The 2% inflation target has been repeated so often by Fed officials and central bankers worldwide that it seems absolutely crucial to a healthy economy. But “the 2% inflation target, it’s relatively arbitrary,” said Josh Bivens, director of research at the Economic Policy Institute.
CNBC
February 24, 2023
As a share of the economy, the U.S. trade deficit in manufactured goods last year reached an all-time high of 4.7 percent. American companies bought $1.2 trillion more in manufactured goods than they sold to foreign customers, according to an analysis of U.S. government data by economist Rob Scott, a research associate at the Economic Policy Institute, a left-leaning nonprofit organization.
The Washington Post
February 24, 2023
But, “the 2% inflation target, it’s relatively arbitrary,” Josh Bivens, director of research at the Economic Policy Institute, told CNBC.
CNBC
February 24, 2023
Some workers are striking to improve the services they provide, said Jennifer Sherer at the Economic Policy Institute. When K-through-12 teachers in Columbus, Ohio, went on strike, “one of their demands was that the district invest equally across the school system upgrading facilities that were really affecting students’ learning conditions,” Sherer said.
Marketplace
February 24, 2023
“It’s really shameful that the level of fine is so low,” said Celine McNicholas, director of policy at the Economic Policy Institute, a research group that seeks to improve conditions for workers. “It’s not sufficiently toothy enough to prevent the use of child labor in the meatpacking industry.”
The New York Times
February 24, 2023
“It does take courage for any worker to go on strike, so the fact that we’re seeing an increase, compared to what we saw during the pandemic, is a win,” said Margaret Poydock, a policy analyst at the left-leaning Economic Policy Institute.
CBS News
February 24, 2023
Moreover, according to the Economic Policy Institute, it took more than a decade for Black and Asian households to recover their prerecession median incomes.
Fast Company
February 24, 2023
The Economic Policy Institute, a think tank in Washington, said in a statement that the UC strike, which took place across its 10-campus system, “has been described as the largest higher education strike in U.S. history.”
The Hill
February 24, 2023
According to a 2022 analysis from the Economic Policy Institute, the unemployment rate among Hispanic workers in Pennsylvania is 8.6% — which is the highest in the country.
WHYY
February 24, 2023
If Tesla did retaliate, it wouldn’t be the first. A new study from Economic Policy Institute found that employers in nearly 40 percent of union elections face charges of violating federal law. But remember that it is “charged” and not “found guilty of.” Undoubtedly, the union doesn’t file for every violation and doesn’t get every violation correct. How many violations actually occur isn’t clear, but it is clear that companies often act poorly when it comes to union drives.
Inc.
February 24, 2023