In 1994, public school teachers earned about 1.8% less per week than workers in other professions that required a college degree.
Source: TIME, The Economic Policy Institute
Business Insider
September 13, 2019
“We have an issue with wage inequality, income inequality and wealth inequality where most of the growth is going to the top,” Valerie Wilson, director of the Economic Policy Institute’s program on race, ethnicity and the economy, said in an interview with the Times. “Those people are less likely to be women, and much less likely to be women of color.”
Hip Latina
September 12, 2019
C-SPAN
September 12, 2019
And as profits go, so goes the payoff for the C-suite and shareholders. The CEO-to-worker pay ratio ballooned to 281 in 2017 from 195 in 2009, according to the Economic Policy Institute, and it projects a comparable ratio for 2018. Shareholders have been richly rewarded, too, as the US stock market has more than quadrupled in value since early 2009.
The National
September 11, 2019
The results of this erosion are manifest, from the concentration of wealth at the top, to the desiccation of prospects for everyone else, and the overall slowing of economic growth. To cite just one glum statistic, the Economic Policy Institute finds that since 1979, productivity has risen six times faster than wages. In other words, the implicit social contract that has guided this country since its Founding — if you’re willing to work hard, you’ll have a shot — is breaking down. (RELATED: MSNBC Panel Laughs At Pictures Of Working-Class White Voters)
Daily Caller
September 11, 2019
Yet, multiple conservative U.S. Supreme Courts have enabled forced arbitration to ensnare half of all non-unionized workers at U.S. companies. Today, 60 million people, according to the Economic Policy Institute (EPI), have lost their right to justice.
The Middletown Press
September 11, 2019
Out of 858,000 net new jobs for workers under age 35 that year, almost one in four (23%) was a union job, according to the Economic Policy Institute.
Ithaca Journal
September 11, 2019
The Raise the Wage Act would incrementally raise the minimum wage to $15 an hour by 2025. According to a study by the Economic Policy Institute and cited by the House Education and Labor Committee, raising the minimum wage to $15 an hour would lift wages for 33.5 million workers.
Las Vegas Sun
September 11, 2019
Between the years 2009 and 2015, the earnings of those in the top 1 percent increased by nearly 34 percent, according to the Economic Policy Institute, while the earnings of the remaining 99 percent grew at only 10.3 percent. This has widened income inequality in the nation, according to the institute.
The Center Square
September 11, 2019
The Obama administration was not alone in attempting to modernize the poverty measure. Several organizations and research centers set out to calculate livable incomes. The National Center on Children in Poverty created the Family Resource Simulator to illustrate the impact of work supports, including income tax credits and child care assistance, offering a more complete picture of how family resources change as earnings increase. NCCP suggests families typically need nearly twice as much as the official poverty level to make ends meet thanks to factors like rent and utilities, child care, health insurance premiums, out-of-pocket medical expenses, transportation, debt and payroll taxes. The Economic Policy Institute’s Family Budgets, MIT’s Living Wage Calculator and the University of Washington’s Self-Sufficiency Standards all came to similar conclusions.
Politico
September 11, 2019