OWS Statistics: 85 Percent of Occupy Wall Street Protesters HAVE Jobs

Update: More interesting OWS Statistics
We spotted this today:

“The vast majority of demonstrators are actually employed, and the proportion of protesters unemployed (15%) is within single digits of the national unemployment rate (9.1%).

Professor Hector R. Cordero-Guzman and business analyst Harrison Schultz from the Baruch College School of Public Affair puts the unemployment rate of the Occupy protesters at 13.1%. In other words, approximately 85% employment rate.”

Statistics Source: Ritholtz

For Interesting Statistics Everyday, Find Statspotting on Facebook and Follow Statspotting on Twitter

35 Percent of U.S. Millionaires Support Occupy Wall Street Movement

We were surprised to spot this:

“A new survey from Spectrem Group shows that 35% of American millionaires – those with investments of $1 million or more – support the Occupiers. They agreed with the statement that the “protesters are making a good and valid point.”

Statistics Source: WSJ

The conclusion we can draw from this: 1 Million is not a benchmark anymore. We had earlier spotted some stats on the number of millionaires in the world.

For Interesting Statistics Everyday, Find Statspotting on Facebook and Follow Statspotting on Twitter

Celebrity Pay Stats: Who Is The Highest Paid Celebrity In The World?

We had spotted multiple CEO Pay Statistics. We spotted this today:

“And then there’s OWN, the struggling cable network that’s currently occupying most of Winfrey’s time. She’s trying to boost ratings with shows like Oprah’s Lifeclass and Oprah’s Next Chapter. Winfrey has the time to nurture the network now that she’s done with her syndicated show, and she also has the money. We estimate that Winfrey earned $165 million between May 2011 and May 2012.”

Statistics Source: Yahoo Finance

For Interesting Statistics Everyday, Find Statspotting on Facebook and Follow Statspotting on Twitter

‘The Equity Market Is A Rigged Casino’

We have heard this before, the fact that the market is not fair and efficient, but that there are some players with a significant edge over others – the players that can colocate servers, and can also do flash trading, for example. Our understanding of flash trading is this: you can see the order book for a second. wow.

We had spotted multiple OWS stats before. We spotted an article on Reddit today, by a person who says “I work in Wall Street and work in hedge fund analysis. I’m the only person in my office who supports OWS”. Here is the summary:

Hedge Funds are better equipped and networked to tap information faster, get beneficial transaction rates, have access to more financial products to trade in, are run with tonnes of tax and regulatory exceptions etc. The summary is this:

“The finance industry funnels money from the masses to the ultra rich, through vehicles like hedge funds which dominate all of the financial markets.”

we couldn’t agree more.

For Interesting Statistics Everyday, Find Statspotting on Facebook and Follow Statspotting on Twitter

‘Remember, The Top 1 Percent Is Not A Fixed Group, After All’

We had spotted mutilple OWS stats – we spotted this today:

“According to the paper, called “Tossed and Turned: Wealth Dynamics of U.S. Households 2007-2009,” by the Fed economist Arthur Kennickell, a third of the people in the 1% in 2007 were no longer in the 1% in 2009.

That means, in just two years, a third of the people in the 1% fell out while a new third moved in. These were one-percenters who became 99 percenters.

To be sure, most of them fell into the next wealth category, the 90% to 99%. But a few of the one-percenters fell into the bottom 50%. The overall shift shows just how arbitrary the bright political lines between the 99% and 1% can be. And the data ends at 2009, so we don’t know what has happened since.

Perhaps “we are the 90%, most of the time!” wouldn’t be as catchy a phrase for the Occupiers to use.”

Statistics Source: WSJ

For Interesting Statistics Everyday, Find Statspotting on Facebook and Follow Statspotting on Twitter

76 Percent of America’s Wealthy Are Pessimistic About The U.S. Economy

We spotted this today:

“the survey indicates that 76% of America’s affluent are concerned with the U.S. economy specifically over the next six months, a sharp increase from 57% last year.

According to PNC, the online survey was conducted among roughly 1,100 individuals, each with a minimum annual salary of $150,000 and over $500,000 in investable assets — over $1,000,000 in investable assets among retired participants. ”

Statistics Source: CNN Money

We had spotted multiple OWS stats earlier.

For Interesting Statistics Everyday, Find Statspotting on Facebook and Follow Statspotting on Twitter

The Top 10 Financial Firms Control 19.45 Percent of Global Finance

This will sync very well with the Occupy wall street theme – we had spotted some stats earlier on how a very small percentage of people control global wealth – we spotted this today:

“A significant portion of the global economy flows into the hands of a small group of financial institutions—that much we’ve known for some time. But in a new paper, flagged by the New York Times’ Economix blog, Stefania Vitali, James B. Glattfelder and Stefano Battiston name names. Using a methodology based on “ network topology,” the Swiss researchers identify which financial actors are at the core of the global economy. ”

Statistics Source: WashingtonPost

There are some obvious names in the list – JP Morgan Chase, Merrill Lynch, Vanguard, Fidelity,UBS ..

For Interesting Statistics Everyday, Find Statspotting on Facebook and Follow Statspotting on Twitter

Executive Pay Statisics: 49 Percent Pay Increase In Britain This Year

We had spotted some stats on CEO Pay stats before – we spotted this today:

“The annual average pay of executives, including chief executives and finance chiefs, at Britain’s 100 largest publicly listed companies rose to £2.7 million, or $4.3 million, according to research by Incomes Data Services published Friday. Chief executives received an average 43.5 percent pay increase, to £3.9 million, the report said. The FTSE 100 share index rose 15.8 percent in the period from February last year to April 2011.”

Statistics Source: NYTimes

For Interesting Statistics Everyday, Find Statspotting on Facebook and Follow Statspotting on Twitter

Corporate Power Statistics: 147 Companies Control Everything Globally

We have spotted some statistics around how a very few percentage of people control the total wealth in the world. Today we spotted this:

“Three systems theorists at the Swiss Federal Institute of Technology in Zurich have taken a database listing 37 million companies and investors worldwide and analyzed all 43,060 transnational corporations and share ownerships linking them. They built a model of who owns what and what their revenues are and mapped the whole edifice of economic power.

They discovered that global corporate control has a distinct bow-tie shape, with a dominant core of 147 firms radiating out from the middle. Each of these 147 own interlocking stakes of one another and together they control 40% of the wealth in the network. A total of 737 control 80% of it all.”

Statistics Source: Forbes

For Interesting Statistics Everyday, Find Statspotting on Facebook and Follow Statspotting on Twitter

Student Loan Statistics: Unpaid Loans In The U.S. Top 1 Trillion USD

We have written about the education-employment connection before. We spotted this today:

“Giving validation to Occupy Wall Street protests over the increasing burdens of student debt, a new report indicates that the total amount of outstanding student loans this year will exceed $1 trillion for the first time.

In addition, the amount of student loans taken out last year was greater than $100 billion, another new record, according to USA Today, citing the Federal Reserve Bank of New York.”

Read more: http://www.politico.com/news/stories/1011/66347.html#ixzz1bKuKg4Fj

Just as a comparison point – this amount is more than what Americans owe in Credit card debt.

For Interesting Statistics Everyday, Find Statspotting on Facebook and Follow Statspotting on Twitter