Corporate Greed

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

Paywatch 2018
AFL-CIO

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
AFL-CIO

The 2018 Manufacturing Apprenticeship Accelerator Forum took place in Cleveland 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.

The New Tax Law Will Make Outsourcing Worse

We have already documented the many ways the Republican tax bill is bad for working people. In short, it's a massive giveaway to big corporations and the wealthy that throws away trillions of dollars we need to invest in America and create good jobs for working people.

This week, the Economic Policy Institute (EPI) organized an event to take a deeper look at how the new law will preserve and create incentives for corporations to move U.S. jobs overseas and shift corporate profits to tax havens abroad.