The bottom line
▪ Just under 28 percent of the more than 430 vacant board seats at Fortune 500 companies were filled by women in 2016, down from 30 percent the year before. It’s the first time women have lost ground in the boardroom since executive recruiter Hedrick & Struggles began tracking director appointments in 2009.
▪ There were nearly 2 million foreign-born workers in science, technology, engineering, and math fields in 2015, making up nearly a quarter of the U.S. STEM workforce. The number of foreign-born STEM workers has nearly doubled since 1990.
▪ Traditional stock picking now accounts for just 10 percent of trading on the stock market, according to a new report from JPMorgan Chase. Passive investments and computer-driven strategies make up 60 percent of trading volume, twice as much as a decade ago.
▪ Netflix now has more subscribers than all the largest cable-TV providers put together. Comcast, Char ter, Al tice, and other cable-TV_pro - viders in the U.S. now have a com bined 48.6_million U.S. sub scribers, versus 50.9_million Americans for Netflix.
▪ There is no place in the U.S. where a person working a full-time minimum-wage job could afford to rent a twobedroom apartment without paying more than 30 percent of his or her income, a common budgeting standard, according to the National Low Income Housing Coalition. Nationwide, you would need to earn $21.21 an hour on average to afford a twobedroom home—nearly three times the federal minimum wage of $7.25.
The Washington Post