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Top related persons:
EPI - 2 — - 1 EPI — - 1 San Francisco wasn't - 1 Jerome Powell - 1 Powell - 1 Paige Connell - 1 Autoworker - 1
Top related locs:
California San Stamford Norwalk , Connecticut Nassau Suffolk , New York
Top related orgs:
Service - 1 Business - 1 Affordable - 1 Francisco - 1 metros - 1 United Auto Workers - 1 Detroit - 1 Ford - 1

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3 mentions found


☆ Here's how much it costs to live in America's 10 most expensive cities
  + stars: | 2024-02-08 | by ( Madison Hoff | ) www.businessinsider.com   time to read: +3 min
Business Insider looked at the monthly costs for households with two adults and two children from the Economic Policy Institute's " Family Budget Calculator ." 1 — or the most expensive among the metros analyzed by EPI — based on its monthly total cost of around $15,000. With a monthly cost of over $3,000 for housing, based on the cost of a two-bedroom apartment, this was the largest monthly expense among the seven categories for this area. Childcare was the largest monthly expense among the seven categories for Nassau-Suffolk, New York, for instance. Below are the most expensive metros ranked based on the monthly total for two adults and two children according to EPI.
Persons: —, EPI, EPI —, San Francisco wasn't, Jerome Powell, Powell, Paige Connell Organizations: Service, Business, Affordable, Francisco, metros Locations: California, San, Stamford, Norwalk , Connecticut, Nassau, Suffolk , New York
☆ Striking auto workers want a 40% pay increase—the same rate their CEOs' pay grew in recent years
  + stars: | 2023-09-15 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com   time to read: +2 min
The union proposed 40% hourly pay increases over the next four years. Meanwhile, Ford CEO Jim Farley earned $21 million in total compensation last year, the Detroit News reported. Stellantis CEO Carlos Tavares made $24.8 million, according to the Detroit Free Press. And GM CEO Mary Barra earned nearly $29 million in 2022 pay, Automotive News reported. CEO pay at the Big Three has grown 40% in the last decade, according to EPI — in line with the UAW's demands for 40% pay increases for autoworkers.
Persons: Autoworker, Jim Farley, Carlos Tavares, Mary Barra, Josh Bivens, EPI, Shawn Fain, Ford, Barra Organizations: United Auto Workers, Detroit, Ford, GM, CNBC, Bureau of Labor Statistics, CBS, Detroit News, Detroit Free Press, Automotive News, NPR, autoworkers, UAW
☆ Over 8 million workers will get a raise on New Year's as states step in to raise their minimum wages
  + stars: | 2022-12-26 | by ( Juliana Kaplan | ) www.businessinsider.com   time to read: +3 min
8.4 million workers will get a raise on New Year's, according to the Economic Policy Institute. 23 states are set to raise their minimum wages on January 1, due to inflation, legislation, and ballot measures. Many states have raised local minimum wages past the federal minimum of $7.25 an hour. States and cities stepping in to raise their minimum wages is not a new phenomenon. A Democratic-controlled House and Senate failed to pass a $15 minimum wage in 2021, and it's been relatively silent ever since.
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