Income

to other countries, it has a low Human Development Index score; its government is often referred to as a “kleptocracy,” or a government that takes advantage of systemic corruption to extend their own personal wealth and political power. Yemen’s low income economy has a GDP of 34.93 billion USD, as of 2015, and it faces difficult long-term challenges for stabilization and growth. The current, ongoing civil war between opposing regimes has halted Yemen’s exports, pressured the currency’s…

Middle Class Shrinks further as More Fall Out Instead of Climbing out and The One Percent. Roughly it is stated that middle class income is starting at $35,000 to $100,000 for a family of four. I have to disagree with that because it is such a big gap. I feel that anyone making over $85,000 should be considered upper middle. Speaking for a family of four having a combined income of $35,000 should be lower and not middle class. Just rent itself out of that for a family of four is roughly going to…

their survival to receive government aid. According to the department of numbers the census states that, “the median household income for California was $61,933 in 2014.” But looking at this median I can’t help but think who are they surveying. I work with a lot of low income families and as I review their paper work I notice that these families are not making this type of income. The people that I work with are making somewhere around 1,500 -2,500 a month. in cases such as…

2015). In 2015, the “median household income was $76,580” compared to $50,205 in Los Angeles (U.S. Census, 2015). Similarly, only 11.3% of the population of Santa Monica lives in poverty compared to 22.1% of the population of Los Angeles (U.S. Census, 2015). In examining the community’s ethnic backgrounds, the U.S. Census (2015) reports that Santa Monica’s residents…

A child 's acquisition of skills in early childhood is significantly impeded by a low-income socioeconomic environment in which a child is raised in and more specifically the parenting that a child in a low-income home receives. Parents in poverty stricken homes are less likely to provide supplemental education, such as reading to their children or helping with homework, which has a lasting effect on the child. In "Whatever It Takes" Paul Tough describes two studies that highlighted this issue.…

not require employers to offer retirement plans to their employees. If employers choose to offer retirement plans, they must follow strict guidelines regarding how the plans are managed, operated, and presented to employees. The Employee Retirement Income Security Act (ERISA) is the law that governs all retirement plans in the United States. ERISA laws set the requirements for how a company retirement plan must be run. While ERISA does not apply to all employers, states may also set rules for…

globe. As technology advances, it is causing people to lose their job because their job is no longer needed. Now that we have all of this technology do we even need jobs? Should everyone make the same income from the government? Would this universal income affect those who are already making a good income negatively, and is the $10,000 enough? All these things come into question. Especially with the 2016 presidential election coming up, the economy and jobs are a hot topic and with the rise in…

Income inequality is also heavily correlated to poverty, which leads to a deteriorating average quality of health in a society. Although most prosperous nations have universal health care systems, access to exercise, healthy food and quality health care are often limited for individuals of lower socio-economic statuses. A personal life length tends to vary depending on their income. Higher incomes contributes to a better diet, more exercise and less stress, which implies that income inequality,…

which America and the American Dream was built on. Today, however, the American dream remains unattainable because minorities, those that do not resemble the people which the dream was intended for, face disparities in education, income and overall quality of life. First, income…

ahead, the Non-GAAP gross profit for the quarter went up to $440.1 million from $329.6 million for the fourth quarter, 2014. Further, the gross margin went up 50% from 45.9% for the previous year’s same quarter. Looking forward to income, the Non-GAAP operating income was $335.2 million for the quarter as…