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| In the latest report in EPI’s annual series on CEO pay, EPI president Lawrence Mishel and research assistant Jessica Schieder look at CEO pay using two different measures. The first measure incorporates the value of stock options realized (or cashed in) in 2016 into total CEO compensation, while the second measure instead uses the value of stock options granted during that year. (Both measures also include salary, bonuses, restricted stock grants, and long-term incentive payouts.) Using the stock-options-realized measure, Mishel and Schieder find that CEOs of America’s 350 largest firms made 271 times more than the typical worker in 2016, down from 286-to-1 in 2015, but well above the 20-to-1 ratio in 1965. Using the stock-options-granted measure, CEO compensation rose to $13.0 million in 2016, up from $12.5 million in 2015. Read the report » |
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CEOs make 271 times more than typical workers. |
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The Department of Homeland Security (DHS) announced Monday it will expand the H-2B guestworker program by 15,000 visas for fiscal year 2017, despite scant evidence of labor shortages in the top H-2B jobs, according to a new report by EPI’s Daniel Costa. Costa also highlights that many migrant workers have been exploited through the H-2B program and that employers have been allowed to underpay H-2B workers for years thanks to loopholes in wage regulations. Costa ultimately suggests that employers experiencing a local labor shortage might find available U.S. workers if they recruited outside their city, region, or state, and if they offered more attractive wages and benefits (including offering transportation and housing to workers from outside the local area). |
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In a new report, EPI’s Josh Bivens finds that public investment in infrastructure could contribute significantly to solving two pressing macroeconomic problems facing the U.S. economy: a severe and chronic shortfall of aggregate demand, which has kept growth in both jobs and wages too slow, and a rapid deceleration in the pace of productivity growth, which provides the potential ceiling on how fast average income can rise. According to Bivens, there is strong evidence that a period of increased infrastructure investment effort could provide the fiscal expansion and capital deepening needed to boost both aggregate demand and productivity growth.
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The Chicago Tribune quoted EPI’s Labor Counsel Celine McNicholas in a story about the impacts President Trump’s labor policies have had on workers. Referring to the Trump administration’s rollbacks of worker protections, reversal of the Labor Department’s position on the overtime threshold, and proposed Labor Department budget cuts, among other things, McNicholas said, “The first six months of the Trump administration have been devastating for workers in this country—unprecedented even.” | From Overtime Rules to Worker Protections, 5 Ways Trump Is Shifting Labor Policy »
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| The Washington Post interviewed EPI’s Lawrence Mishel about his recent report (co-authored with EPI’s Jessica Schieder) on CEO pay. “The very highest paid [CEOs] may be receiving less this year than last when you include how much they received from cashing out their stock options,” said Mishel. “But CEO pay remains extraordinarily high relative to what’s happened to stock prices, wages of other high earners or corporate profits.” | Major Company CEOs Made 271 Times the Typical U.S. Worker in 2016 » |
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| The Huffington Post spoke with EPI’s Daniel Costa about the Trump administration’s H-2B visa expansion. The article reports that Costa “said there is no real evidence of a nationwide shortage in the industries that rely on H-2B visas” and that Costa “found that wages had remained stagnant or decline in nine of [the top 10 H-2B occupations]—an indication that employers aren’t raising wages the way they normally would if they had to attract workers.” | Trump Administration Adds More Foreign Guest Worker Visas » |
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EPI News—Top CEOs make 271 more than the typical worker. |
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| Helping the Children Victims of Divorce |
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| By Lynn Cassella-Kapusinski | TORN ASUNDER Children, the Myth of the Good Divorce, and the Recovery of Origins Edited by Margaret Harper McCarthy William B. Erdmans Publishing Co., 2017 216 pages, $34 To order: amazon.com As a child of... |
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Hi ,
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Психологи из Университета Ковентри и Оксфордского университета пришли к выводу, что высокая сексуальная активность может предсказывать сохранность когнитивных способностей в пожилом возрасте.
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Американские психологи показали, что направление взгляда мужчин и женщин отличается в зависимости от собственного и потенциального межличностного статуса наблюдаемого.
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Смертность героев сериала лишь незначительно превысила показатели смертности в эпоху войны Алой и Белой розы.
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Астроном из Великобритании Дункан Форган (Duncan H. Forgan) описал метод взаимодействия с внеземными цивилизациями посредством транзита.
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Математики из Гентского университета показали, что совмещение уборных и увеличение количества унитазов может значительно сократить время ожидания в женские уборные.
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Одной из возможных причин старения назвали эволюционную «гонку вооружений» между паразитами и их носителями.
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ВМС США в очередной раз испытали лазерный комплекс LaWS (Laser Weapons System). В Сеть выложили видео уничтожения беспилотного летательного аппарата.
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