However, it’s important to remember that the world has changed a lot since then. The Economic Policy Institute reported in 2019 that about 1 in 20 young college graduates is unemployed, and 1 in 10 is underemployed, working at a job that doesn’t require a college degree. Dr. Gene Beresin, a staff child and adolescent psychiatrist at Massachusetts General Hospital, and Rand Spero, president of Street Smart Financial, writing for The Clay Center for Young Healthy Minds, stress that in today’s economy, it’s quite common for college graduates to spend some time living with their parents.
Money Crashers
July 1, 2020
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
According to the Economic Policy Institute (EPI), people of color — which includes Blacks, Latinos, and Asians, account for 43% of all essential workers, even though they make up only 39.1% of the population.
Yahoo Finance
July 1, 2020
Few employers have compensated extra for on-site work amid the health crisis. A recent survey by the Economic Policy Institute found that fewer than a third of people who had to leave their homes to work during the pandemic received additional pay or benefits. As U.S. coronavirus cases persist and some states are even backtracking their reopening plans, workers have flooded social media with calls for hazard pay.
NPR
July 1, 2020
According To Economic Policy Institute, Between 1993 And 2000, NAFTA Was Responsible For 766,030 Jobs Lost In The United States. ( Economic Policy Institute , 04/10/01)
Public
July 1, 2020
And the impact of state and local spending cuts doesn’t stay there; rather, they serve as a major drag on the economy. Because of multiplier effects (i.e., one person’s spending is another person’s salary), the cuts greatly slowed the pace of recovery from the Great Recession. According to economist Josh Bivens of the Economic Policy Institute, if state and local government spending “had instead followed the trajectory it established following the recovery from the similarly steep recession of the early 1980s, pre-recession unemployment rates could have been achieved by early 2013 rather than 2017. In short, this austerity delayed recovery by over four years.”
Nonprofit Quarterly
July 1, 2020
Over 42 million people, about a fourth of American workers, have reportedly filed for unemployment in the past two months. A survey from the Economic Policy Institute in April estimated that figure is lower than the true number of Americans out of work, saying that more people could’ve filed if unemployment processes were easier.
CNET
July 1, 2020
But while the outlook is optimistic, the gains are not being enjoyed evenly, said Elise Gould, senior economist for the Economic Policy Institute, who said white workers are benefiting disproportionately.
“An increase in jobs is a positive sign but a concern that isn’t broadly shared is the Black unemployment rate showed no improvement nationally, it actually increased,” Gould said.
Tucson Sentinel
July 1, 2020
Fletcher and the other panelists – Unite Here Vice President Nia Winston, Jhacova Williams of the Economic Policy Institute and Tanya Wallace-Gobern of the National Black Workers Center – reached those conclusions when the entire nation is, for once, focusing on the endemic racism that has permeated U.S. society for 401 years.
People’s World
July 1, 2020
More than 50 percent of Americans get their health insurance through their employer. Since mid-March, close to 47 million Americans have sought jobless aid. A recent analysis by the left-leaning Economic Policy Institute forecast that 3.5 million workers lost their insurance in just the last two weeks of March.
Fox Business
July 1, 2020