Nebraska consistently tops the rankings in workforce participation, including ranking second in the percent of married couple families who both work. With parents at work, what are we supposed to do with all these kids? How are families going to pay for all this unexpected childcare? It is already cost burdensome; Nebraska is one of 33 states where childcare costs more than college, according to the Economic Policy Institute.
Lincoln Journal Star
August 20, 2020
These statistics started being discussed in class without any regard for Black students. Often, when Black issues are brought up, teachers forget that Black students are living the reality they are debating. It was never brought up that Black and Brown people make up the majority of the nation’s essential workers — from food and agriculture to commercial and service industries, according to the Economic Policy Institute. This makes them extremely susceptible to COVID-19. In predominantly white schools, Black and brown people are put in a box for white students to pity without giving context to why they are in the box in the first place.
YR Media
August 20, 2020
DON’T FORGET TO JOIN ME THURSDAY — I’ll be hosting a virtual Democratic Convention briefing on Thursday at 1:00 p.m. on what a Biden administration would do with the economy featuring Jared Bernstein, who served as chief economic adviser to Biden in the White House; Rep. Don Beyer (D-Va.), Vice Chair of the Joint Economic Committee; and Heidi Shierholz, senior economist at the Economic Policy Institute and former chief Department of Labor economist under Obama. RSVP here.
Politico
August 20, 2020
The Economic Policy Institute, a left-leaning think tank, found that chief executives of the United States’ 350 largest companies earned an average of $21.3 million in realized compensation in 2019, setting the ratio of CEO-to-worker pay at 320 to 1, up from 293 to 1 in 2018 and more than five times as high as the 61-to-1 ratio in 1989.
The Washington Post
August 20, 2020
Other industrialized countries have also seen rising inequality, but the decline in worker power is particularly acute in the United States. From the 1980s to the late 2010s, the labor share of income in the United States—essentially, the percentage of overall income that ends up going to workers—fell by four percentage points, in effect a decline of hundreds of billions of dollars per year. Over the same period, U.S. workers lost key protections: collective-bargaining agreements cover less than 12 percent of workers (and only seven percent of private-sector workers) in the United States, compared with 98 percent in France, 80 percent in Italy, and 56 percent in Germany.
Foreign Affairs
August 20, 2020
CEOs at the top 350 firms in the US were paid $21.3 million on average last year, a 14% increase over the year before, as top executives continue to see their compensation skyrocket, according to a report out Tuesday by the left-leaning Economic Policy Institute.
Fox Business
August 20, 2020
“We cannot ignore that many people just cannot quit their jobs,” said Heidi Shierholz, senior economist at the Economic Policy Institute.
CNN
August 20, 2020
CEOs made 320 times more than what their typical worker earned last year, according to a new report from the Economic Policy Institute (EPI), part of a decades-long trend of rapidly growing compensation for corporate America’s top execs.
Yahoo Finance
August 20, 2020
EPI reports that CEO earnings soared in 2019 and, despite the coronavirus recession, are poised to rise again in 2020 as millions of workers are laid off or had hours and pay cut.
Teamsters
August 20, 2020