The pay ratio is calculated by dividing CEO compensation by average worker compensation. The graph below uses data from the Economic Policy Institute to track the pay ratio for the top 350 firms between 1965 and 2017. In 1965 the average CEO made about 20 times the pay of the average worker. Over the next 17 years the ratio rose gradually (surpassing 30 in 1978).
Urban Milwaukee
July 31, 2019
According to a study by the Economic Policy Institute cited in Nessel’s announcement of the pending charges, “unscrupulous businesses stole an estimated $429 million in wages and overtime pay from Michigan workers between 2013 and 2015, impacting more than 2.8 million workers.” David Cooper, a senior economic analyst with the EPI, told Daily Kos in a recent interview, “We have estimated that wage theft, in its totality, costs workers something on the order of $50 billion a year” on a nationwide scale.
Daily Kos
July 31, 2019
The CAP plan also bears a strong general resemblance to “Health Care for America,” a plan that Jacob Hacker, a Yale University political scientist, developed with the Economic Policy Institute back in 2007. That’s another way of saying that the idea has been kicking around for quite a while, although it’s now become more mainstream than it was a decade ago.
Huffington Post
July 31, 2019
(Along these lines, Jhacova Williams, an economist at the nonprofit Economic Policy Institute, earlier this year presented a paper at an American Economic Association conference that finds black people have lower voter registration rates today in places with high numbers of lynchings from 1882 to 1930.)
Journalist Resource
July 31, 2019
In 1994, public school teachers earned about 1.8% less per week than workers in other professions that required a college degree. Today, the pay gap between teachers and comparable professions has widened to 18.7%. What’s worse, teachers earn less on average in inflation-adjusted dollars than they did in 1990, according to the Department of Education.
Business Insider
July 31, 2019
They note that NH public school teachers make 24.3% less than non-teacher graduates, according to a 2018 study by the Economic Policy Institute.
New Hampshire Union Leader
July 31, 2019
In fact, the Washington-based Economic Policy Institute says there is a teacher shortage nationwide.
“Lack of sufficient, qualified teachers and staff instability threaten students’ ability to learn and reduce teachers’ effectiveness, and high teacher turnover consumes economic resources that could be better deployed elsewhere,” it says on its website.
Conway Daily Sun
July 31, 2019
One of the many benefits of my job is that it affords me the opportunity to meet with thousands of educators every year. Two concerns that I hear at nearly every campus across the country are teacher shortages and teacher retention, and the folks at the Economic Policy Institute echo these concerns. According to their recent report, our nation’s teacher shortage is “real, large and growing, and worse than we thought.”
EdSurge
July 31, 2019
Heidi Shierholz, senior economist and director of policy at the Economic Policy Institute said Scalia “has spent his career fighting for the interests of financial firms, corporate executives, and shareholders rather than the interests of working people.”
The Chief
July 31, 2019
Scalia “has spent his career fighting for the interests of financial firms, corporate executives, and shareholders rather than the interests of working people,” says Heidi Shierholz of the Economic Policy Institute.
Jacobin
July 31, 2019