Economists use an “employment multiplier” to calculate the number of indirect jobs supported by a worker, and according to the independent Economic Policy Institute, mining has an employment multiplier of 3.9, meaning this state’s 20,800 mining and logging jobs (piled together again for convenience’s sake) may support 81,120 other jobs, for a total of 101,920. That’s not inconsequential, but it’s also not 134,000.
LA Progressive
October 28, 2022
Nationwide, families spend an estimated $1 trillion in Social Security benefits each year, according to figures from the National Committee to Support and Preserve Medicare, while economists with the left-leaning Economic Policy Institute have argued expanding social security benefits by raising taxes on the rich could have an even more pronounced economic impact.
Newsweek
October 28, 2022
Mecklenburg is the most unequal county in North Carolina as the top 1% make more than 30 times the bottom 99%, data from the nonprofit Economic Policy Institute show.
WCNC Charlotte
October 28, 2022
While women in the Badger State are also concerned about the rising cost of groceries and gas prices, we know that issues like paid family and medical leave and child care are critical economic considerations for working Wisconsin families. Child care is expensive. The average cost for an infant to attend child care for one year is $12,567, or $1,047 per month, according to the Economic Policy Institute.
The Cap Times
October 28, 2022
Republicans are blaming Biden for inflation. But according to a recent analysis by the Economic Policy Institute, enormous corporate profits are behind 53% of the higher prices Americans are paying for gas, groceries and other essentials.
Boulder Weekly
October 28, 2022
“That’s where face-to-face services like hospitality start to take the hit,” said Josh Bivens, the research director at the left-leaning Economic Policy Institute. “Recessions can have big multiplier effects. Layoffs typically start in construction and then radiate onward, and things can get pretty bad if you have a big spiral.”
“It’s one of the reasons I’m so worried about the Fed potentially overshooting, that we just won’t do that much to help people since we’re told that helping people too generously is what got us into this mess,” said Bivens of the Economic Policy Institute. “I think that’s wrong, but I’m still totally worried about this dynamic.” Bivens also warned that if Republicans control Congress, it might be in their interest to prolong economic hardship ahead of the next presidential election.
VOX
October 28, 2022
Eight states and Washington, D.C., have workers’ rights units within their AG offices. Of those, six were started in the last five years, according to a report by the Economic Policy Institute. The units have taken on cases that helped workers gain safer conditions at work during the pandemic, recover stolen wages and argue against being as independent contractors instead of employees — which often denies them benefits and increases their income tax burden.
Houston Chronicle
October 28, 2022
The Virginia Mercury previously cited a 2019 analysis by the Economic Policy Institute that ranked Virginia last in the country in terms of the “teacher wage penalty,” referring to the gap in weekly salaries between teachers and other college-educated professionals. Business.org this year ranked Virginia 49th (behind Arizona and Washington, D.C.) when comparing the average salary of teachers to the average salary for all jobs in the state.
Pennsylvania Capital-Star
October 28, 2022
Economists use an “employment multiplier” to calculate the number of indirect jobs supported by a worker, and according to the independent Economic Policy Institute, mining has an employment multiplier of 3.9, meaning this state’s 20,800 mining and logging jobs (piled together again for convenience’s sake) may support 81,120 other jobs, for a total of 101,920. That’s not inconsequential, but it’s also not 134,000.
Capital and Main
October 28, 2022