EPI in the news

• Abigail Disney Is Right: ‘Insane’ CEO Compensation Can Have ‘A Corrosive Effect On Society’

  According to the Economic Policy Institute, from 1978 to 2013, CEO compensation, inflation adjusted, increased 937%. That’s more than double stock market growth and much more than the 10% growth in a typical worker’s compensation over the same period. In 2013, average CEO pay was $24.8 million, and the CEO-to-worker compensation ratio was 510.7-to-1.

  Forbes | April 24, 2019
• A 3-Step Checklist for Your Retirement

  If you don’t have any retirement savings, don’t panic. You have plenty of company; more than half of American families have no retirement savings, according to the Economic Policy Institute.

  The Motley Fool | April 24, 2019
• 3 Economists Share Their Personal Retirement Strategies — and Their Biggest Money Mistakes

  Monique Morrissey, 52, a retirement economist at The Economic Policy Institute, had a string of low-paying jobs at non-profits when she started out in the working world, but she was never much of an obsessive saver. She lived off her student stipend and borrowed money from her brother to make rent every month during grad school.
  Money | April 24, 2019
• Teachers Are Paid Less Than Similar Professionals. See the Breakdown by State

  That’s according to an analysis by Economic Policy Institute, a nonpartisan think tank supported partially by teachers’ unions. The teacher weekly wage penalty reached a record 21.4 percent in 2018.

  Education Week | April 24, 2019
• New report: Record wage gap between teachers and other college grads

  The Economic Policy Institute issued an analysis today that found teachers were paid 21.4% less in 2018 in weekly wages than similar college graduates after accounting for education, experience, and other factors.

  The Atlanta Journal Constitution | April 24, 2019
• How student debt fuels inequality in one of the country’s most expensive places to live

  For a single person starting out on their own in the San Francisco metro area it takes roughly $69,000 to afford basic expenses, according to the Economic Policy Institute, a left-leaning think tank. “Once you pay your mortgage and put food on the table and get to and from work you don’t have a whole lot left over to pay your debt,” said Elise Gould, a senior economist at EPI.

  MarketWatch | April 24, 2019
• Here’s What School Teachers Earn In Every State

  Being so close to the nation’s capital isn’t doing Virginia any favors when it comes to housing prices or cost of living. According to the Economic Policy Institute, the cheapest metro area in the state is Richmond—and even there, you would need about $83,000 to live off of, almost $30,000 more than the average teacher makes.

  Reader's Digest | April 24, 2019

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