Michael you know I read Heidi Shierholz over at the Economic Policy Institute they got a lefty feel, all the conservatives read it as well, but they do great great labor work. 29 million to 33 million workers in someway affected how will they be counted tomorrow in the jobs report well will come a lot less at least if history is any guide, the labor Department numbers for the unemployment insurance program that she may be referring to are much much higher than the number of unemployed counted by the bureau of labor statistics in the monthly reports.
Bloomberg Radio
October 2, 2020
Researchers from the Economic Policy Institute report that executive pay grew by more than 1,000 percent from 1978 to 2018—nearly 100 times the 11.9 percent growth for average workers—and serious conflicts of interest are embedded in addressing the pay gap within businesses (not to speak of income inequality more broadly). But for most businesses, addressing climate risk appears less plagued by conflicts of interest of this sort. Environmental responsibility and risk management could grow faster relieved of the burden of the conflicts of interests attached to other ESG concerns.
Stanford Social Innovation Review
October 2, 2020
n top executive ranks, 85% of positions are held by whites, per a CNBC report, while the Economic Policy Institute found that women and minorities continue to earn less than their male colleagues.
Forbes
October 2, 2020
Hero MotoCorp’s CEO earns 752 times more than the median salary at the Indian motorcycle manufacturer. That was the largest of the CEO pay gaps found by a pair of economists studying pay at 40 listed companies in India. For comparison, in the US, the average CEO-to-worker pay ratio in 2019 was 320-1, according to the Economic Policy Institute.
Quartz
October 2, 2020
Ironically, the most common retirement savings account, the 401(k) plan, is not delivering adequate savings, according to the Economic Policy Institute. Americans ages 56 to 61 had a median 401(k) balance of just $21,000 in 2016, the institute found, using Survey of Consumer Finance data.
CNBC
October 2, 2020
Though redlining is no longer government policy, its consequences are still with us. According to the Economic Policy Institute, just 13 percent of white students attend a school that has a majority of Black students, while nearly 70 percent of Black students do. Black wealth trails badly behind white wealth; the former is more likely to live in an area with lower home values and, because of disparities in income, many Black Americans have not been able to build up enough wealth to buy a home in the first place.
VOX
October 2, 2020
“We just cannot get out of this — the hole that we’re in — in any reasonable way, without doing huge scarring, without a much stronger care infrastructure,” Heidi Shierholz, a senior economist at the Economic Policy Institute, told Bloomberg.
The Grio
October 2, 2020
Heidi Shierholz, senior economist at the Economic Policy Institute, told CNN that the pandemic’s impact on working moms will have long-term effects on their income and presence in the labor force. “We know that women still shoulder the majority of the responsibility for care work. When these care work demands go up it’s totally reasonable to assume that this falls more to women than men,” Shierholz told CNN. “Women will see income declines, because of cutting back hours and some will just end up dropping out. All of this exacerbates gender inequality.”
Motherly
October 2, 2020
The Economic Policy Institute has estimated that failure to provide support to local government could cost 5.3 million jobs through 2021.
Agence France Press (AFP)
October 2, 2020
In 2016, the typical white family had a net worth nearly 10 times that of a Black family, according to a Brookings Institute analysis. Moreover in 2019, the average wage gap between a Black and white worker in the U.S. was 26.5%, according to the Economic Policy Institute.
ABC News
October 2, 2020