Josh Bivens, chief economist at the Economic Policy Institute, also called for a pause, arguing Monday that the case for halting rate hikes was clear even before SVB failed earlier this month, given recent signs that inflation and wages are cooling substantially.
Common Dreams
March 24, 2023
Prop 22 was developed by gig corporations in response to the California’s legislature’s passage of Assembly Bill 5 in 2019, which gig companies were intensely opposed to. AB5 reclassified millions of workers in the state as employees under the “ABC” test. The Economic Policy Institute found that AB5 would protect workers from being misclassified as independent contractors and would specifically safeguard gig economy workers.
Truthout
March 24, 2023
There’s been a lot of movement already: U.S. workers are collectively 164% more productive at work than they were in 1948, according to a recent analysis by the nonpartisan Economic Policy Institute.
Herald Courier
March 24, 2023
The average cost per year in NC for infant care is just over $9,000 and for 4-year-old care just over $8,000 according to the Economic Policy Institute.
WITN
March 24, 2023
The candidate told blue-collar voters that globalists in both parties had not defended their interests as they pursued their neo-liberal economic policies. Accordingly, Trump made sweeping promises to bring back domestic manufacturing, end job outsourcing, and erect tariff barriers to protect American farmers from foreign competition.
Pittsburgh Post Gazette
March 24, 2023
Labor experts say one of the reasons that union popularity is not translating into union membership is corporate America’s willingness to fire union organizers with few deterrents for doing so. One out of every five union election campaigns involves a claim that a worker was fired in retaliation for union organizing, according to a 2019 report by the Economic Policy Institute (EPI).
The Guardian
March 24, 2023
People with good credit scores probably don’t have too much to worry about, said Josh Bivens, chief economist at the Economic Policy Institute. “The people who will be crowded out by that kind of tightening of credit standards are people with more marginal credit scores, people who have had trouble with debt in the past, people with low or erratic incomes,” he said.
Marketplace
March 24, 2023
In fact, the teacher pay gap “hit a record high in 2021, when the Economic Policy Institute reported that teachers were paid 23.5% less U.S. than professionals with similar education and experience.” Teachers have great benefits! Teachers pay higher health insurance premiums than other state and local employees in most states and there are districts in states like Oklahoma and California where teachers must pay for their own substitutes when they take an extended medical leave. The list goes on and on.
NPR
March 24, 2023
What’s more, after adjusting for inflation, the average teacher’s salary has stagnated since 1990. According to research from the Economic Policy Institute, that means teachers also earned 23.5% less than comparable college graduates in 2021. Even after factoring in other benefits, teacher compensation still lagged other college grads by roughly 14%.
NPR
March 24, 2023
“Fifteen dollars now is worth a lot less than I think advocates thought it would be when a lot of these bills were proposed and enacted,” Dave Cooper of the Economic Policy Institute said in an interview.
Politico
March 24, 2023