Corporate Greed

Executive Paywatch 2018: The Gap Between CEO and Worker Compensation Continues to Grow

Paywatch 2018

CEO pay for major companies in the United States rose nearly 6% in the past year, as income inequality and the outsourcing of good-paying American jobs have increased. According to the new AFL-CIO Executive Paywatch, the average CEO of an S&P 500 Index company made $13.94 million in 2017—361 times more money than the average U.S. rank-and-file worker. The Executive Paywatch website, the most comprehensive searchable online database tracking CEO pay, showed that in 2017, the average production and nonsupervisory worker earned about $38,613 per year. When adjusted for inflation, the average wage has remained stagnant for more than 50 years.

Apprenticeship Accelerator Forum Highlights Programs to Attract and Train Needed Manufacturing Workforce

Apprenticeship Meeting

The 2018 Manufacturing Apprenticeship Accelerator Forum took place in Cleveland, Ohio, on Thursday. The forum included presentations from a number of participating organizations, including the U.S. Department of Labor, the Ohio AFL-CIO, the Pennsylvania AFL-CIO, Chicago Women in Trades and the National Urban League, along with a number of private employers and workforce training providers.