Suzy is right. The term “fiscal crisis,” which is getting used interchangeably with “fiscal cliff,” is confusing. “Fiscal slope” isn’t much better, and “fiscal obstacle course” is, with respect to my friends at EPI, absolutely not going to happen.
Washington Post
November 13, 2012
Data on unpaid internships are difficult to find, but surveys tell us that taking an unpaid internship doesn’t lead to better job placement than going straight into one’s first job. According to Ross Eisenbrey of the Economic Policy Institute, unpaid internships don’t lead to higher starting salaries, either. Instead of giving recent college grads a leg up, unpaid internships may put them at a disadvantage: Rather than hiring grads who have been trying to stay afloat during the recession, employers hire newer, more recent graduates.
The American Prospect
November 13, 2012
“There’s a lot of mobilization going on to try to prevent any cuts in social insurance benefits,” said Larry Mishel, president of the liberal Economic Policy Institute. “I’m hoping they don’t go back to what they were offering up in 2011.”
The Washington Post
November 13, 2012
But the case for NAFTA isn’t settled. A recent report by the left-leaning Economic Policy Institute found that the treaty has cost the U.S. jobs. The U.S.’ trade deficit with Mexico has cost the U.S. nearly 700,000 jobs as of 2010, according to the report.
The Huffington Post
November 13, 2012
According to the Economic Policy Institute, a non-profit, non-partisan think tank, this has historically been true. The higher number of African Americans working in public sector employment has meant higher rates of job loss due to the economic recession, the think tank reports.
US News and World Report
November 13, 2012
America has added 5 million jobs since February 2010, when employment hit its Great Recession low. But the nation still needs to add another 9 million jobs just to get back to pre-recession unemployment levels, according to data crunched by the Economic Policy Institute.
CNNMoney
November 13, 2012
Even as the labor market slowly improves, the prospects for young workers remain difficult. More than half of recent high school graduates are underemployed, as are nearly one in five recent college graduates, according to the Economic Policy Institute.
The Washington Post
November 9, 2012
“If you look at this out of context, it’s a solid report,” said Heidi Shierholz, a labor economist at the left-leaning Economic Policy Institute. “If you’re looking in the context of the recession, it’s not what we need to dig us out of this huge hole.”
She estimated that the United States needs to create 9 million jobs to fill in the shortfall created by the downturn, and that, at this rate, the nation would not return to pre-recession unemployment rates until 2020.
The Washington Post
November 5, 2012
“Employment growth has kicked up a notch,” said Heidi Shierholz, a labor economist at the Economic Policy Institute. Still, she noted, at a pace of 170,000 new jobs a month, the economy wouldn’t return to the pre-recession unemployment rate until the end of the decade.
“We need it to kick up a lot more notches,” she said.
Los Angeles Times
November 5, 2012
HEIDI SHIERHOLZ, ECONOMIST, ECONOMIC POLICY INST.: I think the key message there is that employment growth has been taken up a notch. Over
the last three months we’ve added 170,000 jobs on average. That’s a little bit better than what we’ve been seeing. That is enough over the long haul
to bring the unemployment rate down, but slowly.
Nightly Business Report
November 5, 2012