“We will keep fighting to help every aspect of the gaming industry as Congress and the administration consider additional economic relief measures,” the AGA said. It is thought that around 200,000 casino workers in Vegas have been affected by the city’s shutdown so far. According to data collected by the Economic Policy Institute, the unemployment rate in Nevada could rise to around the 20 percent mark as a result of the coronavirus crisis.
Card Player
April 20, 2020
“What we are going through is traumatic on every level,” said Heidi Shierholz, senior economist at the Economic Policy Institute in Washington. “We will minimize that trauma by following what public health experts want us to do.”
The variability falls in line with calculations from both George Mason University and the Economic Policy Institute that show how economic turmoil and recovery vary state to state and county to county. Local economies with higher numbers of digital jobs are less rattled than parts of the country with bustling service and hospitality industries.
Courthouse News Service
April 20, 2020
“For awhile, we are going to be in territory that was just unthinkable,” Heidi Shierholz,a senior economist at the Economic Policy Institute, told Business Insider. In comparison to the Great Recession, the current situation is a much more rapid deterioration, she said.
For example, the worst weekly jobless claims report during the Great Recession showed fewer than 1 million Americans filed for unemployment insurance — now, the US is seeing sustained weeks of millions of claims. “We’re just in this extraordinary space,” Shierholz said.
Business Insider
April 20, 2020
High rates of homelessness, housing insecurity and food insecurity impact the extent to which people can safely engage in social distancing measures. At the same time, a disproportionately high share of black and Hispanic workers are in jobs where they cannot telecommute, according to a report by the Economic Policy Institute.
“You layer those other social barriers on top of health care, it really sets up folks to be at a disadvantage,” Cooper said.
The Hill
April 20, 2020
The rideshare company posted statistics from the Economic Policy Institute that shows the higher rate of exposure Black people have to contracting COVID-19 due to health disparities and holding lower-wage jobs that are deemed essential than other racial groups across the United States. The stats found that only 20 percent of Black workers were eligible to work from home, compared with 30 percent of white people.
The Grio
April 20, 2020
The Economic Policy Institute is urging Congress to allocate another $500 billion in federal aid to state and local governments, on top of the $150 billion already outlined in the CARES Act.
NJ Biz
April 20, 2020
“Workers and their families are paying the price for going into the current crisis with a weak social insurance system and public safety net. Given this pre-existing weakness, transformative responses to this economic crisis have to be put together on the fly, and the Paycheck Security Act is a bold solution to provide needed relief during the lockdown period of the crisis and would put us in much better position to mount a rapid recovery once the public health all-clear was sounded,” said Josh Bivens, Director of Research, Economic Policy Institute.
Bernie Sanders
April 20, 2020
The Washington Post published a story saying that millions of students are at risk of severe learning loss during the coronavirus pandemic and discussing some of the unprecedented steps to help them catch up. This post is a follow-up of sorts, looking at exactly why achievement gaps will “explode,” according to the scholar and author Richard Rothstein.
Rothstein is a distinguished fellow of the nonprofit Economic Policy Institute and a senior fellow emeritus at the Thurgood Marshall Institute of the NAACP Legal Defense Fund and of the Haas Institute at the University of California at Berkeley. His most recent book is the award-winning “The Color of Law: A Forgotten History of How our Government Segregated America.”
The Washington Post
April 20, 2020
“The UI provisions in the CARES Act were some of — if not the — strongest provisions of the act,” said labor economist Heidi Shierholz of the Economic Policy Institute and formerly part of the Obama administration. “It will alleviate the hardship of millions of people.”
VOX
April 20, 2020