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Who Benefits From Productivity Gains? It's Not The Workers
Monday, January 28, 2019 - 5:58pm | 735Read More...The American workforce improved productivity by 77 percent between 1973 and 2017 — but they reaped few of the fruits of their intensified labor. Their wages rose just 12.4 percent over the same period, according to the union-backed nonprofit Economic Policy Institute. That’s a 6.2...
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Report: The 10 Most Overpaid S&P 500 CEOs
Sunday, March 11, 2018 - 3:44pm | 979Read More...CEO pay has continued to show astronomical growth over the years, according to the Economic Policy Institute, or EPI. Between 1978 and 2016, CEO compensation surged by 809 or 937 percent, depending on whether it is measured using stock options granted or stock options realized, according to the...
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This Is The State Where The Top 1% Label Is Most Affordable
Saturday, April 15, 2017 - 3:34pm | 530Read More...New Mexico, where the ultra-wealthy made a whopping $231,276 in 2013, is the state where the "top 1 percent" label is most affordable. According to statistics from the Economic Policy Institute, that figure represents less than half of the threshold of states boasting the highest 1-percent...
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A History Of The Minimum Wage
Monday, January 9, 2017 - 9:27am | 578Read More...One hundred and two (102) years ago, Ford Motor Company (NYSE: F) announced a minimum wage boost to $5 per eight-hour day — a move that more than doubled the earnings of employees. The increase turned out to be economically instrumental, as it fostered greater productivity and improved...
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20 States Are Raising The Minimum Wage In 2017, Is Yours Among Them?
Tuesday, January 3, 2017 - 9:48am | 460Read More...Many of the lowest paid U.S. workers will be greeting 2017 with more than the usual cheer, as 20 states and the District of Columbia are set to increase their minimum wages at the start of the new year. Economic Policy Institute said more than 4 million low-wage workers across the country are...
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U.S. Household Incomes Rise For First Time In Nearly 10 Years
Wednesday, September 14, 2016 - 9:22am | 551Read More...U.S. household incomes had not risen since 2007. However, 2015 saw growth not only return, but also hit its highest rate since the Census Bureau first started releasing this data in 1967. Over last year, the typical U.S. family’s inflation-adjusted median income surged by 5.2 percent. After...
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Is The Overtime Rule Bad For Workers?
Thursday, May 19, 2016 - 12:14pm | 294Read More...President Barack Obama issued a new government regulation affecting workers making between $23,660 and $47,476. As part of the new decree, workers who fall under this bracket will be entitled to overtime pay. The upper limit of the bracket will also be increased every three years in accordance with...
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Finance Tips for 20-Somethings
Thursday, August 1, 2013 - 11:50am | 496Read More...While Benzinga mostly covers actionable trading ideas and news stories, we've decided to delve a bit deeper into personal finance. The team at Benzinga would like to assist readers with not just their investing endeavors, but their financial lives as a whole. And today, we continue this effort...
