Alongside these job losses, the Economic Policy Institute calculates at least 16.2 million people lost employer-provided health insurance along with their jobs. Additionally, the unprecedented length of joblessness throws a wrench in momentum made by workers and their unions for better wages.
Courthouse News Service
May 29, 2020
The multiple downsides of OPT have been documented. The Economic Policy Institute noted in 2015, it not only poses risks to American workers, but “will further reduce employment opportunities for U.S. graduates in STEM fields.”
Immigration Reform
May 29, 2020
As bad as the national figures are, the situation in individual states is even worse. An interactive map on the Economic Policy Institute’s website shows more than one-third of workers in Georgia (39%), Kentucky (38%), and Hawaii (35%) have filed for jobless benefits. Just behind are Washington (31%), Louisiana, Nevada and Rhode Island (30% each), Michigan (29%), and Pennsylvania (28%).
People's Weekly World
May 29, 2020
Alongside these job losses, the Economic Policy Institute calculates at least 16.2 million people lost employer-provided health insurance along with their jobs. Additionally, the unprecedented length of joblessness throws a wrench in momentum made by workers and their unions for better wages.
Courthouse News Service
May 29, 2020
The longer the economy takes to switch to a recovery phase, the greater the risk of creating additional damage. Heidi Shierholz, policy director at the Economic Policy Institute, said the crisis has disturbed the normal churn of new businesses being made while others die off. That means that companies are not creating new positions to help the millions of people who have lost jobs.
“You see people being laid off at the exact time new businesses are not being formed, so the chance of finding a new job goes way down,” Shierholz said.
The disconnect between the number of businesses created and jobs lost may extend how long the economy will take to bounce back, she said.
“The hope was that businesses would be able to just sort of turn the lights back on, bring people back and get them working,” Shierholz said. “Instead, we will have to do a big scramble and a much slower process where new businesses are formed to create jobs.”
Roll Call
May 28, 2020
“For the vast major of people, those [unemployment] benefits don’t even replace half of your prior income,” said Heidi Shierholz, the senior economist at the Economic Policy Institute and former chief economist at the Department of Labor. “It will mean people will be definitely out looking for jobs,” she added, creating a crunch because “the number of job openings are greatly reduced by the coronavirus shock.
The Washington Post
May 28, 2020
Heidi Shierholz, policy director at the Economic Policy Institute told the Post all recessions hit African Americans and Hispanics harder, but the coronavirus’ effects could last for years after the pandemic is over.
Black Enterprise
May 28, 2020
“For the vast majority of people, those benefits don’t even replace half of [their] prior income,” Heidi Shierholz with the Economic Policy Institute told The Washington Post.
Media Play News
May 28, 2020
“The way that the recovery will be fast is, if people who have been out of work because of the virus have enough income so that when the economy does reopen they will be able to get out there and spend,” says Heidi Shierholz, a senior economist at the Economic Policy Institute, who was the top economist at the Labor Department during the Obama administration.
BBC
May 28, 2020
Montgomery isn’t alone. Since Covid-19 hit the United States, roughly 16.2 million workers have lost their employer-sponsored health insurance, according to an estimate published by the Economic Policy Institute. And like other impacts of the pandemic, the cost hasn’t been borne equally: Black women have been twice as likely to lose their jobs or income as white men.
The Nation
May 28, 2020