According to the Economic Policy Institute, the federal minimum wage in 2021 was worth 34% less than in 1968, when its purchasing power peaked.
CBS
October 7, 2022
According to the Economic Policy Institute, the corporate tax rate for most of the ‘50s and ‘60s leveled at about 52%.
The Business Journal
October 7, 2022
A new report from the left-leaning Economic Policy Institute calculates the gap between CEO pay and how much production and nonsupervisory workers make. Looking at the top 350 firms in America, and calculating pay based on how much their stock options are worth when they’re actually used, they found that CEOs made $27.8 million on average in 2021.
Business Insider
October 7, 2022
“To the extent that employers already raised wages earlier this year, those higher wages are still working to attract workers,” said Elise Gould, a senior economist at the Economic Policy Institute, a left-leaning think tank. “Wages aren’t falling, but they aren’t rising at the same rate.”
The Washington Post
October 7, 2022
While teachers have long raised concerns about being underpaid and disrespected, the wage gap between teachers and other professions has grown worse over time. In 2021, teachers earned 23.5% less than college graduates with a comparable education level, a record high since 1996, according to the Economic Policy Institute.
Time Magazine
October 7, 2022
Nearly half of working-age families have nothing saved in retirement accounts, and the median working-age family had only $7,800 saved in 2016. About 10% have $320,000 or more, according to a 2019 report by the Economic Policy Institute.
The Street
October 7, 2022
“To be clear these changes are all pretty small and display general series volatility,” Elise Gould, senior economist with the left-leaning Economic Policy Institute, wrote in response to the August Job Openings and Labor Turnover Survey (JOLTS) report.
CBS News
October 7, 2022
Features Heidi discussing the latest JOLTS data.
Yahoo Finance
October 7, 2022
But it turns out those critics weren’t being critical enough. Now it’s time to revise their analysis. CEO pay no longer rises with the stock market; it rises well in excess of the stock market—more than one-third faster, according to a new report by Economic Policy Institute, or EPI, research director Josh Bivens and research assistant Jori Kandra. It’s still true that a typical pay package for the CEO of a major corporation outperforms whatever company the CEO happens to run. But in addition to that, it outperforms the entire frigging stock market. You want to keep your retirement money safe? Sure, an index fund is a fine investment for now. But once we figure out how to corral America’s top CEOs into an initial public offering and convert their collective persons into stock, pull your money out of that index fund and put it into CEOs, Inc. You won’t be sorry
The New Republic
October 7, 2022
According to the Economic Policy Institute, CEOs were paid 351 times as much as typical workers in 2020. Between 1978 and 2020, CEO pay has grown by a staggering 1,322%; a world apart from the 18% wage growth workers saw during the same period.
Forbes
October 7, 2022