wages

Armand Biroonak's picture

CAF STAFF

Gender Wage Gap Narrows at Snails Pace, Despite Legislation

Since the Equal Pay Act was signed in 1963, the gender wage gap has narrowed by less than half a cent per year. At this rate, women and men will have to wait another fifty years to earn equal wages.

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Armand Biroonak's picture

CAF STAFF

Women's Wages Less Than Men

Women earn 78 cents for every dollar earned by men. Over the course of her career, the typical working woman loses almost a quarter of a million dollars in wages.

Source
Armand Biroonak's picture

CAF STAFF

Professional Women Earn Less Than Male Counterparts

Women with advanced degrees or careers in high-paying fields can earn less than $ 2 million over their working lives compared to similar male counterparts.

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Armand Biroonak's picture

CAF STAFF

Companies Avoid U.S. Pay Standards, Outsourcing Jobs

For every dollar an American manufacturing worker is paid, a worker in Mexico is paid 12 cents and one in Hong Kong makes just 24 cents.

Source

Working Harder for Less Mocks the American Dream

But the current crisis has long roots. America's working families have been suffering through what is now a generation-long stagnation of wages and rising economic insecurity. Steps must be taken immediately to shore up our flagging economy and provide much-needed assistance to working families. more »

Armand Biroonak's picture

CAF STAFF

CEOs Rake in the Income

In 2007, chief executives of the 500 biggest companies in the United States made an average of $12.8 million apiece. That put their daily salary of $51,200 ahead of the typical workers’ annual salary, which was $42,650.

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Armand Biroonak's picture

CAF STAFF

Unions Raise Wages Significantly

Collective bargaining raises union members’ full-time median earnings by $10,400 a year.

Source
Bureau of Labor Statistics
Armand Biroonak's picture

CAF STAFF

Unions Provide Higher Wages and Benefits

Wages for union workers are 30 percent higher than for non-union workers ($863 median weekly earnings vs. $663). Union workers are 63 percent more likely to have health insurance (78 percent of union workers have employer-provided health insurance vs. 49 percent of non-union workers). And union workers are four times more likely to have pensions.

Source
AFL-CIO, http://www.aflcio.org/joinaunion/why/uniondifference/
Isaiah J. Poole's picture

CAF STAFF

Riding the Bush Roller-Coaster

Just as amusement parks build roller-coaster rides with ever more dramatic dips and twists, the Bush administration and conservative lawmakers have succeeded in building a roller-coaster economy where family incomes are exposed to sharper drops and turns. It's no fun. more »

Robert Dorst2's picture

Americans believe that international trade leads to lost jobs and lower wages

63% believe international trade has “made things worse” for the U.S. and causes job loss and low wages.

Source
Fortune magazine poll, January 14-16 2008. http://money.cnn.com/magazines/fortune/electionpoll/2008/pollresults.html