Monday, June 21, 2010

A post about statistical indicators.

Post 509 - Some interesting statistics I noted during this the past week. I believe most of these indicators speak for themselves.

- In 1994, nearly two-thirds of American-born teens ages 16 through 19 were working or looking for work. Last summer, the number had dropped to less than half. Over that same period, the number of teens not in the labor force rose from 4.7 million to 8.1 million.

- Enrollment in U.S. colleges rose from 5.9 million in 1965 to 17.5 million in 2005. In the fall of 2009, 70 percent of high school graduates were headed to a university campus, an all-time high. In 1970, one million Americans continued their education beyond college compared to 2.3 million in 2007.

- Most people think a full-time college student is someone who enrolled in a four-year full-time program, straight from high school. In reality, this description only fits 27 percent of college students in America today. Instead, more than 73 percent study part-time, have families to support, and work in challenging full-time jobs for at least 35 hours a week.

- In 1960, 77 percent of women and 65 percent of men had acquired all the traditional trappings of maturity by age 30: that is they’d left home, completed school, had full-time employment, and were married with a family. In 2005, that figure was 27 percent for women and 30 percent for men, respectively.

- The first 10 years of employment is when workers see 70 percent of their overall wage growth, according to the National Center for Education Statistics.

- More than 82 million people in the U.S. created content online during 2008. This number is expected to grow to nearly 115 million by 2013.

Only 11% of teens email each day, according to Facebook COO Sheryl Sandberg. People are increasingly spending more time on social networks rather than on email.

Barely a third of the soccer players who started games in the English Premier League in 2009 were actually English. Maybe that's why the English team has done so badly in the World Cup.

In the U.K., productivity losses tied to the World Cup could total $1.5 billion. Just over half or working men and a fifth of working women intend to watch the matches scheduled to take place during office hours as they happen.

More than 2,800 mail carriers were bitten by dogs in 2009 and most of these were attacked in the Los Angeles and Orange County areas.

The number of people giving up on cable hasn’t grown in the last two years, despite the growth of online web video over the same period. Since 2008, according to data from Nielsen, the percentage of the U.S. population that only has broadband Internet access and no cable television has hovered around 4%. Meanwhile, the percentage of people who subscribe to both cable and broadband has grown to 66% of the population from 55%.

Last time I checked, Southern California Edison had 18,000 employees. Of these, 30 % were older than 50. 41% of the top executives are currently retirement eligible. It’s estimated that 75% of the management team will turn over in the next seven years. Leadership development at Edison consists of 70% on-the-job experience, 20% coaching and 10% training. Do you know the numbers for your company? How do you compare to So. Cal. Edison?

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