Word: medians
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Omya first arrived in Vermont in 1977 and today operates three mines and one processing plant in a necklace of towns near Danby. The company pays well, boasting average salaries roughly double the local median (though the number Omya touts includes the paychecks of well-compensated executives). Omya has also tried to respect indigenous businesses, hiring local truckers, for example, rather than bringing in its own. Vermonters appreciated this, and when Omya acquired a new 400-acre tract on the face of Danby's Dutch Hill, its executives figured they had at least a fighting chance of being allowed...
...remember revolting at the obligatory lunches in whichever Chinatown my family found ourselves in while on vacations abroad. The twiddling of Chinese cuisine in an attempt to defer to a foreign palate never ceases to amuse me. Bold flavours, robust odors, all attenuated and toned down to a median of blandness. This dish, and seven others only remotely similar to it, sloshed over with the same all-purpose sauce. Or, more unscrupulously, a restaurateur exploiting the relative ignorance of his clientele and passing off slapdash imitations as the real thing...
...level, no. One study showed a .4% increase in the number of impoverished Americans in 2001 over the year before, the first rise since 1993. The second recorded a 2.2% decrease in the median U.S. income, to $42,228. Hardly surprising. When there's a recession, people lose jobs, and incomes fall. But behind the numbers were some peculiarities that show how the country has changed--and how it hasn't. The reports show an increase in the number of non-Hispanic whites, Southerners and suburbanites living below the poverty line, while the number of poor African Americans has held...
...places, the reports fit together like jigsaw puzzles. For example, Michigan had a larger than average decrease in median income, yet had fewer people below the poverty line. Frank Stafford, a University of Michigan economist, explains that workers in that state's high-tech sector took a disproportionately serious hit. That would tend to affect those in middle-income brackets more than low-income workers...
...Harvard had earned median returns over the past ten years (which is what one would expect from a large, diversified fund), Harvard would have $8 billion less than it actually has now,” he wrote...