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CEO-worker pay gap continues to grow

5/25/2018

 
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 than the average U.S. rank-and-file worker. The AFL-CIO says the average wage -- about $38,613 last year -- has remained stagnant for more than 50 years. "This year’s report provides further proof that the greed of corporate CEOs is driving America’s income inequality crisis," said AFL-CIO Secretary-Treasurer Liz Shuler, adding that the federation plans to use high exec pay as a campaign issue this year. “When executive pay is out of control and wages for workers aren’t going up, that makes for an angry and energized populace."
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  • Home
  • Board & Staff
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  • Evening With Labor
    • Archive >
      • 2021 Evening With Labor
      • 2019 Evening With Labor
      • 2017 Evening With Labor
      • 2018 Evening With Labor
      • 2015 Evening With Labor
      • 2016 Evening With Labor
  • Stay Connected
  • Programs
    • Community Services >
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    • Political Action >
      • Archive
      • Mission
      • Elected Officials
      • Endorsements
      • DMV Voters Guide
      • 2018
      • 2016
      • 2015
      • 2014
      • Other
      • 2012
      • 2010
      • 2008
      • 2007
      • 2006
    • DC unemployment appeals
  • Hiring Hall
    • ADMINISTRATIVE
    • COMMUNICATIONS
    • INFORMATION TECHNOLOGY
    • INTERNSHIPS
    • LEGAL
    • MISC
    • ORGANIZING
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