Archive for September, 2014

Hong Kong’s GDP as a Percentage of Mainland China Greatly Diminished

September 29, 2014

In 1997, Hong Kong’s GDP as a percentage of the Mainland Chinese GDP was 18%, but has decreased fifteen percent over the past fifteen years, to 3% today.

–from Vox.com

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Educational Mobility Low in the United States

September 19, 2014

Educational mobility is quite low in the US, where the majority of people attain the same level of education as their parents, or worse. In other words, most people from uneducated families stay that way and vice versa.

–from The Economist

Countries That Have Declared Independence from the United Kingdom

September 17, 2014

Scotland votes on whether to secede from the United Kingdom tomorrow and, if they do leave, they will join a vast array of former UK nations, starting with the United States in 1776 and continuing for hundreds of years and on every continent.

–from GlobalPost

Half of Millenials Worth $10,400 or Less

September 5, 2014

richerthanhalf

Half of Americans under age 35 have a net worth of $10,400 or less, compared to average $81,200 for all families. Strikingly, Americans with a college degree have a median wealth $167,000 higher than those with only a high school diploma.

–from The Wall St Journal

Americans Employed Full-Time Work 47 Hour Weeks

September 2, 2014

Americans working full time work an average of 47 hours per week. Full time hourly employees work 44 hours a week. Other than a slight decline in 2003, full time employees have worked this many hours for more than a decade.

–from Gallup.com