According to the AAM, via the Economic Policy Institute, 3.7 million jobs have been lost to China since 2001, 2.8 million of which were in manufacturing.
Industrial Equipment News
January 21, 2020
The Economic Policy Institute compared figures from 1968 to 2018 and found:
- Black Americans’ life expectancy at birth has increased substantially (up 11.5 years) between 1968 and today, outpacing the increase for whites (up 7.5 years). But black Americans born in 2018, on average, still should expect to live about 3.5 fewer years than a white person.
- In 1968, 54.4 percent of 25- to 29-year-old black Americans had a high school diploma. In 2018, 92.3 percent in the same age range had a high school diploma.
- College graduation rates have risen for black Americans. Among 25- to 29-year-olds, 9.1 percent had a college degree in 1968, a figure that increased to 22.8 percent in 2018. Over the same period, however, college graduation rates expanded for whites at a similar pace, rising from 16.2 percent in 1968 to 42.1 percent in 2018.
- Black workers earn just 82.5 cents on every dollar earned by white workers.
- The median wealth for a black family is 10 times less than that of the median wealth of a white family.
- The incarceration rate is six times greater for black Americans than it is white Americans.
The Transylvania Times
January 21, 2020
Skinner cited a 2019 report by the Economic Policy Institute, which found that CEO compensation has soared 940% during the last four decades, while the pay of the average worker has remained flat. In the late 1970s, U.S. CEOs were paid only 30 times more than the average employee. Today, CEO compensation is hundreds, sometimes thousands, of times higher, she said.
Patch
January 21, 2020
Obviously, the job security of any CEO is dependent on the success of the company in which they operate. Yet the profession is unlikely to fall out of favor anytime soon, nor is it at risk of being automated, as the dynamism and decision-making skills needed by a leader are impossible to replicate artificially. That’s good news for those in this high-earning career: CEO compensation in America increased by a whopping 940% between 1978 and 2018, according to the Economic Policy Institute, while average worker pay had risen by just 12%.
Citizen Truth
January 21, 2020
Obviously, the job security of any CEO is dependent on the success of the company in which they operate. Yet the profession is unlikely to fall out of favor anytime soon, nor is it at risk of being automated, as the dynamism and decision-making skills needed by a leader are impossible to replicate artificially. That’s good news for those in this high-earning career: CEO compensation in America increased by a whopping 940% between 1978 and 2018, according to the Economic Policy Institute, while average worker pay had risen by just 12%.
MSN
January 21, 2020
As New Hampshire lawmakers consider re-establishing and raising the state minimum wage, some businesses may be thinking, “How could we possibly make that work?”
Concord Monitor
January 21, 2020
There are two arguments for why political candidates should not center inequality in the economic narrative they present to voters: an inequality focus is bad economics, or it’s not a short-term electoral winner. Both lack merit.
USA Today
January 21, 2020
In the mid-20th century, federal, state and local governments pursued explicit racial policies to create, enforce and sustain residential segregation. The policies were so powerful that, as a result, even today blacks and whites rarely live in the same communities and have little interracial contact or friendships outside the workplace.
The New York Times
January 21, 2020
The families of child care workers in the U.S. are twice as likely to live in poverty as those of other workers, according to the Economic Policy Institute.
Yakima Herald
January 21, 2020
The new research from the Economic Policy Institute says efforts to expand access to early education have focused on affordability for families, which has been substantially funded by keeping teacher pay and support very low.
Public News Service
January 21, 2020