About 300 million Chinese consumers now have more disposable
income than a decade ago, and western companies want a part of it.
Not exact matches
The median household
income in Canada is about $ 70,000, roughly 10 per cent more
than a
decade ago, according to census figures released last month.
He added that people are also sick of seeing «billionaires not paying any federal
income taxes,» something Trump may have been able to do for more
than a
decade.
Truth be told, wealth inequality has traditionally been even more skewed
than income inequality in the U.S., and hasn't quite widened quite as much in the last four
decades.
«The challenge for an
incoming administration is always to make those policy changes without making law enforcement look like a purely political undertaking,» said William Yeomans, who worked in the division for more
than two
decades.
A striking 46 percent of renters ages 25 to 34 — the core of the millennial population — spend more
than 30 percent of their
incomes on rent, up from 40 percent a
decade earlier, according to a report by Harvard University's Joint Center of Housing Studies.
And when young adults do sign the deed, their purchase price is now substantially more, relative to their
income,
than it was
decades ago.
The figure represents a jump of 19 % on those who said they needed more
than $ 1 million to retire a
decade ago, according to Bloomberg, which also notes that people's expectations on the size of the nest egg they'll require tends to rise with their
income.
Moreover, CBO's latest baseline assumptions predict earnings to grow faster for high -
income earners
than for others in the next
decade, [32] suggesting that the Great Recession and financial crisis may have had only a temporary impact on the rising trend of
income gains at the top, much as the impact of the dot - com collapse in the early 2000s was only temporary.
In the past
decade, medical costs have increased 34 %, which is more
than any other major spending category and significantly more
than income.
Median
incomes in Western European countries still trail those in the United States, but the gap in several — including Britain, the Netherlands and Sweden — is much smaller
than it was a
decade ago.
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Millennials face a housing market where rent and home prices have risen faster
than incomes for
decades.
Yet on the whole, given their positive experience both with receiving more
income than they could get from the fixed -
income sector in recent years and the potential for capital appreciation over the long haul, dividend stocks and the ETFs that own them have demonstrated their long - term value to the investors who've gravitated toward them during the low - rate environment of the past
decade.
She found that, all else equal, for every one - percentage - point increase in the national unemployment rate, the starting
income of new graduates fell by as much as 7 percent; the unluckiest graduates of the
decade, who emerged into the teeth of the 1981 — 82 recession, made roughly 25 percent less in their first year
than graduates who stepped into boom times.
In the three
decades after World War II, when the
incomes of the rich grew more slowly
than those of the middle class, the top marginal rate ranged from 70 to 91 percent.
I've been using a variation on that model in my own business for more
than a
decade for some streams of
income, but I've recently learned that there are even better ways to do it.
For more
than a
decade, giving as a percentage of
income to all mainline churches, Protestant as well as Catholic, has declined.
Their leverage: More
than a
decade of unpaid taxes on his multimillion - dollar
income.
In other words, Granju would have us believe that that a women with
decades of scholarship in the area of gender studies, a woman with impeccable feminist credentials, has engaged in one of the leading issues in contemporary mothering and contemporary feminism for no better reason
than to promote increase her
income.
A question I raised before is what to make of the contention that increased benefits and tax credits in the past
decade have successfully raised many people from just beneath the poverty line (60 % of median
income) to just above it; However, these gains are said to disguise real and more entrenched increases in poverty - if the poverty line were 40 % of median
income rather
than 60 %, three quarters of a million more people would now be in poverty
than in 1997 -LRB-?)
Assembly Speaker Sheldon Silver used his office to mask millions of dollars in «bribes and kickbacks» as legitimate outside
income from two private law firms over more
than a
decade, according to a bombshell 35 - page criminal complaint filed by U.S. Attorney Preet Bharara today.
The verdict was a quick and unceremonious end for Mr. Silver, who, during his more
than two
decades as the State Assembly speaker, displayed a Teflon - like quality in deflecting questions about his outside
income as well as calls for his ouster.
A stinging 35 - page federal complaint said Silver pocketed the loot over more
than a
decade and that his claims that he had legitimate outside
income from personal injury firm Weitz & Luxenberg was «materially false and misleading.»
- GDP per capita is still lower
than it was before the recession - Earnings and household
incomes are far lower in real terms
than they were in 2010 - Five million people earn less
than the Living Wage - George Osborne has failed to balance the Budget by 2015, meaning 40 % of the work must be done in the next parliament - Absolute poverty increased by 300,000 between 2010/11 and 2012/13 - Almost two - thirds of poor children fail to achieve the basics of five GCSEs including English and maths - Children eligible for free school meals remain far less likely to be school - ready
than their peers - Childcare affordability and availability means many parents struggle to return to work - Poor children are less likely to be taught by the best teachers - The education system is currently going through widespread reform and the full effects will not be seen for some time - Long - term youth unemployment of over 12 months is nearly double pre-recession levels at around 200,000 - Pay of young people took a severe hit over the recession and is yet to recover - The number of students from state schools and disadvantaged backgrounds going to Russell Group universities has flatlined for a
decade
The New York City Housing Authority let dozens of apartments sit vacant for more
than a
decade — one for 21 years — and lost out on roughly $ 8 million in potential rental
income, according to a new audit from Comptroller Scott Stringer's office.
