Some experts and investors think the Fed has already done enough to keep annual inflation moving down to its target of 2 percent and should be careful about weighing down the economy with even higher rates. “I think there is all the room in the world for the Fed to really reduce its pace of interest rate increases. Honestly, I’d go to zero,” said Josh Bivens, research director at the Economic Policy Institute, a left-leaning think tank.
The Hill
January 27, 2023
According to one estimate from the nonprofit think tank Economic Policy Institute, reported and unreported wage theft could amount to as much as $50 billion per year owed to workers.
CBS
January 27, 2023
But the prices are burdensome for most and impossible for many. The average price for infant care in the state is $9,480 per year — 29% higher than in-state college tuition, the Economic Policy Institute estimates. Average care for a 4-year-old costs $8,113 per year.
North Carolina Health News
January 27, 2023
Last fall, the Economic Policy Institute performed an analysis of teacher pay trends from 1970 to 2021, and found that teachers earn 23.5% less on average compared to their peers of similar educational backgrounds. Sherratt also said that 62% of parents surveyed in a PDK poll on public schools last year said they did not want their child to go into teaching, with low pay the top-listed reason.
Nevada Current
January 27, 2023
They are hired by Silicon Valley companies out of U.S. universities, a point made by Lofgren and Eshoo. Visa workers are also hired by outsourcing companies to help facilitate the transfer of work overseas, resulting in job losses of U.S. workers. And these companies are major users of the H-1B visa, according to an Economic Policy Institute (EPI) study last year.
Tech Target
January 27, 2023
Despite being optimistic about the future of the U.S. labor market, Elise Gould, an economist at the Washington-based non-profit the Economic Policy Institute (EPI), told Newsweek she’s concerned about workers in the public sector.
“Many public sector jobs simply have not returned [after the pandemic] and have not seen the same kinds of gains [as other sectors],” she said, mentioning jobs in education, and local- and state-level roles. “The private sector has had a much more substantial bounce back in the recovery than the public sector has.”
Newsweek
January 27, 2023
The debt ceiling, an arbitrary, purely political limit on federal … back by five to six years, according to the Economic Policy Institute. (paywall).
MarketWatch
January 27, 2023
Of course, education and skill development are essential components of sound policy, and several of the EDQ articles suggest how to improve it. But in the real economy, experts like those at the Economic Policy Institute show our policy bias towards individualized and company-focused approaches hasn’t led to shared prosperity.
Forbes
January 27, 2023
But in their analysis of the data, researchers at the Economic Policy Institute (EPI) explain why the new data, taken as a whole, are less than encouraging. For one thing, the economy added nonunion jobs at a greater rate than unionized ones, so the overall share of workers with union membership actually declined very slightly from 11.6 percent to 11.3 percent. Also, the raw numbers, though not insubstantial, were driven in part by unusually strong job growth that won’t necessarily persist into the coming years. Still, seen in relation to other developments such as the fifty-year high in public support for unions registered by Gallup in 2021, the data offers some evidence that a nascent fightback against the long-term decline of unionized work has begun.
Jacobin
January 27, 2023
Across the U.S., union interest is high, according to an analysis by the Economic Policy Institute, a pro-labor think tank, using data from BLS and the National Labor Relations Board. It cited a 53% increase in union election petitions from October 2021 to September 2022.
Philadelphia Inquirer
January 27, 2023