Companies will need to focus on restoring trust. A panel discussion with JUST Capital CEO Martin Whittaker, CNN global business columnist Rana Foroohar, Trust Edge Leadership Institute CEO David Horsager, and Economic Policy Institute president Thea Lee explored the growing lack of confidence in the capitalist system.
NACD BoardTalk
September 30, 2019
On average, child care in Louisiana costs $149 a week, according to the Economic Policy Institute — about 43% of what Thomas brings home. In New Orleans, prices can go to nearly $260 a week.
NOLA.com
September 30, 2019
This year’s Gini index tells us that America has not become a poor country but an unfair country. The poor aren’t necessarily making less money, but as the wealthy get wealthier, people on the bottom end of the income scale are running in place. Thursday’s data “showed an increase of 0.2 percent in the inflation-adjusted median household income for the country as a whole — an increase of just $130 for a typical U.S. household and a slowdown in growth compared to the past three years,” explained the left-leaning Economic Policy Institute.
NY Mag
September 30, 2019
“Things are generally getting better because the economy is still growing, but it seems like what improvements we’re making are slowing down,” said David Cooper, a senior economic analyst at the Economic Policy Institute, a progressive think tank.
The Hill
September 30, 2019
Everyone knows that you can expect to earn more, as a general rule, as you “move up the ladder.” So, it’s easy enough to accept that your boss earns more than you do. But, should CEOs really be earning 221 times more than the typical worker? A new report from the Economic Policy Institute (EPI) investigates the growing disparity between worker and CEO pay. It finds that CEO compensation at the 350 largest U.S. firms has grown 940.3% since 1978. Meanwhile, compensation for typical workers at those firms rose just 11.9% during that time.
PayScale
September 27, 2019
These issues not only affect Black men, but most Black women as well. The lives of Black women has been a lengthy discussion, particularly in reference to their over encumbrance in the Black community. Many Black women are experiencing the second shift, which sociology professor Arlie Russell Hochschild defines as the job of being double burdened with the role of working and parenting, with little to no assistance. When it is taken into account how many Black men are not present within Black homes – either by choice or force – it becomes very apparent that many Black women are experiencing this second shift in full effect. Based on a study composed in 2017, the Economic Policy Institute reported that “more than two-thirds of all African American working mothers are single moms, making them the primary, if not sole, economic providers for their families.”
Southern Digest
September 27, 2019
Eight states already set the same minimum wage for tipped and non-tipped employees, according to the Economic Policy Institute. The Washington, D.C., research organization has found that tipped employees have higher poverty rates where their minimum wages are lower than non-tipped employees.
Urban Milwaukee
September 27, 2019
According to Councilwoman Kniech’s office and an Economic Policy Institute Minimum Wage simulation model, 20% of Denver residents (73,978) would receive a raise on Jan. 1, 2020, 95% of whom are adults. By Jan. 1 2021 the cumulative number of Denver workers who would receive a raise would exceed 100,000.
Colorado Biz
September 27, 2019
Wages have increased slightly in recent years. But, according to the Economic Policy Institute (EPI), “nominal wage growth has been far below target in the recovery.”
Common Dreams
September 27, 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 27, 2019