“Anything that in the very short run puts a lot of pressure on family budgets across the board will cause more stress and damage to low-income households because they just have less scope to absorb it,” said Josh Bivens, director of research for the Economic Policy Institute.
Bloomberg
November 19, 2021
“There’s very little anyone can do about the inflation that’s in the pipeline right now for the next two or three months,” Josh Bivens, the director of research for the Economic Policy Institute, a progressive think tank, told The Early, though he thinks it will start to dissipate next year. “It’s just a very difficult spot for them to be in.”
The Washington Post
November 19, 2021
Jones, who worked at the Economic Policy Institute before joining the administration, said, “That’s why I think we should not pump the brakes on the economy. It is much harder and it takes much, much longer — and we saw this after the great recession — to bring millions of people back into the labor market than it is to slow inflation.”
Bloomberg
November 19, 2021
All of these bills were written to funnel money to the parts of the country that were less educated, less affluent, left behind. Adam Hersh, a visiting economist at the Economic Policy Institute, projects that more than 80 percent of the new jobs created by the infrastructure plan will not require a college degree.
The New York Times
November 19, 2021
Moreover, income requirements for food assistance programs like SNAP are stringent and out of touch with modern living costs. In our state of Utah, a family of four must make less than $34,000 a year to be SNAP-eligible. Meanwhile, the Economic Policy Institute estimates such a family living in Salt Lake County needs an annual income more than double that for an adequate standard of living.
CNN
November 19, 2021
“Anything that in the very short run puts a lot of pressure on family budgets across the board will cause more stress and damage to low-income households because they just have less scope to absorb it,” said Josh Bivens, director of research for the Economic Policy Institute.
Bloomberg
November 19, 2021
Using different methodology, Adam Hersh, a visiting economist at the liberal Economic Policy Institute, recently calculated that over the first five years of implementation the infrastructure plan would create nearly 775,000 jobs annually, while the Build Back Better plan would add about another 2.3 million jobs a year. Hersh also projects that more than 80% of the infrastructure plan’s new jobs would not require college degrees, while non-college jobs would compose almost exactly four-fifths of those created by the broader plan.
CNN
November 19, 2021
Cites EPI research multiple times.
November 19, 2021
According to the Economic Policy Institute, the compensation for CEOs have grown by 1,322% since 1978. At the same time, the compensation for a typical worker has grown 18%. This kind of gap cannot be unnoticed and we should discuss why such inequality exists today.
Industry Week
November 18, 2021
The left-leaning Economic Policy Institute also criticized the study, suggesting that the data and methodology couldn’t distinguish between the effects of wage increases and other factors. It called the estimated job loss “implausibly large and well outside the range of existing research on the minimum wage.”
Minneapolis Star Tribune
November 12, 2021
Cites EPI study on CEO pay.
The Intercept
November 12, 2021
While business owners have been a strong focus in discussions of equity, workers can’t be left out, advocates say.
“In the most recent federal proposals, every single one of them has this explicit and worthwhile focus on equity for entrepreneurs and giving formerly incarcerated folks privileged access…to get into the business but no one has really said anything about standards to ensure cannabis jobs are good jobs,” says David Cooper, senior economic analyst at the think tank Economic Policy Institute.
That’s a problem because “the vast majority of people that are going to interact with this industry in terms of their career are going to be folks working rank-and-file,” Cooper says.
Cooper co-authored a report published in September exploring the importance of protecting job quality and workers’ collective bargaining rights in cannabis.
Santa Fe Reporter
November 12, 2021
Unionized workers during the pandemic have been able to secure enhanced safety measures, premium pay, and a say in the terms of any future furloughs or workshare arrangements, according to a report published last year by the Economic Policy Institute.
Workers covered by a union contract also earn on average 11.2 percent more in wages than their non-unionized peers in the same industry and with similar education and experience, the report found.
The Hill
November 12, 2021
“Health and safety concerns are still number one on people’s minds,” Elise Gould, senior economist at the Economic Policy Institute, told Yahoo Money. “More and more jobs are requiring showing up in person. That is still a major concern for many people who may live with vulnerable family members or have concerns about their own health.”
