In April 2020, the national unemployment rate reached its highest level on record. And the Economic Policy Institute (EPI) reports that as of October 2021, nearly 17 million workers had suffered some sort of economic setback resulting from the pandemic.
The Motley Fool
December 13, 2021
China flexed its economic muscles and used the WTO to its advantage, engaging in currency manipulation and using state subsidies to bolster its manufacturing sector, say critics. That’s given Beijing an unfair competitive edge, and has harmed U.S. industry. An analysis by the nonprofit Economic Policy Institute in January 2020 estimated that the U.S. trade deficit with China resulted in the loss of 3.7 million jobs from 2001-2018.
Politico
December 13, 2021
“Job openings and hires rose, as quits ticked down,” said Elise Gould, senior economist at the Economic Policy Institute.
Marketplace
December 13, 2021
According to the Economic Policy Institute, HCL Technologies “appear to have been underpaid by at least $95 million.” Its analysis is based on a review of an internal HCL document that came to light as part of a “whistleblower lawsuit” against the firm, EPI added.
WRAL TechWire
December 13, 2021
Our friends over at the Economic Policy Institute view the November numbers as a temporary blip, and project that the economy is on track to add a total of well over 6.5 million jobs by the end of 2021 and a full recovery by the end of 2022. That’s also a credit to the Biden program.
The American Prospect
December 13, 2021
But even with a smaller-than-expected number for November, job gains this year have totaled more than 6 million, “putting us well on track for a full recovery by the end of 2022,” according to Elise Gould, senior economist at the Economic Policy Institute
CNN Business
December 13, 2021
“The pace of recovery is still uneven. This was one month where we did see a significant drop in unemployment rates for Black women in particular,” said Valerie Wilson, a director at the Economic Policy Institute. “Otherwise, we continue to see the known and established disparities in unemployment rates.”
CNBC
December 13, 2021
The widening gap is due largely to a kind of arms race between companies, which each believe “that their CEO should be compensated above average,” according to a CNBC interview with Lawrence Mishel, a distinguished fellow at the Economic Policy Institute. The practice ramped up in the 1990s, he told the outlet.
HR Dive
December 13, 2021
A new report by the prominent think tank Economic Policy Institute alleges that thousands of migrant IT workers on the H-1B visa program for high-skilled workers have been underpaid by a combined total of at least $95 million annually.
Vice News
December 13, 2021
“It is surprising to me there’s so little attention to very low unemployment, very historically low Black unemployment, very little receipt of unemployment insurance, unprecedented growth of jobs,” said Larry Mishel, an economist at the Economic Policy Institute, a left-leaning think tank.
New York Times
December 13, 2021
Employees may eventually regain some benefits from inflation, as supply-chain shortages that helped drive up prices ease, according to Josh Bivens, the director of research at the Economic Policy Institute. “We have gotten a lot of jobs back,” Bivens told DealBook. By next year, he says, “we will have the good parts of the employment market still working, and the bad parts of the supply chain worked out.”
New York Times
December 13, 2021
I talked to Elise Gould, a senior economist at the Economic Policy Institute, about what we do and do not learn from these reports.
CNN
December 13, 2021
Lawrence Mishel, a distinguished fellow at the Economic Policy Institute, says, “There’s a lot of reasons to think that inflation is transitory. It doesn’t mean it’s going to be two months, it could be a year, but it’s not going to be, you know, 4 or 5% a year for the next five years.”
CNBC
December 13, 2021
WASHINGTON —The U.S. unemployment rate dropped 0.4% in November, to 4.2%, the Bureau of Labor Statistics reported. But BLS, the Economic Policy Institute, and the Institute for Women’s Policy Research all noted mixed numbers behind that positive decline.
People’s World
December 10, 2021
WASHINGTON —The U.S. unemployment rate dropped 0.4% in November, to 4.2%, the Bureau of Labor Statistics reported. But BLS, the Economic Policy Institute, and the Institute for Women’s Policy Research all noted mixed numbers behind that positive decline.
People’s World
December 10, 2021
Keep in mind, this is just talking about doctors. The pay gap exists for other medical professions too, such as nurses. Female nurses made nearly 8% less than male nurses, according to research from the Economic Policy Institute, a left-leaning think tank.
