The Economic Policy Institute, a left-leaning think tank, concluded that the U.S. lost about 850,000 jobs from 1993 to 2013 as a result of NAFTA and that number has undoubtedly risen. And the “social progress as well as economic growth” in relation to the agreement never seemed to appear. Despite strong productivity growth in U.S. and Mexican manufacturing, real wages sank by 17% in Mexico from 1994 to 2011 and slid in the U.S. as well.
Salon
July 30, 2019
An economist, Rothstein is a distinguished fellow of the 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 journey unearthing the roots of housing segregation following World War II began with the landmark 1954 Brown v. Board of Education U.S. Supreme Court decision that ruled state laws mandating racial segregation in public schools were unconstitutional. Yet neighborhoods nationwide remain segregated.
Rochester Beacon
July 30, 2019
In an interview before his presentation, Rothstein, a former New York Times columnist and longtime fellow at the Economic Policy Institute, said he didn’t come to talk about Rochester in particular and cautioned against overly narrow focus on the particulars in one community versus another. “Every place I go, people try to convince me that their community is worse than anyplace else in this regard,” he said. “For some reason people need to believe (that). … It’s so much easier to focus on the small differences, but what’s important is the larger pattern.”
Democrat & Chronicle
July 30, 2019
In addition, the Economic Policy Institute estimates that wage theft costs American workers between $40 and $60 billion every year and pads the profits and shareholder dividends of the companies that steal that money. So it is hardly a surprise that these private prison firms would steal from non-citizen prisoners.
Daily Kos
July 30, 2019
Daniel Costa, director of immigration law and policy research at the Economic Policy Institute in Washington, D.C., said the estimates are that employment-based green card wait times will even out for everyone to around seven or eight years.
“H-1Bs will essentially become 13- or 14-year visas for people in the green card line,” Costa said, and it “will nearly be impossible to get sponsored by an employer from abroad for an employment-based green card directly.”
“The bill would more or less double the H-1B indenture period in that scenario,” Costa said. But, “at present, the indenture period for Indians is virtually infinity.”
Tech Target
July 30, 2019
Again, this is compounded by wealth disparities, especially the wage gap. According to the Economic Policy Institute, Black college graduates between ages 21 and 24 earned nearly 17% less per hour, on average, than white graduates. So not only to Black graduates have higher debt loads, after graduation they often have fewer resources with which to pay them.
Black News Zone
July 30, 2019
Thea Mei Lee, president of the pro-union Economic Policy Institute, blamed bad government decision-making for the lack of economic mobility.
“What we’re talking about here today is how policy choices over recent decades have eroded access to the American dream for too many Americans and also how we can use policy to restore opportunity and mobility for working people,” she said.
Arkansas Democrat Gazette
July 30, 2019
Data from the Economic Policy Institute 300 examines retirement savings by age, revealing that even those who are increasing their retirement savings still might come up short.
Kenosha News
July 30, 2019
Are you saving enough for your retirement? How are you comparing to other Americans? In this article we will be looking at average retirement savings by age group in the United States. This article is using information found in Economic Policy Institute’s The State of American Retirement article, which based their information on the Federal Reserve Board’s Survey of Consumer Finances.
Moolanomy
July 30, 2019
It wasn’t. In 1965, the average CEO made 20 times the average worker. It was about 30-to-1 in 1978. By 2017, chief executives made almost 312 times more than the average worker, based on data analyzed by the Economic Policy Institute.
Seattle Times
July 30, 2019