The president of the Economic Policy Institute, Heidi Shierholz, who served in the Obama administration as chief economist at the Labor Department, wrote in 2019 that the Trump administration’s rule left millions of workers behind.
“At its heart, the Trump administration’s rule is based on the notion that someone making $35,568 a year is a well-paid executive who doesn’t need or deserve overtime protections,” Shierholz wrote. Rather than defend the Obama rule, “Trump has sided with the interests of corporate executives over those of working people.”
Politifact
August 26, 2024
Features TV interview with Heidi Shierholz.
ABC News
August 26, 2024
Meanwhile, Black women are more likely to be working than white, Asian, or Hispanic/Latino women, which suggests Black men could face a unique set of challenges in the labor market, Valerie Wilson, a labor economist and the director of the Economic Policy Institute’s program on race, ethnicity, and the economy, told Business Insider.
Holzer and Wilson shared why the employment gap between Black men and other groups persists, what’s driven progress in recent years, and what else can be done in the years to come.
Business Insider
August 26, 2024
Trump’s tariffs were in effect well before shockwaves from the COVID-19 pandemic caused inflation to soar. The Economic Policy Institute estimated in January 2022 — a time when inflation was still skyrocketing — that removing the tariffs would have offset no more than 7.2% of the run-up in consumer prices.
Yahoo Finance
August 26, 2024
Governments like manufacturing jobs because they have a strong halo effect. One manufacturing job creates an additional three to seven other jobs, according to numerous research and academic reports. The manufacturing multiplier —that is, how many jobs one manufacturing job creates—is one of the strongest of any sector, according to the Economic Policy Institute.
Barron’s
August 26, 2024
Michigan and Ohio are both relatively expensive places to raise children compared to the fastest growing states in the U.S. The average cost for infant care in Michigan is $10,881 or $905 per month, according to the Washington, D.C., think tank Economic Policy Institute. Infant care for one child in the state accounts for 19% of a median family’s income. Infant care costs $9,697 in Ohio, or about $808 per month.
Crain's Grand Rapids
August 26, 2024
Features TV interview with Heidi Shierholz.
ABC News
August 26, 2024
Meanwhile, Black women are more likely to be working than white, Asian, or Hispanic/Latino women, which suggests Black men could face a unique set of challenges in the labor market, Valerie Wilson, a labor economist and the director of the Economic Policy Institute’s program on race, ethnicity, and the economy, told Business Insider.
Holzer and Wilson shared why the employment gap between Black men and other groups persists, what’s driven progress in recent years, and what else can be done in the years to come.
Business Insider
August 26, 2024
Trump’s tariffs were in effect well before shockwaves from the COVID-19 pandemic caused inflation to soar. The Economic Policy Institute estimated in January 2022 — a time when inflation was still skyrocketing — that removing the tariffs would have offset no more than 7.2% of the run-up in consumer prices.
Yahoo Finance
August 26, 2024