Economy: Most who build wealth do so gradually, over time
For example, only 1% of families under 35 are millionaires, but that rises with age. By ages 55-64, 21% of families are millionaires. This trend is particularly pronounced among college…
Education: Oregon’s median class size is 22
The median number of students in a class in Oregon schools is just 22. Teachers are likely to strike, and are asking for smaller class sizes. Or that for each…
Demographics: Fewer people want kids
Survey indicates fertility rate will fall by another 0.2 in the current generation.
Demographics, Education: Fewer jobs for those with grad degrees
Employers no longer seeking as many grad degree holding job applicants, possibly due to the shrinking younger cohorts and labor shortage.
Workforce: Ageism is ingrained in the work world
Employers much more likely to hire someone less than 45 years old. After that, participation in the labor force begins to drop off sharply. According to an OECD report which…
Demographics: Average fertility rate in the OECD countries is 1.58
The average fertility rate of the OECD countries is now less than 1.6 where at least 2.1 is needed to maintain the existing population numbers.
Immigration: 18% of US workers are foreign born
The % of the U.S. population that is foreign born is approaching 1 in 5 adults, but within some work fields, it is far higher.
Demographics: Jackson MS proposes closing 16 schools
More school closures due to the fertility rate collapse.
Demographics: WSJ charts show the challenges of our declining labor pool
Why America Has a Long-Term Labor Crisis, in Six Charts – WSJ
Economy: Most home buyers put down 6%-7% for a down payment
The typical home buyer today puts forth a down payment of 6%-7%, not the 20% that was typical of the past.