In 1965, when the U.S. economy was humming, the average CEO collected $24 for every $1 earned by a worker. Today, as the economy struggles, that ratio is $243-to-$1. It sounds bad and as the chart shows, looks even worse. The Economic Policy Institute (EPI) shows the trend here.
The Snapshot graph is part of the EPI report, “Occupy Wall Streeters Are Right About Skewed Economic Rewards in the United States,” released late last month.
Download the full Bivens and Mishel report, in PDF format, here.