When families suffer, children suffer, and the pandemic inflicted tremendous hardship on our working families. It also aggravated existing challenges, such as finding affordable, accessible child care. The average family in California would need to spend over 40% of their income (or over $28,000 per year) to pay for care for two children, according to the Economic Policy Institute.
EdSource
July 1, 2022
Recovery of lost wages via federal enforcement outstripped state agency efforts, accounting for nearly $1.2 billion in recoveries versus $558 million recovered by state labor departments and attorneys general between 2017 and 2020, according to an Economic Policy Institute report. Class-action litigation topped them both, recovering about $1.5 billion in the same time frame, the EPI said, citing data from a Seyfarth Shaw litigation analysis.
Bloomberg Law
July 1, 2022
Denying people seeking abortions access to that care not only leads to negative economic outcomes on an individual level, but also financially impacts their households and families — making it a macroeconomic as well as a healthcare issue, said Asha Banerjee, economic analyst for the Economic Policy Institute.
HR Dive
July 1, 2022
The issues affecting older workers were the subject of a February hearing of the U.S. Congress Joint Economic Committee, “Building a Better Labor Market: Empowering Older Workers for a Stronger Economy.” The first two speakers, Teresa Ghilarducci, a professor from The New School for Social Research, and Monique Morrissey, an economist from the Economic Policy Institute, outlined the problems affecting older workers. Both supported the creation of an Older Workers Bureau.
Government Executive
July 1, 2022
No longer can government policy, including the billions spent on economic development, be detached from a central focus on bridging inequities and addressing structural barriers to success. An estimate from the Economic Policy Institute found that rising inequality has slowed U.S. economic growth in aggregate demand by two to four percentage points in recent years as the share of income has shifted from lower income, lower-saving households to higher income, higher-saving households. Addressing structural inequality is not only a moral imperative – it is an economic imperative.
Gotham Gazette
July 1, 2022
Josh Bivens, the director of research at the left-leaning Economic Policy Institute, published a study in April that found corporate profits accounted for more than half of the price growth between 2020 and 2021 in the non-finance corporate sector, which makes up about 75% of the private sector.
ABC News
July 1, 2022
The ruling will cause economic pain in 26 states where abortion bans are most likely to go into effect and where people already face lower wages and limited access to healthcare, the Economic Policy Institute warned following the decision.
Al Jazeera English
July 1, 2022
The left-leaning Economic Policy Institute has said that if the country were to boost the federal minimum wage to $15 an hour, workers would receive over $108 billion in additional pay and earnings would rise for 1 in 3 Black workers.
MarketWatch
July 1, 2022
When economists and policymakers look to study previous recessions, they will be using dates that “don’t necessarily represent the full breadth of experiences in this country,” said Valerie Wilson, who is director of the Economic Policy Institute’s Program on Race, Ethnicity, and the Economy as well as president of the National Economic Association. “More diversity on the committee will bring in perspectives and other ideas about how we understand the health of the economy.”
CNN Business
July 1, 2022
NPR’s Ailsa Chang talks to Josh Bivens from the Economic Policy Institute about what’s really behind high prices and supply issues contributing to inflation.
NPR All Things Considered
July 1, 2022
This, too, must be reformed. To understand more, we shall turn to New York State. In an interview with Policy Reform Now, David Cooper, director of the Economic Analysis and Research Network at the Economic Policy Institute, described the pioneering example of the Empire State’s minimum wage law.
Policy Reform Now
July 1, 2022
“Esta decisión causará un dolor económico inmediato en 26 estados donde es más probable que se prohíba el aborto y donde las personas ya enfrentan salarios más bajos, menos poder de los trabajadores y acceso limitado a la atención médica”, dijo Heidi Shierholz, presidenta del Instituto de Política Económica, en un comunicado.
La Opinion
July 1, 2022
Others say abortion access is an “economic right” for women. “Access to abortion and abortion services can have powerful impacts on abortion patients’ economic outcomes, including what kinds of jobs they can and cannot take, educational attainment, chances of being in poverty and financial distress, and so much more,” said Economic Policy Institute, a progressive think tank.
MarketWatch
July 1, 2022
“Abortion rights are economic rights, and this decision means the loss of economic security, independence, and mobility for abortion seekers,” Heidi Shierholz, president of the left-leaning Economic Policy Institute, said in a statement on Friday.
