The Economic Policy Institute found that 682,900 net jobs were lost to Mexico by 2010, and that 415,000 of these were in the manufacturing sector.
Fortune
June 16, 2015
The TPP does not stop participating countries from manipulating their currency. Currency manipulation artificially lowers the cost of U.S. imports and raises the cost of U.S. exports, which some, like the Economic Policy Institute, say is what has led to the high U.S. trade imbalance.
CBS News
June 16, 2015
In cities like Chicago and Detroit, public housing “became a black program,” says the Economic Policy Institute’s Richard Rothstein, “because the Federal Housing Administration created a different program for whites, which was a single-family suburban program.”
The Washington Post
June 15, 2015
A 2015 report by the Economic Policy Institute found that more than 30% of working Americans experience significant spikes and dips in their incomes, and the lowest income workers tend to be the most adversely affected. A report published by the JPMorgan Chase Institute this year called on government and corporations to develop tools that could help people manage their bottom line.
Los Angeles Times
June 15, 2015
Immigration researcher Daniel Costa said laws stipulate H-1B workers must be paid either a legally defined prevailing wage or the same wage as others doing similar work at the company.
Wall Street Journal
June 15, 2015
Corporate lobbyists have convinced legislators of both parties that America needs more guest workers in high-tech jobs. Leading the charge in Congress to do their bidding is Utah Sen. Orrin Hatch, who has introduced legislation to double or triple the number of non-immigrant tech workers who can be hired annually on H-1B visas. But his proposal won’t fix the H-1B program’s flaws, which allow American and foreign workers alike to be exploited and underpaid.
A program that brings skilled, smart people from abroad to work in the United States can be a very good thing — but only if it’s done fairly, and after giving U.S. workers a chance to be hired. Sen. Ben Nelson, D-Fla., wrote recently that the H-1B program “was created to help fill jobs when there were labor shortages, not to take jobs away from anyone.” The reality is that employers aren’t required to search for or offer jobs to U.S. workers first, and the H-1B program has been used repeatedly by corporations to fire and replace skilled and educated U.S. workers with cheaper, indentured, temporary foreign workers. This is done to increase corporate profits, but it’s at the expense of the livelihoods of thousands of American workers.
Salt Lake Tribune
June 15, 2015
Looking at manufacturing workers displaced between 2011 and 2013 who have since found new jobs and reported their earnings, 57 percent are earning less than they were before losing their jobs, according to an Economic Policy Institute analysis of data from the Bureau of Labor Statistics. Although not all of those displaced manufacturing workers lost their jobs due to trade, Josh Bivens, research and policy director at the Economic Policy Institute, said they are a reliable proxy for trade-induced job losses.
Huffington Post
June 15, 2015
Elise Gould, an economist with the Economic Policy Institute, a policy research group in Washington, D.C., said the low participation rate can be attributed in part to demographic changes, such as retiring baby boomers. But even when the focus is just on workers between 24 and 54 — the age that most people are working — the labor force participation rate was 81 percent last month, down from just over 87 percent in 2007. Ms. Gould said that’s a sign of continuing economic weakness long after the recession officially ended. “It’s actually quite stunning,” she said. Both Ms. Gould and Michael Montgomery, an economist for IHS Global Insight in Lexington, Mass., expect more people to get work as the economy improves.
Pittsburgh Post Gazette
June 15, 2015
This country has a long history of neighborhood segregation, which led to widespread economic and housing discrimination. Inequality in environment, health, and education came with it. More integration in neighborhoods doesn’t mean an end to discrimination, though. Richard Rothstein of the Economic Policy Institute adds a major caveat to this data: “In 1940, the average black lived in a neighborhood that was 40 percent white. In 1950, it fell to 35 percent—where it remains today. This average, of course, aggregates data from many neighborhoods where blacks have virtually no exposure to whites, and others where integration is advanced. Nonetheless, by this measure there has been no progress in reducing segregation for the last 60 years.”
National Journal
June 15, 2015
In a New York Times Op-Ed article, Lawrence Mishel, the president of the left-leaning Economic Policy Institute, called the decline of union bargaining power in the United States “the single largest factor suppressing wage growth for middle-wage workers over the last few decades.”
The New York Times Magazine
June 12, 2015