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By Melissa Korn
How
do you project success? For men, it takes a strong–but not angry–tone; a
confident–but not arrogant– demeanor; and a commanding–but not
intimidating–physical presence.
New research suggests it may also help to have a nice, deep bass.
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James Earl Jones, shown at The Juilliard School’s 2012 commencement ceremony, has a voice some CEOs might envy.
Professors from Duke University’s Fuqua School of Business and
University of California, San Diego’s Rady School of Management recently
studied the vocal pitches of 792 male chief executives at publicly
traded companies. They wanted to find out whether deep voices correlated
with success, since prior research has shown that Barry White-like bass is often preferable when it comes to selecting a mate. A separate Duke study last year also found that voters favor political candidates with deeper voices.
The researchers in this latest study tracked the vocal “fundamental
frequencies” of CEOs’ speech during earnings calls or investor
presentations, then analyzed measures of their success, including
compensation, company size and tenure in the corner office.
The median CEO, with a 125.5 Hz vocal frequency, earned $3.7
million, ran a $2.4 billion company and was 56 years old. You can listen
to a variety of frequencies here. (For perspective, Duke researcher Bill Mayew says that James Earl Jones’s voice is around 85Hz, and Gilbert Gottfried’s tops 200Hz.)
Not bad, but researchers found that executives with voices on the
deeper (that is, lower-frequency) end of the scale earned, on average,
$187,000 more in pay and led companies with $440 million more in assets.
That benefit proved true even when controlling for a leader’s
experience, education, dominant facial features and other variables that
might sway decisions of recruiters and compensation committees.
A deep, smooth voice doesn’t necessarily guarantee a top corporate
job, and the researchers are careful to note that they are just noting
the correlation between the traits, not causation.
Mayew says he would like to assess the voices of women executives as
well, but he says there aren’t enough for a statistically meaningful
study quite yet. At last count, there were just 21 women CEOs in the Fortune 500. The research will be published in a forthcoming issue of Evolution & Human Behavior.
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Aunque el sector de la vivienda en México enfrenta problemas de deuda y bajas ventas, el país se encuentra lejos de una burbuja hipotecaria como la ocurrida en Estados Unidos en 2008, refieren especialistas.
"Hay cuatro elementos estructurales que nos llevan a concluir que México no está en un tema similar al de Estados Unidos, ni por comportamiento de precios, ni por condiciones de que haya aumentado excesivamente la capacidad de compra del acreditado, ligereza sobre el perfil o las condiciones de las hipotecas en el mercado secundario", explicó en entrevista con Excélsior, Jorge Yarza, presidente de la Unión Interamericana Para la Vivienda (Uniapravi).
Sobre el precio de las viviendas, explicó que se han mantenido con incrementos estables que van entre dos y tres puntos porcentuales por encima de la inflación, mientras que en Estados Unidos este incremento, cuando ocurrió la crisis de 2008, era de 15 puntos porcentuales encima de la inflación.
A la par de este incremento sobre el precio de las viviendas, en Estados Unidos se duplicó el poder adquisitivo de las personas, ya que se redujeron los pagos mensuales por millar, situación que en México también se ha mantenido estable desde la crisis de 1995.
"En nuestro país la tasa de referencia ha estado entre nueve y 14 por ciento, dependiendo diferentes esquemas e instituciones, lo cual lleva a pagos millar que van de ocho a 14 mil pesos, mientras que en Estados Unidos estos pagos se redujeron de 5.5 mil dólares a dos y medio, dando una enorme capacidad de compra a los acreditados, quienes se vieron en posibilidades de adquirir un inmueble del doble del valor, o bien otra vivienda del mismo precio", precisó Yarza.
"Al principio le prestaron más a sus mismos acreedores y simplemente al multiplicar el número de clientes para casas más caras se generó un aumento extraordinario de precios, es decir, se generó más demanda para la misma oferta provocando la subida de precios. Pero el problema no fue tanto eso, sino que empezaron a prestar a personas que no cubrían el perfil", recordó Gene Towle, director general de Softec, empresa dedicada a la medición del mercado inmobiliario.
