The Economic Policy Institute said in 2013 that some 700,000 jobs had been lost as production moved to Mexico – with California, Texas, and Michigan among the worst hit states.
Al Jazeera America
August 16, 2017
There is no doubt Trump’s base is predominantly white and, generally speaking, it is hurting. Take college and jobs, for instance: according to the Economic Policy Institute, the earnings gap between those with and without a college degree is the widest ever recorded.
The Guardian
August 16, 2017
“I wouldn’t be surprised if we saw 200,000 jobs certified this year,” said Daniel Costa, director of immigration law and policy research at the Economic Policy Institute. The lack of growth in the undocumented immigrant population, coupled with “open questions” about the Trump administration’s enforcement tactics, could cause the program to grow even more, he told Bloomberg BNA Aug. 10. (Daniel quoted throughout)
Bloomberg BNA
August 15, 2017
Also, Black women who are married with children, typically work 200 hours more than white and Hispanic women. In a 2015 study by Economic Policy Institute, data shows that married Black women with children, worked 339 more hours than Black single mothers and 132 more hours than childless, non-elderly Black women. What this shows us is that even when tasked with more responsibilities, Black women continue to show up and work hard despite the circumstances. (Blog cited throughout)
Her Agenda
August 15, 2017
When the federal government aided home buyers with the National Housing Act of 1934, which insured private mortgages, it might also have warded off housing segregation and helped blacks purchase homes. Instead, it supported racist covenants and typically denied mortgages to blacks. This legacy persists. The median household wealth for white families, which consists primarily of equity in housing, stands today at $134,230, according to the Economic Policy Institute. But for African-American families, it is just $11,030.
The New York Times
August 14, 2017
About 14 million American jobs depend on trade with Canada and Mexico, according to the U.S. Chamber of Commerce, a business advocacy group. But roughly 800,000 jobs were lost to Mexico between 1997 and 2013, to the Economic Policy Institute, a research group.
CNN Money
August 14, 2017
But Robert Scott, senior economist of the left-leaning Economic Policy Institute, estimates that the U.S. lost more than 670,000 jobs as a direct result of NAFTA between 1993 and 2010. However, he said the U.S. lost more than 3.2 million U.S. jobs due to outsourcing to China over roughly the same period.
Detroit Free Press
August 14, 2017
A new analysis by the Economic Policy Institute (EPI) finds, however, that this “talking point” is “misleading because what corporations actually pay (their effective rate) is far lower” than the statutory rate of 35 percent. By taking advantage of various loopholes and tax avoidance strategies, EPI’s Hunter Blair notes, American corporations are able to pay far less than what they owe, thus drastically reducing government revenue and bolstering their bottom lines. (whole story)
Common Dreams
August 14, 2017
The biggest loophole in the U.S. tax code allows U.S. corporations to defer tax payments indefinitely on profits they earn overseas, according to research published on Thursday by the Economic Policy Institute (EPI). The researchers found that the effective U.S. corporate tax rate ranges between 13% and 19%. The CBO also noted that other tax preferences in the federal tax code that are not included in its analysis “would lower that tax rate even more.” EPI notes that genuine tax reform would “close the deferral loophole and ensure that large multinational corporations cannot continue to dodge the taxes they owe.” The most recent tax reform proposal presented by congressional Republicans, however, creates a territorial tax system under which only local income is taxed and the federal government “would no longer tax multinational corporations’ offshore profits at all.” A territorial tax system would make permanent the current deferral loophole according to EPI:
Wall St. 24/7
August 14, 2017
“When businesses give this anecdotal evidence that they can’t find the workers they want, the first thing I would ask them is: Have you increased your pay?” says economist Elise Gould of the Economic Policy Institute, a liberal think tank. … Gould’s advice to businesses is to “be less picky” and, in some cases, to stop discriminating. She notes that the unemployment rate for black workers (7.3 percent) is still much higher than for whites (3.7 percent). There are people ready to work. The Washington Post’s Jennifer Contrera followed Donna Maria Osborne, a 59-year-old African-American woman in Washington, to a recent job fair. Despite years of experience as an administrative assistant, she was routinely told she wasn’t what employers were looking for. “I think it’s my age,” she says.
The Washington Post
August 9, 2017