Across the Atlantic, the picture is even more extreme. Analysis by the Economic Policy Institute, a Washington DC-based think tank, showed chief executives of the 350 largest US companies earned an average $21.3m (£16.9m) in 2019. This puts the CEO-to-worker pay ratio at 320 to 1 – more than five times the level in 1989.
BBC
January 27, 2021
The Economic Policy Institute, which advocates for raising the wage, estimates that raising the minimum to $15 by 2025 would lift pay for nearly 32 million workers — or 21 percent of the U.S. workforce — and inject $107 billion in higher wages into the economy.
Politico
January 27, 2021
According to a study of the bill by the Economic Policy Institute, raising the federal minimum wage to $15 would lift the pay of nearly 32 million workers, or 21% of the U.S. workforce.
The study also said that it would aid in narrowing the racial pay gap as 31% of Black Americans and 26% of Latinos make the federal minimum wage.
Breitbart
January 27, 2021
“A few years ago you hardly heard about college graduates taking unpaid internships,” the Economic Policy Institute’s Ross Eisenbrey told The New York Times in 2012, a statement that now feels bleakly quaint. “But now I’ve even heard of people taking unpaid internships after graduating from Ivy League schools.”
The New Republic
January 26, 2021
Nationally, 3,878,000 Americans were considered long-term unemployed (having gone six months without work while looking for work) as of December. That number accounts for fully a third of all unemployed Americans, and the Economic Policy Institute’s Elise Gould tells Bloomberg the percentage is “going to be continuing to rise.”
Grub Street
January 26, 2021
The last time the federal government raised the minimum wage was more than 11 years ago. It’s the longest span of time without an increase in just over 80 years. Now that President Biden is in office and Democrats control the House and Senate, a proposed $15 an hour minimum wage looks possible. But the question still lingers, especially in a pandemic: will this harm or hurt the economy? David Cooper, a senior economic analyst and deputy director of the Economic Analysis and Research Network for the Economic Policy Institute, talks to the Standard.
Texas Standard
January 26, 2021
A separate report issued by the Economic Policy Institute (EPI) revealed that the impact was even greater on non-white younger workers. In the spring of this year, the unemployment rate for Asian American/Pacific Islander workers under 25 was 29.7%. Young black and Hispanic workers followed closely, at 29.6% and 27.5%.
Louisville Courier Journal
January 26, 2021
One target may be a 2019 advice memo opining that Uber drivers aren’t employees with labor rights under the NLRA, said Celine McNicholas, a former Obama-era NLRB official who works as labor counsel and director of government affairs at the left-leaning Economic Policy Institute.
Bloomberg Law
January 26, 2021
The “paid opportunity” promises $500 for 1 day of filming and an additional $1500 if the story is used—much higher than what most ride-hail drivers earn in net income each month, according to a study from the Economic Policy Institute.
VICE
January 26, 2021