Costos al alza
A partir de 2004, la Reserva Federal comenzó a subir las tasas de interés, comenzó a caer el precio de la vivienda y los pagos mensuales se incrementaron provocando un incremento en la cartera vencida hipotecaria.
"Adicionalmente, estas hipotecas habían sido colocadas en el mercado secundario como respaldo de instrumentos de inversión, el riesgo de las subprime, o hipotecas otorgadas a personas que no eran sujetas de crédito, se había sido transferido a los bonos de deuda, y de ahí a fondos de pensiones y de inversión, provocando un efecto dominó y una crisis severa", resaltó Towle.
Seguridad bancaria
En México, en cambio, a partir de la crisis de 95 el sector bancario se volvió más estricto en el otorgamiento de crédito. "Actualmente el sistema financiero mexicano es uno de los más sólidos del mundo, con un Icap por encima de lo que solicita Basilea III. Inclusive los cinco bancos más grandes del país están por encima del 15%", dijo por su parte Marco Medina, analista del Banco Ve por Más (Bx+).
Recordó que el índice de morosidad hipotecaria en el sistema bancario es de 3.52%, cifra que se ha mantenido por debajo de los cinco puntos porcentuales durante los últimos años.
Asimismo, en el Instituto del Fondo Nacional para la Vivienda de los Trabajadores (Infonavit), que otorga más de 70% de los créditos hipotecarios, se encuentra en 5%, aproximadamente.
"Los bajos índices de morosidad son reflejo de la rigurosa medición de riesgo que tiene el sistema mexicano, por lo que las bursatilizaciones que emiten el Infonavit y Fovissste no representan un peligro", dijo Medina.
En México se han construido cerca de diez millones de viviendas en los últimos 13 años, y para la próxima década se prevé una construcción de al menos otras diez millones, "la demanda así lo permite", recalcó Yarza.
Descartan quiebras
A pesar de los altos niveles de endeudamiento que tienen las principales desarrolladoras de vivienda, así como los limitados flujos de caja que han tenido durante los últimos años, queda descartado que alguna de estas compañías quiebre, aseguran especialistas.
"La confianza que tiene el gobierno federal en el sector y los apoyos que ha anunciado para el desarrollo de la vivienda son un reflejo que descarta la posibilidad de que Geo, Homex, Urbi o Sare se enfrenten a una quiebra financiera", aseguró Jorge Yarza, presidente de Uniapravi.
Recordó que el país demanda al menos un millón de viviendas anuales, por lo que las empresas tienen oportunidad de recobrar el dinamismo en su flujo de caja.
Sin embargo, precisó que estas compañías deberán cambiar de estrategia y adaptarse a las nuevas políticas de vivienda, que van orientadas hacia un mayor ordenamiento territorial y a construcciones habitacionales en zonas intraurbanas.
Marco Medina, analista de Bx+, recordó por su parte que las principales desarrolladoras, a excepción de ARA, se han enfrentado a débiles resultados derivado de los cambios en las políticas públicas y en modificaciones en la demanda.
"Primero tuvieron que adaptarse a las cuestiones de verticalidad a partir de 2009, luego a las ecotecnologías. Ahora habrá una nueva política de vivienda y, aunque no se prevén grandes cambios, tomará por lo menos hasta 2014 para que vuelvan a tener flujos positivos", resaltó.
Añadió que las desarrolladoras que más están creciendo son aquellas, que como Ara o Vinte, se han orientado más a la vivienda media, sector en el que la demanda va en aumento, debido a un incremento en el poder adquisitivo de los mexicanos.
El índice Habita, por los suelos
Las acciones de las constructoras mexicanas de viviendas se desplomaron ayer debido a las expectativas por los débiles resultados financiero del primer trimestre, que habrían deteriorado aún más la liquidez del sector.
El índice Habita, que agrupa las acciones del sector, cayó 14.74 por ciento, a un mínimo histórico de 100.40 puntos.
Las acciones de Homex se desplomaron 18.26% en la Bolsa mexicana, a 12.85 pesos; las de Geo bajaron 14.04%, a 5.45 pesos; y las de Urbi perdieron 10.41%, a 2.41 pesos.
