Posts Tagged ‘Income Inequality’

Jul
2015
14

CEOverreach: Big Boss Pay Is up 997% Since ’78 While Workers Only Gained 10.9%

CEOverreach: Big Boss Pay Is up 997% Since '78 While Workers Only Gained 10.9%
  A shocking new number from the Economic Policy Institute helps explain the stifling income inequality in the United States.  Between 1978 and 2014, inflation-adjusted CEO pay has risen from $1.5 million to $16.3 million, an unfathomable of 997 percent.  Over that same time period, the average private-sector production and non-supervisory...
Oct
2014
21

CHART: Financially, It’s 1986 for the Bottom 90% of Americans

CHART: Financially, It's 1986 for the Bottom 90% of Americans
  Just in case you need a reminder of how lopsided the economy has become, a new paper from economists at the London School of Economics and the University of California at Berkeley shows the bottom ninety percent of American families are no wealthier than they were in 1986.  While the top 10 percent and, [&hellip...
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Jun
2014
17

Share of Young Men Working Poverty Wages, or Not Working at All, Going Through the Roof

Share of Young Men Working Poverty Wages, or Not Working at All, Going Through the Roof
  The Economic Policy Institute (EPI) recently released shocking numbers which show over one-fourth of men between the ages of 25-34 earned poverty level wages in 2013.  The same numbers have dropped for women in recent decades, while they more than doubled for men since 1979.  The graph above, created by EPI, shows the share [&hellip...
Dec
2013
10

Economist: Income Inequality Less Pervasive in Canada “Because Unions Represent 31 Percent of Workers”

  An excellent op-ed from Jim Stanford, economist with Canada’s largest public sector union Unifor, highlights the importance of unions to the middle class.   Arguing that the creation of the middle class was largely a result of higher wages resulting from unionization, Stanford speaks about organized labor’s role in combatting wage...
Sep
2013
20

There Isn’t a Single Neighborhood in SF Where Working Three Full-Time Minimum Wage Jobs Gets You a Two-Bedroom Apartment

There Isn't a Single Neighborhood in SF Where Working Three Full-Time Minimum Wage Jobs Gets You a Two-Bedroom Apartment
  A new map provided by the San Francisco Department of Public Health shows how many minimum wage jobs it would take to rent a two-bedroom apartment in each of the city’s neighborhoods.  The results are not shocking but remain quite disturbing and act as yet another morsel of evidence that the minimum wage should [&hellip...
May
2013
21

IBEW Pres. Hill’s Op-Ed Supporting Retail and Fast Food Workers Strikes a Chord

IBEW Pres. Hill's Op-Ed Supporting Retail and Fast Food Workers Strikes a Chord
In an interesting and well-crafted op-ed for The Huffington Post, International Brotherhood of Electrical Workers (IBEW) International President Edwin Hill asks all workers in America to stand with low-wage workers in the fast food and retail industries to demand an end to exploitative pay practices.   Hill notes the similarities between the...