Consumption of contaminated fish «is an especially pressing concern for many communities of color, low -
income communities, tribes, and other indigenous peoples, whose members may consume fish, aquatic plants, and wildlife in greater quantities
than does the general population,» according to a landmark Environmental Protection Agency study published nearly a
decade ago.
For
decades scholars and public health officials have known that people with greater
income or formal education tend to live longer and enjoy better health
than their counterparts who have less money or schooling.
«Despite the difficult budget situation,» the chancellor announced in a statement, her campus is on a «steep upward curve — doubling our research
income in less
than a
decade» and reaching «a new high» of over half a billion dollars a year.
He notes, however, if an older adult's risk for dementia continues declining as it has in some high -
income countries over the last few
decades, «that increase in number of cases may be a little less eye - popping
than it would be if the risk were staying the same.»
In recent
decades, religious giving as a percentage of personal
income has decreased from about 1.2 percent of personal
income in 1963 to less
than 0.9 percent of personal
income in 2003.
U.S. Private Schools Increasingly Serve Affluent Families (Vox CEPR's Policy Portal) Richard Murnane discusses how fewer middle - class children are now enrolled in private schools and that an increase in residential segregation by
income in the US means that urban public and urban private schools have less socioeconomic diversity
than they had
decades ago.
Differences between low - and high -
income children in reading and math achievement are much larger now
than they were several
decades ago, as are differences in college graduation rates.
In the last
decade, priorities shifted to affordability for those with middle - and upper - class
incomes rather
than access for all.
YES Prep, now a network of seven Houston charter schools, was born more
than a
decade ago when Chris Barbic and fellow teachers at Houston's Rusk Elementary School got tired of hearing about countless low -
income children — their former students — dropping out of middle school and forfeiting their futures to drugs, crime, pregnancy, unemployment, low expectations, and general discouragement.
Children from affluent families are much more likely to attend private schools
than those from middle -
income or low -
income households; and the gap has been widening in recent
decades (likely a reflection of broader economic inequality).
Nearly two
decades after they attended an experimental preschool program in a low -
income neighborhood in Ypsilanti, Mich., the small group of young people monitored in a now - well - known study continue to fare better as students, workers, and citizens
than children from the same neighborhood who did not attend the preschool.
A thought - leader in higher education, she has spent more
than two
decades at prominent national educational institutions and at the highest levels of government, working to implement effective strategies to raise academic achievement and opportunity for low -
income and minority students.
For more
than a
decade, WKCD has turned to first - generation and low -
income students around the country for advice on how to make it to college and succeed once there.
But for the first time in more
than a
decade, the State Board of Education may only provide the test to low -
income students for free next year, requiring more well - off families to shoulder the cost of the five - subject, $ 52.50 exam.
Academic achievement gaps between high - and low -
income students born in the 1990s were much larger
than among cohorts born two
decades earlier.
In less
than two
decades, Chile rose from its position as the country with the seventh highest
income in Latin America to the wealthiest nation in the region.
Levin and Feinberg, more
than a
decade later, have invented something very rare in American education: a way of teaching low -
income children that actually works in 36 public middle schools, producing the largest and fastest learning gains around the country.
For more
than a
decade, CSDC has played a critical role in delivering financial services and technical assistance to new and early stage charter schools serving low -
income families.
Essentially, our student population today represents more low -
income students, English learners, immigrants, and students of color
than any time in past
decades.
Unlike early education, the state's after - school programs did not receive an increase in the reimbursement rate, even though the programs, serving 859,000 low -
income students, have been flat - funded for more
than a
decade.
First, although pre-K attendance has increased in the past two
decades, rates of access to early education vary widely as a function of children's socioeconomic backgrounds: African American, Hispanic, and low -
income children are less likely to access center - based early childhood education
than their white and more affluent peers.
A
decade - long study of after - school programs for low -
income youth found that arts programs attracted higher - risk students
than sports and had far greater academic and developmental benefits.
Reardon's research revealed that the achievement gap between high -
income and low -
income students has widened in the past three
decades largely because
income inequality has increased, affluent students arrive to kindergarten better prepared
than poor students, and affluent parents spend more on enrichment and tutoring.
She has spent more
than three
decades helping children from low -
income families choose a better school.