“While the stock market isn’t the economy, the stock market declines we have seen in recent weeks are genuinely worrying,” wrote Bivens, the chief economist at the Economic Policy Institute. “They are a symptom of much larger dysfunctional macroeconomic policy that will likely soon start showing up in higher unemployment and slower wage growth for the vast majority.”
AlterNet
April 7, 2025
Many tradesmen whom Whelan had known for years left the industry, and when residential building recovered in the 2010s, few of them returned. The financial incentive just wasn’t there anymore. In 2014, the Economic Policy Institute found that the real hourly wages of residential building workers remained 4.2 percent below their 2009 levels — even though wages in the rest of the private sector had largely recovered.
New York Times
April 7, 2025
Child care can be more expensive than rent and in-state college tuition in many states. (Updated resource calculates the cost of child care in every state. Economic Policy Institute. March 5, 2025.)
Parents Magazine
April 7, 2025
Live interview with Valerie on the economy/tariffs, recessions, and the impact on communities of color.
CNN
April 7, 2025
The Economic Policy Institute argues that the bill is nothing more than a gimmick aimed to favor high earners and employers who can game the system. According to the Yale Budget Lab, the No Tax on Overtime Bill could cost $866 billion over the decade and may increase to $1.3 trillion if payroll taxes are also included. That’s a hefty price tag the Federal government will have to pay in the end.
HR Digest
April 7, 2025
Citing an article by the Economic Policy Institute, the White House says “The tariffs implemented by President Trump during his first term ‘clearly show[ed] no correlation with inflation’ and had only a fleeting effect on overall prices.”
It’s a mistake to confuse price increases for tariffed goods with inflation, which refers to overall price level increases. The 2018-2019 tariffs applied to imports worth less than 2 percent of U.S. gross domestic product and were phased in gradually. No, the tariffs did not drive overall inflation, as they were not large or disruptive enough to do so, but the tariffs clearly raised import prices and led to higher prices for domestic alternatives, which hurt Americans.
Reason
April 7, 2025
Investopedia
April 7, 2025
Since OSHA’s establishment in 1970, the agency has helped dramatically improve workplace safety. That year, roughly 14,000 workers died on the job, per the Economic Policy Institute. By 2022, that number dropped to 5,486, even as the American workforce grew, according to the most recent Bureau of Labor Statistics data.
Construction Dive
April 7, 2025
The escalating costs of child care have become a significant barrier for many families, often consuming a substantial portion of household income. According to the Economic Policy Institute, the average annual cost of full-time child care in Florida for a four-year-old is $7,287.
Sarasota Herald Tribune
April 7, 2025
Today’s conditions are a “perfect storm” for a recession, said Adam Hersh, senior economist at the Economic Policy Institute, a liberal-leaning think tank. “We’re going to have a supply-and-demand shock. The supply shock is going to be coming from these unprecedented, broad-based tariffs, as well as the mass-deportation policy as that progresses. The demand shock is going to be coming both from those two things, as well as the contraction in government spending and the government layoffs that are unfolding.”
MarketWatch
April 7, 2025