Since 2009, salaries for CEOs at a number of U.S. firms have increased by 54.3 percent while ordinary wages have plateaued, according to the report. CEOs earn more than 10 times the amount they did 30 years ago, according to a report released last June from the Economic Policy Institute.
Newsweek
January 19, 2016
But one can’t help but wonder, if the Department of Housing and Urban Development’s pilot program has a hard time getting started in the city doing that much to end segregation, how will it work nationally? “Baltimore is actually trying to do something about segregation, which is more than a lot of places,” Richard Rothstein, a researcher at the Economic Policy Institute who has written extensively about segregation told VICE. “But there’s still resistance. There’s always resistance.”
Vice News
January 19, 2016
Black unemployment in South Carolina is 11.8 percent, compared to 4.6 percent among whites, according to the Economic Policy Institute. And while 2012 Census figures show the per capita income for whites in Charleston was $37,193, it was $15,168 for blacks.
MSNBC
January 19, 2016
It means China sold $342.6 billion more worth of goods and services to America than America sold to China. That, in turn, means demand generated by Americans isn’t producing jobs in America, but in China instead: Back in 2013, the Economic Policy Institute (EPI) estimated that we’ve lost 2.8 million jobs to China since 2001, mainly in manufacturing. This imbalance falls especially hard on the working class, since the jobs that are lost are overwhelmingly held by lower-income Americans. Where Trump goes awry is in recommending tariffs as a solution. As Robert Scott, EPI’s expert on the economics of international trade, explained to me, the basic problem is currency manipulation.
The Week
January 19, 2016
But for most of the economics profession, widening inequality of earnings has been primarily a reflection of widening differentials in worker skills in the face of changes in technology that require more advanced workers. Therefore, the logical cure is better education and training. Lawrence Mishel and colleagues at the Economic Policy Institute have been challenging this account for years. But only lately has the mainstream conceded that the EPI view is substantially right.
American Prospect
January 15, 2016
Same goes for inequality: Connecticut is the most unequal state as measured by the Economic Policy Institute’s top-to-bottom ratio, which divides the average income of the top 1 percent of taxpayers by the average income of the other 99 percent, but New York is almost tied with it, and Massachusetts comes in fourth place.
Bloomberg
January 15, 2016
Compensation of chief executive officers at top U.S. firms grew by nearly 1,000 percent since 1978, while a typical worker’s pay increased by just 11 percent during the same period, according to the Economic Policy Institute, a pro-worker research and advocacy group based in Washington.
Bloomberg
January 15, 2016
Donald Trump claimed the U.S. has “lost anywhere between 4 and 7 million jobs because of China.” Not exactly, according to the left-leaning Economic Policy Institute. A 2014 EPI report calculated that growth in the U.S. goods trade deficit with China eliminated or displaced 3.2 million U.S. jobs between 2001, when China entered the World Trade Organization, and 2013.
Politico
January 15, 2016
But numerous studies show undocumented immigrants aren’t stealing jobs – they are helping to expand the economy. “In the ongoing debate on immigration, there is broad agreement among academic economists that it has a small but positive impact on the wages of native-born workers overall: although new immigrant workers add to the labor supply, they also consume goods and services, which creates more jobs,” Heidi Shierholz, chief economist to the U.S. Department of Labor and formerly of the liberal Economic Policy Institute, wrote in a study funded in part by U.S. labor unions.
International Business Times
January 15, 2016
“Workers in the top 1 percent,” Bank found, “tend to be 40 to 60 years old, be men, have tertiary education, work in finance or manufacturing and be senior managers.” At worst, that’s a group ripe for rent-seeking. At best, it doesn’t sound much like the innovators Graham is so worried about discouraging. The liberal Economic Policy Institute has done similar work on America’s top 1 percent, and found that at least a quarter of its increased income share since 1979 can be attributed to finance.
The Washington Post
January 14, 2016