From 1980 to 2019, according to the Economic Policy Institute, there has been a continual increase in pay rates of high earners, graduates and professionals but low earners remained flat.
ABC News
May 6, 2022
Currently, about 63 percent of Starbucks employees make under $15 an hour, according to data from the Economic Policy Institute. It’s unclear how that percentage will change with union members and unionizing workers excluded from the pay raise.
Truthout
May 6, 2022
By 1990, voter indignation at the rising CEO-to-worker pay gap swelled to the point that Bill Clinton made it a major promise of his “Putting People First” campaign that if he was elected, he would put an end to it. Clinton got elected in 1993 and immediately said he would keep his promise. Let’s look at a graph prepared by the Economic Policy Institute that shows the rise in CEO to worker-pay ratio from the mid-1960s to 2018. Notice how after Clinton’s reform, the ratio skyrocketed.
People’s World
May 6, 2022
In the video, Pendleton cites the 2021 Economic Policy Institute report, which found that in 2020, CEOs of the top 350 U.S. firms made $24.2 million on average.
Fortune
May 6, 2022
“While much has changed” since the Haymarket bombing, arrests and frame-up of pro-worker activists in Chicago in 1886, “several core dysfunctions of that older economic system persist,” the Economic Policy Institute says.
People’s World
May 6, 2022
Barnette also has concerns about the racial wealth gap when it comes to Black and brown women. The Economic Policy Institute says a full-time Black worker earns 20% less than a full-time white worker.
Spectrum News
May 6, 2022
But college enrollment has fallen since 2020. Elise Gould with the Economic Policy Institute says the pandemic added new roadblocks for many minority and lower income potential students who may not have been able to come up with tuition.
Wisconsin Public Radio
May 6, 2022
According to the Economic Policy Institute, a nonprofit think tank, a family with two children, age four and eight, is projected to pay an average of $16,659 on child care in 2022. This amount varies across the country, however. In some states, child care costs are far lower than the national average, while in others, families are paying thousands more.
24/7 Wall St.
May 6, 2022
But the reduction in supply was met with increased demand as Americans started purchasing durable goods to replace the services they used prior to the pandemic, said Josh Bivens, director of research at the Economic Policy Institute.
CNET
May 6, 2022