A panel assembled last week by the Economic Policy Institute urged Congress to pass at least $1 trillion more in economic stimulus or risk 5.3 million jobs. The panel urged lawmakers to provide aid to state and local governments, which are facing massive budget deficits as a result of lost revenue resulting from the pandemic.
International Business Times
June 12, 2020
Economic Policy Institute: More than five million workers could lose their jobs by end of next year without further aid to state and local governments.
Politico
June 12, 2020
There has been a constant debate between lawmakers and the IT industry about the salaries offered to H-1B visa holders. The Economic Policy Institute has published a report highlighting H-1B visa workers are paid below local wages.
Tech Gig
June 12, 2020
“It’s important that individual employers have a reckoning as it relates to pay and equality by race, ethnicity and gender, but it’s going to require broader and more systemic changes to really bring it down,” said Valerie Wilson, director of the Economic Policy Institute’s Program on Race, Ethnicity, and the Economy.
CNBC
June 12, 2020
A COVID-19 delay might be a lucky break for U.S. workers. The Economic Policy Institute is apprehensive that the U.S. International Trade Commission’s projections about higher U.S. wages and increased employment may be based, much like NAFTA, on “questionable assumptions.” Specifically, EPI doubts whether U.S. wages will rise as a direct result of improved labor rights enforcement in Mexico, a conclusion that the ITE model doesn’t validate.
Jacksonville Journal-Courier
June 12, 2020
At least one survey from the Economic Policy Institute found that millions of Americans gave up trying to seek benefits or didn’t even attempt to due to states’ overwhelmed and antiquated unemployment systems.
NBC 26
June 12, 2020
The need for Biden to push a more progressive policy agenda should now be apparent to former skeptics in the midst of the ongoing coronavirus pandemic, suggested Sanders. The public health and economic crisis caused by the outbreak has so far pushed more than 16 million Americans off their employer-sponsored health insurance, according to the Economic Policy Institute, and has caused an explosion in demand at food banks across the U.S. as many unemployed people began struggling to afford basic necessities after missing just one or two paychecks.
Salon
June 12, 2020
Washington – If Connecticut does not receive more stimulus money from the federal government, nearly 60,000 jobs in the state could be lost, hampering an economic recovery, an analysis by the Economic Policy Institute says.
The Connecticut Mirror
June 12, 2020