It didn’t used to be this way. The CEO-to-worker pay ratio was 20-to-1 in 1965, according to EPI. The ratio gradually swelled during the three decades that followed, climbing to 343.5-to-1 by 2000. With few exceptions, it has hovered near 300 since then. That history is a reminder that the corporate pay structure was once more balanced and can be again.
Bloomberg Quint
February 8, 2019
But this collection effort by the popular online hosting company isn’t universal. A new report that weighs the economic benefits and costs associated with short-term rentals through Airbnb argues it should be, saying local governments should insist that the tax regimes—and other regulations—are the same as for the hotels they compete with.
Route Fifty
February 8, 2019
A new Economic Policy Institute study finds that Airbnb contributes to rising home prices in cities, yet often escapes comprehensive regulation.
CityLab
February 8, 2019
The January rate of unemployment rose to 4.0 percent from December’s 3.9 percent “potentially because furloughed government workers and contractors were counted as jobless in the household survey,” according to Elise Gould, an economist with the Economic Policy Institute in Washington, D.C.
MultiBriefs
February 8, 2019
Nearly twice as many jobs were added than what economists forecast. Wages also rose, up 3.2 percent on the year, “potentially reflecting the boost to workers’ paychecks from the 19 state minimum wage increases that took effect on January 1,” the Economic Policy Institute economist Elise Gould wrote in a note.
ABC News
February 8, 2019
And, as a team of researchers from the Economic Policy Institute argues, unions can raise the level of nonunion workers if they’re prevalent enough in a geographical area or industrial sector. No wonder employers hate them.
February 8, 2019
A new study published Wednesday by my colleague Josh Bivens at the Economic Policy Institute reinforces that conviction, showing U.S. workers still have quite a long way to go before they recover their pre-recession share of corporate income.
Forbes
February 8, 2019
Female teachers earned 15.6 percent less in 2017 than female workers in comparable jobs, according to an evaluation of Labor Department data from the Economic Policy Institute. Male teachers were earning 26.8 percent less compared to other male workers.
The Hill
February 8, 2019
Public school teachers earned 19 percent less than workers with similar levels of education and experience in 2017, according to an analysis of the most recent data by the Economic Policy Institute. That’s up from just a 3 percent gap in the mid-90s.
Vice News
February 8, 2019
Just because there are a rising number of millionaires doesn’t necessarily mean all Americans are better off. Indeed, income inequality may be rising: The Economic Policy Institute, a progressive think tank, notes that “the share of all income held by the top 1% in recent years has approached or surpassed historical highs.
MarketWatch
February 8, 2019