Sare, que el año pasado logró refinanciar sus pasivos y está enfocado en la venta de activos, vio caer sus acciones 19.40%, a 0.403 pesos, mientras que ARA, la única firma del sector que generó flujo de efectivo en 2012, perdió un 13.35% a 4.48 pesos.
La semana pasada, Geo y Urbi –dos de las mayores constructoras de vivienda de México– anunciaron que contrataron a asesores financieros para evaluar la reestructuración de sus deudas, que se han mantenido creciendo desde hace varios meses.
Después del anuncio, la agencia Standard and Poor's bajó sus calificaciones de deuda para Geo a 'CCC' y la puso en revisión especial con implicaciones negativas.
La firma ya había colocado a Urbi en la misma calificación.
"La acción de calificación de Geo sigue al anuncio de que ha iniciado su proceso de reestructuración de su deuda. En este contexto, entendemos que la posición de liquidez de la compañía se debilitó más allá de nuestras expectativas durante los cuatro primeros meses de 2013", dijo Standard and Poor's.
Se las comen las deudas
Las grandes constructoras mexicanas de vivienda han visto golpeados sus resultados en los últimos dos años por mayores inversiones que han consumido su efectivo y elevado sus deudas, en momentos en que un cambio en la demanda por casas usadas golpea las ventas de las unidades nuevas.
Homex dijo ayer que está evaluando diversas medidas para mejorar su liquidez, que van desde la emisión de deuda hasta la colocación de capital privado y la venta de activos no estratégicos.
En un comentario adicional difundido por correo electrónico, Homex agregó que no tiene planeado contratar algún asesor financiero para un proceso de reestructuración.
En línea con los mercados globales, la Bolsa Mexicana de Valores (BMV) cerró ayer con una caída de 2.32%, la mayor baja desde septiembre de 2011, por una aversión al riesgo por malas cifras internacionales, el desempeño de los commodities, las vivienderas y luego de la explosión de Boston.
Así, el Índice de Precios y Cotizaciones (IPC) se ubicó por debajo de los 43 mil puntos, al perder 1,019.89 puntos respecto al nivel previo, para ubicarse en 42,984.38 enteros, su menor nivel desde el 25 de marzo pasado.
Este día destacaron los desplomes que registraron las emisoras mineras Grupo México y Peñoles, de casi 7.0% y 13.0%, respectivamente; así como de las desarrolladoras de vivienda en donde las caídas alcanzaron niveles de 20%.
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Money magazine's 101 Ways to Build Wealth
package offers blueprints for the different stages of your life on how
to achieve real financial security. In tips #28 through #52, we offer
advice for 35- to 44-year-olds.
When you're decades away from retirement, you can afford to take a
few riskier bets in a small part of your portfolio. Three emerging
trends worth your money: 28. Seek the financial frontier.
Wish you'd invested in Chinese equities before they quadrupled in the
past decade? Frontier funds, which invest in even less developed regions
-- think Kuwait, Nigeria, and Vietnam -- "are like the emerging markets
10 or 15 years ago," says Harding Loevner analyst Babatunde Ojo.
Your best way in: a diversified fund like iShares MSCI Frontier Markets ET.(FM) 29. Ride the shale boom. Oil
and gas production from shale deposits is "the most important energy
innovation of the 21st century," says Mark Luschini at Janney Montgomery
Scott.
That's no secret, so look beyond traditional energy giants. Halliburto (HAL, Fortune 500)is the largest provider of hydraulic fracturing services; railroads such as CS (CSX, Fortune 500)transport the oil after extraction. Both trade at P/Es under 11. 30. Favor new consumers. The
old way to invest in the developing world: via a Western multinational
active in China and India. Alas, these stocks also expose you to
slow-growing Europe, plus many sport lofty P/Es.
A better way: Buy shares of smaller, local companies that cater to the rising consumer class. EGShares Emerging Markets Consumer (ECON) is a one-stop shop. NEXT: Go for a smaller mortgage
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Cora Indians wear body paint during a celebration in the Sierra Del Nayar region of Riviera Nayarit, where several new resorts are to open. (Riviera Nayarit Convention and Visitors Bureau)
A new hotel and several other tourist facilities are scheduled to open during the upcoming year in Riviera Nayarit, one of Mexico's newest coastal developments. Several resorts in the region, which is north of Puerto Vallarta, also plan to add rooms or make other improvements.
