Public News Service
November 3, 2023
According to a 2020 Economic Policy Institute report, when workers cannot exercise their right to join and form unions, “economic inequality grows and wages stagnate.” The NLRB decision was reversed in 2016, leading to a swell of graduate worker union filings.
Capitol Times
November 3, 2023
David Cooper, senior analyst with the Economic Policy Institute, said the state has been a leader for decades in increasing its minimum wage.
However, Cooper said families continue to struggle with necessities such as housing and the high cost of child care.
“Child care is a public good,” said Cooper. “It’s something that the market is never going to provide enough of. So that’s one thing that is really squeezing people in a lot of places.”
Public News Service
November 3, 2023
Margaret Poydock, a senior policy analyst at the Economic Policy Institute think tank, said striking workers are buoyed right now by a persistently tight labor market that gives them more leverage at the bargaining table. She also said public support for unions and strikers is giving workers more confidence to walk out and demand more.
“It’s easier for workers to go on strike when there’s low unemployment,” Poydock said. “And [right now] there’s solidarity from the public.”
Huffpost
November 3, 2023
Since the crash, average hourly wages for workers in vehicle manufacturing, adjusted for inflation, have fallen by nearly twenty per cent, according to a recent study by the Economic Policy Institute. The automakers, meanwhile, have seen enormous financial success. By 2013, the Treasury Department had sold its last stakes in Chrysler and G.M. and lifted restrictions on executive compensation. In the past decade, profits at the Big Three have almost doubled. The companies have spent billions on stock buybacks, and C.E.O. pay has gone up by forty per cent; Mary Barra, the C.E.O. of G.M., earned twenty-nine million dollars last year.
The New Yorker
November 3, 2023
In 2022, CEOs were paid 344 times more than the typical worker, according to the Economic Policy Institute. In 1965, CEOs were paid 21 times more than the typical worker.
TheStreet
November 3, 2023
According to research by the Economic Policy Institute, a nonprofit think tank, the Department of Labor’s Wage and Hour Division, which is supposed to investigate reports of abuse in H-2A, has seen little increase in funding since 2006. In that time the number of H-2A workers has increased more than 500%.
As a result, the odds that an H-2A farm will be inspected are less than 1%, which can lead to a low level of compliance with labor laws, said Daniel Costa, director of immigration law and policy research at the Economic Policy Institute and author of the report. “Farms can pretty much do whatever they want and there’s a very low likelihood they’ll ever be investigated,” he said in an interview.
Investigate Midwest
November 3, 2023
Across industries, CEO compensation fell 14.8% year-over-year in 2022, though CEOs were paid 344 times as much as a typical worker in contrast to 1965 when they were paid 21 times as much, according to the Economic Policy Institute, a Washington, D.C., think tank.
Detroit News
November 3, 2023
Economic Policy Institute, in a report published last year in October, said that the “CEO pay has skyrocketed 1,460 per cent since 1978” and that “CEOs were paid 399 times as much as a typical worker in 2021”.
The Independent
November 3, 2023
Between 1978-2022, top CEO compensation jumped 1,209.2% compared with a 15.3% increase in a typical worker’s pay, according to the Economic Policy Institute. Last year, CEOs were paid 344 times as much as a typical worker. By contrast, in 1965, CEOs earned 21 times as much as a typical worker.
Tulsa World
November 3, 2023