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The company settled the lawsuit for million.  * In 2015, the U. Department of Labor, then under the leadership of Barack Obama, issued a regulation to make overtime pay mandatory for workers earning less than ,476/year.This was double the previous threshold of ,660.  * In 1931, the 71st U. Congress and Republican President Herbert Hoover enacted the first federal minimum wage law.In about 85% of these countries, intangible capital accounted for more than half of their wealth. Per the study: Today, women make up about half our workforce.But they still make 77 cents for every dollar a man earns. A woman deserves equal pay for equal work.  [A]fter we controlled for all the factors included in our analysis that we found to affect earnings, college-educated women working full time earned an unexplained 7 percent less than their male peers did one year out of college.Our analysis of the gender pay gap is the first to include fringe benefits in a comprehensive measure of compensation for men and women.The results show that including fringe benefits makes a considerable difference in the analysis of earnings differentials.Purchasing power parities allow for accurate measures of economic data across countries, because they relate the prices of the same goods and services in different nations.  * In keeping with Just Facts’ Standards of Credibility, all graphs in this research show the full range of available data, and all facts are cited based upon availability and relevance, not to slant results by singling out specific years that are different from others. Capital and business income provided 28%, and employer-paid benefits made up the remaining 11%.* In 2013, cash wages and salaries accounted for 61% of market income for U. This varied by income group on average as follows: * Gross domestic product (GDP) measures national economic output, or the value of all goods and services that a country produces in a year.
For our sample of working men and women between the ages of 26 and 34 in 1990, the average female wage rate was 87.4% of the average male wage rate; but when an index of total compensation is used, the estimate rises to 96.4% of male compensation.
This is simply not true.   * In 2011, the EPPI-Centre at the University of London published a systematic review of 115 corruption studies which found that “corruption has negative and statistically significant effects on [economic] growth—directly and indirectly.”  GDP per capita provides a general index of a country’s standard of living.
Countries with low GDP per capita and slow growth in GDP per capita are less able to satisfy basic needs for food, shelter, clothing, education, and health.   * In 2006, the World Bank analyzed the capital resources of 118 nations and found that the wealth of most nations is mainly comprised of intangible capital.
GDP is defined by the equation: Hours worked × Labor productivity.  GDP per capita provides a general index of a country’s standard of living.
Countries with low GDP per capita and slow growth in GDP per capita are less able to satisfy basic needs for food, shelter, clothing, education, and health. * In 2012, the Journal of Economic Perspectives published a paper about the economic consequences of government debt.In the 21st century, households throughout the country have purchased computers, televisions, i Pods, DVD players, vacation homes, boats, planes, and recreational vehicles.