Some data argues teachers should be looking to remain in unions. An August paper published by the Economic Policy Institute (EPI) says that as teachers’ stress levels rose due to the COVID-19 pandemic, the comfort of their unions were the best resource to alleviate them.
KATV
December 9, 2022
More than 90% of domestic workers are women, and about a third are foreign born, according to a recent report from the the Economic Policy Institute. In fact, domestic workers are “twice as likely” as other U.S. employees to come from another country, the EPI notes. Of the 2.2 million, the vast majority work as home health care aides. And more will be needed in the cities that will age the most by 2060.
24/7 Wall St.
December 9, 2022
Plus, hefty medical bills may be just the beginning, says Josh Bivens, director of research at the Economic Policy Institute.
“The poverty rate of people with disabilities is about two-and-a-half times as high as for others, and the share of those with disabilities who have medical debt is about five times as large as for others,” he tells CNBC Make It.
“There’s tons of uncertainty about the long-term health implications of Covid-19, but even a tiny bit of long-term illness/disability risk associated with Covid-19 will have big economic costs,” Bivens adds.
CNBC
December 9, 2022
A report last year by the Economic Policy Institute, a liberal think tank, estimated that the transition to electric vehicles could cost at least 75,000 U.S. auto industry jobs by 2030 if the government did not provide additional subsidies for domestic production, but could create 150,000 jobs if those subsidies were forthcoming.
…
Josh Bivens, an author of the Economic Policy Institute report, said in an interview that he was pleasantly surprised that the administration managed to pass strong incentives for domestic production of electric vehicles. But whether the incentives will lead to good jobs, he added, is an open question.
“There’s no real explicit subsidy or incentive to make these unionized or even high-wage,” Mr. Bivens said.
The New York Times
December 9, 2022
Trevor Noah cites EPI research showing that wage theft robs workers of $15 billion per year—more than car thefts, burglaries, and other larcenies combined.
The Daily Show
December 9, 2022
The debt ceiling limits how much the federal government can borrow to make those payments — which makes no economic sense, according to the Economic Policy Institute.
The Hill
December 9, 2022
If workers become more scarce, it “would give the workers that are in the labor market more bargaining power,” Elise Gould, a senior economist at the Economic Policy Institute, a left-leaning think tank, told Insider, “because they’ll have other outside options and employers won’t have as many outside options to find workers to replace them.”
Business Insider
December 9, 2022
Some 90% are women, just over half (51.3%) are Black, Hispanic or Asian American and Pacific Islander women, and about a third are immigrants, more than twice the number of other U.S. workers, according to a study conducted by the Economic Policy Institute and released last week. According to EPI, the median wage of a domestic worker is $13.79 per hour, much less than other workers (whose median wage is $21.76 per hour).
LA Progressive
December 9, 2022
Romaine Bostick & Katie Greifeld 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 ISM manufacturing data, China’s Covid pivot and credit Guests Today: Maria Vassalou of Goldman Sachs, Heidi Shierholz of Economic Policy Institute, Greg Sharenow of PIMCO, Richard Ramsden of Goldman Sachs, Mark Howard of BNP Paribas Americas, Lori Heinel of State Street Global Advisors, Dr. Sara Vakhshouri of SVB Energy International
Bloomberg TV
December 9, 2022
“All the things that come from having a better job; being a white-collar worker; having more education; having a higher income — all the benefits are far more likely to accrue to you because employers are going to do more to try to attract and retain you because they have to,” said Elise Gould, an economist at the Economic Policy Institute. “Without policymakers trying to level the playing field there, those [same] inequalities are going to persist.”
Politico
December 9, 2022