While salaries of chief executives declined last year, it remains enormous compared with the pay of other workers, according to the Economic Policy Institute.
From 1978 to last year, the compensation of chief executives rocketed 1,085 per cent, compared with a meagre 24 per cent rise in typical workers, the Washington, DC-based EPI said in a September report.
The National News
December 9, 2024
An October report from the Economic Policy Institute listed the many substantive economic benefits of immigration. In addition to an expanded U.S. gross domestic product, or GDP, immigration “has led to better, not worse, wages and work opportunities for U.S.-born workers.”
National Catholic Reporter
December 9, 2024
Minimum Wage: The survey calculated minimum wages for all cities as of January 1, 2024, with local adjustments above federal levels. Data was sourced from the Economic Policy Institute and UC Berkeley.
Santa Monica Daily Press
December 9, 2024
Ultimately, the unemployment rate measures how many people are actively looking for work, and Black people have always been resilient in their job searches. Valerie Wilson of The Economic Policy Institute suggested that Black people have always been actively searching for work, but are having a harder time finding positions.
NewsOne
December 9, 2024
The Economic Policy Institute, for example, argued in 2022 that the education funding “needs an overhaul,” insisting “federal government plays a small and insufficient role” in public school funding and that the current system is “inadequate and inequitable.” Without federal oversight, critics of Trump’s plan fear that disparities between higher-income and underserved school districts could widen.
Fox News
December 9, 2024
The U.S. economy has added an average of 173,000 jobs monthly over the past three months, Economic Policy Institute senior economist Elise Gould noted in an analysis of the new Labor Department figures.
Common Dreams
December 9, 2024
“One of the first anti-union moves we’d expect would be that he will fire pro-labor appointees at federal agencies, beginning with Jennifer Abruzzo,” the Economic Policy Institute’s Director of Government Affairs and Advocacy Samantha Sanders told Truthout. “As general counsel at the NLRB, Abruzzo is arguably one of the most effective forces for workers in the Biden administration, and has taken a lot of proactive steps to defend workers’ rights to form unions and to hold employers accountable for illegal union-busting activities.”
Truthout
December 9, 2024
The average top American CEO took home $22.2 million in 2023, according to data from the Economic Policy Institute. Meanwhile the average American earns roughly $59,228 per year, according to the Bureau of Labor Statistics.
Salon
December 9, 2024
“We know the labor market doesn’t exist in a vacuum,” said EPI’s Gould. “Policymakers have a role to play in keeping the economy strong. I think what we’ve seen is measured rate cuts, and I think we will continue to see that.”
She added: “It’s yet to be seen what policymakers coming in are going to do that could impact the labor market; but it is a quite strong labor market that the transition is walking into.”
CNN Business
December 9, 2024