There are a few ways to look at it. The left-leaning Economic Policy Institute regularly calculates the ratio between executive and median-employee pay — a ratio that has changed dramatically over the years. In 1965, CEOs made 20 times the salary of an average, non-management employee (we’re using the mean here, not the median, as we did above). That means that a CEO would have earned his employee’s salary by Jan. 19, at about 7 a.m.
By 1978, CEOs were making just less than 30 times the average employee. He or she (he) would have earned the average salary by Jan. 13, at about 6 a.m. Then things got crazy. In 1989, CEOs made 58.7 times their employees, pulling in the average income by Jan. 7. In 1995, it was 71.6 times, meaning that by about midnight on Jan. 4, a CEO had earned an average employee’s annual salary. The most recent figure from EPI is for 2014. That year, CEOs earned 303 times as much as the average, non-management employee.
The Washington Post
January 6, 2016
According to a fact sheet written by the Economic Policy Institute, in the long run immigrants do not reduce the employment rates of native-born Americans. But the institute says in the short run, immigration may slightly reduce the rates of unemployment of native born Americans. The impact is greater when the economy is weak.
NBC News
January 6, 2016
But other analyses of the academic data, by the left-leaning think tank Economic Policy Institute (EPI) and independent economist Joydeep Roy, place the modern diploma in a more complex economic frame. First, while Achieve compares various states’ graduation criteria, as EPI President Lawrence Mishel explains, “none of their comparisons are historical, showing a change from an earlier period.”
The Nation
January 6, 2016
GOP senators facing tough reelection bids include Sen. Rob Portman (R), of Ohio, a manufacturing hub, and Sen. Kelly Ayotte (R), of New Hampshire, which lost more than 20,000 jobs because of the trade deficit with China, according to a 2012 Economic Policy Institute study.
The Hill
January 6, 2016
Black wealth also has declined. The non-partisan Economic Policy Institute, in coordination with the liberal research institution Center for Popular Democracy, reports that black workers’ wages have fallen by 44 cents on the hour in the past 15 years, while wages of both Hispanic and white workers have increased by approximately the same amount.
Voice of America
January 6, 2016
The type of occupations dominated by women may play a role as well. For example, “public teacher employment is still below what it was in 2007,” said Elise Gould, senior economist at the liberal Economic Policy Institute. “And that definitely disproportionately affects women.”
The New York Times
January 4, 2016
Not convinced? Here’s another study for you. In October, the Economic Policy Institute, a progressive think tank focused on work force issues, found that the cost of child care for two children exceeds rent in 500 of 618 communities surveyed and in many parts of the U.S. — including in Washington, D.C. — the cost of child care exceeds that of state college tuition.
NPR
January 4, 2016
A family of four can meet its basic needs for $49,114 a year in Morristown, Tenn.—about half the income needed to raise a family in New York or Washington, according to the Economic Policy Institute’s family budget calculator released in August.
Wall Street Journal
January 4, 2016
Nearly 30 states with 60% of the U.S. workforce have minimum wages higher than the federal government’s, according to NELP and the Economic Policy Institute. Proposals to increase the federal pay floor have been blocked by Republicans in Congress.
USA Today
January 4, 2016
Because this question always comes up in the comments and on Twitter: Personally, I think the U.S. could easily go above $10 an hour without any major problems, and I suspect that a lot of states could pretty much handle $12, the latest number that the very liberal Economic Policy Institute has advocated. Again, 50 percent the median full-time wage is just a guideline.
Slate
January 4, 2016