CEOs Recovering Well, Workers Not So Much originally appeared on the Economic Policy Institute (EPI) blog.
Escalating CEO compensation is a major contributor to income inequality. Along with financial sector pay, growing CEO compensation has helped more than double the income share of the top 1 percent over the past three decades. Read more »
Pittsburgh Electrical Workers (IBEW) Local 5 members are being credited with saving dozens of local senior citizens from a fire that tore through a nursing home June 25. Community College of Allegheny County instructor Tammy Miller was teaching a class of 24 IBEW members when some of the students spotted trouble at the senior living facility next door. Miller says: Read more »
In a showing of support and solidarity, members of Laborers Local 563 will continue to receive health insurance benefits even though they are on the picket line fighting to keep their retirement benefits. A strike fund has been established by Local 563 to support the more than 40 construction craft laborers who are on strike against Cretex at the company's Shakopee facility. Read more »
Having failed in yet another frontal attack on construction workers' wages, through defeat of their plan to kill Davis-Bacon Act prevailing wage requirements, workers' foes are trying a new tack: Change the wage base, to make the wages as low as possible.
That's what they set out to do at a mid-June hearing before the ideologically polarized House Education and the Workforce Committee – a panel packed with Republican foes of workers and their pay. Read more »
Union workers at Cretex Companies are stepping up pressure for a fair contract by airing ads on three Twin Cities radio stations. Members of Laborers Local 563 went on strike June 19, pledging to walk the picket line until Cretex abandons its attempt to strip workers of their pension benefits.
Since negotiations on a new contract for 38 members of Local 563 began in January, Cretex has refused to budge from its proposal to quit making contributions to workers' pensions, Local 563 representative Steve Buck said. Read more »