Of course, the companies and finance firms carving our economy into monopolies make rich payouts to plenty of executives other than CEOs. By 2015, the average income of the top 1% of US earners was $1,300,000 while the average income of the other 99% was $50,000. Average earners in the top slice were taking home 26 times the average of everyone else, according to the Economic Policy Institute’s New Gilded Age report.
Daily Kos
June 24, 2019
Nevada’s wage floor has not changed since 2010 when it was set at $8.25 for workers not offered health benefits and $7.25 otherwise. Nearly 300,000 Nevadans will see higher pay under the new minimum wage law, according to a study conducted by the Washington, D.C.-based think tank Economic Policy Institute.
Pahrump Valley Times
June 24, 2019
Scott and his team also helped win over individual members with district-by-district data that showed the number of people who would get a raise, offering a counterpoint to the objections from some local businesses.
Politico
June 24, 2019
But it hasn’t. As a result, the “real value” of the minimum wage has fallen by 17% over the last decade, a study from the Economic Policy Institute found. That adds up over time: Thanks to the stagnant minimum wage, the lowest-paying workers in America now earn $3,000 less every year in “real” dollars than they would have in 2009.
Bustle
June 24, 2019
The current $7.25 minimum hourly rate was set in 2009, right in the middle of the Great Recession. Since then, America’s lowest-paid workers have lost about $3,000 a year when you consider the rising cost of living, according to calculations from the left-leaning Economic Policy Institute.
VOX
June 24, 2019
A report of the Economic Policy Institute said the hourly wage gap between black young college graduates and their white counterparts is growing in the U.S.
International Business Times
June 24, 2019
According to the Economic Policy Institute, the country’s teacher shortage is real, large, and growing: enrollment in teacher preparation programs declined by nearly 40 percent over the last decade and during the last school year, the size of the shortage was estimated to be roughly 110,000 teachers. High poverty schools suffer the most from a shortage of qualified teachers.
Public
June 24, 2019
As Pedro Nicolaci da Costa, director of communications at the Economic Policy Institute, noted, while daily gyrations in the equities steal the headlines, bonds are Wall Street’s sleeping giant. He wrote and I agree: “What happens with Treasury notes is often a more relevant indicator of broader economic trends” (da Costa 2019).
Counterpunch
June 24, 2019
African American households lag sorely in wealth compared to white households. According to the Economic Policy Institute (EPI), black households receive an underwhelming 61.6% of the yearly income earned by an average white household. This disparity is due in part to the racial income gap in which black employees bring home 82.5 cents for every dollar white workers earn; substantially contributing to black poverty. It should come as no surprise, then, that the most recent data suggests black people are more than twice as likely to experience poverty than whites. Therefore, the timing of such a documentary is ideal.
Black Enterprise
June 19, 2019
The left-wing Economic Policy Institute embraced the idea in this NYT Op-Ed: Warren’s Radical Plan to Fix the Dollar.
Revaluing the dollar could create two million to five million good-paying jobs, according to research by my organization, the Economic Policy Institute. And that could set off a much-needed economic revival.
Townhall Finance
June 19, 2019