Think of our new visualization as a spiraling timeline. We gathered CEO-to-worker compensation ratios from the Economic Policy Institute (EPI), a non-profit think tank focused on promoting the needs of low- and medium-income workers for public policy decisions. The EPI analyzed compensation figures for CEOs at 350 of the largest US companies based on sales from 1965 to 2017. They take into account the ratio as two numbers: as stock options realized (the dark red) and as options granted (the light pink).
Ladders
July 1, 2019
Research has shown that workers’ concerns aren’t unfounded: According to the Washington, D.C.-based think tank Economic Policy Institute, Uber drivers effectively make less than $10 an hour on average once commissions, vehicle expenses, and self-employment taxes are factored in—well below the average minimum wage in most large cities.
Pacific Standard
July 1, 2019
The chief executives of America’s top 350 companies earned 312 times more than their workers on average last year, according to the Economic Policy Institute as reported by the Guardian. The top 50 university administrators had yearly salaries ranging from $1 million to $4.9 million at private institutions and from $641,817 to $4.3 million at public institutions, while the top salaries for full professors at private and public universities ranged from $175,000 to $259,000 (20 institutions as reported by Inside Higher Education) (Chronicle of Higher Education).
Ashland Tidings
July 1, 2019
For instance, according to data analyzed by the left-of-center Economic Policy Institute, the median hourly wage in 1973 was $16.96. Adjusted for inflation, the median wage rose to $18.80 by 2018.
Politifact
July 1, 2019
But there are other disparities between the black community and their counterparts. Unemployment rates for African-Americans are twice as high as that of white workers, while black poverty rates are more than twice as high as that of their white counterparts. According to the Economic Policy Institute (EPI), the black poverty rate was 22% in 2016 — the same year, it was 8.8% for white Americans. The national poverty rate, by contrast, was 12.7%.
Yahoo Finance
July 1, 2019
Many African Americans have done well despite such challenges. There were about twice as many college graduates between 1968 and 2016 (Economic Policy Institute). There were improvements in health and wealth as well. At the same time, the employment and homeownership rates changed little, while the incarceration rate almost tripled.
Wave Newspapers
July 1, 2019
But the cost of living involves more than housing. Transportation, groceries, insurance and other factors are part of the equation. The Economic Policy Institute, a progressive think tank, found South Florida (including Miami-Dade, Broward and Palm Beach counties) was the 23rd most expensive place to live, well behind Washington, D.C., Boston and Boulder, Colorado.
Bradenton Herald
July 1, 2019
Neither Methodist, nonprofit Baptist Memorial Healthcare or Regional One, the public hospital, pay all their employees at least $15 an hour. Even that figure would make it impossible to make ends meet for an employee trying alone to support a household with dependents, according to MIT’s Living Wage Calculator and another created by the Economic Policy Institute, both of which take into account local living expenses.
Commercial Appeal
July 1, 2019
According to the Economic Policy Institute, the national average annual income of the top 1% is $1,316,985 while the average income of the rest of the population is only $50,107. This means the top 1% earns 26.3 times more than the bottom 99%. In New York — a city getting too expensive for even Wall Street bankers— the top 1% earns 44.4 times more.
INSIDER’s data team used statistics from the Economic Policy Institute to find the average income of the 1% in each state (including Washington, DC), along with the average income of the rest of the state’s population. We also listed the state’s income ratio, which answers the question, “How many more times the income do the top 1% make over the bottom 99%?”
Business Insider
July 1, 2019
Many financial advisors are now saying that focusing on small changes is an ineffective strategy. Our focus instead should be on larger decisions like “saving $150,000 on a house purchase or negotiating a major raise.” Others see comments like Orman’s as some mix of nonsensical and classist (and also definitely racist, because the whole history of property ownership in America is racist). Senior researcher at the Economic Policy Institute Elise Gould notes that even those with “stable, middle-class incomes” find themselves living paycheck to paycheck.
Sprudge
July 1, 2019