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...Census Bureau released a report showing that the number of Americans living under the poverty line last year -- defined as an income of $14,763 for a family of four -- climbed to more than 39 million, or 15% of the nation's population. Worse, median income continued to decline, while the inequality between high- and low-income families increased. Labor Secretary Robert Reich openly showed concern that the U.S. was in danger of becoming a "two-tiered society." There was a smidgen of good news at week's end: new figures showed an unemployment rate of 5.9% -- the lowest...

Author: /time Magazine | Title: The Week October 2-8 | 10/17/1994 | See Source »

...environment, a President has few opportunities to stimulate the economy. Creating export-related jobs, which pay 17% more than the average U.S. job, is one way to accomplish this, and the President was reminded last week of how urgently he needs to do it. The Census Bureau reported that median household income fell last year $312, or 1%, while the number of Americans living in poverty -- below $14,763 a year for a family of four -- grew 1.3 million and now accounts for 15% of the population. This news came as a surprise to those economists who counted about...

Author: /time Magazine | Title: Trickery Wins Over Trade | 10/17/1994 | See Source »

...median undergraduate GPA of Georgetown first-years this year is 3.53 and the median LSAT score is 167, he said...

Author: By Rosalie R. Obrien, | Title: Community BRIEFS | 10/12/1994 | See Source »

...endowment also beat the median of Wilshire Associates' TUCS large, a measure of 53 institutional funds holding between $1 billion and $10 billion. Harvard outperformed that indicator by 6.7 percent, meaning the University outstripped most of its peers...

Author: By Jonathan N. Axelrod, | Title: HMC Returns Slow This Year | 9/27/1994 | See Source »

...endowment also beat the median institution fund over the three years, which matched the internal benchmark's return...

Author: By Jonathan N. Axelrod, | Title: HMC Returns Slow This Year | 9/27/1994 | See Source »

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