Data processing, hosting, and related services Xerox 5. Internet publishing, broadcasting, and web search Google 6. Computer systems design IBM 7. Scientific research and development QuintilesIMS. The tech sector has seen ups and downs over the decades.
Tech employment as a share of total private employment climbed through s and hit a high of 4 percent in , then fell as low as 3. The Great Recession also shook the industry, but in the turnaround had begun. Tech employment as a share of total private employment reached 3. Between and , jobs in the tech sector grew 20 percent versus an 11 percent gain for all private-sector employment.
Tech-sector wages grew 5 percent annually during those years. Wage growth has lifted the earnings of tech workers far above those of the average private-sector worker. In , the average tech worker made 1. By , tech workers made 2. Louis Fed. The theory goes like this: depressed wages have discouraged businesses from widespread deployment of productivity-boosting technologies. Why bother investing in capital equipment and software when workers are so cheap?
As the labor market tightens and workers become more costly, businesses will deploy labor-saving technologies on a massive scale. The glory days may turn into glory years.
The majority of Americans get most of their information about science and technology from the internet 56 percent , according to a Demo Memo analysis of the General Social Survey.
But where do they go online for most of that science and tech news? According to a follow-up question, these are the main online sources for those who get most of their science and tech information from the internet….
Nearly half of Americans aged 18 or older have tried marijuana, according to a Gallup survey. The 45 percent who have ever tried marijuana is the highest figure recorded in all the years Gallup has been tracking marijuana use beginning in when only 4 percent had ever tried it. A substantial 12 percent of Americans currently smoke marijuana, with younger adults most likely to do so…. One factor that would make it difficult for many to pay an unexpected bill is the lack of family resources.
Asians also are most likely to say their family could help with a down payment for a new car 51 percent or house 49 percent. They are also most likely to say their family could help them with college tuition or paying off student loans 58 percent. Grocery shopping is slowly moving online, according to the findings of a Gallup survey. Nearly 1 in 10 American families 9 percent say they shop for groceries online for pickup or delivery at least once or twice a month.
Here are the percentages by age…. Despite the significant presence of online grocery shopping, going to a store for groceries is still a universal activity. The percentage who shop for groceries in person at a store at least once or twice a month varies little by age, ranging from 97 to 99 percent. Among older men, such devastating losses are a nearly universal experience….
When lower-income men experience an income shock, their retirement savings take a hit. There was no effect on the retirement savings of men in the top 50 percent of the income distribution. According to the Employee Benefit Research Institute , 54 million American workers were active k participants in But how much have individual participants stashed away? EBRI has the answers. Here is the distribution of participants by the size of their account….
Millions of Americans are taking antidepressants, according to data collected by the National Health and Nutrition Examination Survey. Among the population aged 12 or older, more than one in eight Women are far more likely to take antidepressants than men Antidepressant use has increased since , when 7.
One reason for the growing use of antidepressants is their long-term use. Conversations with experts Will this year be a white Christmas in the UK?
Published: 17 Dec Published: 16 Dec Published: 11 Dec Conversations with experts Can the UK kick its sugar habit? Published: 10 Dec Published: 9 Dec Conversations with experts Could Britain feed itself? Published: 3 Dec Published: 2 Dec Laughing gas was the lockdown high of choice for many young people. Now empty canisters are everywhere, and dealers are hitting the streets with card readers. While eight of the top 20 countries are in Africa, Europe, Oceania, and Asia appear only once.
Of the remaining jurisdictions, five are in North America, and four are in South America. On the other end of the spectrum, the 20 countries with the lowest non-zero statutory corporate tax rates all charge rates at or below Ten countries have statutory rates of 10 percent, five being small European nations Andorra, Bosnia and Herzegovina, Bulgaria, Kosovo, and Macedonia. Chile temporarily reduced its statutory corporate income tax rate for most businesses due to the pandemic.
Hungary reduced its corporate income tax rate from 19 to 9 percent in Ireland is known for its low Notes: In response to the pandemic, Chile has adopted a temporary rate reduction to 10 percent for small businesses. Of the jurisdictions surveyed, 15 currently do not impose a general corporate income tax. Except for the United Arab Emirates, all these jurisdictions are small, island nations.
A handful, such as the Cayman Islands and Bermuda, are well-known for their lack of corporate taxes. The United Arab Emirates is a federation of seven separate emirates. Since , each emirate has the discretion to levy up to a 55 percent corporate tax rate on any business.
In practice, this tax is mostly levied on foreign banks and petroleum companies. Corporate tax rates can vary significantly by region. Africa has the highest average statutory corporate tax rate among all regions, at Asia has the lowest average statutory corporate tax rate among all regions, at Europe has the lowest weighted average statutory corporate income tax, at In general, larger and more industrialized nations tend to have higher corporate income tax rates than smaller nations.
The G7, which is comprised of the seven wealthiest nations in the world, has an average statutory corporate income tax rate of OECD member states have an average statutory corporate tax rate of The following map illustrates the current state of corporate tax rates around the world.
Countries in Africa and South America tend to have higher corporate tax rates than Asian and European jurisdictions. Very few tax jurisdictions impose a corporate income tax at statutory rates greater than 35 percent.
The following chart shows a distribution of corporate income tax rates among jurisdictions in A plurality of countries total imposes a rate at or above 20 percent and below 30 percent. Twenty-two jurisdictions have a statutory corporate tax rate at or above 30 percent and below 35 percent.
Only three jurisdictions have a rate over 35 percent. Eighty-five jurisdictions have a statutory corporate tax rate below 20 percent, and jurisdictions have a corporate tax rate below 30 percent.
Over the past 40 years, corporate tax rates have consistently declined on a global basis. In , the unweighted average worldwide statutory tax rate was Today, the average statutory rate stands at
0コメント