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To a remarkable extent, inequality, which fell during the New Deal but has risen dramatically since the late 1970s, corresponds to the rise and fall of unionization in the United States. BLOG: Union decline and rising inequality in two charts The passage in 1935 of the National Labor Relations Act, which protected and…
The latest report in EPI’s annual series analyzing current and long-term trends in CEO compensation.
Wage theft—employers’ failure to pay workers money they are legally entitled to—affects far more people than more well-known and feared forms of theft such as bank robberies, convenience store robberies, street and highway robberies, and gas station robberies. Employers steal billions of dollars from their employees…
Millions of Americans struggle to get by on low wages, often without any benefits such as paid sick leave, a pension, or even health insurance. Their difficult lives are made immeasurably harder when they do the work they have been hired to do, but their employers refuse to pay, pay for some hours but not…
What this report finds: Corporate boards running America’s largest public firms are giving top executives outsize compensation packages that have grown much faster than the stock market and the pay of typical workers, college graduates, and even the top 0.1%. In 2021, we project that a CEO at one of the top 350 firms…
The notion that anyone in America who is willing and able to “pull themselves up by their bootstraps” can achieve significant upward mobility is deeply embedded in U.S. society. Conventional wisdom holds that class barriers in the United States are the lowest among the world’s advanced economies. Motivating this…
H-1B is a temporary nonimmigrant work visa that allows U.S. employers to hire college-educated migrant workers as well as fashion models from abroad; nearly 500,000 migrant workers are employed in the United States in H-1B status. The H-1B is an important—but deeply flawed—vehicle for attracting skilled workers to the…
Wages for typical workers lag far behind productivity growth. It hasn't always been this way and does not have to be this way. These 10 charts outline the historical context of workers’ wage trajectories, and what can be done to fix the gaping disparities.
The huge gap between rising incomes at the top and stagnating pay for the rest of us shows that workers are no longer benefiting from their rising productivity. Before 1979, worker pay and productivity grew in tandem. But since 1979, productivity has grown eight times faster than typical worker pay (hourly…
The data series and methods we use to construct our graph of the growing gap between productivity and typical worker pay best capture how income generated in an average hour of work in the U.S. economy has not trickled down to raise hourly pay for typical workers.
This report assesses the prevalence and magnitude of one form of wage theft—minimum wage violations (workers being paid at an effective hourly rate below the binding minimum wage)—in the 10 most populous U.S. states. We find that, in these states, 2.4 million workers lose $8 billion annually (an average of $3,300 per…