According to the Economic Policy Institute, you need to earn at least $421,926 to be considered part of the top 1%. But the average earnings of this group was over $1.3 million, signaling just how rich this group is.
Forbes
September 29, 2023
Fain has repeatedly argued that at a time when Detroit’s automakers have racked up record profits, they should reward their workers, particularly because auto workers’ pay has fallen so far behind inflation (by 19 percent since 2008, according to one think tank)
Politico Magazine
September 29, 2023
Despite the new momentum, unions have a steep climb to reverse the decades- long decline. Recent union drives, while gaining attention, haven’t produced a plethora of new labor contracts. Many existing union members also are working under expired agreements while negotiations drag on. Current laws and regulations do little to help, says Margaret Poydock, a senior policy analyst with the Economic Policy Institute, a nonprofit think tank.
Barron’s
September 29, 2023
Over the past year, my colleagues in the Biden administration have presented compelling explanations of our approach to international trade. It is an approach that is unsurprisingly rooted in Bidenomics, specifically by recognizing two simple realities that EPI saw decades before most others.
The White House
September 29, 2023
To add context to CEO salaries, the Economic Policy Institute found that in 2021, the top 350 US CEOs made 399 times more than the average American’s annual salary. This disparity marks the widest gap the institute has recorded from 1965 to 2021.
Business Insider
September 29, 2023
The Economic Policy Institute calculated in 2022 that in the last four decades, CEO to average worker pay at big U.S. corporations jumped from less than 40 to 1 to 400 to 1.
Iowa City Press Citizen
September 29, 2023
There are more than 2 million domestic workers in the United States, according to a study by the Economic Policy Institute, a liberal research group. Laws similar to Chicago’s are on the books in San Francisco and Philadelphia.
Marketplace
September 29, 2023
Crucially, participation could be poised to keep rising. Department of Labor data show that the share of people moving into employment after being disconnected from the labor force—meaning they found a job without spending time searching for work—is at elevated levels, notes Elise Gould, a senior economist with the Economic Policy Institute. That, she says, means “the reserve of workers is much larger than the unemployment level would suggest.”
“It means there is still room to grow,” Gould adds.
Barron’s
September 29, 2023
Over the past year, my colleagues in the Biden administration have presented compelling explanations of our approach to international trade. It is an approach that is unsurprisingly rooted in Bidenomics, specifically by recognizing two simple realities that EPI saw decades before most others.
The White House
September 29, 2023