“What a fiscal stimulus can do is try to erect firewalls as much as possible and try to make sure it doesn’t ripple out and affect the rest of the economy,” said Josh Bivens, director of research for the Economic Policy Institute, a progressive think tank.
The New York Times
June 10, 2020
As reported by CBS News, some economists appear to be aligned with Yang’s approach. Paul Ashworth, the chief U.S. economist at independent research firm Capital Economics, expressed support for such a stimulus to help increase consumer spending and generate economic growth. Josh Bivens, director of research at the Economic Policy Institute, echoed Ashworth and pushed for “rapid direct payments to individuals.”
Inquisitr
June 10, 2020
The black/white wage gap was significantly wider in 2019 than at the start of the century — even as Hispanic workers have slightly narrowed their own gap with white workers, according to research from the Economic Policy Institute.
The New York Times
June 10, 2020
The Economic Policy Institute issued a lengthy report at the beginning of May that insisted the Department of Labor (DOL) allows employers to undercut local wages via the H-1B. “Among the top 30 H-1B employers are major U.S. firms including Amazon, Microsoft, Walmart, Google, Apple, and Facebook,” the group wrote. “All of them take advantage of program rules in order to legally pay many of their H-1B workers below the local median wage for the jobs they fill.”
Dice Insights
June 10, 2020
Los datos recopilados por el Economic Policy Institute muestran que los trabajadores negros son más propensos a tener empleos de primera línea, como en el transporte público, el cuidado de niños y el cuidado de la salud. Y menos de 1 de cada 5 trabajadores negros pueden trabajar desde su hogar, lo que aumenta su riesgo de contraer el virus.
AARP Blog
June 10, 2020
The relief measure authorized a $600 weekly benefit enhancement for all unemployed workers because states don’t have the staffing capabilities to determine each worker’s salary individually and replace that salary, said Heidi Shierholz, the director of policy at the Economic Policy Institute and the Department of Labor’s former chief economist during the Obama administration. The $600 number was settled on because it would make the average American worker whole, she told Law360 Tuesday.
Law360
June 10, 2020
“The human suffering and lost productive potential represented by these numbers is immeasurable,” said Heidi Shierholz, a former chief economist at the Labor Department and now head of policy at the Economic Policy Institute in Washington.
Thompson Reuters
June 10, 2020
The Economic Policy Institute reports that Black and Poor Americans face higher risks of unemployment as they comprise a disproportionately higher percentage of essential workers. Black Americans also disproportionately lack health insurance. Wide-scale unemployment has contributed to a change in consumer spending habits, and coupled with supply chain disruptions has led to even limited options when it comes to nutritious and affordable foods.
Medium
June 10, 2020
The income gap remains wide even though African Americans have vastly upgraded their educational attainment: The proportion of black Americans with a high school diploma has surged from 54% in 1968 to 92% in 2018. The share with a college degree rose from 9% to 23% over that period, according to government figures compiled by the Economic Policy Institute.
The Associated Press
June 10, 2020