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President-elect Biden will inherit an economy with more than 25 million workers hurt by the coronavirus downturn. It is both cruel and terrible economics that Mitch McConnell has adjourned the Senate with no COVID-19 relief. Learn more: https://www.epi.org/blog/what-the-next-president-inherits-more-than-25-million-workers-are-being-hurt-by-the-coronavirus-downturn/ …pic.twitter.com/CQ2nznOx9l
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Economic Policy Institute Retweeted
Plot twist! Unemployment Insurance claims are being released today, *Wednesday*. Here we go. 0/
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Biden needs to go well beyond repealing Trump’s bad executive orders—he has the power to assure that workers paid by federal contracts are a national model.–
@hshierholzhttps://prospect.org/day-one-agenda/use-the-presidents-contracting-power-to-improve-workers-lives/ …Thanks. Twitter will use this to make your timeline better. UndoUndo -
Economic Policy Institute Retweeted
Principles for the relief and recovery phase of rebuilding the U.S. economy from
@joshbivens_DC@EconomicPolicy. The bottom line: Use debt, go big, and stay big, and be very slow when turning off fiscal support.https://www.epi.org/publication/principles-for-the-relief-and-recovery-phase-of-rebuilding-the-u-s-economy-use-debt-go-big-and-stay-big-and-be-very-slow-when-turning-off-fiscal-support/ …Thanks. Twitter will use this to make your timeline better. UndoUndo -
Economic Policy Institute Retweeted
Listen to the voices of
#young people discussing the lasting damage of the#COVID19 recession on the next generation. First@TCFdotorg 's@EllieKavermanhttps://tcf.org/content/commentary/young-people-will-bear-brunt-covid-19s-economic-consequences/ …Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo -
Economic Policy Institute Retweeted
Curious how much stimulus we really need? Read this excellent piece by
@joshbivens_DC. TL;DR: We need $2 trillion between now and the middle of '22, then continued support of $400 billion annually until the end of '24, then a slow phaseout after that.https://epi.org/215699Thanks. Twitter will use this to make your timeline better. UndoUndo -
Economic Policy Institute Retweeted
A comprehensive blueprint for relief and real recovery, by
@joshbivens_DC@EconomicPolicy https://epi.org/215309 pic.twitter.com/mYVR48faDf
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EPI's
@joshbivens_DC released a new policy memo today recommending $3 trillion in fiscal aid. His other recommendations to policymakers: use debt, go big, and stay big, and be very slow when turning off fiscal supporthttps://www.epi.org/publication/principles-for-the-relief-and-recovery-phase-of-rebuilding-the-u-s-economy-use-debt-go-big-and-stay-big-and-be-very-slow-when-turning-off-fiscal-support/ …Thanks. Twitter will use this to make your timeline better. UndoUndo -
Economic Policy Institute Retweeted
New research from
@pelhamprog@ENPancotti@TCFdotorg shows more than 12 million Americans will lose their income from PUA and PEUC on Dec. 26 unless Congress acts—and another 4.4 million will exhaust benefits before that! Congress must#ExtendUI! https://buff.ly/2UAWxKT pic.twitter.com/VFeiNV66oz
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Rebalancing trade and investing in infrastructure and clean energy would create at least 6.9 million good jobs, particularly in Midwestern states left behind by outsourcing. See how many jobs would be created in your state: https://www.epi.org/publication/rebuilding-american-manufacturing-potential-job-gains-by-state-and-industry-analysis-of-trade-infrastructure-and-clean-energy-energy-efficiency-proposals/ …pic.twitter.com/mpmGKFN7Cx
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These are no accidents; they are profound failures of private responsibility and public policy. The choices made by Tyson are shaped by the paucity of meaningful labor and regulatory standards across the region. Learn more:https://www.epi.org/blog/weak-labor-protections-have-put-midwestern-food-processing-workers-at-risk-for-coronavirus/ …
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The business model of food processing depends not just on low wages and a light regulatory hand, but on the systematic exploitation of workers of color—many of them immigrants.https://www.epi.org/blog/meat-and-poultry-worker-demographics/ …
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Weak labor protections have put Midwestern food processing workers at risk for coronavirus, all while Tyson Foods supervisors privately bet on the number of workers who would get sick from COVID-19. Depraved.https://iowacapitaldispatch.com/2020/11/18/lawsuit-tyson-managers-bet-money-on-how-many-workers-would-contract-covid-19/ …
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Economic Policy Institute Retweeted
A failure of business & government to protect workers who have unequal power: Employees allegedly worked while ill, with the lawsuit claiming that at least "one worker vomited on the production line and management allowed him to continue working and return to work the next day."https://twitter.com/Newsweek/status/1329392481570525184 …
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Another 1.1 million people applied for unemployment insurance benefits last week. Last week was the 35th straight week total initial claims were greater than the worst week of the Great Recession. More from
@Hshierholz:https://www.epi.org/blog/no-improvement-in-initial-unemployment-claims-as-labor-market-gains-falter/ …Thanks. Twitter will use this to make your timeline better. UndoUndo -
Economic Policy Institute Retweeted
The devastation continues. What's going to happen when the vital pandemic relief programs expire in just over five weeks?!? How are workers and their families going to survive without a lifeline?!? Read
@hshierholz's valuable summary of the latest#unemployment insurance claims.https://twitter.com/hshierholz/status/1329419665794166785 …Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo -
Economic Policy Institute Retweeted
Another 1.1 million people applied for UI last week, including 742,000 people who applied for regular state UI and 320,000 who applied for Pandemic Unemployment Assistance (PUA). 1/ https://www.dol.gov/ui/data.pdf
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Recessions typically hit young workers hard, but the COVID-driven recession has been particularly bad for workers under 25. EPI's
@its_Melat explains why: https://www.epi.org/publication/young-workers-covid-recession/ …pic.twitter.com/H6lxoC5xNgThanks. Twitter will use this to make your timeline better. UndoUndo -
A new blog post from
@emmagg01 & Elaine Weiss reviews the consequences of reduced learning time in school settings during the pandemic, and what the evidence tells us what to do about it when we begin to control the spread of the virus.https://www.epi.org/blog/learning-during-a-pandemic-what-decreased-learning-time-in-school-means-for-student-learning/ …Thanks. Twitter will use this to make your timeline better. UndoUndo -
Economic Policy Institute Retweeted
This excellent paper shows how many millions of workers will have unemployment benefits cut off on Dec 26th, when pandemic relief programs expire. Senate Republicans have so far blocked more aid. The cruelty is mind-blowing.https://twitter.com/TCFdotorg/status/1329032355198234624 …
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Tomorrow at 5pm ET: EPI board member Wilma Liebman will discuss her extraordinary career in labor law and future challenges facing the NLRB. Register below!https://twitter.com/DCLERA/status/1327354899118641157 …
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