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CEO Pay Soars Nearly 19% In 2020

CEO Pay Soars Nearly 19% In 2020

CEO pay 351 times more than the typical worker CEO compensation soars while millions were jobless due to the pandemic-driven recession in 2020. CEO compensation at the top 350 U.S. firms grew 18.9% to $24.2 million on average, according to a new EPI analysis. Meanwhile, typical worker compensation rose 3.9% in 2020. But this wage growth is overstated: high job loss among low-wage workers skewed the average wage higher. […]

How Much American Make In Wages

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How Much American Make In Wages
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Walmart Workers – With Raises For Some More Hours Is Next Goal

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Walmart Workers – With Raises For Some More Hours Is Next Goal

By HIROKO TABUCHI — Even with the wage increases the chain recently announced, Walmart workers often do not get enough hours to make ends meet, leaving them in a precarious financial state. Read more about Walmart workers at the source: The New York Times – The New American Job Newsfeed What raises mean for Walmart Workers – From […]

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Real Average Hourly Earnings Up 0.6% In November

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Real Average Hourly Earnings Up 0.6% In November

Real average hourly earnings rose 0.6% in November, seasonally adjusted, according to the Bureau of Labor Statistics. Average hourly earnings increased 0.4% and the CPI-U decreased 0.3%. Real average weekly earnings increased 0.9% during the month. Source: Real Earnings   [subscribe2]

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More Women Than Men Earn Minimum Wage

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More Women Than Men Earn Minimum Wage

Far more women than men have jobs paying minimum wage or less, according to U.S. Bureau of Labor Statistics data analyzed by the Pew Research Center. More than half the U.S. workforce is male at 53%. But of those who earning minimum wage or less, 62% are women and 38% are men, according to the study. According […]

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EPI Analysis: Time To Raise The U.S. Minimum Wage

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EPI Analysis: Time To Raise The U.S. Minimum Wage

Economic Policy Institute Analysis: Time To Raise The U.S. Minimum Wage Analyzing the recent federal minimum wage proposals: $10.10, $9.00, and $9.80– Raising the minimum wage to $10.10 would give working families and the economy a much-needed boost An in-depth analysis of the impact raising the federal minimum to $10.10 would have, detailing the demographic breakdown of […]

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Average Starting Salary For New College Grads Up 5.3%

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Average Starting Salary For New College Grads Up 5.3%

The average starting salary for new college graduates earning bachelor’s degrees has increased 5.3% from last year, according to a new report by the National Association of Colleges and Employers (NACE). NACE’s April 2013 Salary Survey — the first look at starting salaries for the Class of 2013 — found that the average starting salary […]

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Party On Class Of 2013: Real World Offers Dim Job Prospects, Low Wages

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Party On Class Of 2013: Real World Offers Dim Job Prospects, Low Wages

Bummer job prospects and deflating wages await most of the graduating class of 2013, a new report finds. The Great Recession and its aftermath have decimated job prospects and earnings for young workers, a new Economic Policy Institute  (EPI) report shows. In The Class of 2013: Young Graduates Still Face Dim Job Prospects, EPI researchers Heidi […]

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Equal Pay Day

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Equal Pay Day

When President Kennedy signed the Equal Pay Act into law in 1963, women were earning an average of 59 cents on the dollar compared to men. While women hold nearly half of today’s jobs, and their earnings account for a significant portion of the household income that sustains the financial wellbeing of their families, they […]

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Equal Pay Day: Association Publishes Latest Analysis Of The Gender Pay Gap

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Equal Pay Day: Association Publishes Latest Analysis Of The Gender Pay Gap

A must-read for Equal Pay Day, the American Association of University Women (AAUW) has  published its annual pay gap analysis, The Simple Truth about the Gender Pay Gap, complete with charts on the gender pay gap broken down by state, race/ethnicity, education, and age. The analysis shows that one of the widest pay gap disparities is […]

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