This comes as the ratio of CEO-to-worker compensation increased to 320-to-1 in 2019, up from 293-to-1 in 2018. In 1965, that ratio was just 21-to-1, according to the Economic Policy Institute.
Yahoo Money
November 10, 2020
To answer my own question: Yes, it should be the priority. But that doesn’t preclude passing a federal infrastructure bill, which could be the vehicle for the stimulus spending the Biden administration is expected to pursue. As we argued in July, back before it became quite clear that the Trump administration and Congress weren’t going to cut a deal to help newly broke Americans, an industrial policy – including enhanced trade enforcement, workshare policies, consumer subsidies to purchase American-made automobiles, but most importantly infrastructure investment – should be included in the next Covid-19 economic relief bill. Spending on infrastructure, according to the Economic Policy Institute, would create millions of American jobs.
Alliance for American Manufacturing
November 10, 2020
But you are not broken, and you are certainly not alone. Even before the pandemic ended ten years of uninterrupted economic growth, roughly half of college grads (ages 21-27) were unemployed or worked in jobs that don’t require a degree. Within this cohort, Black grads have higher rates of joblessness and 40% are underemployed, according to data from the Economic Policy Institute. And with each passing year, underemployment gets harder and harder to escape.
Fast Company
November 10, 2020
Our victory was won because workers came together to fight for what’s right. And we’re joining a substantial group. According to the Economic Policy Institute, 43 percent of U.S. workers are on the path to $15.
Tampa Bay Times
November 10, 2020
United States unemployment for workers aged 16 to 24 tripled from 2019 to 2020, hitting 24.4 percent this spring, according to an October report by the Economic Policy Institute, a progressive-leaning think-tank based in Washington, DC.
Al Jazeera News
November 10, 2020
But even with uncertainty in the Senate, “there is no path to having a filibuster-proof majority in the Senate” to increase the federal minimum wage, said Heidi Shierholz, an economist at the Economic Policy Institute, a left-leaning think-tank based in Washington, D.C.
MarketWatch
November 10, 2020
A recent report from the Economic Policy Institute, a nonprofit, non-partisan think tank, estimated that around 6.2 million workers lost access to health insurance they got through their employers as a result of being let go since the onset of the coronavirus pandemic. That figure takes into account workers who were originally laid off but have since found new employment.
MarketWatch
November 10, 2020
Liberals say the perception that Obama saved the banks in 2008 and 2009 while letting homeowners go bust sowed the seeds of Trumpism. “One of the things Democrats have learned is that unless there is real change, that working people really do feel a difference, we would be setting the stage for another Trump. A different Trump, but another Trump,” says Heidi Shierholz, senior economist and director of policy at the Economic Policy Institute in Washington. “It is really important that economic growth is more broadly shared.”
Bloomberg Businesweek
November 9, 2020