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WZTV FOX 17 - Top Stories
by CNN's Alison Kosik
Many of you are going over your W2's getting ready to do your taxes. That's a strong reminder of just how much you make every year, but you might not be taking home what you're worth. $775 was the median weekly pay for Americans in 2012, but how is that figured out? A lot of factors go into it. One of the biggest is education. The higher the degree, the bigger the paycheck. The Bureau of Labor Statistics says the median weekly earnings for someone without a high school diploma is just under $500. Those with a diploma take home almost $650 a week, while those who are University educated earn over $1000. Not only that, but the more education you have, the more likely you are to have a job. Employers are clearly willing to pay more for more expertise. The industry you work in is another big factor in determining the size of your salary. Wages in the service sector tend to be at the lower end of the scale. Workers in that industry typically take home a little less than $500 a week. Those with office and construction jobs find themselves in the middle of the scale. The big bucks can be found in management and the business sector. While it's no secret men make more than women do, race can also skew that gap. For ever dollar a man earns, an Asian woman makes only 70% of that, while a black woman makes almost 87%.
Many of you are going over your W2's getting ready to do your taxes. That's a strong reminder of just how much you make every year, but you might not be taking home what you're worth. $775 was the median weekly pay for Americans in 2012, but how is that figured out? A lot of factors go into it. One of the biggest is education. The higher the degree, the bigger the paycheck. The Bureau of Labor Statistics says the median weekly earnings for someone without a high school diploma is just under $500. Those with a diploma take home almost $650 a week, while those who are University educated earn over $1000. Not only that, but the more education you have, the more likely you are to have a job. Employers are clearly willing to pay more for more expertise. The industry you work in is another big factor in determining the size of your salary. Wages in the service sector tend to be at the lower end of the scale. Workers in that industry typically take home a little less than $500 a week. Those with office and construction jobs find themselves in the middle of the scale. The big bucks can be found in management and the business sector. While it's no secret men make more than women do, race can also skew that gap. For ever dollar a man earns, an Asian woman makes only 70% of that, while a black woman makes almost 87%.
Wednesday, January 23 2013, 08:49 PM CST
Tennessee News
Tenn. Powerball ticket worth $1 million
May 19, 2013 18:44 GMT
NASHVILLE, Tenn. (AP) -- A Powerball ticket sold in Tennessee barely missed winning a share of an estimated $590.5 million prize. But the ticket has a nice consolation prize worth $1 million.
Officials say the Powerball ticket worth $1 million was sold in Chattanooga.
There's no word yet on who won.
A Powerball ticket sold at a supermarket in Zephyrhills, Fla., matched all six numbers selected Saturday night for the estimated $590.5 million prize. It's the highest Powerball jackpot in history.
The winning numbers were 10, 13, 14, 22 and 52, with a Powerball of 11.
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