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The Honolulu Advertiser
Posted on: Sunday, August 10, 2008

Young adults split in hourly, salary careers

Compiled by John MacIntyre

  • Percentage of 18-year-olds to 29-year-olds who see themselves as a career hourly worker, according to a survey for www.SnagAJob.com: 40

  • Percentage who consider themselves a career salaried worker: 41

  • Percentage of working Americans who are now paid by the hour, according to The Bureau of Labor Statistics: 59

    VACATION CHOICE

  • When Americans were asked if they could choose a vacation in any country in the world outside the United States without having to worry about the cost, the rank of Italy as the most popular choice: 1

  • Ranks of Australia, Britain, France and Ireland on the list: 2, 3, 4, 5

  • Percentage who say they would not go anywhere outside the United States: 6

    CASHING IN ON COFFEE

  • Value of the coffee market (inclusive of both retail and food-service sales) in 2007, according to an updated study from Packaged Facts: $44 billion

  • Percentage of coffee sales in 2007 that were accounted for by food-service venues: 87

  • Percentage of the retail market commanded by premium packaged versions of recognizable food-service brands, such as Seattle's Best, Starbucks and Peet's, according to indications thus far for 2008: 30

    YOUNG ADULTS, DEBT

  • Percentage of young Americans 18 to 34 years old who say they are facing growing financial stress, according to research conducted by Greenberg Quinlan Rosner for the Qvisory 2008 Greenberg survey: 55

  • Percentage of young people who report having gone deeper in debt over the past year: 73

  • Percentage who say they are paying only their minimum monthly amount on their credit card: 51

    PICK YOUR POISON

  • Percentage of U.S. drinkers who cited beer as their preferred beverage, according to the results of Gallup's annual Consumption Habits Poll: 42

  • Percentage who said wine is their preference: 31

  • Percentage who preferred liquor: 23

    COSTS OF INJURY

  • Estimated annual costs associated with common pain conditions and lost productivity due to musculoskeletal disorders such as tendonitis and carpal tunnel syndrome, according to a study by Fellowes: $61.2 billion

    MICRO FINANCES

  • Percentage increase in the number of "microborrowers" (people involved in the field of "microfinance," which serves those with very low incomes) worldwide in 2006, according to the latest Vital Signs Update released by the Worldwatch Institute: 17

  • Average microloan size worldwide: $1,026

  • Estimated value of the portfolio: $13.5 billion

  • Percentage of the people who lived on $2 or less per day in 2001 that today's 133 million microborrowers represent: 5

    BUSINESS TRAVEL

  • Percentage of international business travelers who say they are allowed to fly business class for long-haul flights: 56

  • Of the 44 percent who are not, percentage who say their company policy has changed in the past year: 10

  • Percentage of companies that say the area in which they are most limiting or keeping an eye on spending is air travel: 32

    PROFESSIONAL SKILLS

  • Percentage of CFOs who said that interpersonal abilities are the most important communication skill for financial professionals, according to an Accountemps survey: 50

  • Percentage who cited presentation/public speaking ability as the most important: 17

  • Percentage who said that negotiation skills are the most important: 16

  • Percentage who said writing ability: 12

    RENTERS' INSURANCE

  • Number of the approximately 87 million Americans living in rental housing who do not have insurance to cover their belongings in case of loss, according to a survey by Allstate: 50 million

  • Percentage of renters who say the reason for not having purchased rental insurance is that they haven't made time to look into it: 43

    IDLE THOUGHT

    "Nothing interferes with my concentration. You could put on an orgy in my office and I wouldn't look up. Well, maybe once."

    — Isaac Asimov

    Reach John MacIntyre at johnmacintyre@bwr.eastlink.ca.