"Riviera Nayarit has seen remarkable growth in the development of tourism infrastructure and offerings since our inception in 2007," said Richard Zarkin, public relations manager of Riviera Nayarit Convention and Visitors Bureau. "We are very optimistic going into this year and beyond."
Among the improvements:
The Iberostar Playa Mita, a 452-room resort, is scheduled to open later this year in Litibu, at the north end of Banderas Bay. The all-inclusive resort will feature two pools, a Kids Club, four specialty restaurants, three bars and meeting facilities. The resort will be Iberostar Hotel & Resorts’ 10th property in Mexico.
Tau Resorts Nahui is scheduled to open late this year, with 172 units. The new timeshare community will include a village, beach club, golf course, hiking trails and oceanfront water sports center.
The Grand Luxxe Nuevo Vallarta, a Grupo Vidanta resort that opened in 2010, is constructing a tower with 144 rooms, bringing its total to 540 rooms.
The new developments cap a year when several hotels opened or made improvements, including a new Hard Rock Vallarta resort, which debuted in August. Major renovations were made at the Grand Palladium Vallarta Resort & Spa, Occidental Grand Nuevo Vallarta and Four Seasons Punta Mita.
The governor of Nayarit is developing three inland destinations based on cultural appeal, Zarkin said: Sierra del Nayar, Lagunas Encantadas and Nayarit Colonial.
Sierra del Nayar ishome to several indigenous ethnic groups, including the Coras, Huicholes, Tepehuanos and Mexicaneros, and hosts several colorful festivals throughout the year.
Lagunas Encantadas, in central Nayarit, has three lagoons and offers a variety of boutique hotels, water sports and fishing.
The Nayarit Colonial region features historic structures influenced by the Spanish conquest. In Nayarit Colonial, the tourism bureau says, "time stands still."
Riviera Nayarit stretches along 192 miles of Pacific coast and includes the resorts of Nuevo Vallarta, the historic colonial town of San Blas and upscale Punta Mita, besides fishing villages, beaches and Banderas Bay.
Follow us on Twitter @latimestravel and like us on Facebook
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Julie Schmit, USA TODAY11:30 a.m. EDT April 16, 2013
Housing
starts jumped last month to their highest level since 2008 but
construction of single-family homes took a dip, the Census Bureau
reported Tuesday.
Total starts were up 7% in March from February,
running at a 1.036 million seasonally adjusted annual rate, a gain of
almost 47% over last March.
That level of activity marks the first
time housing starts have passed 1 million in 57 months, says Robert
Wetenhell of RBC Capital Markets.
'Housing fundamentals are rapidly improving," he says, adding that starts will continue moving higher this year.
Multi-family
starts drove March's increase, rising 31% from February, to the third
highest reading since 2000, Capital Economics says.
By contrast,
single-family housing starts were running at a 619,000 rate, down 4.8%
from February, Census said. That news came a day after a report that
home builder confidence fell for a third month.
"Clearly, the home
building recovery is running into a few snags. Building material costs
are rising, there's a shortage of construction workers and builders are
struggling to find easily developed lots," says Paul Diggle, Capital
Economics economist.
Still, the big rise in overall housing starts
in March should help to calm the nerves of those worrying that the home
building recovery is running out of steam, he said.
For March, building permits, an indicator of future construction, fell 3.9% from February, to a 902,000 annual rate.
While
the jump in multi-family housing starts boosted activity in March, a
boom in rental apartments is a negative for single-family home building,
builders and private home re-sellers, says Mark Hanson, a real estate
adviser to professional investors. He expects a flood of apartments and
single family homes for rent to outpace demand.
New residential
construction fell 5.8% in the Northeast last month, but showed gains in
the rest of the country led by a 10.9% rise in the South. Construction
was up 9.6% in the Midwest and 2.7% in the West.
While home
builder confidence took a hit in April, builders' expectations for sales
the next six months hit the highest level in six years, the National
Association of Home Builders/Wells Fargo Housing Market index showed.
