Saturday, November 24, 2012

Walmart applicants for job

Walmart has 1.3 million  associates and it had five million applicants for jobs last year and 20% of those applicants had previously worked for the company.

 Walmart's average sale Associate makes $8.81 per hour, according to IBISWorld.
 The average wage of a Walmart associate is $11.75 an hour, according to Dan Fogleman, a spokesman for Walmart,
 Walmart says the national average hourly wage for its full-time workers is $12.40.

Walmart is the biggest employer in the U.S. after the Department of Defense.

The average salary at U.S. Department of Defense is $63,846 according to  careerbliss.com.

 In 2011, federal civilian workers had an average wage of $84,671, according to data from the U.S. Bureau of Economic Analysis.

Friday, November 23, 2012

58% of the 1.8 million borrowers whose student loans were began to be due in 2005 hadn't received a degree

According to a 2011 study by the Institute for Higher Education Policy, a Washington, D.C.-based research firm, 58% of the 1.8 million borrowers whose student loans were began to be due in 2005 hadn't received a degree. Some 59% of them were delinquent on their loans or had already defaulted, compared with 38% of college graduates

Saturday, November 17, 2012

Debt burden—which exceeds 100% of GDP in U.S

On 15 November 2012, debt held by the public
 was approximately $11.45 trillion or about
72% of GDP. Intra-governmental holdings stood
 at $4.83 trillion, giving a combined total
public debt of $16.28 trillion.
GDP was estimated to be almost $16 trillion in 2012.

Mental inequality versus social inequality

Mental inequality is something that government cannot do anything about

Friday, November 16, 2012

Individual responsibility

Individual responsibility is the capacity to recognize and accept the consequences of a fact made freely.

Thursday, November 15, 2012

Turnout US presidential election 2012

Turnout dropped by 7.9 million voters, falling to 123.6 million this year from 131.5 million in 2008. This is the first decline in a presidential election in 16 years. Only 51.3% of the voting-age population went to the polls.

Monday, November 12, 2012

They're basically just looking for a steady job as their own boss.

Less than a quarter of America's 27 million small businesses have employees. An even smaller portion grow beyond 20 employees. And many of them don't want to. New research from the University of Chicago finds that 75% of small-business owners aren't aiming for growth at all. They're basically just looking for a steady job as their own boss.