Two years ago, Erin Ford graduated from the University of Texas with a bachelor’s degree in petroleum engineering. Recruiters came to campus to woo her. She got a paid summer internship, which turned into a full-time job after she graduated. Now, at age 24, she makes $110,000 a year.
Young people are not in the traditional rush to get their driver’s license.
A new study by Michael Sivak and Brandon Schoettle of the University of Michigan’s Transportation Research Institute confirms that year after year, fewer 16 to 24 year-olds are getting driver’s licenses.
There were almost 4 million babies born to American women in 2012.
According to statistics in a National Center for Health Statistics report released last week, fertility rates are leveling off for the first time since before the recession began as more American women are having babies in an improving economy.
Paying superstar programmers tens of millions of dollars is called the “Kobe Bryant effect.”
Venture capitalist Marc Andreessen says that engineers are being paid their “true value” in the technology industry, where some engineers are drawing multi-million dollar paychecks.
Ninety percent of the overall decline in enrollment was from students over 25.
For the first time in six years the number of college students has declined, according to new Census figures released this week. The half-a-million-student drop is “a huge decline,” Census Bureau statistician Julie Siebens told me. This sounds like bad news, but it could actually be a sign of good news. It means the labor market is — slowly, but surely — getting better.
The Angel CoFund is a government-backed fund in the UK.
Startups in the UK that are raising financing have a new route to funds in the shape of a government-backed fund which can super-charge an Angel round with extra cash. The UK government-backed fund, Angel CoFund ,is able to make initial investments of between £100,000 to £1 million into businesses, alongside syndicates of business angels. Angel CoFund launched in November 2011, and it was an early backer of Yplan, the events app which this year raised $12 million and PlayJam (a games maker for smart TVs). The fund started out investing in just some parts of the UK, but now it works nationwide. And it’s now had its first exit in its short, two year history.
Even employees who are employed in large corporations are encouraged to be “intrapreneurs.”
Entrepreneurs used to be thought of as the renegade cowboys out in Silicon Valley. Now it seems you have to be an entrepreneur just to get and hold a job.
31 percent of South Australia’s total energy came from renewable sources in 2012 and 2013.
In South Australia, one in five houses already has a rooftop solar array. Twenty-seven percent of that region’s power is derived from wind energy. New figures released by the Australian Energy Market Operator (AEMO) predict that thanks to new sources of wind and solar power in development, the area could source half of its energy from renewables within the decade. This would make South Australia the first industrialized region to achieve such an accomplishment, surpassing other green-power giants like Denmark and Germany.
A room at the Volkswagen research and design facility uses an LED lighting control system.
The lighting controls market has taken off. Commercial networked lighting systems will grow from $1.7 billion in 2012 to more than $5.3 billion by 2020, according to a new report by Navigant Research.
Why is this quiet trend is about to reverse itself?
There is some good news among the most vulnerable segment of American society despite a housing crisis, a great recession, rising income inequality, and elevated poverty. An estimated 633,000 population of homeless in America has declined in the last decade.
There is a 4% fall in student proficiency rates in states where teachers’ unions are stronger.
According to a study by Johnathan Lott of the University of Chicago Law School and Lawrence W. Kenny of the University of Florida of 721 U.S. school districts in 42 states shows a 1-standard-deviation rise in teachers’ union dues per teacher is associated with a 4% fall in student proficiency rates.
You have probably seen a sommelier when you have been to a fancy restaurant. A sommelier is a wine expert who makes sure you get the best possible match for your meal. But what if you don’t want wine with your dinner? What if you want a nice cold beer?