The left-leaning Economic Policy Institute criticized provisions to increase reporting requirements for strike funds, saying it would give an unfair advantage to employers during labor disputes and contract negotiations.
“The Department argues the change would allow union members to know the health of their union’s strike fund, which in turn would help members develop strategies for dealing with employers,” wrote Margaret Poydock, an EPI policy associate. “However, the same can be said about employers having knowledge of the amount of a union’s strike fund.”
Bloomberg Law
December 16, 2020
Data from the U.S. Labor Department’s Wage and Hour Division shows agricultural employers had to pay $76 million in back wages and $63 million in penalties between fiscal years 2000 and 2019, according to a report from the left-leaning Economic Policy Institute (EPI).
Reuters
December 16, 2020
And it probably isn’t nearly enough. As numerous analyses have found — see this one from the Economic Policy Institute or another one from two economists sponsored by the Groundwork Collaborative — we probably need at least $2 trillion in new spending on top of this package to offset the big drop in demand that has resulted from the pandemic.
The Washington Post
December 16, 2020
By August, the number of Americans who had lost their health insurance jumped to six million — or, at least 12 million when spouses and children are taken into account, according to research from the Economic Policy Institute.
CBS News
December 16, 2020
“Now, the Department is on the verge of finalizing another rule that would cost tipped workers. The Department’s 2019 proposal to codify the repeal of the 80/20 rule would allow employers to pay workers a subminimum wage while assigning them work that does not provide them with ample opportunity to earn tips. The Economic Policy Institute estimates that, if finalized, this rule would cost workers more than $700 million each year. The Department is also relying on the same excuses it used in the 2017 rule to withhold the potential economic impacts of the 2019 rule for workers, even while conceding that the rule could reduce the employment of workers, such as dishwashers or busboys, who currently perform non-tipped duties.
Congressman Bobby Scott
December 16, 2020
Learning and development have been interrupted and disrupted for millions of students nationwide due to the pandemic, according to the Covid-19 and Student Performance, Equity and U.S. Education Policy report by the Economic Policy Institute in Washington, D.C. The only effective response is to use diagnostic tests and other tools to meet each child where they are and to devise a plan for making up for the interruptions, according to the report.
Northwest Arkansas Democrat Gazette
December 16, 2020
In late October as the coronavirus pandemic raged, the Economic Policy Institute released a study showing that it isn’t just morally right but an economic necessity to deal with poverty in this country and fast. “If America does not address what’s happening with visionary social and economic policy,” as that study put it, “the health and well-being of the nation are at stake. What we need is long-term economic policy that establishes justice, promotes the general welfare, rejects decades of austerity, and builds strong social programs that lift society from below.”
Counter Punch
December 16, 2020
“Lo que más podría ayudar a los hispanos sería lo que ayudaría a cualquier otro trabajador”, expresó Daniel Costa, experto en asuntos laborales del Economic Policy Institute, refiriéndose a la aprobación de una ley que suministre ayuda económica y otorgue permiso de trabajo a inmigrantes que se desempeñan en tareas esenciales./ “The thing that could help Hispanics the most would be what would help any other worker,” said Daniel Costa, an expert on labor issues at the Economic Policy Institute, referring to the approval of a law that provides economic aid and grants work permits to immigrants who perform essential tasks.
Associated Press
December 16, 2020
EPI’s health insurance research is cited.
WTSP-Tampa Bay
December 16, 2020
EPI’s minimum wage research is cited
WREX-Chicago
December 16, 2020
Economic Policy Institute senior economist Elise Gould talked about the impact the COVID-19 pandemic has had on America’s workforce and why robust financial relief measures were needed.
C-SPAN Washington Journal
December 15, 2020
Amid these strains, some teachers are considering leaving their posts. Already, schools across the nation were facing a shortage of teachers. The Economic Policy institute predicted that the teacher shortage would exceed 110,000 in the school year of 2017 and 2018. But now, 27% teachers are considering quitting, retiring early, or taking a leave of absence, the survey found.
Business Insider
December 15, 2020
The average credit-card holding household in America has a little over $8,000 in credit card debt. Meanwhile, the Economic Policy Institute estimates that the average wage worker is making about $40,000 a year. That puts the average household credit card debt at nearly a quarter of many household’s annual income after taxes.
MadameNoire
December 15, 2020
According to the Economic Policy Institute, reinstating the unemployment insurance programs would add more than 5 million jobs and raise the United States’ GDP by 3.5%. Given the fact that we are still 10 million jobs below where we were a year ago, we cannot understand any hesitancy about making this move.
