Media clips

• Federal Executive Pay is Inadequate

  A new study from the Economic Policy Institute, “America’s slow-motion wage crisis,” provides another important perspective. Their analysis shows real wages for individuals at the 90th percentile of the wage distribution increased 33 percent from 1991 to 2017 while the real wages of those at the 50th percentile—middle America—increased only 16 percent.

  Government Executive March 19, 2019
• Narrow majority opposes emergency

  Now a new study by the left-leaning Economic Policy Institute shows that the median wage gap between African American and white workers has grown by 6 percentage points since 2000, to 16.2 percent. (This calculation is corrected for educational, regional, and other factors.) The EPI’s findings echo those of a 2017 study by the Federal Reserve Bank of San Francisco, which reported that between 1979 and 2016 the average wage for black men fell from 80 percent of the average wage for white men to 70 percent, while the average wage for black women fell from 95 percent of the average wage for white women to 82 percent.

  Politico March 19, 2019
• Rising Income Inequality Could Deplete Social Security’s Cash Sooner Than Expected

  Growing income inequality in the U.S. is probably something you’re familiar with. If you’re an investor, you’re likely aware of the crazy multiples CEOs are sometimes paid compared to the average workers in their companies. But it’s not just between CEOs and their employees that this gap is apparent. According to the Economic Policy Institute, the average income of the top 1% was 26.3 times higher than the average household income of the bottom 99% in 2015. With earnings growing at a faster pace for the well-to-do relative to lower- and middle-income families, opportunities for advancement remain harder to come by for these low- and middle-income households.

  Nasdaq March 19, 2019
• Income inequality is rising so fast our data can’t keep up

  Wages at the top of the income distribution continue to rise much more rapidly than wages for everyone else, according to an analysis of the latest federal data by the Economic Policy Institute, a progressive think tank.

  The Washington Post March 19, 2019
• Despite Trump’s promises, the US trade deficit with China continues to grow

  “Well, I think Trump talks a good game. But overall, Trump’s economic and trade policies are actually making our trade problems worse,” said Robert Scott, a senior economist with the Economic Policy Institute, a think tank in Washington that’s partly funded by labor unions.

  PRI March 19, 2019
• Las mejoras se van a los bolsillos más llenos

  Estas son las algunas de las conclusiones del estudio de salarios de 2018 elaborado por Economic Policy Institute(EPI) que explica que el crecimiento de la economía y la subida del salario mínimo en 21 estados y DC ha estado detrás de la mejora de la situación en el caso de los que ganan menos.

  El Diario March 19, 2019
• The 25 CEOs whose pay is most wildly out of sync with their company’s performance

  In fact, the typical CEO made a whopping 312 times their median employees’ salary in 2017, according to the Economic Policy Institute.

  Market Insider March 19, 2019
• Wages rise, but inequality worsens, especially by sex and race

  Economic Policy Institute Senior Economist Elise Gould released the new report “The State of Working America: Wages 2018” last week. Working from the latest data from the Current Population Survey, it offered some encouraging news.

  One Illinois March 19, 2019
• Why teacher strikes are touching every part of America
  But the average salaries do not tell the whole story, according to research from Sylvia Allegretto of UC Berkeley and Lawrence Mishel at the Economic Policy Institute, a think tank that focuses on low- and middle-income workers. They have documented the erosion of teacher salaries compared with other similarly educated workers. Calling this erosion a “wage penalty,” they argue that female teachers make 15.6% less than comparably educated women and that male teachers make 26.8% less than comparably educated men. It is true that teachers in most places get better benefits than many other workers, but benefits make up a larger portion of their compensation than for other workers and are no longer enough to offset their lower wages. The five states with the largest wage penalties for teachers, they found — Arizona, North Carolina, Oklahoma, Colorado and Virginia — all experienced protests or strikes in 2018. But there is a wage penalty for teachers in every single state, according to their study. California as a state has among the lowest wage penalties, but Los Angeles and Oakland also has among the highest costs of living in the country.
  CNN March 19, 2019
• US inequality is only getting worse, and the ‘dynastic wealth’ bemoaned by Warren Buffett may be one of the reasons why

  In 2015, the income the bottom 99% of families took home was, on average, 26.3 times less than the top 1% of families, according to IRS data reported by the Economic Policy Institute, a nonprofit and nonpartisan think tank.

  Market Insider March 19, 2019