Friday, March 26, 2021

These are the highest paying jobs in San Antonio

By Jessica Miller of mysanantonio.com.

I made a table out of the numbers they have.

Rank

Occupation

Annual mean wage

1

PSYCHIATRISTS

$244,440

2

FAMILY DOCTORS

$237,670

3

CHIEF EXECUTIVES

$231,850

4

SURGEONS

$212,680

5

DENTISTS

$163,660

6

MARKETING MANAGERS

$154,160

7

ARCHITECTURAL AND ENGINEERING MANAGERS

$144,930

8

COMPUTER AND INFORMATION SYSTEMS MANAGERS

$142,940

9

FINANCIAL MANAGERS

$142,340

10

NATURAL SCIENCES MANAGERS

$140,200

11

SALES MANAGERS

$137,440

12

OPTOMETRISTS

$135,890

13

HUMAN RESOURCE MANAGERS

$129,700

14

LAWYERS

$128,280

15

PHARMACISTS

$127,520

16

PURCHASING MANAGERS

$124,280

17

PUBLIC RELATIONS AND FUNDRAISING MANAGERS

$120,480

18

GENERAL and OPERATION MANAGERS

$120,710

19

SALES ENGINEERS

$116,010

20

AEROSPACE ENGINEERS

$114,000

21

ADMINISTRATIVE LAW JUDGES, ADJUDICATORS & HEARING OFFICERS

$112,700

22

COMPUTER & INFORMATION RESEARCH SCIENTISTS

$112,110

23

INDUSTRIAL PRODUCTION MANAGER

$111,650

24

AIR TRAFFIC CONTROLLER

$110,810

25

NURSE PRACTITIONER

$109,550

See also from Nov. 2020 33 of the Highest-Paying Majors You Can Choose in College.

Relate posts:

What College Majors Pay The Highest?

50 College Majors With the Best Return on Investment

Studying Economics Increases Wages a Lot

Sunday, March 21, 2021

March Madness Is a Moneymaker. Most Schools Still Operate in Red.

College athletic departments run an average deficit of around $16 million, according to one sports economist 

By Jo Craven McGinty of The Wall Street Journal. Excerpts:

"fewer than 10% of Division I athletic departments . . . generated enough revenue to cover the expenses of their sports programs."

"in 2019, just 68 of 351 Division I men’s basketball programs generated more revenue than expenses. And in 2016 . . . 73 of 252 Division I teams earned more than they spent."

"In 2019, athletic departments across all three NCAA divisions generated $10.6 billion in revenue from all sports and spent more than $18.9 billion. The two biggest costs were financial aid for athletes ($3.6 billion) and coaches’ compensation ($3.7 billion)."

"only 25 of the 351 Division I athletic departments that provided data to the NCAA for 2019 generated more revenue than they spent.

“The average deficit is around $16 million in the athletic departments,” said Andrew Zimbalist, a sports economist at Smith College.

All 25 moneymakers were part of the Football Bowl Subdivision, one of three Division I subcategories. FBS schools, such as the University of Alabama, participate in bowl games"

"The NCAA’s biggest source of income is March Madness, which produces 75% or more of the organization’s annual revenue, Mr. Fulks said. (The NCAA doesn’t control football broadcast rights.)"

 Related posts:

Cost of attendance stipends in college sports 

How The Economics Of College Sports Might Be Distorted 

All is not well (financially) in the world of college football

Will Moving To NCAA Division I Status Pay Off For The University of the Incarnate Word?

The Flutie Effect: When The Teams Win, More Students Apply To The College.

There's A New Book On The Economics Of College Sports 

NCAA Takes Another Court Hit on Athlete Compensation: The Ninth Circuit ruled that the organization’s restrictions violated federal antitrust law 

The NCAA wants an antitrust exemption from Congress so it can oversee name, image and likeness deals

What Economists Say About "March Madness"

Public universities spend more per per athlete than they do per student

 

Friday, March 05, 2021

Company has to pay $108 million dollar fine

See Pilgrim’s Pride Is First to Plead Guilty to Chicken Price-Fixing by Michael Hirtzer of Bloomberg News. I will be covering anti-trust laws pretty soon in some of my classes and colluding on prices violates those laws.

"Pilgrim’s Pride Corp., one of the top U.S. chicken producers, has become the first company sentenced to pay a criminal fine as part of an ongoing antitrust investigation into the industry by the Justice Department.

The JBS SA-owned firm pleaded guilty to conspiring with rivals to illegally prop up prices between 2012 and 2017, and will pay $108 million, the Justice Department said Tuesday. That adds to hundreds of millions of dollars in civil settlements that the chicken industry has already made.

The fines and payments are likely not over, a sign that the extreme consolidation that’s occurred in the chicken industry over past decades is starting to exact a cost. The investigation into chicken antitrust is ongoing, the Justice Department said, and 10 individuals at major chicken producers have previously been charged.

The “guilty plea demonstrates our unwavering commitment to prosecuting companies that violate the nation’s antitrust laws, especially when it involves something as central to everyday life as the food we eat,” said Richard Powers, acting assistant attorney general of the DOJ’s antitrust division.

The chicken industry has also been embroiled in a class action lawsuit for years. Major buyers including Chick-Fil-A and Target Corp. have accused poultry companies of fixing prices. Pilgrim’s earlier this year said it would pay $75 million to settle with plaintiffs, while Tyson Foods Inc., America’s biggest meatmaker, said it would pay $221.5 million.

Pilgrim’s said the plea marks the end of the government’s investigation into the company.

The government “will bring no further charges against Pilgrim’s in this matter, provided the company complies with the terms and provisions of the agreement,” said Cameron Bruett, a spokesman for Pilgrim’s."