economic policy institute

When your mother said that you should marry a doctor, she wasn't wrong. The latest statistics of the highest median annual pay from the U.S. Bureau of Labor Statistics has the medical profession in its top seven slots: 1. Psychiatrists: Equal or greater than $208,000 2. Obstetricians and...

Employment rose by 235,000 jobs in August, and the unemployment rate declined by 0.2%, according to the most recent Bureau of Labor Statistics numbers. The unemployment rate now sits at 5.2%. What Happened: While more jobs in the economy is generally welcomed news, many experts, including RSM...

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...

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...

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...

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...

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...

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...

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...

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...