Archive for the Factoids Category
Published March 12th, 2010
The folks over at Challenger Gray & Christmas have taken a look at what happens in the workplace when people are lured into the force field that is the NCAA basketball tournament. The results? They estimate that during the first week of the tournament alone, workers distracted by March Madness (and that includes you, Mr. [...]
Published February 20th, 2010
“In 2007, 47 percent of Harvard grads went into finance or consulting.” (Source: David Brooks, “The Power Elite,” NY Times, 02.18.10) BONUS! Quote of the day from the same column: “The meritocracy is based on an overly narrow definition of talent. Our system rewards those who can amass technical knowledge. But this skill is only [...]
Published February 14th, 2010
In 2007, American women earned about 166 associates degrees and 135 bachelor’s degrees for every 100 earned by men. Among African-Americans, women earned 219 associate’s degrees and 192 bachelor’s degrees for every 100 earned by men. (Source: WSJ via Dep’t of Education, 2/12/10)
Published February 7th, 2010
“According to an operational study of National Football League teams prepared for The Wall Street Journal by Boston Consulting Group, the typical NFL season requires 514,000 hours of labor per team. That’s about eight times the effort it took to conceptualize, build and market Apple’s iPod, according to BCG, and enough time to build 25 [...]
Published February 2nd, 2010
“According to Julia Isaacs of the Brookings Institution, the (U.S.) federal government now spends $7 on the elderly for every $1 it spends on children.” (Source: NY Times, 2/2/10)
Published January 23rd, 2010
“For the first time in American history,” today’s New York Times reports, “a majority of union members are government workers rather than private-sector employees.” Last year, the U.S. had 7.9 million unionized workers in the public sector and 7.4 million in private industry. Only 7. 2 percent of the private sector workforce belongs to a labor union, [...]
Published December 26th, 2009
“The U.S. government estimates that the cultivation and trafficking of illegal drugs directly employs 450,000 people in Mexico. Unknown numbers of people, possibly in the millions, are indirectly linked to the drug industry, which has revenues estimated to be as high as $25 billion a year, exceeded only by Mexico’s annual income from manufacturing and [...]
Published December 15th, 2009
December brings not only Christmas, Hanukkah, Kwanza, and Festivus. The month also heralds even more luminous and transcendent arrival: A new edition of the Statistical Abstract of the United States. The mainstream press likes to call this annual publication “Uncle Sam’s Almanac” — but within the tightly-bound world of factoid junkies, it’s known as “1,000 [...]
Published December 10th, 2009
Today’s Wall Street Journal reports that some bearish international investors have coined a new term for the countries that they believe are the weak links of the euro zone: PIIGS — which stands for Portugal, Italy, Ireland, Greece and Spain. That follows on the heels of the oft-used term for the most important emerging markets [...]
Published November 27th, 2009
The U.S. Census Bureau last week released its twice-a-decade look at what it calls “extended measures of well-being” — and the report is a trove of fascinating data. Among the most interesting nuggets: In 1998, 36% of American households had a cell phone; by 2005, 71% had one. (iIn 1992, the Census Bureau didn’t even [...]
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