Among the Bureau of Labor Statistics’ findings for the month was also the market’s historically low unemployment rate of 3.4% or 5.7 million people. That’s the lowest it’s been since 1969. The rate “continues to show the we have an especially tight labor market,” says Ben Zipperer, economist at the Economic Policy Institute, meaning one in which workers have a lot of opportunities.
CNBC
February 10, 2023
“Inflation has been quite high over the last year and that has eaten away at many paychecks, says Elise Gould, senior economist at the Economic Policy Institute. “But if we look more recently though, there is a bit of a more nuanced story.”
Fast Company
February 10, 2023
According to the Economic Policy Institute (EPI), employers were charged with breaking the law in 39 percent of union elections filed with the National Labor Relations Board (NLRB) between 2019 and 2022.
Truthout
February 7, 2023
According to a 2018 study for the Economic Policy Institute by Alexander J.S. Colvin, just 2 percent of workers were contractually subjected to forced arbitration in 1992. By 2018, however, that number had risen to 56.2 percent of private-sector non-union workers, or roughly 60 million.
The American Prospect
February 3, 2023
Economic Policy Institute President Heidi Shierholz said noncompete contracts are typically used to keep workers from a source of power: quitting and taking another job.
Shierholz said because noncompete contracts prevent people from resigning to work elsewhere, they keep wages low and contribute to a mismatch in the labor market.
“Noncompetes keep people locked in jobs that aren’t necessarily the best job for them,” Shierholz said. “Our whole economy works better when there are good matches between jobs and workers.”
Spartan Newsroom
February 3, 2023
“The labor market is pretty strong,” said Elise Gould, senior economist at the left-leaning nonprofit Economic Policy Institute, in an interview in advance of Friday’s report. “The unemployment rate is low, and there are still people who have not returned to the labor market after the pandemic, so we can expect the labor force can grow. But we’ve had an incredible couple of years of recovery.”
NBC News
February 3, 2023
Kailey Leinz & Kriti Gupta bring you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street and tackles credit card earnings, a possible trillion-dollar coin and labor strikes Guests Today: Mark Lehmann of JMP Securities, Kayla Bruun of Morning Consult, Kristin Johnson of the Commodity Futures Trading Commission, Lisa Ellis of SVB MoffettNathanson, Steve Chiavarone of Federated Hermes, Stacy Rasgon of Bernstein Research, Stephen Schork of the Schork Group, Jennifer Sherer of the Economic Policy Institute (Source: Bloomberg)
Bloomberg TV
February 3, 2023
Conversations about domestic labor—cleaning, child rearing, cooking—carry a lot of emotional baggage and inherently have a racial dimension. In an online sphere dominated by the voices of lily-white momfluencers, it only makes sense that women of color—who, according to the Economic Policy Institute, make up a disproportionate share of domestic workers—would be uninterested in, or resentful of, white women’s opinions on a Japanese woman’s choices.
Jezebel
February 3, 2023
CEOs still aren’t exactly hurting. The heads of the biggest US companies made 399 times more than the average worker in 2021, according to the Economic Policy Institute, an almost 20-fold increase in the pay ratio since 1965.—SK
Morning Brew
February 3, 2023