“This issue has come to the head in the last couple years because families can’t make ends meet with one full-time worker,” said Elise Gould, a senior economist at the Economic Policy Institute, a think tank. “People are beginning to realize that it’s not their fault or an inability to manage their own finances” that is making the cost of child care unaffordable for them.
The Economic Policy Institute report that calculated current federal spending at $22 billion per year estimated that a national early childhood system that compensated caretakers in line with K-12 teachers and served all age-eligible children would cost $337 to $495 billion a year. The report also predicts increased tax revenues from moms returning to work and providers earning higher incomes.
NBC News
March 4, 2020
“The stock market is overreacting, like they always do,” said Robert Scott, an economist at the Economic Policy Institute.
Al Jazeera
March 4, 2020
Among S&P 500 company CEOs, median pay increased by 6.6 percent to $12.4 million from 2016 to 2017, reaching its highest-ever rate since the 2008 recession, according to a May analysis by The Wall Street Journal. CEO median pay increased 940 percent from 1978 to 2018, the Economic Policy Institute found.
Fox Business
March 4, 2020
Bankhead’s problems mirrors the findings in a new report by the Economic Policy Institute, which looked at the state of African Americans since 1968. The report shows educational attainment is the biggest improvement. In 1968, just over half of African Americans had high school diplomas. Today, it’s more than 92 percent.
That’s where the good news ends. College graduation rates for blacks still substantially lag behind whites.
“They are also more than twice as likely to have a college degree as in 1968 but are still half as likely as young whites to have a college degree,” the report highlighted.
11 Alive
March 4, 2020
REPORT DISCOVERS PART-TIME EMPLOYEES PAID LESS PER HOUR: A report by the left-leaning Economic Policy Institute discovered that part-time employees get, on a per hour basis, 19.8 percent less pay than full- time employees in the very same markets with comparable scholastic backgrounds and experience.
AsumeTech
March 4, 2020
Y son muchos, según ha encontrado el Center for Law and Social Policy (CLSAP) en un estudio hecho por el profesor de economía y analista del Economic Policy Center (EPI), Lonnie Golden, y el también profesor, Jaeseung Kim. En esta investigación, publicada el jueves, se explica que cuatro de cada 10 trabajadores a tiempo parcial querrían trabajar más horas. Si se contabilizaran estas personas en el infraempleo la tasa de este estaría entre el 8% y el 11% y no el actual 6.9%.
El Diario
March 4, 2020
The bill text was unveiled at a press conference today with Congresswomen Schakowsky, Pressley, DeLauro, and Porter. They were joined by representatives of the Economic Policy Institute, the Center for Law & Social Policy and workers representing United for Respect and United Food & Commercial Workers to share first-hand perspectives on the impact of unpredictable work schedules and research on the part-time pay penalty and underemployment.
Sen. Cory Booker
March 4, 2020
Elise Gould at the Working Economics Blog of the Economic Policy Institute writes—Lack of paid sick days and large numbers of uninsured increase risks of spreading the coronavirus:
The CDC released very clear instructions to help prevent the spread of respiratory diseases, including staying home when you are sick. Not everyone has that option.
Overall, just under three-quarters (73%) of private sector workers in the United States have the ability to earn paid sick time at work. And, as shown in the figure below, access to paid sick days is vastly unequal. The highest wage workers are more than three times as likely to have access to paid sick leave as the lowest paid workers.
Daily Kos
March 4, 2020
“There’s a reason why people are going to work when they or their kids are sick, if they don’t have paid sick days,” said Elise Gould, a senior economist at the Economic Policy Institute, a left-leaning Washington, D.C., think tank. “They have to put food on the table and a roof over their head.”
MarketWatch
March 4, 2020