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Worker Rings and Jobs

US CEO’s Paid More Than Foreign CEO’s, And They Pay Their Workers Less

May 28, 2018 By Sam Pizzigati, Inequality , , ,
PayWatch report, thankfully, provides that context: Average worker pay in the United States last year increased just 2.6 percent. In other words, as the PayWatch study notes, “the imbalance in our economy between the pay of CEOs and working people is worsening.” And that rates as a big deal. But to really understand how staggering America’s CEO-worker pay imbalance has become, we need to widen our field of comparative vision, from domestic to global. And what do we find when we take that step? Simply this: CEOs in the United States make significantly more than their counterparts in our peer nations, and American workers make significantly less.

A $15 Minimum Wage Is Sweeping The Nation

April 3, 2016 Bruce Covert, www.thinkprogress.org , , ,
By Bruce Covert for Think Progress. If 2014 was the year where the majority of states got on board with a higher minimum wage than the federal level of $7.25 an hour, 2015 was the year the rallying cry for a $15 minimum wage gained serious legislative traction. This year, three California cities — Emeryville, Los Angeles, and Mountain View — all passedminimum wage increases that will eventually bring them up to $15 an hour. Meanwhile, New York State enacted an eventual $15 minimum wage for its fast food workforce, while Massachusetts enacted one for its home care workers. Those increases came on top of previous progress: SeaTac and Seattle in Washington and San Francisco in California passed $15 minimums in 2014.

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