Part of the problem is that the US no longer has the manufacturing base it once did. According to Robert E. Scott, senior economist at the Economic Policy Institute, over the past two decades, the US has lost roughly a third of its manufacturing capacity, as more than 90,000 factories have closed and 5 million manufacturing jobs have been lost.
CNN
May 14, 2019
Had the Institute’s policy director bothered to check, he would have found the same has been true in Connecticut. From 2014 to 2017, when the state’s minimum wage rose from $8.25 to the current $10.10, the unemployment rate fell from 7.2 to 4.5 percent, just a bit above the current 3.8 percent rate. According to the Economic Policy Institute’s analysis, over half of the workers who would benefit from a higher wage live in households making less than $50,000, well below Connecticut’s median annual household income of $74,168.
Hartford Courant
May 14, 2019
Where do the authors of such articles turn for their facts? The USA Today article draws on calculations by the National Employment Law Project (NELP). Similar articles from CBS, NPR, and other news outlets draw on calculations from the Economic Policy Institute (EPI).10 In turn, these organizations cite academic research to support their views.
CATO Institute
May 14, 2019
David Cooper is featured at 12:12.
KSPR-33
May 14, 2019
Meanwhile, progressive economists had their own reasons for challenging the focus on the gig economy. This theme became prominent in the work of the Economic Policy Institute’s former president and current senior fellow, Lawrence Mishel, and has continued in subsequent work either written or published by EPI.
The American Prospect
May 14, 2019
Recently, the Economic Policy Institute conducted a family budget study to calculate what it actually costs to live in various communities in our country. Here is what they determined was a minimal monthly budget for a family of four to live in the greater Atlanta area:
Poverty and Equity
May 14, 2019
Caraccio likely benefited from the experience of graduating in an economy that’s the best for young college graduates it’s been in years. The unemployment rate for college graduates between ages 21 and 24 is 5.1%, as of March 2019, according to a report released Tuesday by the Economic Policy Institute, a labor-focused think tank. That’s compared to the 2011 peak of around 9%.
MarketWatch
May 14, 2019
Recent studies by the liberal leaning Economic Policy Institute (EPI) and 24/7 Wall Street show that Florida has a teacher shortage crisis and several local school district ranks as some of the worst in the country when it comes to teacher pay.
Florida Daily
May 14, 2019
STATE OF THE LABOR MARKET FOR NEW GRADS: A new report out this morning from the left-leaning Economic Policy Institute looks at job prospects for the Class of 2019. Read it here.
Politico
May 14, 2019
Weingarten has been in the news for criticizing income inequality in the past, an issue that’s close to Warren’s heart. After a new study by the Economic Policy Institute showed a lack of qualified educators in schools, Weingarten told Yahoo Finance that relatively low pay is part of the reason why.
Bustle
May 14, 2019