Word: medians
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...Such companies as Infosys, Wipro and Tata Consultancy Services (TCS) grew into billion-dollar behemoths by tapping armies of quick-coding, English-speaking, low-wage techies to do the software programming and back-office tasks that U.S. companies used to perform in-house. But Indian salaries are rising--the median annual wage for a software engineer jumped 11%, from $6,313 in 2004 to $7,010 in 2005, according to India's National Association of Software and Service Companies (NASSCOM)--and the country's technical colleges aren't producing highly skilled workers quickly enough. So foreign companies are turning...
...janitors' wages have risen, salaries for other Pittsburgh jobs have followed suit. Security guards, for instance, working in buildings where unionized janitorial workers are employed, have seen their earnings advance in parallel. Over the past three years, the median household income in the city has grown nearly 3%, from $39,643 to $40,699, adjusted for inflation. And annual janitorial-job turnover, as high as 300% in Cincinnati, is just one-tenth that rate in Pittsburgh. As a result, contractors' costs for recruitment and training are significantly lower. "For a community and its families, wage gains for low-income workers...
Find out how much a home could sell for by plugging in your address--or anyone else's--at Zillow.com Based on past sales and nearby sales, among other factors, the site's value estimates are said to have a median error of just 7.2%--although any one estimate can be wildly off the mark. Ozzy Osbourne's house, below, is reportedly worth about $8.5 million. Zillow has estimates for some 48 million of the 85 million single-family homes...
...Post-Katrina rise in the city's median income, to $43,447, owing largely to displacement of poorer black residents...
...parity was back, marking “the homecoming of American college women,” as Harvard economists Claudia Goldin and Lawrence F. Katz have termed it.THE ROAD HOMEAccording to a forthcoming article by Goldin and Katz in The Journal of Economic Perspectives, the rise in the median marriage age and the advent of the birth control pill mean that women expect to spend more years in the workforce. In college, women are “no longer...majoring in a handful of female-intensive fields,” Goldin and Katz write. Women are increasingly majoring...