Intriguing: ATMs Actually Increased The Demand For Tellers

We spotted this today:

“Starting in the mid-1990s, banks rapidly increased their use of ATMs; over 400,000 are installed in the United States alone today. One might expect such automation to decimate the ranks of bank tellers, but in fact the number of bank teller jobs did not decrease as the ATMs were rolled out” Source

Do read the source for the complete analysis – but here is the highlight – “In short, the economic response to automation of bank tellers’ work was much more dynamic than many people would expect”

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Stunning: More Than Half of U.S. Pregnancies Are Unintended

We spotted this stat today:

“Unintended pregnancies cost American taxpayers $21 billion each year, according to a new analysis released by the Guttmacher Institute. That averages out to a cost of about $366 per every woman of childbearing age in the U.S. Overall, more than half of U.S. pregnancies are unintended, and roughly 1-in-20 American women of reproductive age have an unplanned pregnancy each year.”

Source

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Chromebook Stats: Every Sixth Laptop Sold Is A Google Chromebook

We had suspected this – we spotted this today:

“Google Chromebooks are continuing to sell well in the U.S. The research firm estimates that in 2014 Chromebooks accounted for 14 percent of all laptop sales for both the commercial and retail channels; up 85 percent from 2013.” Source

Well, you don’t have to digest this stat. You can see it around you.

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Which Currency Has Fallen 70 Percent Since 2014?

If you track currencies, this is not news exactly – but if you are not, then here goes:

“Ukraine didn’t have the dollars to prop up its currency for very long, and when it belatedly admitted this, the hryvnia collapsed. Then it collapsed some more after the latest peace deal fell apart. So Ukraine’s central bank has done the only thing it could do: everything. It made its capital controls even stricter, banned currency trading, then reversed the ban on currency trading but begun intervening directly. It’s worked a little. Well, at least the hryvnia has rebounded from a low of 33.5 to now 27.2 per dollar. But that, as you can see above, is still a 70 percent fall from the start of 2014.” Source

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92 Percent of Americans Choose Financial Security Over Upward Mobility

We spotted this stat today:

“As income increases have slowed, American workers also have changed their aspirations: When asked whether financial security or upward mobility were more important, a record number, 92%, chose financial security, a rise of seven percentage points.”

Source

It’s a survey – but the numbers tell us a story that is hard to ignore.

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1 Billion Monthly Views, 4 Billion USD Revenue, No Profit. Who?

For an entity that is as much part of our daily lives as Google is, no profit is a bad situation to be in. We spotted this stat today:

“Google Inc. nurtured YouTube into a cultural phenomenon, attracting more than one billion users each month. Still, YouTube hasn’t become a profitable business.

The online-video unit posted revenue of about $4 billion in 2014, up from $3 billion a year earlier, according to two people familiar with its financials, as advertiser-friendly moves enticed some big brands to spend more. But while YouTube accounted for about 6% of Google’s overall sales last year, it didn’t contribute to earnings. ”

(Source)

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How Many Workers In the US Earn Less Than $10 An Hour?

We spotted this stat today –

“Walmart (WMT), America’s biggest employer, announced Thursday that it would raise wages for its employees to $9 an hour in April and $10 by February 2016. It will impact about half a million workers.

But experts say the Walmart raise won’t be much of a game changer for America’s working class.
Fifteen million Americans are still stuck in the low wage range between $7.25 and $10 according to the Economic Policy Institute.”

Source

Fifteen Million? Thats a huge, huge number.

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How Much Will You Earn Over A Lifetime?

We spotted this interesting stat today –

” the typical white person earns $2 million over a lifetime, compared to $1.5 million for the typical African American and $1 million by the typical Hispanic worker, the Urban Institute reports.”

Source

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Stunning: China’s Total Debt Load Equals 282% of GDP

Well, this number is truly stunning – we spotted this stat today –

“Total Debt Equals 282% of GDP: That’s how big China’s total debt load, including borrowing by the government, banks, corporations and households, had gotten by the middle of 2014, the report says. That’s far above the average for developing countries and higher than some advanced economies including Australia, the United States, Germany and Canada.”

(Source)

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Stunning (Or Not): 80% Of All Mobile Data Is Consumed By 10% Of Users

Well even Pareto would get this wrong – we spotted this stat today –

“Amdocs found that just 10 percent of mobile users are consuming 80 percent of the world’s mobile data traffic.

Amdocs, a telecom equipment maker that specializes in billing and network operations, calls these folks the “Technorati,” ”

(Source)

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