HONOLULU, Hawaii (HawaiiNewsNow) – The average cost for infant care in Hawaii is more than $1,100 a month ― or nearly $14,000 a year ― according to a recent report from the Economic Policy Institute.
Hawaii News Now
August 16, 2019
The study, from the Economic Policy Institute, revealed childcare is two percent less expensive than average monthly rent in Virginia. 8News spoke to one family who said they pay almost double their mortgage to send their two children to daycare.
ABC 8 News
August 16, 2019
For starters, compensation to CEOs and executives has surged. (see Figure 3) A study by the Economic Policy Institute found a 17.6 percent jump in pay at the very top from 2016 to 2017,21 and the available evidence for CEO compensation this year suggests another robust year.22 Highly compensated financial sector professionals—such as hedge fund and private equity fund managers—also constitute a sizable portion of those at the top who have enjoyed a significant expansion in income.23
Center for American Progress
August 16, 2019
It’s a wild story best told wildly, and it goes something like this: Some very smart and very ambitious people decided that profits, like hope, ought to spring eternal. Boosted by a host of factors that enabled them to take their businesses global, they saw their fortunes soar; this is why, in 1978, the average American CEO was making 30 times as much as his or her company’s lowest paid employee, and why that number has since soared to 271 times, according to the Economic Policy Institute.
Tablet Mag
August 16, 2019
- CEO compensation rose 940% from 1978 to 2018, compared with a 12% rise in pay for the average American worker during the same period, according to the Economic Policy Institute.
“CEOs are getting more because of their power to set pay, not because they are increasing productivity or possess specific, high-demand skills,” economist Lawrence Mishel and research assistant Julia Wolfe said in the report from the Economic Policy Institute, a left-leaning think tank.
CBS News
August 16, 2019
The strength of a union comes from its numbers. Individually, it is difficult for people to effect meaningful change, but when banded together, people can change the world. That is why business leaders since time immemorial have spent ungodly amounts of money trying to squash union efforts. Unions helped bring about the end of child labor while giving us improved work conditions, the eight-hour work day, and paid time off as well as better pay, all of which cost business owners more money. They hate that. Furthermore, an August 2016 study from the Economic Policy Institute found that a decline in union membership even lowered wages for people who don’t belong to unions — that’s how powerful and meaningful unions are. Unions help establish standards to which even non-union employees eventually hold their employers. To cross a picket line is to make a choice to weaken the collective to enrich or make things more convenient for oneself. That’s why much was made last October when the Yankees, in Boston, crossed a picket line by staying the Ritz-Carlton where workers were striking.
NBC Sports
August 16, 2019
Known as a Distinguished Fellow at the Economic Policy Institute, Richard Rothstein, in his latest book, gives us a sweeping and disturbing historical analysis of how the United States government segregated nearly all of our major cities across the country, through numerous racially discriminatory housing policies. In The Color of Law, he delves into issues such as bank redlining, exclusionary zoning practices, public housing, restrictive housing covenants, and borrowing and lending practices for buying homes of which all were carefully created and sanctioned directly by the government at the federal, state, and local level to impose racial segregation among our communities nationwide.
Medium
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
It “indicates that workers are feeling more confident in their jobs prospects to quit in search of better opportunities,” writes economist Elise Gould of the Economic Policy Institute.
VOX
August 16, 2019
Buttigieg’s plan cites a 2015 analysis from the Economic Policy Institute, a left-leaning think tank whose board is filled with union leaders, that found wages in right-to-work states were 3.1% lower than for similarly situated workers in other states.
The Detroit News
August 16, 2019