Word: medians
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...number of Americans over 64 has jumped by 9 million, to 29.2 million, and it will rise an additional 6 million by the year 2000. The number of elderly poor has dropped by nearly half since 1970, and almost one-fourth of all elderly households have a median net worth of between $100,000 and $250,000. Their children are not doing nearly so well, and in the two-career marriages of the 1980s, they seldom have room or time to care...
...chairman of the Senate subcommittee that deals with welfare, Moynihan has launched hearings on ways to replace the system. The former Harvard professor is an astute analyst of demographic trends, and these days he is frightened by what he sees: the nation's median family income is hovering at the same level it was 17 years ago, the stable two-parent family is becoming the exception rather than the norm, and 12 million children are growing up in poverty and with inadequate training for the job market. If the U.S. does not take drastic action soon, he warns, "then...
...racism goes far beyond specific incidents of violence and overt bias. It underlies the persistent and worsening economic gap between blacks and whites. Blacks' median income was 62% of whites' median income in 1975 and 56% by 1985, according to a report on The State of Black America by the National Urban League. Unemployment among black youths has increased from nearly 25% in 1960 to nearly 40% in 1985. At the same time, according to a 1985 survey, less than 1% of the senior executives at the major companies in the FORTUNE 500 were blacks. In one poll of black...
Careers have been proving more attractive to women than early marriage. More than half of all women now work, and the median age of a woman at her first marriage has increased by two years in the past decade, a huge jump compared with the typically glacial pace of demographic change. Last week, however, the Census Bureau announced a reversal in that trend. New findings show that the median age of first-time brides registered its first drop in 20 years, falling to 23.1 years from a record...
...median salary for chief lawyers at privateuniversities was $57,500, while one-quarter of thegeneral counsels were paid more than $73,000, thesurvey said. The average salary in O'Brien's fieldwas $51,000, while one-quarter of the chieffinancial officers took home over...