Media clips

• Discovery CEO is paid 3,000 times more than his typical employee
  Median CEO pay in 2020 came in 351 times higher than the typical worker’s, according to the Economic Policy Institute (paywall).
  Crain’s New York Business March 18, 2022
• House passes bill to end mandatory arbitration of legal disputes

  More than 60 million private-sector, nonunion workers are subject to mandatory arbitration agreements, a number that has grown steadily in recent years, according to the left-leaning Economic Policy Institute.

  Reuters March 18, 2022
• Verizon Sends in Union Busters Against Washington Workers

  Union-busting tactics are disturbingly common. The Economic Policy Institute found in 2019 that employers are charged with breaking labor law in 41.5 percent of all union election campaigns — meaning that they illegally intimidate employees through terminations, disciplines, or threats.

  Jacobin March 18, 2022
• Fed Raises Interest Rates to Contain Inflation: Here’s What This Means for You

  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 March 18, 2022
• Stop blaming workers for inflation: Corporate greed is a much bigger factor

  The data are clear: Corporations – not workers – are to blame for recent price hikes. Research from the Economic Policy Institute looks at 110 industries and finds that there is no correlation between price acceleration and wage growth. Simply put, wage increases are not driving prices up. 

  Salon March 18, 2022
• Making the most of Intel for everyone

  According to the Economic Policy Institute, the cost of a modest but adequate standard of living in the Columbus metropolitan area for a family of one adult and two children is $70,190 a year.[11]

  Policy Matters Ohio March 18, 2022
• Union Buster Tracker Aims to Help Union Organizing

  While an Economic Policy Institute report found in 2019 that union-busting is a $340-million-per-year industry, Funk says the industry is much larger since so much union-busting goes on in the dark.

  Payday Reports March 18, 2022
• Fact-checking Ted Cruz’s ‘Real State of the Union’

  Understanding wage patterns also depends on what numbers you look at. Josh Bivens, research director of the left-leaning Economic Policy Institute, wrote in an email to PolitiFact Texas the statement does not seem accurate.

  Politifact March 18, 2022
• Female-dominated careers pay less as gender gap persists

  The Economic Policy Institute found typical domestic workers are paid $12.01 per hour and these workers are three times as likely to be living in poverty as other workers. They are also three times as likely to be living in poverty or be above the poverty line but still without sufficient income to make ends meet. 

  The Hill March 18, 2022
• 3 numbers to know this week

  The hourly rate needed for a full-time worker with no children to live in Orangeburg County, South Carolina, which currently boasts the lowest cost of living in the US, according to Insider. This figure, obtained from the Economic Policy Institute’s family budget calculator, is double the federal minimum wage, which hasn’t budged from $7.25 since 2009.

  Morning Brew March 18, 2022