies using the program are Cognizant Technology with 13,466 workers; Deloitte Consulting with 7,690 workers; Tata Consultancy with 7,620 workers; Amazon.com services with 7,337 workers; and Google with 6,054 workers, according to a May report by the Economic Policy Institute.
Tech Republic
July 1, 2020
The growth of the U.S. trade deficit with China since 2001, when U.S. policymakers first approved China’s entry into the World Trade Organization (WTO), is responsible for the loss of 3.7 million U.S. jobs, according to a January study by the Economic Policy Institute (EPI). An estimated 67,400 of those displaced jobs were from Washington.
Cascadia Weekly
July 1, 2020
Rothstein, a research associate with the Economic Policy Institute, has documented a lengthy list of historical examples which suggest that housing segregation was not only intentional, but that it still remains at the heart of so many racially oriented disparities within our nation: education, income, health and more.
Mountain View Voice
July 1, 2020
Meanwhile millions of Americans have lost their jobs as a result of businesses closing due to the pandemic. In early June, it was reported that nearly 43 million people had filed for unemployment in the US during April and May. That equates to roughly one in four American workers. A survey from the Economic Policy Institute in April estimated that figure is lower than the true number of Americans out of work: Millions more people could have filed if unemployment processes were easier.
CNET
July 1, 2020
According to CBS News, citing the Economic Policy Institute, California has more than 3 million workers claiming unemployment benefits, with another 1.8 million in New York and more than 2 million in Pa.
PennLive
July 1, 2020