In fact, a recent report by the Economic Policy Institute highlights that income inequality has cost Social Security billions of dollars of revenue every year.
The Hill
May 24, 2023
The problem for Kroger and Albertsons: When you look at the available facts, all those who truly care about our local communities across New Mexico should be deeply concerned. Consider a recent analysis by the Economic Policy Institute that found the merger will lower wages for 746,000 grocery store workers in over 50 metropolitan areas of the U.S. Even worse, grocery workers could lose more than $300 million in wages each year if the proposed merger went through due to lack of competition. In total, this would result in lost wages for these essential workers and would negatively impact wages for all grocery workers — regardless of whether they are employed by Kroger or Albertsons.
Santa Fe New Mexican
May 24, 2023
Several months after Weber’s research, a study from the left-leaning Economic Policy Institute found that more than half of inflation since mid-2020 could be attributed to larger corporate profit margins.
Fortune
May 24, 2023
According to research from the Economic Policy Institute, approximately 217,000 minimum wage earners in Ohio are victims of wage theft each year, each missing out on an average of $2,800.
Cleveland.com
May 24, 2023
“We are down nationally almost 2% from the pre-pandemic period (February 2020),” Kamper said. “In recent years, as we recovered from the pandemic, state and local government jobs have become less attractive because their pay has not kept up with pay in private sector jobs.”
The Bond Buyer
May 24, 2023
As CEOs complain about workers being less productive, their own paychecks are skyrocketing. According to the Economic Policy Institute, CEO compensation has grown 1,322% since 1978, while typical worker compensation has risen just 18%. Most recent figures suggest that S&P 500 CEOs averaged $18.3 million in compensation for 2021—324 times the median worker’s pay.
Fast Company
May 24, 2023
A quick search shows that there is a broad range of officials — from those at UBS to Unite the Union, from Goldman Sachs and the European Central Bank to the US Economic Policy Institute (EPI) — suggesting that over half of all the current price markup is to do with corporate profiteering.
Jacobin
May 24, 2023
The predictions have proven prescient: Just a year after the decision, the Economic Policy Institute found that the rate of arbitration agreements, which was already on the rise before Epic Systems, had accelerated following the decision. EPI predicted that by 2024, 80 percent of non-union workers would be subjected to forced arbitration clauses.
Balls and Strikes
May 24, 2023
A study released last year by the Economic Policy Institute examined realized annual income, a measure that includes stock options found that CEOs at the top 350 publicly traded companies were paid $27.8 million on average in 2021, or 399 times more than a typical worker – up from 366-to-1 in 2020 and way up from 59-to-1 in 1989.
24/7 Wall St.
May 24, 2023
Bills to relax child labor laws were introduced in at least 10 states over the last two years, all backed by a mix of business groups, according to the Economic Policy Institute.
Chicago Sun Times
May 24, 2023