Even with the Trump administration’s tariffs and heated rhetoric, that trend is not course-correcting, says Robert Scott, director of Trade and Manufacturing Policy Research at the Economic Policy Institute.
“Frankly, Trump is bad for manufacturing. Since he took office, the deficit in goods is up 15%,” according to Scott. A trade deficit occurs when a country buys more products then it sells.
CNN
February 10, 2020
Over the last 40 years, the share of workers represented by unions has dropped in half, according to the Economic Policy Institute (EPI).
EPI also reports that full-time workers in states with “right-to-work” laws earn 3 percent less than similar workers in states that do not have these laws. These wage discrepancies are even greater for people of color.
Maui Now
February 10, 2020
Ava signed a non-compete agreement, which states that she is not allowed to accept a position with a firm in the same industry for at preset period of time after leaving her current company. Non-compete agreements might have sympathetic intentions — they ensure that employees can’t quit one job, only to get hired by a competitor and share trade secrets. But they are also criticized for negatively affecting wages and employee satisfaction. And they’re not uncommon — a study from the Economic Policy Institute suggests that between 27.8% and 46.5% of private-sector workers are subject to noncompete agreements.
Medium
February 10, 2020
With the benefit of hindsight, experts now say that NAFTA had neither as good nor as bad of an impact on the economies of the United States, Canada and Mexico as some initially predicted. Like many things, the reality lay in the middle. While trade objectively increased, even tripled by some accounts, American jobs did indeed flee to Mexico. Many left the Midwest and created the so-called Rust Belt. An article published by the Economic Policy Institute details the extent of the losses, contending that 682,900 jobs suffered in the U.S. at NAFTA’s expense. Many of these job losses, 60.8 percent, were in manufacturing. Supporters predicted manufacturing would see an increase of up to two million in five years.
The Borgen Project
February 10, 2020
One woman says she’s paid at least $185,000 so far to arbitrate her sexual harassment claim against her former employer. In contrast, she notes that she would have paid only $450 to file her claim in court. In addition, according to the Economic Policy Institute, employees are less likely to win a case before an arbitrator than before a judge—and don’t get as big of a payout if they do. Check out the infographic below (but keep in mind that this is just a simple comparison and that there are other factors to consider).
ClassAction.org
February 10, 2020
Elise Gould, a senior economist at the Economic Policy Institute, tweeted that the revision of 514,000 jobs “represents a meaningful slowdown from initially released data,” noting that average monthly job growth was now “weaker than 2018’s average growth rate.”
ABC News
February 10, 2020
Pero hablando de salud, la del mercado de trabajo sugiere que se está hablando de un ciclo que ya ha llegado a una cierta maduración. El departamento de Trabajo ha revisado a la baja los trabajos creados entre abril de 2018 y marzo de 2019. Han sido 514,000 empleos menos de los que inicialmente se han contado. En los últimos diez años, según el Elise Gould del Economic Policy Institute (EPI), estas revisiones suelen restar una media de 92,000 empleos.
El Diario
February 10, 2020
Around the same time, the Economic Policy Institute wrote: “African American and Hispanic children continued to face the highest poverty rates—28.5% of African Americans and 23.7% of Hispanics under age 18 lived below the poverty level in 2018.” Not mentioned was the steeper decline since 2013 for children in these categories compared to White children.
The National Interest
February 10, 2020
The Economic Policy Institute, which has covered H-1Bs extensively, concluded that only anecdotal evidence exists to suggest the need for more STEM H-1B workers. Managerial complaints about an inability to hire qualified workers is not because of a lack of qualified Americans, but rather the result of a specific search for foreign-born applicants.
Noozhawk
February 10, 2020