Lily Garcia, former head of the National Education Association whose mother is from Panama. She serves on the president’s advisory commission on educational excellence for Hispanics and is a board member of the Economic Policy Institute.
USA Today
November 9, 2020
Caroline Hyde, Romaine Bostick & Taylor Riggs bring you the latest news and analysis leading up to the final minutes and seconds before the closing bell on Wall Street and tackle the presidential election, the jobs report and outlook of cannabis Guests Today: Julia Coronado of Macropolicy Perspectives, Jeffrey Solomon of Cowen, Irina Novoselsky of Careerbuilder, Brian Tanquilut of Jeffries, Kristina Hooper of Invesco, Boris Jordan of Invesco, Larry Adam of Raymond James, Elise Gould of Economic Policy Institute, Jeanne Zaino of Iona College.
Bloomberg TV
November 9, 2020
Wages haven’t grown significantly since the 1970s. According to the Economic Policy Institute, between 1979 and 2018, productivity has increased 6 times faster than wages. In other words, workers are now producing 69.3% more, but wages have only increased by 11.6%.
Refinery29
November 9, 2020
In San Francisco, voters approved a tax on companies whose executives earn more than 100 times the average salary of their workers. For each multiple of 100, the company will be on the hook for an additional 0.1% in taxes, up to a maximum of 0.6%.
Businesses based in the city, as well as companies that do business there, are subject to the tax. If that seems harsh, it’s actually pretty generous, given the numbers. American CEOs make 320 times as much as the average worker, according to the Economic Policy Institute, the largest discrepancy in the world.
That’s up 14% over last year. CEO pay has grown 940% since 1978, while wages have grown just 12%.
Ad Age
November 9, 2020
A study published by the Economic Policy Institute found that CEO compensation rose 14 percent in 2019 to $21.3 million. Chief executives now earn 320 times as much as a typical worker.
Corporate Secretary
November 9, 2020
And the sheer number of unemployed workers is still overwhelming. Economist Heidi Shierholz of the Economic Policy Institute noted that the economy is still roughly 10 million jobs shy of the employment level in February, before the pandemic took hold. About 1.3 million of those lost jobs are in state and local governments, mostly in education.
The Fiscal Times
November 9, 2020
According to the Economic Policy Institute, a nonprofit, nonpartisan think tank based in Washington, D.C., child care for infants, the most expensive age group to provide care for, costs New Hampshire families an average of $12,791 per year, or $1,066 per month.
NH Business Review
November 9, 2020
“The primary obstacle to a higher minimum wage throughout the country is Republican control of legislatures,” said David Cooper, senior economic analyst with the Economic Policy Institute, a non-profit think tank.
“Any time this question is put before voters, they overwhelming say they want a higher minimum wage,” he told the Thomson Reuters Foundation.
Christian Science Monitor
November 9, 2020
That prospect looms even as the COVID-19 pandemic has only made health coverage, and therefore the ACA, “more important than ever” says Parke-Sutherland. The Economic Policy Institute in Washington, D.C., has estimated at least 16 million Americans lost health coverage as a result of being unemployed because of the pandemic, including an estimated 264,000 in Wisconsin between March 15 and May 9 of this year.
Wisconsin Examiner
November 9, 2020
According to Pew Research the average wage of the American worker has the same purchasing power as it did in 1978, adjusting for inflation. Wages have remained the same, yet worker productivity has increased by over 60% in the same time period, according to the Economic Policy Institute.
The Maneater
November 9, 2020