“The risk is all on the employer or the pension fund. The pension fund or the employer has to figure out how many years on average the people in the pension fund are going to live and has to tie the benefits to projected earnings,” said Monique Morrissey, an economist at Economic Policy Institute.
CNBC
March 26, 2021
As the Economic Policy Institute has explained, these restrictions were strikingly effective. In 1964, for instance, only 22.5 percent of Black Americans living in Alabama, Georgia, Mississippi, North Carolina, and South Carolina were registered to vote; the situation was particularly dire in Mississippi, where nearly 95 percent of white Americans were registered to vote, but only 5.1 percent of Black residents were.
VOX
March 26, 2021
However, some research points to the opposite result: An analysis from the left-leaning Economic Policy Institute found that one fair wage states have actually had more restaurant growth than other states, with both the number of full-service restaurants and people employed in them growing.
Business Insider
March 26, 2021
Not only was there an unequal wealth distribution in 2020, but recovery amid the pandemic seems to also be unequal when looking at recovery by race and ethnicity. The Economic Policy Institute (EPI) analyzed data from the last two quarters of 2020 to see how unemployment rates differed by race and ethnicity around the nation.
“While unemployment rates fell for all groups over the third and fourth quarters, Hispanic unemployment remained 60% higher than white unemployment, while Black unemployment rose from 60% higher to 90% higher,” EPI wrote.
Business Insider
March 26, 2021
At the same time, the Economic Policy Institute, a left-leaning think tank, called on the administration to continue the duties. It hosted a call with representatives of United Steelworkers union and said that the duties helped boost output and create thousands of jobs. The industry is concentrated in politically sensitive swing states including Michigan, Ohio and Indiana.
Bloomberg
March 26, 2021
United Steelworkers (USW) International President Tom Conway issued the following statement in response to today’s Economic Policy Institute (EPI) report on the continuing need for Section 232 relief:
United Steelworkers
March 26, 2021
According to data from the Economic Policy Institute, the average cost of childcare for two children can be upwards of $20,000 a year, which puts many Black and Latina mothers in an impossible position.
Fortune
March 26, 2021
The Economic Policy Institute (EPI) analyzed data from the last two quarters of 2020 to see how unemployment rates differed by race and ethnicity around the nation.
“While unemployment rates fell for all groups over the third and fourth quarters, Hispanic unemployment remained 60% higher than white unemployment, while Black unemployment rose from 60% higher to 90% higher,” EPI wrote.
In fact, EPI found that in the third quarter of 2020, “there were no states where Black and white workers were equally likely to be unemployed.” Although the unemployment rate for both Black and white Americans is lower than the rates seen last spring, the Black unemployment rate was 4.3 percentage points higher than the white unemployment rate in February 2021.
Business Insider
March 26, 2021
The Economic Policy Institute’s Josh Bivens adds, “I think her deficit concerns actually help her in building support for the [American Rescue Plan] proposal,” he says. “Nobody thinks she’s always soft on deficits.”
The Nation
March 26, 2021
“Increases in the minimum wage don’t generally have an effect on jobs,” David Cooper, senior analyst at the Economic Policy Institute, told the American Independent Foundation. “The overwhelming consensus [in] economic research] is that if there is an effect on employment, it’s so small that we have a really hard time measuring it.”
The American Independent
March 26, 2021
“The risk is all on the employer or the pension fund. The pension fund or the employer has to figure out how many years on average the people in the pension fund are going to live and has to tie the benefits to projected earnings,” said Monique Morrissey, an economist at Economic Policy Institute.
CNBC
March 26, 2021
A recent report from the Economic Policy Institute on farm labor enforcement trends over the past 20 years found that more than 70% of federal labor standards investigations of farms conducted by the department’s Wage and Hour Division detected violations — “things like wage theft and inadequate housing, as well as other violations of laws designed to protect farmworkers.”
In addition, about 11% of WHD agricultural investigations found violations of H-2A regulations.
Agri-Pulse
March 26, 2021
Features interview with Heidi Shierholz.
Washington Post
March 26, 2021
Panelist Rob Scott, senior economist at the Economic Policy Institute, has been pounding the table on this issue for a few years now. He sees this as a headwind for manufacturing, a sector that is famous for hiring blue-collar workers and paying good wages, giving them a chance to enter in and stay in the middle class. In 2019, he wrote an op-ed in the New York Times highlighting how Senator Elizabeth Warren and President Trump actually saw eye-to-eye on how an overvalued dollar was a major stumbling block for American manufacturing labor.
“The simplest way to make the dollar less attractive is to impose a tax on foreign purchases of US assets,” Scott said. “You can tax new purchases of US assets, so this is not a tax on US investors. We have lost 5 million manufacturing jobs over the last 20 years, which has led to the devastation of the industrial heartlands in the upper northeast and Midwest and Southeast. And it has been especially harmful for non-college educated workers.”