The State Journal
December 15, 2020
Biden’s plan to more than double the minimum wage is part of an ambitious effort to lift a wage that has remained at $7.25 since 2009, up from $5.15 as of 2000, according to the U.S. Department of Labor data compiled by S&P Global Market Intelligence. However, 29 states and Washington, D.C., already have minimum wages that exceed the federal minimum, according to the Economic Policy Institute.
S&P Global
December 15, 2020
Wages for the bottom 90 percent of earners are being gobbled up by the top 10 percent of earners—with the top One Percent and top One-tenth of One Percent of earners reaping huge financial bonanzas, according to the Economic Policy Institute, which analyzed federal government data.
The Final Call
December 15, 2020
Here’s a look at the minimum wage and its scheduled increases in Nevada and surrounding coastal and intermountain states, as compiled by the Economic Policy Institute’s Minimum Wage Tracker.
Nevada Current
December 15, 2020
As everyone from the left-leaning Economic Policy Institute to the chief economist at Moody’s Analytics has argued, these and other policies that put spending money into the pockets of poor and other working people would be a boon for the economy. It’s why even Forbes magazine — which spent the Great Recession making the case against unemployment insurance — championed extending the unusually generous unemployment program this time around.
Jacobin
December 15, 2020
Many left-leaning economists would prefer Congress renew the federal unemployment benefit at $600 a week. But Heidi Shierholz, a senior economist and the director of policy at the Economic Policy Institute, says $300 weekly payments are “infinitely better than nothing. … There’s no question it would lift a huge number of people out of poverty.”
Washington Post
December 15, 2020
To be clear, there’s little that the Biden administration can do administratively that would have the same impact on the economy as a stimulus package, says Heidi Shierholz, senior economist at the Economic Policy Institute. But the administration can set in motion changes—on worker protections, student debt, the Federal Reserve’s lending to state and local governments, and more—that could “lead to a more equitable economy,” Shierholz says, boosting consumer spending and hopefully giving the overall economy “a shot in the arm.” Here are a few of the options in Biden’s toolbox, according to economists:
Mother Jones
December 15, 2020
Many economists, however, say workers need more pay to make it through the crisis, and delaying wage increases will only cause more economic damage.
Here & Now‘s Tonya Mosley speaks with Karen Harned, executive director of the National Federation of Independent Business Small Business Legal Center, and Ben Zipperer, an economist at the Economic Policy Institute.
WBUR Here and Now
December 15, 2020
Economic Policy Institute senior economist Elise Gould talked about the impact the COVID-19 pandemic has had on America’s workforce and why robust financial relief measures were needed.
C-SPAN Washington Journal
December 15, 2020
Amid these strains, some teachers are considering leaving their posts. Already, schools across the nation were facing a shortage of teachers. The Economic Policy institute predicted that the teacher shortage would exceed 110,000 in the school year of 2017 and 2018. But now, 27% teachers are considering quitting, retiring early, or taking a leave of absence, the survey found.
Business Insider
December 15, 2020
The average credit-card holding household in America has a little over $8,000 in credit card debt. Meanwhile, the Economic Policy Institute estimates that the average wage worker is making about $40,000 a year. That puts the average household credit card debt at nearly a quarter of many household’s annual income after taxes.
MadameNoire
December 15, 2020
According to the Economic Policy Institute, reinstating the unemployment insurance programs would add more than 5 million jobs and raise the United States’ GDP by 3.5%. Given the fact that we are still 10 million jobs below where we were a year ago, we cannot understand any hesitancy about making this move.
The State Journal
December 15, 2020
Biden’s plan to more than double the minimum wage is part of an ambitious effort to lift a wage that has remained at $7.25 since 2009, up from $5.15 as of 2000, according to the U.S. Department of Labor data compiled by S&P Global Market Intelligence. However, 29 states and Washington, D.C., already have minimum wages that exceed the federal minimum, according to the Economic Policy Institute.
S&P Global
December 15, 2020
Wages for the bottom 90 percent of earners are being gobbled up by the top 10 percent of earners—with the top One Percent and top One-tenth of One Percent of earners reaping huge financial bonanzas, according to the Economic Policy Institute, which analyzed federal government data.
The Final Call
December 15, 2020
Here’s a look at the minimum wage and its scheduled increases in Nevada and surrounding coastal and intermountain states, as compiled by the Economic Policy Institute’s Minimum Wage Tracker.
Nevada Current
December 15, 2020
As everyone from the left-leaning Economic Policy Institute to the chief economist at Moody’s Analytics has argued, these and other policies that put spending money into the pockets of poor and other working people would be a boon for the economy. It’s why even Forbes magazine — which spent the Great Recession making the case against unemployment insurance — championed extending the unusually generous unemployment program this time around.
Jacobin
December 15, 2020