The Economic Policy Institute this year put the annual cost of infant care at $16,945 in California, where the median family income is $68,034. That means a California family earning that level of income is spending about a quarter of its income on childcare.
Pasadena Star-News
October 2, 2019
According to the Economic Policy Institute (EPI), a nonprofit think tank, the average annual cost of infant care in Florida is $9,238. Meanwhile, the cost for 4-year-olds is on average $7,282 per year. For new parents, the numbers can cause sticker shock.
Orlando Family Magazine
October 2, 2019
But there’s no question that the gap between CEO pay and workers’ pay is obscene. In 2018, according to the Economic Policy Institute, the ratio of CEO to median worker’s pay at top corporations last year was a remarkable 278 to 1 (or 221 to 1 depending on which measure you use to account for stock options). At some large corporations, the ratio is over 1,000 to 1. Over the past 40 years, while worker pay has only grown by 12 percent in inflation-adjusted terms, CEO pay has grown by more than 1,000 percent.
The Washington Post
October 1, 2019
In 2018, CEOs earned $278 for every $1 a typical worker earned, according to a recent study from the left-leaning Economic Policy Institute. In 1965, top corporate chiefs earned $20 for every dollar a typical worker earned, the study found.
CBS News
October 1, 2019
Prior to the 1970s, the gap between executive pay and that of ordinary workers at their companies was dramatically narrower. CEO compensation, including stock options, at the biggest 350 firms grew 940% since 1978, even as typical worker pay climbed just 12% over the same period, according to an analysis by the Economic Policy Institute. The EPI analysis, which looks at average, rather than median, worker compensation, found that the CEO-to-average worker pay ratio went from 20-to-1 in 1965 to 58-to-1 in 1989 to 278-to-1 in 2018.
Huffington Post
October 1, 2019
An annual Economic Policy Institute analysis published last month found that the average take-home pay of chief executives at the largest 350 U.S. companies in 2018 was $17.2 million, 278 times that of the average worker. Federal data released last week showed that income inequality in the United States hit its highest level ever recorded in 2018, contrary to President Donald Trump’s recent claim that “inequality is down.”
Common Dreams
October 1, 2019
The Economic Policy Institute, a nonpartisan think tank that focuses on the needs of low- and middle-income workers, argued against a decision by the National Labor Relations Board’s general counsel that human cloud, ride-sharing drivers for Uber Technologies Inc. are independent contractors.
Staffing Industry Analysts (SIA)
October 1, 2019
NJPP Research Director Nicole Rodriguez contended that the salary threshold should be much higher, given that before 2004 the last time the federal threshold was set was in 1975. Experts at the Economic Policy Institute agreed.
NJ Biz
October 1, 2019
Many child care providers are teetering at the minimum wage edge, according to a recent study from the Economic Policy Institute and UC Berkeley’s Center for the Study of Child Care Employment.
KCRW
October 1, 2019
That was one of the data points in a new analysis from 24/7 Wall St., which examined the county in each state that is the most expensive to live in. The Economic Policy Institute’s Family Budget Calculator was used to determine the local cost of living, which includes housing, food, health care, transportation and other necessities.
The Center Square
September 30, 2019