The Econofactor

Pepper your daily conversations with economic trivia.

[The Economist @TheEconomist]

Barack Obama has proposed to raise the American federal minimum wage by 24% to $9 per hour by 2015 http://t.co/mxWiMLFI

[SBS News @SBSNews]

Japan posts record $A16.9b trade deficit http://t.co/F7Wq3N2R

[The Atlantic @TheAtlantic]

A reminder that education matters: The unemployment rate for college graduates is 3.7% http://t.co/WJNqwf8j

[Al Gore @algore]

40% of smartphone users connect to Internet immediately upon awakening, before leaving bed. #TheFuture http://t.co/pnRaaeET @TheAtlantic

[The Econofactor @EconoFact]

"The average American generates about 19 tons of carbon dioxide a year; the average European, 10." http://t.co/Nv9c8Y2G

[The New York Times @nytimes]

At $1.1 Billion, Bloomberg Is Top University Donor in U.S. http://t.co/OY6yiy34

[The Atlantic: Ideas @TheAtlIdeas]

4.5% of NRA Members Still Like President Obama, Says NRA http://t.co/xGcIbDDi

[Bloomberg @business]

Japan CPI falls for 6th time in 7 months, highlighting BOJ's challenge in meeting its 2% inflation goal | http://t.co/Rc8jVr7T

[The Atlantic @TheAtlantic]

Today, Apple's stock lost more than the *entire* market value of Nike, Starbucks, or Morgan Stanley http://t.co/3A6pBv7E

[The Econofactor @EconoFact]

"Spain is now home to a third of the euro region’s unemployed."
http://t.co/vicNxg17

[The Lowy Institute @LowyInstitute]

The National Security Strategy's budget numbers are out by a lazy $2 billion, says @captainbrown: http://t.co/oMsZBMau

[The Econofactor @EconoFact]

Women comprise 14% of the US army's active military personel.
http://t.co/qx7KTQnb

[The Econofactor @EconoFact]

up to 90% of world trade by volume is seaborne
http://t.co/rNsHHLcK

[The Econofactor @EconoFact]

"One of the questions puzzling [those] bearish on China is why iron ore prices have risen 80% in the past five months" http://t.co/VXEdIh5B

[The Econofactor @EconoFact]

... and "one in ten full-time employees earned $738 or less per week. " @ABSStats http://t.co/jCeoF1BU

[The Econofactor @EconoFact]

"One in ten full-time employees earn $2,364 or more per week" @ABSStats http://t.co/jCeoF1BU

[The Econofactor @EconoFact]

"Investors see a 48 percent chance the RBA will reduce the benchmark rate at its Feb. 5 meeting" - http://t.co/cVNGyL1K

[Grattan Institute @GrattanInst]

"Australia has 39 full universities, and over 130 other higher education providers. Their revenues exceed $24 billion per year..."

[The Lowy Institute @LowyInstitute]

China's working age population shrank by 3.45 million in 2012, and will keep shrinking until 2030: http://t.co/d5YyVTJi

[The Econofactor @EconoFact]

a bachelor degree increases life earnings by $1m for women, $1.4m for men (median)
http://t.co/UdqBOuT5