By The Numbers

Got milk (and financial success)?

Beidi Zhang Mar 19, 2015
15 percent

According to the National Urban League’s “State of Black America”, the black unemployment rate exceeds 15 percent in 33 major U.S. cities. The report also included a state-by-state assessment of education inequality for the first time, and found that areas with greater segregation also saw major reading and math proficiency gaps, as well as high school graduation gaps.

350 jobs

Yahoo announced it would close its remaining office in China, effectively eliminating 350 jobs. The company says the move is part of its efforts to cut global costs. As reported by the BBC, the fired employees have already been approached by a local employment agency.

$9

That’s how much Target will pay in minimum wage starting next month, as reported by the WSJ. As companies like Wal-Mart and T.J. Maxx make similar moves, efforts to attract and retain low-wage workers are getting more competitive.

$10 million

Speaking of Target, the company has reportedly agreed to pay a $10 million settlement in the class-action lawsuit related to 2013’s data security breach. As reported by Reuters, Target will put the money into an ” interest bearing escrow account, to pay individual victims up to $10,000 in damages.”

6,000 babies

That’s how many babies were involved in a Brazilian study looking at correlations between breast feeding and long-term success. As reported by the Guardian, babies that were breast-fed longer tended to be better educated, and higher-earning as adults.

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.