Median
in sentence
303 examples of Median in a sentence
Driven by the labor arbitrage embedded in economic globalization and the rise of disruptive digital technologies, advanced economies’ middle-class manufacturing jobs disappeared, their
median
incomes stagnated, and job and income polarization grew, even as GDP growth remained strong.
With politicians focused on the
median
voter, and a groupthink-generating media, the eurozone muddles through, just barely surviving.
Moreover, with starting salaries above the national median, the teaching profession attracts, develops, and retains some of the best graduates.
From them, the Reinharts and Rogoff found, for example, that
median
annual growth rates of real per capita GDP for advanced countries were one percentage point lower in the decade following a crisis, while
median
unemployment rates were five percentage points higher.
After the CME’s announcement, one of its competitors, the Chicago Board Options Exchange, said that it plans to create futures and options contracts on major US regions, to be based on the
median
home price published by the National Association of Realtors.
From 1993 to 2005, GDP growth contributed about 18 percentage points to annual
median
household income growth, on average, in the US and Europe; that figure plunged to just four percentage points from 2005 to 2014.
Longer-term factors like weak investment, decelerating labor-force growth, and a sharp slowdown in productivity growth have reduced income growth for the
median
household in most advanced countries relative to the 1993-2005 period.
As a result, real growth in
median
disposable income slowed by nine percentage points from 1993 to 2005, and by another seven percentage points from 2005 to 2014.
Sweden, where
median
households received a larger share of the gains from output growth in the 2005-2014 period, has bucked this negative trend.
To be sure, the US also intervened after the crisis, implementing a fiscal stimulus package in 2009 that, along with other transfers, raised
median
disposable income growth by the equivalent of five percentage points.
A four-point decline in
median
market income thus became a one-percentage-point gain in
median
disposable income.
Median
real income has fallen by over $1,500 in real terms, with American families being squeezed as wages lag behind inflation and key household expenses soar.
But while globalization has narrowed the gap between rich and poor countries, the gap between the rich and the poor within Western democracies has widened, owing to stagnant growth in
median
income.
Moreover, whereas the difference between mean and
median
household wealth is 59% in Italy, it is a whopping 282% in Germany.
Real
median
household income is still nearly 7% below its 2007 peak, real
median
household net worth dropped by 35% between 2005 and 2010 (and remains significantly below its pre-recession peak), and about 90% of the income gains during the recovery have gone to the top 1%.
America’s 2008 stimulus barely budged consumption upward, and the 2009 fiscal stimulus cost hundreds of thousands of dollars per job – many times higher than
median
pay.
For the 189 countries for which data are available,
median
inflation for 2015 is running just below 2%, slightly lower than in 2014 and, in most cases, below the International Monetary Fund’s projections in its April World Economic Outlook.
For this group, the
median
inflation rate is 0.2% – the lowest since 1933.
Median
inflation rates for emerging-market and developing economies, which were in double digits through the mid-1990s, are now around 2.5% and falling.
In 2010, the last year for which SCF data are available, the top 10% of the US income distribution had
median
holdings of some $267,500 in their equity portfolios, nearly 16 times the
median
holdings of $17,000 for the other 90%.
Moreover, the 2010 SCF shows that the highest decile’s
median
holdings of all financial assets totaled $550,800, or 20 times the holdings of the other 90%.
At the same time, the top 10% also owned nonfinancial assets (including primary residences) with a
median
value of $756,400 – nearly six times the value held by the other 90%.
This will be no small feat, not least because of the massive age gap between Africa’s young majority and their leaders: the average age of an African president is 62, while the
median
age of Africa’s population is 19.5.
A rule of thumb is that a minimum wage that is above 55% of the
median
wage will impede job creation (and economic growth);Puerto Rico’s minimum wage is 77% of the median, owing to the federal mandate.
Finally, and most important, the magnitude and duration of the drop in aggregate demand has been greater than expected, partly because employment and
median
incomes have been lagging behind growth.
The study found that only the top 1% of day traders made a profit – after deducting trading costs – in two consecutive six-month periods, and the
median
profit was hardly worth the effort: only about US$4000.
The minimum wage, which is earned by the
median
worker, buys less than 900 calories a day – not enough to feed a person, let alone a family.
As these countries’
median
age continues to rise, microeconomic evidence indicates that they will remain competitive – particularly if they capitalize on people’s ability to remain productive for longer.
For example, as China’s
median
age rises from 34.5 today to 42.5 by 2030, its one-child policy and high rate of internal migration will present unique challenges.
Any decision maker who depends on forecasts – a businessman, an investor, or a government official – needs to know the probability of very low or very high growth rates, as well as the
median
forecast.
Back
Next
Related words
Income
Years
Household
Growth
Which
Incomes
Countries
Wages
Average
Higher
About
Between
While
Family
Below
Would
Their
Population
Households
Annual