Not getting the bang for their credit. More and more people are going to college than ever before, but that doesn’t necessarily translate into earning growth. Does college degree help in earning higher salaries? This data from The Economist highlights the extent of over-education in US and other developed countries. Between 1970 and 2015, the number of college… Read More »
STEM is strong. PhDs earn some of the highest salaries right out of college. But certainly not the same for men and women. This set of data collected by the National Science Foundation for those completing their PhDs in 2016 shows it matters a lot what field you specialize in. While business management PhD pays the… Read More »
Long lonely years until death. US life expectancy and retirement age for men and women. Life expectancy is rising faster than time at work. That means old retirees have long years until they die: men on average 13 years and women almost 20 years. A recent Bloomberg article said Americans are dying early and retiring late.… Read More »
Staying put. US median years spent at job, by age groups. US job mobility is shifting and millennials are job hoping less often than their parents or grandparents, contrary to what the media portrays. This report by The Economist shows it’s the middle aged workers (45-54 aged men) who are job hoping more often than any other… Read More »
See today’s Chart of the day here. Value of $100k invested in Jan 2010 in cash, housing, and S&P Index at the end of Jun 2017 (see more details of this chart at Chart of day, Aug 14, 2017) In Dec 2013, we made an offer of $345k on a house in Washington County, Portland Oregon.… Read More »