A 2018 study from the left-leaning Economic Policy Institute showed productivity increased by 252.9% since 1979, while hourly compensation increased by 115.6%.
Indianapolis Recorder
November 18, 2019
A recent report from the Economic Policy Institute found CEO compensation has increased by 1,007.5% over the past three decades while workers have seen their pay rise by about 12%.
Yahoo Finance
November 18, 2019
Wisconsin has some of the worst disparities between black and white people in the country. That’s according to a new report that outlines the causes of these disparities — and possible solutions.
WUWM
November 18, 2019
To boost Montana’s economy without sacrificing livability and displacing people who are already here, a more equitable and effective place to start would be raising the minimum wage. At $8.50 an hour, Montana’s minimum wage is higher than the federal requirement, but still less than half of what minimum wage would be if it had kept pace with gains in productivity ($19.33 an hour, according to the Economic Policy Institute).
The Missoulian
November 18, 2019
In 2017, 23.1% of people over the age of 66 lived in poverty. According to the Economic Policy Institute, 48% of the elderly population are “economically vulnerable,” meaning their income is less than two times the supplemental poverty threshold. In 2017, 5.5 million seniors were food insecure.
The State Press
November 18, 2019
“We estimate that approximately 70,000 people on Long Island are receiving supplemental food support from these sites each week. The Economic Policy Institute estimates a family of two adults and two children in the Nassau and Suffolk metro area would need to earn a combined $139,545 per year (or $11,629 per month) to live comfortably on Long Island,” she said.
Newsday
November 18, 2019
We pretend that hard work automatically equals wealth, but while the Economic Policy Institute reports that productivity increased by 69.6 percent between 1979 and 2018, hourly pay only increased by 11.6 percent. That doesn’t seem quite right, especially when you consider that CEO compensation has grown by 940 percent since 1978. Someone’s benefitting from the current economic conditions, but it’s not most ordinary Americans.
Post Register
November 14, 2019
According to David Cooper, an analyst with the Economic Policy Institute, raising the minimum wage to just $10.10 would annually reduce government expenditures on current income-support programs by at least $7.6 billion.
The Urban News
November 14, 2019
The Economic Policy Institute claims that if we were to gradually raise the minimum wage to $15, it would benefit workers, companies, and the economy. But the minimum wage isn’t the only workplace financial issue affecting employees: Wage theft is widely prevalent across all industries, from minimum wage work to upper-level executives.
Martindale
November 14, 2019
In fact, Arizona would be among the hardest hit if Obamacare is repealed: 160,456 Arizonans would lose the health-care coverage they now access via the ACA marketplace. And 41,982 Arizona jobs would be lost, according to the Economic Policy Institute.
AZ Central
November 14, 2019