Word: medians
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Partly as a result of their academic accomplishments, Asians are climbing the economic ladder with remarkable speed. The 1980 census showed that median household income for the group as a whole was $22,700, exceeding not only that of American families in general ($19,900) but also the level reported by whites ($20,800). The national median was topped by the Japanese ($27,350), the Asian Indians ($24,990), the Filipinos ($23,680), the Chinese ($22,550) and Koreans ($20,450); among major Asian groups, only the Vietnamese ($12,840) fell below it. The household statistics are somewhat misleading...
...measure of acceptance and economic success that far surpassed their own. Once again the pattern is repeating itself. With a mixture of animosity and admiration, and no small dose of resentment, blacks are watching the new immigrants from Asia and Latin America flourish where blacks have not. Already the median household income of Koreans, Vietnamese, Haitians, Cubans and Mexicans has climbed past that of blacks...
...streamlined, cost-efficient operation. The agency has adopted a pragmatic approach to promoting long-term self-sufficiency in 60 developing nations. While most of the volunteers 20 years ago were young, liberal-arts-educated generalists, the Peace Corps now attracts specialists in forestry, agriculture, health and engineering. The median age has risen from 23 in the 1960s to 28 today. Volunteers make an average of $215 a month plus expenses during the usual two years of service. The total number of volunteers has remained at about 5,500 since 1981, far below the peak...
...Sidney J. Weinberg, a legendary financier of the 1950s, once served on 31 boards. By comparison, his son John L. Weinberg, chairman of Wall Street's Goldman, Sachs & Co., holds only six director's posts. The pay remains lucrative. The consulting firm Towers, Perrin, Forster & Crosby reports that the median annual fee among large companies is $18,000, plus $700 per board meeting and expenses. The most prestigious director's posts pay much more in return for a heavy commitment of time. The director who serves as chairman of Du Pont's finance committee attends at least three dozen meetings...
Truck buyers are young-the median age is around 33-and about one-third of new owners between the ages of 20 and 30 are women. Joan Cheek, of Simi Valley, Calif., passed along her 1972 Oldsmobile Cutlass to her son, and now commutes to her job at a hospital in a 1984 Chevy S-10 pickup. Says she: "A lot of women are driving trucks now. It's the thing." Cheek finds her truck handy for carrying groceries and hauling tree trimmings to the dump. She plans to add a metal cap (average price: $270) to cover...