“Weak recoveries churn out racial inequality and lost opportunity,” said Heidi Shierholz, president of the Economic Policy Institute, a left-leaning think tank.
The Washington Post
April 14, 2023
In Georgia, the unemployment rate for Black workers is also higher than the overall rate. In the fourth quarter of 2022, the most recent figures available, the Black unemployment rate in Georgia was 5.1% according to an analysis by the Economic Policy Institute, a liberal think tank that specializes in labor and wage issues, better than the national rate at the time. The jobless rate for all Georgians was 3.1% at the end of the year.
The Atlanta Journal Constitution
April 14, 2023
“The top 30 H-1B employers hired 34,000 new H-1B workers in 2022 and laid off at least 85,000 workers in 2022 and early 2023,” said an April 11 report by the left-wing Economic Policy Institute (EPI).
Breitbart
April 14, 2023
Quite the contrary. Despite employers’ claims that the H-2A program is too “expensive” and “bureaucratically complex,” the Economic Policy Institute (EPI) reports that American employers prefer to utilize the H-2A program over hiring U.S. workers because they see foreign workers as “exploitable.” The H-2A program has exploded over the last decade, but increased growth has not translated to increased resources to the DOL, the agency primarily responsible for overseeing the program. According to EPI, the government’s woefully inadequate oversight allows “frequent and extreme” violators of H-2A regulations to continue hiring guest workers with impunity.
Prism Reports
April 14, 2023
Features interview with Heidi Shierholz.
Bloomberg TV
April 14, 2023
Employers spend over $400 million per year in “union avoidance” consultants, according to a recent study of US Department of Labor data by the left-leaning Economic Policy Institute. But the figure may actually be higher, as Amazon disclosed March 31 that it spent over $14 million in 2022 alone on such expenses, and Starbucks—which also is experiencing high organizing activity—has yet to reveal how much it spends on consultants.
Bloomberg Law
April 14, 2023
A 2021 report by the Economic Policy Institute think tank reported that the decline in unionization has translated to a loss of earnings equivalent to $3,250 for a median full time worker.
VICE
April 14, 2023
Workers’ wages have lagged productivity for decades, as the Economic Policy Institute has faithfully reported. This is because employers have power to set wages. They aren’t the passive agents you learned about in baby economics class operating on a knife edge to keep prices at a minimum and forced to pay market wages.
Forbes
April 14, 2023
But to lure them back employers had to increase wages, even after Covid benefits had expired. Why was this so? Writing in The American Prospect in January, Josh Bivens of the nonprofit Economic Policy Institute suggested that a major driver was something he called “severed monopsony.” Monopsony is the tendency of monopoly (in practice, oligopolies) to drive down prices by reducing competition for workers.
New Republic
April 14, 2023
The speed and scope of the recovery is due to many factors, but chiefly to the stimulus Biden and Democrats in Congress pushed through in the spring of 2021. Progressive economists at the Economic Policy Institute and elsewhere had warned during Obama’s first term that the 2009 stimulus was woefully inadequate to the task of restoring the economy. Fortunately, a critical mass of President Biden’s economic advisers, unlike Obama’s, came from those very same progressive circles that had predicted the molasses-slow pace of the post–Great Recession recovery.
American Prospect
April 14, 2023