New York Times
July 1, 2022
“Abortion rights are economic rights, and this decision means the loss of economic security, independence, and mobility for abortion seekers. Low- and middle-income people, especially Black and Brown women, will bear the brunt of the impact,” Heidi Shierholz, the president of the Economic Policy Institute, a left-leaning think tank, said Friday.
MarketWatch
July 1, 2022
“This decision will cause immediate economic pain in 26 states where abortion bans are most likely and where people already face lower wages, less worker power, and limited access to health care,” said Heidi Shierholz, president of the Economic Policy Institute, in a statement released Friday. “The fall of Roe will be an additional economic barricade.”
CNN Business
July 1, 2022
“Abortion rights are economic rights,” said Heidi Shierholz, president of the Economic Policy Institute. “This decision means the loss of economic security, independence, and mobility for abortion seekers,” she said, which will impact women of color the most.
Reuters
July 1, 2022
“This decision will cause immediate economic pain in 26 states where abortion bans are most likely and where people already face lower wages, less worker power and limited access to health care. The fall of Roe will be an additional economic barricade,” Heidi Shierholz, president of the Economic Policy Institute, said in a statement.
- “Abortion rights are economic rights, and this decision means the loss of economic security, independence, and mobility for abortion seekers. Low- and middle-income people, especially Black and Brown women, will bear the brunt of the impact.”
Axios
July 1, 2022
Politico Women Rule virtual discussion on what’s ahead for women and the U.S. economy Tuesday … Economic Policy Institute virtual discussion on the “The Economics of Abortion” Tuesday
Politico Morning Money
July 1, 2022
The Economic Policy Institute called the decision “devastating” for the nation.
Those who are denied an abortion are more likely to experience financial distress for years afterward and more likely to be in poverty, according to the EPI.
It’s impacts like this that are pushing many people to continue protesting across the nation.
WGCL-TV (CBS Atlanta)
July 1, 2022
That used to be a very common question in the U.S., as the Bureau of Labor Statistics reports there were 470 major work stoppages in 1952. By 1980, that number had dropped to 187. There were just 16 major strikes last year, which was double the amount in 2020. Think tanks like the Economic Policy Institute argue there were many more work stoppages at smaller companies last year that the Labor Department didn’t monitor.
WUWM
June 24, 2022
Robert Scott, Senior Economist and Director of Trade and Manufacturing Policy Research at the Economic Policy Institute, offers a closer look at the Defense Production Act and its potential to spur the development of a robust solar supply chain in the U.S. Scott examines the policies and trade dynamics that led to China’s dominance in the global solar supply chain, and how the DPA and related trade and industrial policies might create the foundation for a competitive domestic solar manufacturing industry.
Energy Policy Now
June 24, 2022
Brown’s comment echoes the positions of economic organizations like the Groundwork Collaborative, Economic Policy Institute and the Joint Center for Political and Economic Studies. These groups are at the forefront of shifting how people interpret and discuss economic gains and challenges.
NewsOne
June 24, 2022
Josh Bivens, research director for the Economic Policy Institute, recently deconstructed each major component impacting prices over the past year, including wages, corporate profits and supply-chain issues.
Public News Service
June 24, 2022
Terri Gerstein is the director of the State and Local Enforcement Project at the Harvard Law School Labor and Worklife Program and a senior fellow at the Economic Policy Institute.
American Prospect
June 24, 2022
Wage theft is when an employee is not paid the full amount to which they are entitled. In a report done by the Economic Policy Institute (EPI) in 2017, between the years 2015 and 2016, $2 billion was given to employees that reported unpaid wages.
Newsweek
June 24, 2022
About 9 million working women of childbearing age fall into that category, as well as an additional 3.7 million salaried workers who earn above the law’s salary threshold but whose job duties mean they should be eligible under the law, according to an analysis by the Economic Policy Institute, a left-leaning think tank. The analysis studied only women, not all people who can become pregnant.
The 19th
June 24, 2022
It’s unclear whether any of the fired employees will try to file suit with the National Labor Relations Board (NLRB). But if they do, lawyers say they will have a strong case. “To be covered, an action has to be concerted (certainly the case here) and it has to relate to working conditions,” says Charlotte Garden, a law professor at Seattle University who wrote about employee speech rights for the Economic Policy Institute earlier this year.
The Verge
June 24, 2022