Stunning: $2.1 Trillion in US Corporate Profits Held Offshore

We spotted this stat today:

“U.S. multinational corporations’ offshore cash holdings nearly doubled between 2008 and 2013 to more than $2.1 trillion.[1] Why is such a huge sum held abroad and designated as “permanently reinvested”? The answer has to do with the way the U.S. corporate income tax system treats the earnings of foreign subsidiaries of U.S. multinational corporations.”

Source

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4 of The 10 Biggest Jackpots in US History Have Already Occurred in 2016

We spotted this stat today:

“If you’ve noticed that colossal lottery winnings are becoming almost common this year, it’s no accident. Four of the 10 biggest jackpots in United States history have already occurred in 2016, an engineered outcome intended to generate mind-bogglingly big winners.”

Source

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45 Percent of Baby Boomers Have No Retirement Savings

We spotted this statistic today:

“Here’s a terrifying nugget of data to wrap your hands around: based on IRI data, just 55% of respondents in its study had retirement savings in 2016, meaning 45% of baby boomers surveyed had absolutely nothing saved for retirement. ”

Source

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Technology Salaries In The U.S. See The Biggest Year-Over-Year Leap Ever

We spotted this stat today:

“Average technology salaries in the U.S. saw the biggest year-over-year leap ever, up 7.7 percent to $96,370 annually, according to the annual salary survey by Dice, the leading careers site for technology professionals. Bonuses and contract rates also rose from 2014, and tech salaries in seven metro areas reached six-figures for the first time since the survey began more than a decade ago.

The wage hikes paint a picture of an overall solid environment for technology professionals with 62 percent earning higher salaries in 2015. Almost half of respondents reported a salary increase as a result of upward mobility at the same company, with 38 percent receiving a merit increase and 10 percent receiving an internal promotion. The second most common reason for a rise in salary was a result of the professional changing employers (23%).”

Source

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Every Third Person In The US Workforce Is A Freelancer

We spotted this stat today:

53 Million people in the US are freelancers – that is 34 percent of the US workforce. This is from the KPCB Internet Trends Report

2015 Internet Trends Report from Kleiner Perkins Caufield & Byers

This is a huge proportion of the workforce, no doubt.

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Las Vegas Statistics: Record Visitor Traffic in 2015

42.3 Million visitors in 2015. We spotted this stat today:

“Visitor traffic was 2.9% above the record set in 2014 and 8% above the pre-recession peak.

Convention traffic was up 14.0% in 2015 compared to 2014, but was still 6.6% below the pre-recession peak set in 2006.”

Source

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5.6 Million: Number of Job Openings In The US

We spotted this stat today:

“There were 5.6 million job openings in December, just shy of the all-time record of about 5.7 million set in July, according to Labor Department data published Tuesday.

The number of job openings now is almost three times the 2.1 million during July 2009, just after the recession ended that June.”

Source

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$1,500 an Hour: Billing rates for partners at elite corporate law firms

We spotted this stat today:

“Partners at some of the nation’s top law firms are approaching—and, in a few cases, surpassing—that watershed billing rate, making the $1,000-an-hour legal fees that once seemed so steep look quaint by comparison.

Despite low inflation and weak demand for law firms’ services, rates at large corporate law firms have risen by 3% to 4% a year since the economic downturn, according to Citi Private Bank’s Law Firm Group.”

Source

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What Percentage of American Families Own Their Homes?

We spotted this stat today:

“The homeownership rate in the United States dropped to a 20-year low of 64.5 percent in 2014, according to new data released by the Census Bureau.

The homeownership rate is the percentage of households that own the home in which they live. “It is computed,” says the Census Bureau, “by dividing the number of households that are owners by the total number of occupied households.”

Source

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Onfleet: Over Half-A-Million On-Demand Deliveries In 4 Months

We spotted this stat today:

“Onfleet, the company that provides infrastructure for on-demand delivery, recently powered its one millionth delivery. More than half of those deliveries occurred within the last four months, Onfleet CEO Kahled Naim told TechCrunch. Onfleet powers deliveries and logistics for companies like HelloFresh, Meadow, Doughbies, Lugg and others.”

Source

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