In an interview with The National News Desk on Friday, Josh Bivens, Chief Economist with the Economic Policy Institute, said,
I think what today’s numbers tell us is that so far, we still have pretty low unemployment. And we have a weird mixture of very low hiring, but very low layoffs. And it’s the layoffs which would trigger it increase in unemployment insurance applications. Those remain low.
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“I would say I’m going to bet inflation over this whole year is going to look closer to like the 3.5% range, which is a notable jump up and which will erase a lot of real income gains for a lot of Americans,” Bivens said.
Tripling Union membership could help address the nationwide cost of living crisis. This, according to a new report the Economic Policy Institute announced last week Wednesday Labour Radio’s Sean Hacker up has more at a webinar hosted on Wednesday afternoon, Economic Policy Institute Executive Vice President Naomi Walker opposed the question quote what would America look like if we tripled Union membership and at a virtual press conference held earlier that morning, the think Tank announced a new report that offers an answer to that question. In that world? This week’s EPI report finds nearly one in 3 people would be employed in a card carrying Union job the median worker would make over a quarter of a million dollars more during a 35 year career, racial and gender pay gaps would narrow social programs like public education and Medicaid could be expanded, and Democratic institutions would be less likely to be undermined.
The Economic Policy Institute reports the average annual cost of infant care in Massachusetts is $26,709.
Nationally, 14 million workers make less than $15 per hour and 20 million workers make less than $16, including overtime, tips and commissions, according to the Economic Policy Institute’s Low Wage Workforce Tracker.
By the mid-1990s, however, two economists at the Economic Policy Institute (EPI president Larry Mishel and Jared Bernstein, who went on to become chair of the president’s Council of Economic Advisers under Joe Biden) documented that around 1980, productivity continued its merry ascent while wages began lagging farther and farther behind.
A separate analysis by the Economic Policy Institute also found the hourly gap increasing, from 18% in 2024 to 18.6% in 2025.
Tripling Union membership could help address the nationwide cost of living crisis. This, according to a new report the Economic Policy Institute announced last week Wednesday Labour Radio’s Sean Hacker up has more at a webinar hosted on Wednesday afternoon, Economic Policy Institute Executive Vice President Naomi Walker opposed the question quote what would America look like if we tripled Union membership and at a virtual press conference held earlier that morning, the think Tank announced a new report that offers an answer to that question. In that world? This week’s EPI report finds nearly one in 3 people would be employed in a card carrying Union job the median worker would make over a quarter of a million dollars more during a 35 year career, racial and gender pay gaps would narrow social programs like public education and Medicaid could be expanded, and Democratic institutions would be less likely to be undermined.
Nationally, 14 million workers make less than $15 per hour and 20 million workers make less than $16, including overtime, tips and commissions, according to the Economic Policy Institute’s Low Wage Workforce Tracker.
The Economic Policy Institute reports the average annual cost of infant care in Massachusetts is $26,709.