Money and Computing
How Hurricane Responders Track People Whose Lives Depend on Power: Registries of Medically Fragile Residents
As the US population ages and more people opt for home health care services instead of lengthy hospital and nursing home stays, the number of Americans who rely on the electrical grid to power life-sustaining home devices is soaring. Hurricane Sandy, which hit the East Coast in 2012, caused prolonged power losses for millions of residents in 17 states and sent hundreds of medically fragile people to hospital emergency departments to plug in their devices. At the same time, people with life-threatening injuries were crowding the same hospitals, creating chaos and death. That’s when the U.S. Department of Health and Human Services decided to help states locate and care for electricity-dependent residents during natural disasters. Using Medicare claims data, the agency created a database of people who use home medical equipment paid for by the federal insurance program for the elderly and disabled. more »
From the Census Bureau: Income, Poverty and Health Insurance Coverage in the United States: 2016
The 2016 real median earnings of men ($51,640) and women ($41,554) who worked full- time, year-round were not statistically different from their respective 2015 medians. The female-to-male earnings ratio was 0.805, an increase of 1.1 percent from the 2015 ratio of 0.796. This is the first time the female-to-male earnings ratio has experienced an annual increase since 2007.Between 2015 and 2016, the total number of people with earnings increased by about 1.2 million. In addition, the total number of full-time, year-round workers increased by 2.2 million between 2015 and 2016, suggesting a shift from part-year, part-time work status to full-time, year-round work status. more »
Most People Fail to Do a Simple Statistical Task When Viewing Online Ratings and Reviews Leading to Purchase Inferior Products
When shopping online, consumers engage in a type of social learning by which they become informed from the decisions of others. For example, you’re probably more likely to purchase a book at the top of the New York Times' best-sellers list or buy an app that’s been downloaded millions of times. But observing other people’s choices is only a part of social learning. The other is noting the resulting outcomes through mechanisms like online star ratings. But how people interpret — or fail to interpret — this data is affecting their decision-making in a negative way. more »
Labor Day 2017: The International Ladies' Garment Workers' Union (ILGWU) Was Once One of the Largest in the US
Through the years the nation gave increasing emphasis to Labor Day. The first governmental recognition came through municipal ordinances passed during 1885 and 1886. From these, a movement developed to secure state legislation. The first state bill was introduced into the New York legislature, but the first to become law was passed by Oregon on February 21, 1887. During the year four more states — Colorado, Massachusetts, New Jersey, and New York — created the Labor Day holiday by legislative enactment. By the end of the decade Connecticut, Nebraska, and Pennsylvania had followed suit. By 1894, 23 other states had adopted the holiday in honor of workers, and on June 28 of that year, Congress passed an act making the first Monday in September of each year a legal holiday in the District of Columbia and the territories. more »