Media clips

• The typical S&P 500 CEO made 324 times more than the median-paid worker last year: report
  In fact, the value of the federal minimum wage is at its lowest point since 1956, according to the left-leaning Economic Policy Institute. (paywall).
  MarketWatch July 20, 2022
• The Value of the Federal Minimum Wage Is at a 66-Year Low

  A report by the Economic Policy Institute (EPI) released last week finds that since the $7.25 an hour wage was established in 2009, its real value has declined 27 percent, bringing the value of the federal minimum wage to its lowest point in 66 years.

  Truthout July 20, 2022
• MSCS reports over 200 teacher vacancies three weeks before school starts

  Even before COVID, U.S. schools were struggling to fill open educator positions for over a decade: Between the 2008-09 and 2015-16 school years, the number of people graduating with education degrees decreased more than 15%, according to a recent Economic Policy Institute report.

  Chalkbeat July 20, 2022
• How inflation cuts into the value of the federal minimum wage

  According to a new report from the Economic Policy Institute, the value of the federal minimum wage has reached a historic low, as the consumer price index showed record inflation in the month of June.

  Marketplace July 20, 2022
• High inflation leads federal minimum wage to reach lowest value since 1956, report finds

  Record high inflation has pushed the value of the federal minimum wage down to the lowest level in 66 years, according to a new analysis from the Economic Policy Institute.

  CNBC July 20, 2022
• A recession would be worse than this

  “The data is saying we have time to be flexible,” says Josh Bivens, who makes this point in a new column from the Economic Policy Institute.

  Axios July 20, 2022
• The federal minimum wage hasn’t gone up in 12 years—and is at its lowest value since 1956

  The federal minimum wage is at its lowest value since February 1956, analysis from the Economic Policy Institute shows.

  CNBC July 20, 2022
• July 22, 2022
  July 20, 2022
• In the Face of Federal Inaction, Local Governments Tackle Labor Issues

  Gerstein, a senior fellow at the Economic Policy Institute, co-authored a recent EPI report that documents a remarkable range of activity among local governments in the areas of worker protection — territory that, until perhaps a decade ago, almost never fell to them to design and implement.

  Capital and Main July 20, 2022
• The federal minimum wage hasn’t gone up in 12 years—and is at its lowest value since 1956

  The federal minimum wage is at its lowest value since February 1956, analysis from the Economic Policy Institute shows.

  CNBC July 20, 2022