How workers got left behind in the pandemic while shareholder wealth soared
Molly Kinder, a fellow in Brookings Metro, discusses with host David Dollar her new report, “Profits and the pandemic” (co-authored with Katie Bach and Laura Stateler), which examines pay practices and financial outcomes during the pandemic-era of 22 of the nation’s largest companies. Kinder notes that most of the large companies enjoyed record financial gains during the pandemic, and that while a few did provide workers with pay raises that exceed a living wage, most did not, and the modest wage gains workers did receive have been wiped out by inflation.
Show notes and transcript: https://brook.gs/39SgeJ3
Dollar & Sense is part of the Brookings Podcast Network. Send feedback to podcasts@brookings.edu, and follow us on Twitter at @policypodcasts.
