Heidi Shierholz, an economist at the Economic Policy Institute, a progressive think-tank, argued that the CBO’s estimated job losses from enacting a $15 minimum wage are “overstated.”
“The crucial fact is that an employment decline as a result of a minimum wage increase doesn’t necessarily mean any worker is actually worse off,” she wrote in a July 2019 report. “For a wide variety of reasons, a sizeable share of low-wage workers routinely cycle in and out of employment; each quarter, more than 20 percent of the lowest-wage workers leave or start a job.”
MarketWatch
January 21, 2021
And this isn’t a tactic unique to academic organizing. According to a report from the Economic Policy Institute, employers in the United States spend a collective $340 million on “union avoidance” consultants each year, generally for the purpose of framing unionizing efforts as labor’s bogeyman.
Orlando Weekly
January 21, 2021
The Economic Policy Institute says 9.8 million jobs have disappeared since February 2020. The think tank stated Jan. 14 that 26.8 million workers are now jobless or have experienced a cut in hours or wages due to the pandemic. (tinyurl.com/y3blh3qj)
Mundo Obrero Workers World
January 21, 2021
Heidi Shierholz, an economist at the Economic Policy Institute, a progressive think-tank, argued that the CBO’s estimated job losses from enacting a $15 minimum wage are “overstated.”
“The crucial fact is that an employment decline as a result of a minimum wage increase doesn’t necessarily mean any worker is actually worse off,” she wrote in a July 2019 report. “For a wide variety of reasons, a sizeable share of low-wage workers routinely cycle in and out of employment; each quarter, more than 20 percent of the lowest-wage workers leave or start a job.”
MarketWatch
January 21, 2021
And this isn’t a tactic unique to academic organizing. According to a report from the Economic Policy Institute, employers in the United States spend a collective $340 million on “union avoidance” consultants each year, generally for the purpose of framing unionizing efforts as labor’s bogeyman.
Orlando Weekly
January 21, 2021
The Economic Policy Institute says 9.8 million jobs have disappeared since February 2020. The think tank stated Jan. 14 that 26.8 million workers are now jobless or have experienced a cut in hours or wages due to the pandemic. (tinyurl.com/y3blh3qj)
Mundo Obrero Workers World
January 21, 2021
The Economic Policy Institute forecasts a dire picture if federal aid to state and local governments isn’t secured: over 5 million jobs will be lost by the end of 2021.
Common Dreams
January 19, 2021
In a recent report from the Economic Policy Institute found no progress since 1968 in how Black people fare in comparison with whites when it comes to homeownership, unemployment, and incarceration.
ABC4-TV
January 19, 2021
The left-leaning Economic Policy Institute estimates that nearly a quarter (22.7%) of Wisconsin’s workforce would be affected by a raise in the minimum wage to $15 an hour by 2025.
Milwaukee Journal Sentinel
January 19, 2021
Still, economic research in recent years has changed the outlook for some by indicating that it doesn’t have a significant impact on employment, said David Cooper, senior economic Analyst at the Economic Policy Institute.
“That has muted a lot of opposition among folks who may have been opposed, not for ideological reasons, but because they thought the policy did more harm than good,” Cooper said. “I’ve seen companies coming out and supporting it too. Part of that is because there’s broader support for the idea that raising the minimum wage gives additional dollars to go out and spend.”
Bloomberg
January 19, 2021