Corporate power keeps U.S. wages 20% lower than they should be ...

With inflation at a four-decade high, a U.S. government report shows corporate America has used its clout in the labor market to keep wages ...

With inflation at a four-decade high, a U.S. government report shows corporate America has used its clout in the labor market to keep wages 20% lower than ...

New Treasury Report Finds Corporate Concentration, Anti ...

This is a significant problem: the report estimates that lack of competition causes wage declines of roughly 20 percent for workers, relative to ...

Companies Pay Workers Less Than They're Worth, Biden Wants to ...

Companies are paying workers up to 20% less than they're worth because employers hold the power — and the Biden administration wants to change ...

How corporate governance strategies hurt worker power in the ...

Business strategies, including shareholder primacy, hurt workers, lower wages, and reinforce inequality in the United States.

Corporate Concentration Is Good for Productivity and Wages | ITIF

Given the fact that bigger firms on average tend to spur higher productivity and wages, policymakers should recognize that the current campaign ...

CEO pay slightly declined in 2022 - Economic Policy Institute

Policies that limit CEOs' ability to collude with corporate boards to extract excessive compensation are needed to prevent the U.S. from ...

Monopsony Power in Labor Markets | NBER

Jobs are more than sources of income and employees factor in more than compensation when making job choices. Many aspects of a job matter, ...

How Practical Are Biden's Proposals to Promote Labor Market ...

The Treasury report recommends using antitrust enforcement to combat employer concentration, a popular indicator of labor market power.

I don't understand why corporations can't just pay people more?

Smaller companies that are considered to be "growth socks," need to grow. You might be surprised how little, if any profit a lot of these ...

Monopolies Are Not Taking a Fifth of Your Wages | ITIF

A recent Treasury report on labor market competition provided a misleading narrative about labor market concentration and its effect on ...

Most U.S. workers say their pay isn't keeping up with inflation

Stunted purchasing power ... Not surprisingly, surging prices have hit lower-paid workers especially hard. The federal minimum wage of $7.25 buys ...

Unequal Power Publications | Economic Policy Institute

Mandated minimum wages, the conventional argument goes, will force firms to pay a wage higher than the market rate, resulting in job losses and, potentially, ...

Labor Unions and the U.S. Economy | U.S. Department of the Treasury

Over the subsequent decades, union membership steadily declined, while income inequality began to steadily rise after a trough in the 1970s. In ...

Measuring labor market concentration using the QCEW

Higher employer concentration is found to be significantly associated with lower wages, suggesting that concentration diminishes the bargaining power of workers ...

Study: Wages Are Still Losing In The Post-Pandemic Inflation Race

... their bargaining power to ask for higher pay. ... The hiring rate, meanwhile, has plunged to levels that are even lower than they were before the ...

Opinion | Corporate America Is Suppressing Wages for Many Workers

The culprit is “monopsony power.” This term is used by economists to refer to the ability of an employer to suppress wages below the efficient ...

Employer Concentration and Stagnant Wages | NBER

The Tax Cuts and Jobs Act (TCJA) of 2017 was the most significant reform to corporate taxation in the US in nearly four decades. ... Coal-fired power plants ...

The crisis of low wages in the US - Oxfam

Nearly a third of the workforce (31.9 percent) is earning less than $15 an hour: roughly 52 million workers and their families are struggling to get by on ...

Concentrated Corporate Power Is Holding Back Our Economy and ...

give employers the power to keep wages low by clarifying how existing antitrust laws apply when anticompetitive actions harm workers.53 ...