He cited 1992′s North American Free Trade Agreement (NAFTA), which was backed by many Democrats and cost the country more than 850,000 jobs, according to the Economic Policy Institute, and the Trans-Pacific Partnership, which was scuttled by President Trump, probably because it had been negotiated by President Obama. Both were tilted against workers, Trumka said.
Canton Daily Ledger
October 25, 2019
A third keynote session features economist Monique Morrissey of the Economic Policy Institute and Jason Fichtner, Fellow at the Bipartisan Policy Center. They will explore “Funding Our Future: Retirement Security Challenges and Solutions.”
Business Wire
October 25, 2019
Yet as a 2018 report from the Economic Policy Institute shows, African Americans continue to lag far behind whites in every economic category—education, income, home ownership, unemployment, and incarceration—despite their rising education rates and incomes. Perhaps Trump’s white supporters base their vision of the black experience in America on what they see on TV, which today offers more and more positive images of people of color, especially African Americans, than a few decades ago. In recent years, in part because of Black Lives Matter, the rise of white supremacist activism, and anti-immigration efforts, racism and racial inequality have become center stage issues in American politics. Yet during the same period, the white middle-class have seen their wages stagnate, their jobs become less secure, and their children struggle to achieve the trappings of middle-class life. That breeds resentment.
People’s World
October 25, 2019
The state’s poor showing underscores how Nevada households have failed to make economic gains since the economic crash. An Economic Policy Institute analysis in September found when adjusted for inflation, Nevada’s median household income was 12.3 percent lower in 2018 than it was in 2007.
Nevada Current
October 25, 2019
According to a March article published by the Economic Policy Institute, the teacher shortage is “real, large and growing, and worse than we thought.” The article is part of a series by EPI called “The Perfect Storm in the Teacher Labor Market.”
Tennessean
October 25, 2019
A quick search online would have you believe a recession is imminent. According to an Economic Policy Institute report published in April 2019, there is a “real possibility” that the United States could find itself in a recession as soon as the next 18 months. Lauren Anastasio, a certified financial planner with SoFi, a personal finance company that offers student loans, personal loans, investing and more, says while it’s hard to know exactly when, “what we do know for certain is that we will see another recession, and we just have to deal with it.”
Reader's Digest
October 25, 2019
Parents in Arlington pay the highest average costs in the region — $42,705 per year — for an infant and a 4-year old to attend daycare, leading Board members to consider a subsidy last year to help families afford it. The average cost per child ($21,000) is also among the highest in the region, per the Economic Policy Institute.
ARL Now
October 25, 2019
In a January 2019 report on the effects of Airbnb, the Washington, D.C.–based Economic Policy Institute (EPI)—a nonprofit, nonpartisan think tank that seeks to include the needs of low- and middle-income workers in economic policy discussions—found that rising housing costs are a key problem for American families, adding that evidence suggests that the presence of Airbnb raises local housing costs.
“The largest and best-documented potential cost of Airbnb expansion is the reduced supply of housing as properties shift from serving local residents to serving Airbnb travelers, which hurts local residents by raising housing costs. There is evidence this cost is real,” says the report’s author, Josh Bivens.
Urban Land
October 25, 2019
The Economic Policy Institute calculates a target for wage growth based on the Federal Reserve’s inflation target of 2%, the current productivity growth trend, and the relative shares of national income going to labor and capital. Wages should grow by 3.5% to 4%, EPI finds, not including increases in labor’s overall economic share.
Chief Investment Officer
October 25, 2019
In a paper titled “The new gilded age: Income inequality in the U.S. by state, metropolitan area, and county” for the Economic Policy Institute, co-authors Estelle Sommeiller, a socio-economist at the Institute for Research in Economics and Social Sciences in France, and Mark Price, a labor economist at the Keystone Research Center, stress that the issue of inequality impacts workers across the country.
CNBC
October 25, 2019