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By Asha Banerjee, Jaimie Worker, and Dave Kamper, EPI Working Economics Blog Last month, we at the Economic Policy Institute submitted a public comment on the U.S. Department of the Treasury’s guidance regarding the . These funds are part of the American Rescue Plan (ARP) Act’s resources for state and local communities to respond to the public health and economic crisis. […]
Continue reading …By Karen Dolan — It’s been a difficult few years for poor people in this country. Just a year after the pandemic era safety net expansion saw poverty fall to its lowest level on record, we saw a historic 60 percent increase as those programs expired. Women and children have been among the hardest hit. […]
Continue reading …The $3.5 trillion budget reconciliation package and the bipartisan Infrastructure Investment and Jobs Act (IIJA) would provide fiscal support for more than 4 million jobs annually, according to a new Economic Policy Institute report. This includes 1.1 million caregiving jobs, 763,000 green jobs, 556,000 manufacturing jobs, and 312,000 construction jobs, among other industries. With the […]
Continue reading …By Kevin Vazquez | Sep 15, 2021 | — Last week, on Labor Day, an estimated 8.9 million workers and their families lost federal unemployment benefits, and nearly three million more had their weekly checks reduced by $300 per week. The Biden administration, despite the entreaties of many workers, activists, labor unions, and other organizations, […]
Continue reading …Unemployment insurance benefits cuts did not force people back to work, research by the Economic Policy Institute found. The July state employment and unemployment data released Friday by the Bureau of Labor Statistics (BLS) showed that the strong job growth reported earlier this month in the national jobs data was widespread throughout the country. And, notably, the states that chose not to cut pandemic […]
Continue reading …On Friday, a California Superior Court judge – the state’s trial court system – held that Prop. 22, which, among other provisions, permitted gig companies like Uber, Lyft, DoorDash, Instacart, and others to classify their workers as independent contractors rather than employees, enabling them to evade a host of labor and employment laws, is unconstitutional […]
Continue reading …With the CARES Act the U.S. government took bold policy actions so that workers impacted by this epochal pandemic would not suffer long-term economic damage. By Andrew Stettner, Senior Fellow, The Century Foundation — The COVID-19 pandemic unleashed an unprecedented wave of unemployment impacting a wide variety of Americans, from those who lost jobs when […]
Continue reading …“Union jobs are about to be so dope,” the New York Post declared on Sunday evening in an article about the labor movement’s optimism about New York State’s nascent cannabis industry. The state legalized the recreational use of marijuana in March and included as part of that legislation a requirement that firms involved in “cultivating, […]
Continue reading …The 2020 bonus pool for 182,100 securities industry employees could pay for more than 1 million jobs at a $15 minimum wage for a year. March 29, 2021By Sarah Anderson Originally in Inequality.org While low-wage workers are still waiting for a raise in the minimum wage, Wall Street employees enjoyed a 10 percent bump in […]
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Weekends News & Commentary — September 5, 2021
05/09/2021 Comments Off on Weekends News & Commentary — September 5, 2021This weekend, an estimated 8.9 million workers and their families will lose federal unemployment benefits entirely, and more than 2 million more will have their weekly checks reduced by $300 per week, as two key federal unemployment programs expire. Pandemic Unemployment Assistance (PUA), which provided unemployment benefits to many workers, like gig or self-employed workers, […]
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