Every state also has been battered by massive layoffs but those that rely heavily on tourism were hit worse, including Hawaii, Nevada, Florida, South Carolina and Louisiana, according to an analysis of jobless claims by the Economic Policy Institute.
Manufacturing strongholds like Michigan also have been affected, the EPI study shows, because many factories are shut down and employees can’t do those jobs from home.
USA Today
May 11, 2020
Those figures could climb to job losses of more than 20 million and an unemployment rate of 16% when the department this Friday releases the first jobs report covering an entire month of shutdowns, according to said Heidi Shierholz, policy director at the Economic Policy Institute, the Post reported.
Drugs.com
May 11, 2020
24/7 Wall St. created an index of the pandemic’s ongoing impact on each state’s economy, taking into account the number of COVID-19 cases per 10,000 residents, the share of employment in industries deemed high risk by Moody’s, new unemployment claims since mid-March and projected unemployment rates by state for July 2020 from the Economic Policy Institute, a nonpartisan, nonprofit think tank.
USA Today
May 11, 2020
Since college-educated workers are more likely to be able to work remotely than people without a college education, people without degrees risk being exposed to the disease on the job, or are forced to choose between their health and a paycheck in some cases. And because fewer than 1 in 5 black workers and 1 in 6 Hispanic workers are able to work remotely, according to the Economic Policy Institute, on-the-job exposure disproportionately affects people of color.
ABC News
May 11, 2020
Elise Gould, senior economist at the Economic Policy Institute, published an analysis of the latest economic data in a Thursday blog post, a day before the Department of Labor’s release of the much anticipated April jobs report.
Newsweek
May 11, 2020
Many Latinos have lost jobs as the coronavirus forced businesses to shutter. Just 16 percent of Latinos were in jobs that allowed them to work from home, compared to 31.4 percent of non-Latinos, according to an Economic Policy Institute study released in March, about the time when states were beginning to restrict larger gatherings of people and close nonessential businesses.
NBC News
May 11, 2020
A separate analysis released Friday by the Economic Policy Institute reached a similar conclusion.
Lexington Herald-Leader
May 11, 2020
Heidi Shirholz economista del Economic Policy Institute explicaba en la edición del jueves del Washington Post que todas las recesiones “amplían las desigualdades existentes por raza y etnia, y siempre golpean a los trabajadores negros y latinos a con más dureza, pero esta va a ser peor. Va a ser una pesadilla”.
El Diario
May 11, 2020
Average hourly earnings spiked by $1.34 to $30.01, but this shouldn’t be interpreted as a silver lining, warned Economic Policy Institute senior economist Elise Gould. “While workers across the economy lost their jobs in April, many of the job losses were concentrated in lower-wage jobs. Therefore, stronger wage growth in April reflects the dropping of lower-wage jobs from the total,” she said.
NBC News
May 11, 2020