…is a little more than half the typical ratio, according to the Economic Policy Institute, which calculated the ratio of American CEO pay…[paywall].
Atlanta Journal Constitution
March 28, 2024
Even in 2023, women still earned almost 22% less than men earned, according to the Economic Policy Institute; and the COVID-19 pandemic hit women’s careers harder than men’s, as millions of women had to prioritize childcare and helping their children home school over their jobs.
GO Banking Rates
March 28, 2024
It also reflects the recent growth of unions in the private sector. In 2023, the unionization level in the private sector rose from 6.8% to 6.9% — an increase of more than 261,000 unionized workers, according to the Economic Policy Institute.
NerdWallet
March 28, 2024
The share of foreign-born workers in the US labor force rose faster than the share of native-born workers in 2022, and some industries are heavily dependent on certain types of visas to source talent. Tech companies like Infosys, Google, and Meta, for example, were some of the top employers petitioning for H-1B visas in 2022, according to an analysis by the Economic Policy Institute.
HR Brew
March 28, 2024
The new wages go into effect within 30 days, retroactive to the beginning of this year, according to an official statement issued by the museum. Previously, the average salary for union workers was $43,600, which was almost $4,000 less than the Economic Policy Institute’s cost of living estimate for a one-person household in Berkshire County.
Albany Times Union
March 28, 2024
A 2019 analysis by the Economic Policy Institute found that a regional approach over a $15 hourly national minimum wage would lead to 15.6 million fewer workers getting raises, reducing the total increase in wages from $118 billion to an estimated $35.7 billion.
WRIC
March 28, 2024
As union organizing continues to increase across the country, so too have instances of employers retaliating against their employees for unionization efforts. In 2022, employers were charged with violating federal labor law in 41.5% of all union election campaigns held that year, according to NLRB data analyzed by the Economic Policy Institute.
Alabama Daily News
March 28, 2024
Ismael Cid-Martinez, an economist at the Economic Policy Institute, a think tank partly funded by labor unions, said the law would help lift wages for workers in other low-paying industries in the state.
“These workers are also consumers,” he said. “Any increase in earnings for them means additional resources that they use to feed their families, bolster small businesses and strengthen their state economy.”
New York Times
March 28, 2024
Samantha Sanders, the director of government affairs and advocacy at nonprofit organization Economic Policy Institute, told Law360 on Monday that “things could have come out much worse” during the compromising undertaking the bill process required, but that what the department is getting might still not be enough.
“Considering that the funding for Wage and Hour is more or less flat, that’s certainly better than a cut, but not anywhere near where it should be, ideally, to actually do what they need to do,” Sanders said.
Law360
March 28, 2024
In fact, wages for most workers in the U.S. have essentially stagnated since the 1970s, despite a rise in productivity. Middle-wage workers’ hourly pay is up 6% since 1979, and low-wage workers’ earnings are actually down 5%. Meanwhile, those with very high wages saw a 41% increase, according to an analysis from the Economic Policy Institute. That’s a significant spike in inequality that can make the question of whether you can afford to become a parent a difficult one.
Motley Fool
March 28, 2024
According to the Economic Policy Institute, there have been at least 12 bills filed in 10 separate states over the past two years aimed at loosening child labor laws.
Action News Jax
March 28, 2024
According to the Economic Policy Institute, since the 1970s the U.S. economy has suffered from wage stagnation and the slow growth of living standards for low- and moderate-income workers while the costs of living have drastically increased. On the flip side, those with the most income, wealth, and power have continued to actively suppress policies that would allow for shared prosperity.
Santa Monica Daily Press
March 28, 2024
Thirty states have introduced bills to weaken child labor laws since 2021, according to the Economic Policy Institute, a left-leaning think tank.
Courier Journal
March 28, 2024
When deciding how much to tip, it can be helpful to look up the minimum and subminimum wages of your state, says Allegretto. The think tank Economic Policy Institute has a wage tracker that can help you find this information.
NPR
March 28, 2024
As of 2022, teachers earn 26.4% less than other college-educated workers, the lowest in six decades, according to the Economic Policy Institute.
Stacker
March 28, 2024
These uses of state power to try to suppress Southern workers’ wages by blocking the path to a union contract are nothing new.
Southern Republicans have for decades claimed that “business-friendly” policies—including laws that constrain workers’ rights—would lead to an abundance of jobs and prosperity. The data show a grim reality.
