“Over the last several decades, CEO pay has grown much faster than profits, the pay of the top 0.1 percent of wage earners, and the wages of college graduates,” Economic Policy Institute’s Lawrence Mishel and Jessica Schieder wrote in their analysis of CEO pay in 2018. “CEOs are getting more because of their power to set pay, not because they are more productive or have special talents or more education.”
Money and Markets
January 8, 2020
GUESTS
Adriana Kugler, Professor of economics and foreign policy, Georgetown University; former Chief Economist, United States Department of Labor (Obama Administration 2011 – 2013)
David Cooper, Senior economic analyst, Economic Policy Institute; deputy director, Economic Analysis and Research Network; @metaCoop
Sasha-Ann Simons, Race & Identity Reporter, WAMU 88.5; @SashaAnnSimons
Alabama Public Radio
January 8, 2020
A recent study by the Economic Policy Institute found that raising the minimum wage to $15 an hour by 2025 would lift earnings for more than 33 million workers across the country by almost $3,000 a year.
Public News Service
January 8, 2020
- The leisure and hospitality industry has the highest percentage of workers at or below minimum wage. (Economic Policy Institute, Labor Day 2019)
The Virginia Gazette
January 8, 2020
The Economic Policy Institute, a champion of raising the national minimum wage to $15, said workers in every region will soon need that amount to maintain a modest but adequate standard of living.
Daily Press
January 6, 2020
About 8 percent of Maine’s 679,000 workers earned at or below minimum wage in 2018, according to available state labor data. The Economic Policy Institute, a national left-leaning nonprofit focused on issues affecting lower- and middle-income workers, puts that figure much higher, estimating 102,900 workers in Maine will directly benefit from the 2020 wage increase because they currently earn less than $12 an hour. That will translate into a pay jump of $1,266, on average, for those workers during the year, according to the analysis.
Nationwide, nearly 7 million workers in 22 states will see their pay increase because of changes in the state or local minimum wage, the Economic Policy Institute reported.
Sun Journal
January 6, 2020
Later this year, four more states and 23 additional localities will also raise their minimum wage, with 15 of them increasing to $15 or more. The Economic Policy Institute, a left-leaning research firm, says that at the start of 2020, approximately 7 million workers are already benefiting from higher wages.
The Hill
January 6, 2020
According to the Economic Policy Institute , Arizona is one of 29 states, plus Washington, D.C, that have a minimum wage higher than the federal minimum wage of $7.25, which hasn’t changed since 2009.
Arizona Public Media
January 6, 2020
The hourly minimum went up by as little as 10 cents an hour in Florida to $1.50 in Washington state, according to the Economic Policy Institute. States from Alaska to Alabama and from California to Maine recognize that working people need a wage boost to survive in an economy that’s rigged in favor of the wealthy and corporations.
AFSCME Now
January 6, 2020