Coalition for a Prosperous America
March 26, 2021
At the same time, the Economic Policy Institute, a left-leaning think tank, called on the administration to continue the duties. It hosted a call with representatives of United Steelworkers union and said that the duties helped boost output and create thousands of jobs. The industry is concentrated in politically sensitive swing states including Michigan, Ohio and Indiana.
Bloomberg
March 26, 2021
The average wage grew so much, and so fast, because millions of the lowest paid workers lost their jobs.
A report analyzing the data, from the Economic Policy Institute, provides insight into a labor market with growing inequality among the highest and lowest paid workers, at a time of high union support and low union membership.
“All of the job losses are happening in the bottom half of the wage distribution,” said Elise Gould, senior economist at the Economic Policy Institute and co-author of the paper examining this phenomenon. “And the top half is actually seeing some wage gains.”
KTVU-TV
March 26, 2021
However, the damage was mostly felt at the lower end of the labor market, as 80% of 9.6 million net jobs lost were occupied by workers in the bottom quartile of wage earners, according to a report by the Economic Policy Institute.
Los Angeles Times
March 26, 2021
To be in the top 1% of earners in the US, a family must meet an annual income threshold of $421,926, according to 2018 data from the Economic Policy Institute. But the average annual earnings for these top earners is actually $1,316,985.
Business Insider
March 26, 2021
At the same time, 80% of job losses last year affected the lowest 25% of wage earners – while those in the top half of income-earners actually saw gains in employment, according to a February paper published by the left-leaning Economic Policy Institute.
Fox Business
March 26, 2021
Even so, there is reason for optimism. Celine McNicholas, the director of government affairs at the Economic Policy Institute, a worker-focused policy group, pointed to a recent Gallup poll showing that 65% of Americans approved of labor unions, up from 48% in 2009. According to McNicholas, the number of young people who are pro-union is even higher. “Younger workers have none of the outdated hang-ups,” she told me.
Bloomberg
March 26, 2021
Josh Bivens, the research director at the left-leaning Economic Policy Institute, said he’s a fan of the bill’s provision against states using the aid for tax cuts, saying that he sees it as lawmakers hoping to avoid a similar situation to the drop in public investment across the country following the Great Recession.
“After 2010 we saw huge disinvestment at the state and local governmental level, just huge declines in spending,” Bivens said. “Education spending was kind of flat on a per-pupil basis for almost a decade. I think we really have sort of a decade of disinvestment to make up. So I would like to see in the next four to five years states use this federal aid and try to make up some of that investment deficit.”
The Hill
March 26, 2021
A new paper from the left-leaning Economic Policy Institute showed that 80% of job losses in 2020 were concentrated among the lowest 25% of wage earners, while the workers in the top half of the distribution saw gains in employment.
“It is always true that recessions hit low- and middle-income people harder, but I have never seen anything like this,” said Heidi Shierholz, the institute’s policy director and a former chief Labor Department economist.
Bloomberg
March 26, 2021
A report by the Economic Policy Institute in December 2019 found employers are charged with violating federal law in more than 54% of union elections with large bargaining units and US employers spend roughly $340m annually on consultants who specialize in union avoidance.
The Guardian
March 26, 2021
El desempleo en California se disparó del 4.4 por ciento el 31 de marzo de 2020 al 15.9 por ciento a finales de junio, según el Economic Policy Institute, un grupo de investigación independiente de Washington D.C.
Los Angeles Times
March 26, 2021
A 2020 report from the left-leaning Economic Policy Institute (EPI) looked at how CEO compensation has grown in contrast to workers’ wages. Focusing on “realized” compensation for CEOs – which “counts stock awards when vested and stock options when cashed in rather than when granted” – EPI found that, in 2019, the ratio between CEO pay and the typical worker’s pay was 320-to-1.
Markets Insider
March 26, 2021
Shareholders typically don’t balk at lavish rewards for executives so long as they line up with a company’s performance. In recent decades, payouts have boomed; between 1978 and 2018, CEO compensation grew by more than 1,000%, according to the Economic Policy Institute.
CNN
March 26, 2021
As the Economic Policy Institute has explained, these restrictions were strikingly effective. In 1964, for instance, only 22.5 percent of Black Americans living in Alabama, Georgia, Mississippi, North Carolina, and South Carolina were registered to vote; the situation was particularly dire in Mississippi, where nearly 95 percent of white Americans were registered to vote, but only 5.1 percent of Black residents were.
VOX
March 25, 2021
However, some research points to the opposite result: An analysis from the left-leaning Economic Policy Institute found that one fair wage states have actually had more restaurant growth than other states, with both the number of full-service restaurants and people employed in them growing.
Business Insider
March 25, 2021
Not only was there an unequal wealth distribution in 2020, but recovery amid the pandemic seems to also be unequal when looking at recovery by race and ethnicity. The Economic Policy Institute (EPI) analyzed data from the last two quarters of 2020 to see how unemployment rates differed by race and ethnicity around the nation.
“While unemployment rates fell for all groups over the third and fourth quarters, Hispanic unemployment remained 60% higher than white unemployment, while Black unemployment rose from 60% higher to 90% higher,” EPI wrote.
Business Insider
March 25, 2021