Elise Gould, senior economist for the Economic Policy Institute, said in a report following Friday’s announcement that she was “not particularly concerned about the uptick in unemployment” because of the other positive indicators like reports that wages are up, and increases in key sectors like health care and construction.
Military Times
September 5, 2023
The monthly unemployment data can be “notably volatile,” Elise Gould, an economist with the Economic Policy Institute wrote in commentary Friday.
“I’m hopeful that those upticks were statistical blips,” she wrote. “The unemployment drop was accompanied by an increase in employment, though participation softened as well.”
CNN Business
September 5, 2023
“I am relieved that the Black unemployment rate is coming down; it had been a little elevated a couple of months earlier,” said Elise Gould, senior economist at the Economic Policy Institute. “Hopefully that’s a positive trend.”
CNBC
September 5, 2023
Yet, while the workforce has grown over the last four decades, Wage and Hour’s team of investigators has shrunk from a high of 1,232 in 1978 to 810 at the end of last year, according to the Economic Policy Institute.
American Prospect
September 1, 2023
The push to strengthen the enforcement of labor laws comes on the heels of a push by lawmakers in some states to loosen child labor regulations amid high demand for workers. In the past two years, at least 10 states have introduced or passed laws that ease workplace protections for minors, according to a March report published by the Economic Policy Institute. Mississippi was not among those states.
Associated Press
September 1, 2023
Some experts speculate that the transition to EV could cause massive job losses. The Economic Policy Institute put out a report in September 2021 estimating that it could cost roughly 75,000 U.S. auto industry jobs by 2030, but could also create 150,000 if subsidies were provided to spur domestic production.
In These Times
September 1, 2023
Guests Today: Quincy Krosby of LPL Financial, Elise Gould of the Economic Policy Institute, Michael Lewis of Truist Securities, Steven Meier, New York City Retirement System CIO, Art Hogan of B. Riley Wealth, Kevin Kelly, Kelly ETFS CEO, Nancy Tengler of Laffer Tengler Investments, Alan Binder of Princeton University, Stacy Rasgon of Bernstein Research and Nick Bunker of Indeed.
Bloomberg TV
September 1, 2023
The Economic Policy Institute claims employers routinely underpay farm workers, but federal investigations into this problem have dropped to an all-time low thanks to funding and staffing constraints.
Since 2000, the Labor Department’s Wage and Hour Division, with only 810 investigators to protect 165 million workers, has seen investigations drop by more than 60%.
Agribusiness
September 1, 2023
As the Economic Policy Institute has explained, the FLSA mandates that the DOL set the salary level below which workers qualify for overtime pay –– a hugely important metric, because a too-low threshold that does not account for inflation contributes to wage stagnation for workers
On Labor
September 1, 2023
Under the proposed rules, 27% of full-time salaried workers would get overtime, the Department of Labor estimated.3 As of 2019, 15% were eligible, down from 60% in 1975, according to an analysis by the Economic Policy Institute, a progressive think tank.
Investopedia
September 1, 2023