Charts and Infographics
In case you’ve been hiding out in a cave this week (one without a dependable wireless connection, that is), you’ve probably heard that Twitter has gone public.
The microblogging platform that took the world by storm less than eight years ago, now has more than 100 million daily active users worldwide and is valued at close to $13 billion. In September, the company filed for its Initial Public Offering (IPO). And on Thursday, amid much fanfare, Twitter’s stock began trading on the New York Stock Exchange under the ticker symbol TWTR, with shares initially priced at $26 a pop. Continue reading
Following up on his last cartoon infographic exploring “the poverty threshold” in the United States, graphic journalist Andy Warner digs into the concept behind “the poverty line,” the origins of that measurement and why it’s considered so outdated today. View it below in full, or in segments as a slideshow. Continue reading
It pays to put people under.
That’s according to the Bureau of Labor Statistics’ National Occupational Employment and Wage Estimates, which ranked anesthesiologists as America’s highest-paid workers in 2012, earning a mean annual salary of nearly $235,000, or an average of roughly $113. Continue reading
It turns out a lot of the workers who make Happy Meals aren’t actually all that happy about it.
It was a sentiment made abundantly clear in late August during a wave of one-day walkouts, in which thousands of fast-food workers around the country took to the streets to demand higher wages and the opportunity to join a union. Spurred by protests in New York that began last November, and supported by the Service Employees International Union, the demonstrations took place in front of about 1,000 restaurants — from McDonald’s and Burger King to Kentucky Fried Chicken and Subway — in 60 cities throughout the country. Continue reading
As of early August 2013, 36 wildfires were burning in eight western states and Alaska, including six in California and nine new large fires in Arizona, Idaho, Nevada, Oregon and Wyoming, according to the National Interagency Fire Center. Already this year, more than 2.5 million acres have gone up in smoke — an area bigger than Yellowstone National Park. And that’s actually a lot smaller than its been at this point in some recent years (last year, almost twice as many acres had burned by early August). Continue reading
The U.S. Census Bureau recently launched a nifty free interactive search tool that allows users to obtain basic demographic and economic statistics for every single congressional district in the United States. The expansive web-app uses the most recent data from the Census’ American Community Survey, an annual study that provides detailed statical portraits of communities across the country. Users can explore their own congressional districts for key data on demographics, jobs, housing characteristics, economic status, and education level. The one catch is that you have to know what congressional district you live in. But don’t fret! You can search for that right here, in yet another handy government web app.
Take it for a spin.
A Florida jury’s verdict earlier this month that acquitted George Zimmerman in the shooting death of Trayvon Martin, instantly fueled angry protests across the nation. From Atlanta to Oakland, demonstrators took to the streets, condemning the verdict as racially biased.
Despite the high visibility and widespread occurrence of these protests, however, the American public remains sharply divided in its reaction to the case, according to a Pew Research Center survey conducted about a week after the verdict. Continue reading
Try this on for size:
In 1960, an average American household spent over 10 percent of its income on clothing and shoes – equivalent to roughly $4,000 today. The average person bought fewer than 25 garments each year. And about 95 percent of those clothes were made in the United States.
Fast forward half a century.
Today, the average American household spends less than 3.5 percent of its budget on clothing and shoes – under $1,800. Yet, we buy more clothing than ever before: nearly 20 billion garments a year, close to 70 pieces of clothing per person, or more than one clothing purchase per week.
Oh, and guess how much of that is made in the U.S.: about 2 percent.
Browse through the timeline below to see how dramatically the cost and origin of our clothing has changed. And then continue reading to find out why.
Everyone likes a good deal.
And for that reason, most of us have flocked to clothing stores like H&M and Old Navy for the unbelievably cheap and expansive selection they offer.
T-shirts for five bucks; jeans and dresses for under $20. It’s almost like you can’t afford to not buy it.
Clothing is cheaper now than it’s ever been: today average Americans spend less than four percent of their total income on their wardrobes, about half what was spent 50 years ago, according to the Bureau of Labor Statistics.
It’s almost cheaper today to buy a whole new wardrobe than to pay to wash your old one (a bit of an exaggeration, yes, but really not all that far off).
But you know the saying that there’s no such thing as a free lunch? Same thing goes with your $5 t-shirt – it comes with some steep hidden costs. There’s no possible way retailers like H&M could be making billions in profits selling clothing at such low prices without there being some catch.
So what are we, the consumers, not seeing?