Yahoo Finance
November 12, 2021
Pelosi ought to be organizing economic history seminars for her caucus with people like Cecilia Rouse, Heather Boushey, and Jared Bernstein of the Council of Economic Advisers, and outside experts like Damon Silvers of the AFL-CIO and Heidi Shierholz of the Economic Policy Institute, and a whole bunch of people who can make sure that House Democrats know this history.
New Republic
November 12, 2021
More than half of all workers who vote to form a union are still without a collective bargaining agreement a year later, according to the Economic Policy Institute, a think tank.
Associated Press
November 12, 2021
“With these welcome gains on top of significant improvements early in the summer, the recovery appears to be getting back on track,” said Elise Gould, a senior economist at the Economic Policy Institute. “That said, significant job shortfalls remain, especially in leisure and hospitality as well as both private and public sector education employment.”
Sinclair Broadcast Group
November 12, 2021
”These are all policies that go straight at the problems that both workers and employers are confronting in the labor market today, and I think that’s something that lawmakers in Maine and throughout the country should really take note of,” said David Cooper, Economic Policy Institute.
Central Maine
November 12, 2021
Nationally, one in six Latino workers and one in five Black workers were able to work from home, compared with one in four white workers, according to David Cooper, director of the left-leaning, Washington, D.C.-based Economic Policy Institute’s Economic Analysis and Research Network.
Portland Press Herald
November 12, 2021
“Sources of outrage right now are not lacking,” Heidi Shierholz, president of Economic Policy Institute, told Recode. “It’s against the backdrop of your employer making all kinds of profits, and we’ve all just gone through total hell. I would guess it ups the outrage factor.”
VOX
November 12, 2021
“The last couple months were slower,” Elise Gould, a senior economist at the Economic Policy Institute, said of the restaurant labor market. “That’s very much delta-driven… many workers may be concerned about conditions and their own health and the health of their family members.”
Restaurant Dive
November 12, 2021
The left-leaning Economic Policy Institute also criticized the study, suggesting that the data and methodology couldn’t distinguish between the effects of wage increases and other factors. It called the estimated job loss “implausibly large and well outside the range of existing research on the minimum wage.”
StarTribune
November 12, 2021
The burst of the housing bubble that led into the Great Recession left low- and middle-income homeowners struggling. Households in the bottom four-fifths saw a 39% drop in net worth between 2007 and 2010, while the top 20% lost only 14% of net worth. Meanwhile, the top 1 percent of household income has grown 229% since 1979, according to the Economic Policy Institute. That is far greater than for the bottom 90% of households. Their growth was just 46%.
Caledonian Record
November 12, 2021
“It’s important to note that Black, Latinx, Native American and low-income workers generally are the least likely to have been in that third category of those able to work safely at home,” David Cooper, a director at the liberal Economic Policy Institute, said.
Bangor Daily News
November 12, 2021
Financial regulators are treading into matters related to environmental, social and governance (ESG), issues at an unprecedented pace, proposing rules and undertaking other initiatives that could ultimately play a role in addressing the nation’s income inequality crisis. The CEO–worker gap has exploded in the last four decades: While CEO compensation has grown 1,322% since 1978, the average U.S. worker’s compensation has risen just 18%, according to the Economic Policy Institute.
Fast Company
November 12, 2021
Second, it is dramatically increasing support for working families through the Wisconsin SHARES program from 35 to 80 percent of the cost of care. The average cost for infant care in Wisconsin is $12,597, according to the Economic Policy Institute so for an eligible family with one child they would see a savings of $5,669 per year.
WisBusiness.com
November 12, 2021
Indeed, because of the obsession with not increasing deficits, the entire spending program will be mostly paid for by taxes. That means little net macroeconomic stimulus, though the improvements to productivity should be good for noninflationary growth. As Josh Bivens of the Economic Policy Institute explains, CBO’s analysis indicates there is still plenty of slack in the economy for noninflationary expansion.
The American Prospect
November 12, 2021
Features Josh discussing CPI data.
Scripps National News
November 12, 2021
Economic self-sufficiency is the ability to reliably meet basic needs, including food, housing, transportation, child care, medical expenses and other necessities. The Economic Policy Institute, a nonpartisan think tank, provides a Family Budget Calculator that calculates measures of economic self-sufficiency across the country.
MarketWatch
November 12, 2021