New York Times (August 30)
“The iconic American worker of the 20th century—a man making cars in a Detroit factory—remains the focus of political debate about work in America. But the real face of the modern working class is a woman caring for that retired autoworker somewhere in the suburban Sun Belt. Half of the 10 fastest growing jobs in America are low-paid variants of nursing.”
Tags: Autoworker, Debate, Detroit, Factory, Nursing, Real face, Retired, Suburban, Sun Belt, U.S., Woman, Worker, Working class
Fortune (January 4)
“By the end of the first three working days of the year, the U.K.’s top bosses will each have earned on average as much as a typical worker will take home in all of 2018, according to a report. While the difference in compensation appears stark, it narrowed slightly compared with the previous year.” Studies show “earnings for CEOs in the U.K.’s benchmark FTSE 100 dropped by a fifth in 2016 to 4.5 million pounds ($5.4 million)” and that the CEO-to-worker pay ratio stood at around 120 to 1, much lower than the 347 to 1 of S&P 500 companies.