While ILRWG’s report indicates that the Summer Work Travel program poses problems for workers, it also claims that the program offers benefits and loopholes for employers. “The J-1 has virtually no meaningful regulations that protect workers,” said Daniel Costa, director of immigration law and policy research at the Economic Policy Institute. That is partially due to the fact that the J-1 program is not overseen by the Labor Department, but instead by the State Department, an agency with “no mandate or expertise in labor standards” said Costa.
Capital & Main
August 16, 2019
The growing shortfall is well documented. The Economic Policy Institute, a nonpartisan think tank in Washington, D.C., reports that the shortage of teachers nationwide from preschool through high school worsened from 64,000 in the 2015-2016 academic year to 110,000 just two years later. The agency projects the shortfall will reach at least 200,000 by 2025.
Illinois State University
August 16, 2019
Child care in Colorado is more expensive than in-state tuition at a four-year public college, according to the Economic Policy Institute. Parents in Colorado shell out $15,325 for infant care on average every year or $1,277 each month.
Patch
August 16, 2019
Virginia’s infant care costs families $1,426 more annually than the average in-state tuition for a four-year college in the commonwealth, according to a study released by the left-leaning Economic Policy Institute. The cost is also only 1.9 percent lower than the average cost of rent.
The Center Square
August 16, 2019
On the heels of an Economic Policy Institute survey that found childcare for babies in Colorado costs 60% more than public university tuition, MyVillage has announced that it will give away a year of free, high quality childcare to a deserving family, valued at more than $13,000.
Your Hub
August 16, 2019
Child care has become one of the biggest expenses faced by families in the United States. According to the Economic Policy Institute, annual infant care, on average, costs thousands of dollars, ranging from about $5,400 in Mississippi to more than $24,000 in Washington, D.C.
New York Times
August 16, 2019
The widening gap between ordinary wage-earners and the leadership class of CEOs and investors have steered perhaps $.37 trillion in cash from employees to employers since 2009, according to the left-wing Economic Policy Institute.
Breitbart
August 16, 2019
Average CEO compensation at the 350 largest US firms in 2018 was $17.2 million a year, including stock options, which generally account for two-thirds of their pay packages, according to a study by the Economic Policy Institute.
Phys.org
August 16, 2019
CEOs running America’s top 350 companies made an average of $17.2 million each last year, 278 times the salary of their average worker. That’s according to a new analysis conducted by the Economic Policy Institute (EPI) which found that CEO pay grew nearly 1,000% in the U.S. since 1978 while the average compensation level of all private-sector workers only increased by around 12%. While the CEO-to-typical-worker compensation ratio stood at 278-to-1 in 2018 when realized stock options were factored in, it was just 20-to-1 in 1965 and 58-to-1 in 1989.
Forbes
August 16, 2019
A new report from the Economic Policy Institute details how CEO compensation has increased by at least 940 percent since 1978. In 2018, the average CEO pay at the top 350 companies was $17.2 million when measuring stock options at their realized value, or $14 million when measuring stock options at their granted value. Using those inputs, the ratio of CEO pay to the average worker’s pay in 2018 was 278-to-1 or 221-to-1, compared to 20-to-1 in 1965 and 58-to-1 in 1989. The report explains that ballooning CEO pay has been a driving force behind rising income inequality and urges policymakers to increase marginal income tax rates for top earners and raise taxes on corporations with high CEO-to-worker pay ratios, among other reforms.
On Labor
August 16, 2019