MarketWatch
December 9, 2021
As unemployment rates spiked during the pandemic, states turned to federal loans to fund their unemployment insurance programs. Researchers at the Economic Policy Institute (EPI) have found that 16 states have used ARP funds to pay off these debts, after 23 states had already used CARES Act funds to bolster their unemployment insurance trust funds. Overall, 33 states from Texas to Connecticut have used federal COVID relief funds to pay off unemployment insurance trust fund debts.
American Prospect
December 9, 2021
According to the Economic Policy Institute, HCL Technologies “appear to have been underpaid by at least $95 million.” Its analysis is based on a review of an internal HCL document that came to light as part of a “whistleblower lawsuit” against the firm, EPI added.
WRAL TechWire
December 9, 2021
Our friends over at the Economic Policy Institute view the November numbers as a temporary blip, and project that the economy is on track to add a total of well over 6.5 million jobs by the end of 2021 and a full recovery by the end of 2022. That’s also a credit to the Biden program.
The American Prospect
December 9, 2021
Struggling to pay bills is not surprising given that Seattle has the sixth highest cost of living in the country and infant child care in Washington clocks in at a whopping $1,213 a month according to the Economic Policy Institute.
Seattle Times
December 3, 2021
The Economic Policy Institute warns this kind of shortage threatens students’ ability to learn, increases teacher turnovers and reduces effectiveness.
KX News
December 3, 2021
“The labor movement is the largest working women’s organization in the country. A lot of people don’t think of us in that way, but we represent six-and-a-half million women,” Shuler said.
The left-leaning Economic Policy Institute found that women in unions are paid more than their counterparts, and that collective bargaining helps close pay gaps for workers of color.
Business Insider
December 3, 2021
A 2019 analysis by the independent Economic Policy Institute in the United States argues the cost of the expansion of short-term rentals and Airbnbs outweighs the benefits for local jurisdictions and long-term residents.
Toronto Star
December 3, 2021
LaborPress
December 3, 2021
The pandemic forced a dramatic shift toward the purchase of physical goods and away from the purchase of face-to-face services. According to the Economic Policy Institute, that dynamic did not change — at least not enough — when the checks started arriving in March despite the millions of vaccinations that had been administered across the country.
GoBanking Rates
December 3, 2021
Consider the decades-long trend of widening income inequality in America. Until the 1960s, roughly 30% of U.S. workers were unionized and the top 10% of all earners in the country took home roughly 30% of all pay. By 2019, only 10% of workers were unionized, and the top 10% of all earners captured fully 46% of all pay. The results were especially crushing for men, who tended to be more unionized. For male workers, median yearly income declined by a stunning $5,171 in real terms over the decades from 1979 to 2019, per a study from the Economic Policy Institute.
Real Clear Politics
December 3, 2021
“One thing that has been so different in this period is that Congress has stepped up and actually done the things that needed to be done to put the economy back on track,” says Heidi Shierholz, president of the nonprofit Economic Policy Institute. “Nothing is perfect, but in broad strokes we got the policies right to set us up for a strong recovery, which is exactly what we’re seeing. We have just seen breathtakingly fast job growth.” Some of the handwringing over the Great Resignation, she says, glosses over the fact that hiring is on the upswing, and that Americans are returning to work: In October, employers added 531,000 jobs.
Fast Company
December 3, 2021
The United States urgently needs more high-quality jobs. While the tight labor market is pushing employers to increase wages across the private sector and unionized workers are increasingly leveraging their collective power to demand better work, these temporary pressures are not enough to overcome decades of wage stagnation and worsening work conditions. Recent analysis from the Economic Policy Institute finds that while net productivity grew by nearly 62 percent over the past four decades, average hourly pay for the typical worker increased by just 17.5 percent.
Center for American Progress
December 3, 2021
In the 10 most populous U.S. states, millions of low-wage workers are robbed of $8 billion a year by their employers — about a quarter of their wages — due to the failure to meet the minimum wages, according to a 2017 study by the left-leaning Economic Policy Institute.
The Hill
December 3, 2021