EPI in the news

• Historic rise of college-educated women in labor force changes workplace

  Elise Gould, senior economist at the Economic Policy Institute, said that women also look to further their education just to get the same returns as men who achieve lower levels of education. In other words, the wage gap at different education levels might be pushing the female desire to earn advanced degrees.

  The Wall Street Journal | August 20, 2019
• Groups aim to put STEM majors in the classroom to solve teacher shortage

  Math and science educators are a close second to special education when it comes to shortages nationwide, according to a 2016 report by the Economic Policy Institute. While more than half of U.S. school districts report difficulties in recruiting and retaining qualified STEM teachers, the situation is exacerbated for schools serving primarily Black and Brown students. More than 90 percent of districts with large African American and Hispanic and Latinx populations report significant struggles with hiring and keeping high-quality STEM teachers, according to The74, an education news site.

  Insight Into Diversity | August 20, 2019
• Details in new contract for Kaneland teachers made public

  Kaneland, like many other school districts, has not been immune to teacher retention, and a recent Economic Policy Institute study reported that “the teacher shortage is real, large and growing, and worse than we thought.”

  Kane County Chronicle | August 20, 2019
• Top CEOs say it’s time to look beyond maximizing shareholder value

  This is a tricky time for America’s top executives, though, with CEO/worker pay inequality growing. A recent study from the Economic Policy Institute, a nonprofit think tank that proposes and assesses public policies that protect and improve the economic conditions of low- and middle-income workers, found that from 1978 to 2018, CEO compensation rose roughly 940% while the average worker wage rose 12%. During that time, the study states, the S&P 500 rose just over 700%.

  Think Advisor | August 20, 2019
• The crippling effect another recession could have on black America, explained

  According to a report from Pew last year, Black people had the lowest household income among all of the races. It was more than $10,000 fewer than the next closest group (Hispanics). The Economic Policy Institute warned that another recession would probably increase that household income gap while also reducing the amount for Black families.

  News One | August 20, 2019
• Small gains for workers as CEO pay rises 940%

  That is what the Economic Policy Institute, a nonprofit think tank based in Washington, D.C., that focuses on the low- and middle-income Americans, found in a study released last week.

  “In our view, the CEO compensation and escalation is not reflective of some big gaining of skills or improved contribution to their firm’s performance or the economy,” said co-author Lawrence Mishel, a distinguished fellow with the Economic Policy Institute. “That means we could tax away half of what they take in, and I think the economy would be the same size.”

  York Dispatch | August 20, 2019
• Paradigm shift: Business Roundtable declares need to address income inequality

  An analysis released Aug. 14 by the Economic Policy Institute, a left-leaning think tank, found that chief executive compensation had grown 940% since 1978, by one measure, while typical worker compensation had risen just 12% over the same period.

  Business Report | August 20, 2019

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