worker wages

CEO Pay Soars 20x Faster Than Worker Wages

Real worker pay globally has seen a 12 percent decrease between 2019 and 2025, while CEO compensation surged by a staggering 54 percent during the same period. This disparity is highlighted by instances where major corporation CEOs earned over $100 million last year, and billionaires received $2,500 per second in dividends in 2025. In response, the International Trade Union Confederation and Oxfam are urging immediate action, advocating for higher taxes on the wealthiest and the implementation of binding limits on CEO pay to address extreme wealth concentration.

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San Diego Costco Teamsters Stage Practice Picket Ahead of Contract Deadline

As the January 31st deadline for the Costco National Master Agreement nears, over 18,000 Teamsters nationwide, including those in San Diego, are engaging in practice pickets to demonstrate their commitment to securing a new contract. These actions, following similar demonstrations in other locations, underscore the union’s demands for improved wages and benefits, citing Costco’s substantial recent profit increase. Negotiations are scheduled to resume on Monday near Costco’s headquarters. The union’s strong stance highlights the disparity between company profits and worker compensation.

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