Annual Wage as a Percentage of Per Capita GDP

Country	Industry	Rate	*	Annual Wages ($)	($)GDP per capita (World Bank)	Ratio
Guatemala	Apparel	$25/ week	1	1250	1660	0.75
Indonesia	Shoes	$.22/hour	2	550	580	0.95
Honduras	Apparel	$.38/hour	3	950	760	1.25
Vietnam	Shoes	$1.67/ day	4	500	370	1.35
United States	Apparel	$6.50/hour	5	17000	30600	0.56
	Textiles	$8.45/ hour	5	22000	30600	0.72
	Agriculture	$6.70/ hour	5	17400	30600	0.57
Based on 6 day, 50 hour week
* 1 “A World of Sweatshops.” Business Week, n3706 (November 6, 2000):84-86 2 “A World of Sweatshops.” Business Week, n3706 (November 6, 2000):84-86 3 “The ill-suited investors.” Corporate Location (Nov/Dec 1996):26-28 4 “Nike battles backlash from overseas sweatshops” Marketing News v32, n23 (Nov 9 1998) 5 U.S. Bureau of Labor Statistics

The Economic Way of Thinking: The Key to Financial Literacy

Professor Jamie Wagner discusses how economics is the key to financial literacy. She is a Professor and Teaching Fellow with…

As society evolves and transforms, so must world leaders – a fact that John Buck is aware of and has…

FTE is re-posting this article written during Trump 1.0. Much of what Professor Malek had to say about tariffs back…