CEO Pay Grew 20 Times Faster Than Workers' Wages

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Drudge Retort

Wage growth for workers has stagnated while CEOs' earnings continue to rise, according to a new report released Thursday from Oxfam and the International Trade Union Confederation. In the U.S., according to Oxfam, CEO pay increased about 20 times faster than workers' wages in the past year, based on an analysis of data from the SP Capital IQ database, the Federal Reserve and the Bureau of Labor Statistics.