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News Coverage Jun 5, 2021

Yahoo! Finance: ‘Mothers of elementary school-aged children’ key for lagging labor force participation

“‘There are a number of factors that are acutely affecting certain parts of the population, whether those are acute health risks or child care issues,’ Wendy Edelberg, a senior fellow in economic studies and director of the Hamilton Project at the Brookings Institution, said on Yahoo Finance Live (video above). ‘So certainly, we see a lot of evidence that for mothers of elementary school-aged children, particularly in states that have seen a lot of school closures, they’re feeling particularly hard hit by those school closures.’”

News Coverage May 30, 2021

The New York Times: Prepare to Pay More for Uber and Lyft Rides

“By Uber and Lyft organizing themselves with the drivers being contractors, in a sense they have put the riders in the position of employing these contractors,” said Wendy Edelberg, the director of the Hamilton Project and a senior fellow at the Brookings Institution. “Every time we open our Uber app, maybe we feel a little bit like the small business that can’t fill the vacancy after putting up the ‘Help Wanted’ sign.”

News Coverage May 28, 2021

The Wall Street Journal: Biden Unveils $6 Trillion Spending Plan

“‘Many of the proposals—infrastructure, investments in young children, higher education—would take years to show up as greater economic output,’ said Wendy Edelberg, director of the Hamilton Project at the Brookings Institution, a Washington think-tank, and a former CBO chief economist. ‘They would immediately improve our quality of life. But they would also pay economic dividends for many years beyond this decade.’”

News Coverage May 27, 2021

Ms. Magazine: Half of U.S. States are Leaving Women Workers Behind

“A recent survey by The Hamilton Project found 16 percent of mothers with young children reported that someone in their household left their job to undertake child care responsibilities in 2020, and in those cases, 70 percent were the mothers themselves who left their job for child care responsibilities. We all lose when women are left behind, with the U.S. economy at risk of losing an estimated $64.5 billion in additional wages and economic activity.”

News Coverage May 26, 2021

Newsweek: Exclusive: Pandemic Could Cost Typical American Woman Nearly $600,000 in Lifetime Income

“At least one economist already sees signs of the difficulties that women, particularly mothers, will face as they try to return to full-time jobs. In a survey conducted in the fall of 2020, Lauren Bauer, a fellow in economic studies at the Brookings Institution, found that 40 percent of unemployed mothers who left their jobs to take care of children during the pandemic were seeking work.”

News Coverage May 23, 2021

Marketplace: Nonprofit Seeks to Trap Carbon in the Financial Markets

“Economist Wendy Edelberg at the [Hamilton Project] is also anticipating strong spending for the rest of the year. But she sees risks…… ‘Whether or not we’re seeing stresses in the labor market, [whether or not we’re seeing stresses] in production, in inventories and what’s going with imports, what’s going on with inflation. There will be a lot of signs flashing yellow, perhaps even red,’ she said.”

News Coverage May 23, 2021

Boston Globe: Social Security pays the same no matter where you live. Unemployment should, too

“This isn’t a new idea, but University of Massachusetts Amherst labor economist Arindrajit Dube last month released a plan laying out how to do just that. His policy paper, published by the Hamilton Project of the Brookings Institution, argued that taking control of unemployment insurance from the states is the best way for the federal government to tackle the system’s thorniest problems, including stingy jobless pay, overly strict eligibility rules, and the lack of “triggers” that effectively link benefits to economic conditions.”

News Coverage May 17, 2021

Bloomberg: U.S. Economic Rebound Proves More a Grind Than a Boom

“At the heart of the grind is the labor market: getting about 10 million people back to work after a third of the workforce changed or lost their jobs during the Covid-19 pandemic is going to take time, leaving some employers scrambling to fill positions amid brisk demand. ‘This will be a chaotic recovery,’ said Wendy Edelberg, former chief economist at the non-partisan Congressional Budget Office who now directs the Hamilton Project at the Brookings Institution.”

News Coverage May 14, 2021

Deseret News: Could child care help open the economy and why is its funding such a contentious topic?

“U.S. Commerce Secretary Gina Raimondo, former governor of Rhode Island, placed the care economy at the ‘core of competitiveness, productivity and growth,’ recently while discussing child care and paid leave for Brooking Institution’s Hamilton Project. She said 2.5 million women left the work force during the pandemic, many of them to care for their children — a so-called ‘shecession.’ But even before the pandemic, she said America had a caregiving crisis.”

News Coverage May 13, 2021

CNN: Everything is getting more expensive. That’s especially bad news for low-income Americans

“When necessities get more expensive, consumers with less disposable income, who already spend a bigger share of their money on essentials, feel it first. In 2016, researchers from the Hamilton Project, part of the Brookings Institution, found that low-income households spend a higher percentage of their budgets on basic needs — housing, food, transportation, health care and clothing — than they did three decades ago.”

News Coverage May 13, 2021

Minnesota Reformer: Minnesota researchers craft proposal to improve child care access

“The proposal from economists Elizabeth Davis and Aaron Sojourner, published Wednesday [by The Hamilton Project], calls for permanently expanding existing early childhood education programs, capping families’ spending based on income and creating a uniform set of quality standards. The researchers estimate this system would cost about $123 billion, which would be partly offset by economic gains for families and long-term advantages for children, especially low-income children.”

News Coverage May 12, 2021

Inc.: The Pandemic Made It Impossible for Many Moms to Work. Here Are 4 Ways to Get Them Back

“When it comes to public policy, though, opinions are fractured. Lauren Bauer, a fellow in economic studies at the Brookings Institution, notes that parents, and especially mothers, will return to the workforce more slowly simply because a vaccine is not yet available for young children. ‘Until we are at a place where schools are open universally and there are available, affordable, high-quality child care slots, many women will not be able to come back.’”

News Coverage May 10, 2021

Forbes: For Everyone’s Sake, Our Economic Experts Need To Say More About Inflation

“The Brookings analysis [by Jay Shambaugh] points out how some prices fell during the worst of last year’s pandemic lockdowns and argues from this fact that the recent inflation surge is merely a catching up to inflation’s longer-term trend of about 2% inflation a year. This view might be more comforting if people could believe that inflation somehow wants to fit into a neat trendline, but even this line of analysis would have made the dismissals by Powell and Yellen more convincing.”