But isn’t the Democratic ask for $1 trillion for state and local budget assistance excessive? Actually, it is right on target, based on some of the best research and projections we have. Economist Timothy J. Bartik of the W.E. Upjohn Institute now estimates state and local needs through the end of 2021 at $959 billion. And Economic Policy Institute economist Josh Bivens argues that unemployment and slow state revenues will likely persist beyond 2021, so “federal aid should continue so long as economic conditions warrant, and not be set by arbitrary timelines.”
Forbes
May 14, 2020
There are about 500,000 people on H-1B visas in the United States, according to estimates by Daniel Costa, a researcher at the Economic Policy Institute. More than 70 percent of them are Indians, and many of them technology workers. About 220,000 people were enrolled in the 2018-19 academic year in the Optional Practical Training program, which allows foreign students to work after completing their studies.
The New York Times
May 14, 2020
There are about 500,000 people on H-1B visas in the United States, according to estimates by Daniel Costa, a researcher at the Economic Policy Institute. More than 70 percent of them are Indians, and many of them technology workers. About 220,000 people were enrolled in the 2018-19 academic year in the Optional Practical Training program, which allows foreign students to work after completing their studies.
The New York Times
May 14, 2020
The letters, along with a new study on H-1B wage levels, may renew fierce debate over the future of the H-1B visa program. The wage study by the Economic Policy Institute (EPI), a think tank based in Washington, D.C., argues that the government is allowing employers to undercut U.S. workers on pay.
Congressman Burgess
May 13, 2020
According to projections from the Economic Policy Institute, nearly 20 million workers will lose their jobs through furloughs and layoffs by July 2020.1 Further, because many furloughed workers still show up on employer payrolls, even these eye-opening numbers may not capture the full picture of unemployment due to the economic impact of the coronavirus pandemic.
The Balance Careers
May 13, 2020
Nevada, Hawaii, and Montana are three states forecasted to lose the most jobs as a share of their labor force, according to an analysis from the Economic Policy Institute.
Business Insider
May 13, 2020
If there are few full time jobs available many will, quite sensibly, cease looking. The search for a job is itself a financially and psychologically costly endeavor. In such cases an unemployment number that does include involuntary part times and discouraged workers may be considerably higher than the headline number. The Economic Policy Institute calculates that if both of these factors were accounted for the current unemployment rate would be 23.7%
Common Dreams
May 13, 2020
RISK TO THE STATES — EPI’s Josh Bivens: “The revenue shortfall facing state and local governments stemming from the collapse in economic activity … could reach nearly $1 trillion by the end of 2021. And even at the end of 2021, recent economic projections indicate that unless more relief and recovery is passed, the unemployment rate could still sit at just under 10%.”
Politico
May 13, 2020
Solis pointed to a March estimate by the Economic Policy Institute that California could lose 600,000 jobs due to the coronavirus.
NBC Los Angeles
May 13, 2020