CEO pay has risen sharply over the past few decades. CEOs today can make between 210 and 300 times what their workers earn. In comparison, they made 20 times their workers’ pay in 1965, according to the Economic Policy Institute.
The Atlantic
March 16, 2016
Minorities are less likely to get the most valuable unpaid internships because they often cannot afford to take them, especially if they are away from their home town, according to Ross Eisenbrey, vice-president of the left-leaning Economic Policy Institute. “How can a poor kid afford to pay rent in New York City or Washington DC when she’s not getting paid for her full-time job? Her family isn’t in a position to subsidise her when they’re already borrowing for college,” he said.
The Guardian
March 16, 2016
Manufacturing is an important employer in Ohio. The state ranked seventh nationally as to the manufacturing sector’s share of total state employment, according to an Economic Policy Institute analysis.
Wall Street Journal
March 16, 2016
“The American worker is being crushed” by trade, Trump says. As proof, he cites research from the left-leaningEconomic Policy Institute that found America has lost 900,000 jobs to Mexico since the North American Free Trade Agreement was signed in late 1993.
CNN Money
March 16, 2016
Our trade imbalance with China is “the greatest theft in the history of the world,” Trump declares. Like an avenging superhero, the Donald would punish that crime by zapping the Chinese with a 45 percent import tax on their goods entering the States. Meanwhile, Sanders, citing data from the labor-supported Economic Policy Institute, says NAFTA sheared 850,000 jobs from the American workforce, while granting special trade status to China vaporized 3 million more.
WBUR
March 16, 2016
According to the Economic Policy Institute, statewide, 53% of minimum wage workers are women and 50% are people of color.
New York Daily News
March 15, 2016
This week we are discussing the past and future of jobs and paychecks with Dr. Lawrence “Larry” Mishel. Larry has been a labor market economist for 30 years and is now the President of The Economic Policy Institute, a Washington-based think tank. EPI is focusing on how our current economy is affecting low- and middle-income Americans, what policies are needed to restore the middle class and how to generate robust wage growth for everyone so they experience a growing standard of living. With a PhD in economics, Larry is increasingly concerned with trends regarding wage stagnation – he believes the preeminent economic challenge of our time is to overcome wage stagnation. The wages and benefits of nearly all workers haven’t grown in 12 years! This affects all workers, even those that are highly skilled. The hourly wages and benefits of the median worker have only grown around 9% since 1979!
Future of Work Podcast
March 15, 2016
Boone County in West Virginia is at the epicenter of the job losses in coal. It’s lost about 4,500 coal jobs since 2009, according to Kris Mitchell, director of development for Boone County. Statewide, West Virginia has lost about 10,000 mining jobs over that time, Labor Department data shows. West Virginia had the highest unemployment rate in the country of 6.7% in the last quarter of 2015, according to the Economic Policy Institute. Mitchell estimates Boone County’s unemployment rate is closer to 10%.
CNN Money
March 15, 2016
If you think this kind of banner proposal is something Democrats and liberals should emulate, you’d be right. In fact, they may already have one on hand: The budget from the Congressional Progressive Caucus (CPC), a.k.a. “the people’s budget.” They’ve been proposing it every year since at least 2012, but a recent analysis of its latest iteration by the Economic Policy Institute (EPI) shows what a rallying cry it could be. The budget’s ultimate goal is “to push unemployment to 4 percent,” Hunter Blair, a budget analyst at EPI, explained to The Week. It accomplishes this by fighting back hard against the kind of austerity Ryan champions.
The Week
March 15, 2016
Calculating exact job deficits (or gains) from trade deals is an inexact science at best. Mr. Sanders cites the job losses from Nafta and the trade status with China to the Economic Policy Institute, a think tank affiliated with the labor movement. The Congressional Research Service, the nonpartisan arm of Congress that analyzes policy, found that Nafta did not cause the huge job losses critics have stated, as PolitiFact noted.
The New York Times
March 14, 2016