CEO pay has increased 1,008% between 1978 and 2018, while typical worker pay has edged up 12%.
That’s according to analysis from the left-leaning Economic Policy Institute, providing new data on the depth of income inequality.
MarketWatch
August 16, 2019
A new study by the Economic Policy Institute provides one of the most detailed looks at historic CEO and worker pay and finds the game is fixed. Average CEO pay has risen by an astounding 940 percent since 1978, and during that same 40-year period worker pay rose just 12 percent.
Urban Milwaukee
August 16, 2019
CEO compensation has increased by 1,007.5% over the past three decades while workers have seen their pay rise by about 12%, according to a new report by the Economic Policy Institute (EPI).
“CEO compensation is really high, and it’s really grown tremendously over the last four decades,” Lawrence Mishel, an economist at the D.C.-based left-leaning think tank told Yahoo Finance. “Workers have not done very well at all. This really matters because CEO compensation sets the pattern for executive pay more broadly and has helped fuel the growth of the top 1%.”
Yahoo Finance
August 16, 2019
CEOs at America’s 350 top public firms earned 278 times more than their typical employee in 2018, according to a study from the Economic Policy Institute released Wednesday.
Newsweek
August 16, 2019
Economists at the liberal Economic Policy Institute say paying tipped workers the minimum wage increases earnings and reduces poverty among these employees. Since the law was never enacted, it’s impossible to know how the increased wage would have impacted employment.
Business Insider
August 16, 2019
To determine the most expensive places to raise a family, 24/7 Wall St. reviewed median cost of living data from the Economic Policy Institute for a family of four — two parents and two children — for each U.S. county and county equivalent. Only counties and other equivalent areas with at least 10,000 residents were considered. Data on the median family income, monthly childcare costs, and population also came from EPI.
24/7 Wall St.
August 16, 2019
The Economic Policy Institute found Wisconsin ranks 20th in affordability..
According to the Economic Policy Institute, the average annual cost of infant care in Virginia is $14,063—that’s $1,172 per month. Child care for a four-year-old costs $10,867, or $906 each month.
WQOW
August 16, 2019
WRIC reported that the study, from the Economic Policy Institute, looked at child to teacher ratios, how qualified the teachers are, the building’s rent, feeding the children and utilities.
ABC 13 News
August 16, 2019
A new study from the Economic Policy Institute found Minnesota is the fourth most expensive state for child care. The average annual cost of sending an infant to a day care center is $16,087.
CBS Minnesota
August 16, 2019
MARATHON COUNTY, Wis. (WSAW)– A new report from the Economic Policy Institute shows child care in Wisconsin costs more per year than in-state public college. Local providers and businesses are looking at ways to raise awareness about the need for quality care that people can afford.
The study reports that the average Wisconsin family could spend more than 18 percent of its income on child care.
WSAW 7
August 16, 2019