Many of the generous federal housing programs of the 20th century were for whites only — even in the North, as Richard Rothstein of the Economic Policy Institute has detailed. Through the Federal Housing Administration and other agencies, the United States government essentially ran a whites-only wealth creation program. Although this blatant discrimination has largely disappeared into history, it still has a large effect on family wealth, handed down from one generation to the next.
The New York Times
June 25, 2015
It’s difficult to know the exact number of misclassified workers nationwide, but state-level studies show that between 10 and 20 percent of employers misclassify at least one worker as an independent contractor, said a report published this month by the Economic Policy Institute, a labor-oriented think tank based in Washington.
The Chicago Tribune
June 25, 2015
But remember Ross Perot warning in the 1992 presidential debate of a “giant sucking sound” caused by American jobs heading south? He was right. The liberal Economic Policy Institute has estimated that NAFTA alone has cost the U.S. at least 700,000 jobs and “strengthened the ability of U.S. employers to force workers to accept lower wages and benefits.”
New York Observer
June 25, 2015
Recent Labor Department statistics by the Economic Policy Institute show that Americans with four-year college degrees make an astounding 98 percent more per hour on average, compared to those without a degree. In addition, many occupations that previously only required a high school diploma are now demanding a bachelor’s degree .
Education Week
June 25, 2015
While some government reports show that NAFTA had a minor impact on the U.S. economy, others point to the wipeout of manufacturing jobs. The Economic Policy Institute estimates nearly one million net jobs lost from NAFTA, and another 2.7 million lost since permanent normal trade relations (PNTR) were established with China.
The American Prospect
June 25, 2015
Critics on the left might disagree with Baird’s and Zelikow’s emphasis on a skills shortage. Paul Krugman last year called “the belief that America suffers from a severe ‘skills gap’ . . . a prime example of a zombie idea — an idea that should have been killed by evidence, but refuses to die.” He wrote, “If employers are really crying out for certain skills, they should be willing to offer higher wages to attract workers with those skills.” Lawrence Mishel of the Economic Policy Institute has worked to debunk the skills gap as “mythical.”
Bloomberg
June 25, 2015
Decades removed from Jim Crow, many minorities still live in segregated ghettos in inner-city neighborhoods throughout the country. A housing expert from the Economic Policy Institute joins Kathleen to talk about the explicit and racially driven policies at all levels of government that created today’s ghettos, a word he argues should not be avoided or sanitized.
Wisconsin Public Radio
June 25, 2015
There’s much national debate about what is a “living wage,” or enough money for a worker to make in order to make ends meet. Most retail workers already make more than the federal minimum wage but not much more. In fact, more than half of retail workers make $10 or less, according to David Cooper of The Economic Policy Institute.
Associated Press
June 24, 2015
But, David Cooper of the Economic Policy Institute said that wasn’t the case for DC. “DC raised its minimum wage to $9.50 in July of last year. Now, if you look at what has happened to employment in the District of Columbia since that time, from July of last year to April of this year, employment growth was about 1.5%. That’s relatively strong.” He admitted that while some local businesses had higher labor costs, there were also benefits for the bottom line. “When you raise the minimum wage, it tends to lead to lower turnover. Workers stick around longer. That actually means lower costs for businesses recruiting, training and hiring the workers. It also tends to lead to higher productivity,” said Cooper.
Voice of America
June 24, 2015
That was the average pay in the C-suite at the top 350 companies last year, on the rise since the Depression. Meanwhile, worker pay is remaining steady or even falling, according to the Economic Policy Institute study as reported by Mother Jones, meaning CEOs now make more than 300 times what workers in their respective fields earn.
Marketplace
June 24, 2015