Wage growth grew 2.9 percent from last year, disappointing analysts but beating the pace of inflation. Elise Gould, senior economist at the Economic Policy Institute, wrote in a blog post that the wage growth was slower than it should be in an economy with such low unemployment.
“There’s a chance the recent low of 2.9 percent is a blip, but it’s certainly a troubling sign and something to watch in coming months,”
Newsweek
October 4, 2019
“What to Watch on Jobs Day How big is the teacher shortfall?” from the left-leaning Economic Policy Institute
Politico
October 4, 2019
Since 1978, CEO compensation has grown 940% while the average worker’s wage has increased only 12% throughout the same period, the Economic Policy Institute (EPI) reports.
Human Resources Director
October 3, 2019
This yawning CEO-worker pay gap was not always thus. The Economic Policy Institute found CEOs at the top 350 publicly traded firms earned 20 times what the typical worker was paid in 1965. That rose to 58 times worker pay by the late 1980s and kept rising, peaking at a ratio of 344-to-1 in 2000. The gap shrank during the Great Recession but is now back to the chasm-like ratios of the early 2000s.
The Washington Post
October 3, 2019
The Economic Policy Institute has found that universities increasingly depend on graduate assistants and non-tenure track faculty, as the growth of those positions outpaces the growth of tenured and tenure-track positions, which have significantly higher pay and offer much more stability. Not only does that leave graduate students with more work while they’re in schools, but it also means their future job prospects are diminished after graduation as well.
Truthout
October 3, 2019
Rothstein is a senior fellow at the Haas Institute for a Fair and Inclusive Society at UC Berkeley. He’s also a distinguished fellow at the Economic Policy Institute and a senior fellow, emeritus, at the Thurgood Marshall Institute of the NAACP Legal Defense Fund. He lives in Berkeley.
Davis Enterprise
October 3, 2019
According to the Economic Policy Institute from Bureau of Labor Statistics and Bureau of Economic Analysis, each $1 million spent on construction creates 5 ½ direct jobs and 10.9 indirect jobs. The $26.3 million in Wilson historic rehabilitation projects supports 431 jobs, which is roughly equivalent to a local manufacturing plant’s workforce. Albanese said the hotel is expected to employ 33 people once open, but the construction will support hundreds more jobs.
Johnstonian News
October 3, 2019
Spend any time among the strikers right now and a picture emerges that should challenge one of the most broken assumptions about working-class life. Its icon is a middle-aged white man with rough hands and a long list of “what might have been”s. This image holds to this day despite being nonsense. By 2032, the Economic Policy Institute projects, a majority of the working class will be people of color. And nearly half of working-class adults are women. Right now the country’s most high-profile contract negotiations are underway in an iconically working-class profession. Those negotiations are being jammed up over the status of the most vulnerable, disposable class of workers—workers who tend to be Black and Brown. The GM picket line offers a glimpse of the new working-class arrangement, and it calls to mind a different sort of struggle, against a different set of “tiers.” Today’s fight for workplace equality doesn’t look all that different from yesterday’s fight for social equality.
Mother Jones
October 3, 2019
The bitter irony is that this bill will likely not help Indian or Chinese applicants all that much. The backlog is so great that all this will do is lower their wait-times by a few years — while dramatically increasing everyone else’s. According to Daniel Costa, director of Immigration Law and Policy Research at the Economic Policy Institute in Washington, D.C., the wait times for everyone will even out to be seven or eight years.
San Francisco Chronicle
October 3, 2019
Regarding the teacher “pay gap,” Biggs and Richwine take issue with The Economic Policy Institute, an NEA supported group, which claims that teachers’ salaries are 21 percent lower than similar college educated private-sector workers in the U.S. But as Biggs and Richwine explain, the report assumes that “in comparing teachers’ salaries and private-sector pay, educational attainment is a skewed variable because it assumes that quantity of education equals quality of education.”
California Policy Center
October 3, 2019