Newsweek
March 28, 2024
On Tuesday, a virtual workshop will be held to offer basic information regarding unions for working class folks and others interested in learning about the topic especially in Alabama.
The workshop is sponsored by the North Alabama Labor Council and the presentation will be conducted by Jennifer Sherer of the Economic Policy Institute (EPI). Sherer is a senior state policy coordinator for EPI’s Economic Analysis and Research Network (EARN) Worker Power Project.
Alabama Reporter
March 28, 2024
It’s up to each state representative to set their employees’ salaries with a $75,000 cap, according to McCann, Tate’s spokesperson. Representatives must pay their staff at least $35,000. That floor means representatives can pay their staff about $7,000 less than a living wage in the Lansing/East Lansing metro area, according to calculations from the Economic Policy Institute, a research organization focused on low- and middle-income workers.
Detroit Free Press
March 28, 2024
Education majors tend to be paid less as well. While teachers have good job security, summers off and pensions, they’re usually paid by state governments, which have lagged in keeping wages commensurate with inflation. In recent years, the “teacher pay penalty” has gotten worse, according to the Economic Policy Institute.
CNBC
March 28, 2024
The Economic Policy Institute says the average annual income of the top 1% is $1,316,985, but most people would probably feel like they were on Easy Street with a whole lot less.
GO Banking Rates
March 28, 2024
Heidi Shierholz, President of the Economic Policy Institute, joins the podcast to discuss the ongoing skewing of the income distribution. There’s a lengthy list of reasons why more of the economic pie is going to those in the top of the distribution, from less unionization and lax enforcement of labor laws, but you would be surprised to hear what’s not on the list. You may also be surprised that the conversation ends on an upbeat note.
Inside Economics podcast
March 28, 2024
It’s been four years since the Covid-19 pandemic led to business shutdowns across the country and a subsequent record 3.28 million unemployment filings. Valerie Wilson, director of the Economic Policy Institute on Race, Ethnicity, and the Economy, gives us her take on the state of the labor market.
Wall Street Journal Take On The Week Podcast
March 28, 2024
Samantha Sanders, the director of government affairs and advocacy at nonprofit organization Economic Policy Institute, told Law360 on Monday that “things could have come out much worse” during the compromising undertaking the bill process required, but that what the department is getting might still not be enough.
“Considering that the funding for Wage and Hour is more or less flat, that’s certainly better than a cut, but not anywhere near where it should be, ideally, to actually do what they need to do,” Sanders said.
Law360
March 26, 2024
In fact, wages for most workers in the U.S. have essentially stagnated since the 1970s, despite a rise in productivity. Middle-wage workers’ hourly pay is up 6% since 1979, and low-wage workers’ earnings are actually down 5%. Meanwhile, those with very high wages saw a 41% increase, according to an analysis from the Economic Policy Institute. That’s a significant spike in inequality that can make the question of whether you can afford to become a parent a difficult one.
Motley Fool
March 26, 2024
According to the Economic Policy Institute, there have been at least 12 bills filed in 10 separate states over the past two years aimed at loosening child labor laws.
Action News Jax
March 26, 2024
According to the Economic Policy Institute, since the 1970s the U.S. economy has suffered from wage stagnation and the slow growth of living standards for low- and moderate-income workers while the costs of living have drastically increased. On the flip side, those with the most income, wealth, and power have continued to actively suppress policies that would allow for shared prosperity.
Santa Monica Daily Press
March 26, 2024
Thirty states have introduced bills to weaken child labor laws since 2021, according to the Economic Policy Institute, a left-leaning think tank.
Courier Journal
March 26, 2024
When deciding how much to tip, it can be helpful to look up the minimum and subminimum wages of your state, says Allegretto. The think tank Economic Policy Institute has a wage tracker that can help you find this information.
NPR
March 26, 2024
As of 2022, teachers earn 26.4% less than other college-educated workers, the lowest in six decades, according to the Economic Policy Institute.
Stacker
March 26, 2024
These uses of state power to try to suppress Southern workers’ wages by blocking the path to a union contract are nothing new.
Southern Republicans have for decades claimed that “business-friendly” policies—including laws that constrain workers’ rights—would lead to an abundance of jobs and prosperity. The data show a grim reality.
Newsweek
March 26, 2024