The
optimism is largely being driven by the low inventory of homes for
sale, mortgage rates that remain near historic lows and rising consumer
confidence, says NAHB's chief economist David Crowe.
Still, the
comeback for new-home sales and construction will take years, experts
say. New home sales should hit 463,000 this year, up from a dismal
366,000 last year, says IHS Global Insight. It doesn't expect sales to
climb back to more historically normal levels, above 800,000, until
2015. Contributing: Associated Press
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Samuel Weigley and Alexander E. M. Hess, 24/7 Wall St.7:04 a.m. EDT April 14, 2013
The wage gap between men and women will not close for 45 years, according to new research from the Institute for Women's Policy Research.
The group found that the wage gap will close in 2057, a year later than previously projected, due to slow progress in recent years toward improving equality.
April 9 was Equal Pay Day, a holiday established in 1996 to highlight the earnings discrepancy between men and women in the United States. Across the country, women in full-time, year-round jobs make just 78.8% of what men in comparable positions make, equating to more than $10,000 less a year.
The gap can be larger or smaller depending on the metropolitan area. Women working full time and year-round in the Provo-Orem, Utah, metro area make just 61.6% of what men make. Conversely, women in the Los Angeles area make 91.4% of what men make.
That women's salaries are more in line with men's in some areas does not necessarily mean that women in those areas are doing well relative to women elsewhere. In fact, the median income for women in eight of the 10 best paying metro areas for women was less than the national median income for women, which was $37,199. Women earned less than $30,000 in metropolitan areas like McAllen, Texas, and El Paso, where income inequality was less pronounced.
Many of these areas have a higher concentration of low-wage jobs in sectors such as maintenance and food preparation, which also tend to pay women and men more equitably. "A low-wage gap can just mean shared misery," said Ariane Hegewisch, a study director for the Institute for Women's Policy Research.
The gap tends to be more pronounced in higher-wage occupations, especially ones where a sizable portion of pay comes from bonuses and commissions, Hegewisch pointed out. This is because these types of compensation measures tend to be based to a larger extent on subjective factors, allowing for bias to impact a wage decision unnoticed.
Conversely, positions in fields such as information technology tend to have a much lower pay disparity between men and women, since pay tends to come predominantly from base salaries.
24/7 Wall St. identified the metropolitan areas that have the smallest pay disparity between men and women by comparing the median earnings for the past 12 months of both men and women working full-time, year-round in the country's 100 largest metropolitan statistical areas. We also reviewed employment composition in different sectors and the wages for both men and women in each. All data was from the U.S. Census Bureau for 2011, the most recent period available. These are the best-paying cities for women: 10. Tampa-St. Petersburg-Clearwater, Fla. > Women's pay as a pct. of men's: 84.8% > Median income for men: $42,420 > Median income for women: $35,958
Although median earnings for women in the Tampa metropolitan area were lower than the U.S. median of $37,199, they were closer to men's compared to the country as a whole. In office and administrative support positions, where 16.6% of full-time workers in the area were employed, women made 93.4% of men's wages, compared to 87.7% across the country. In sales-related occupations, women made 80.9% of men's pay. Although this gap was wider than the wage gap as a whole, it was better than all but one other metropolitan area. Production occupations, which nationwide pay women less than 70% of men's salaries, are far less common in Tampa, accounting for just 3.8% of workers there, vs. 6.8% nationwide. 9. Miami-Fort Lauderdale-Pompano Beach, Fla. > Women's pay as a pct. of men's: 85.4% > Median income for men: $40,817 > Median income for women: $34,852
The median annual earnings for both men and women were lower in the Miami area than in the United States as whole. However, while women across the nation earned just 78.8% of their male counterparts' pay, in the Miami metropolitan area this figure was over 85%. In the largest sector in Miami, office administration and support, women's median income was 97.4% of men's. Also, women in three professions — installation, construction and the life, physical and social sciences — actually had a higher median pay than men. Unfortunately, in sales positions, which made up nearly 13% of employment in the area, women earned just 58.8% as much as men, vs. an already low 65% nationwide. 8. San Antonio-New Braunfels, Texas> Women's pay as a pct. of men's: 85.5% > Median income for men: $40,633 > Median income for women: $34,753
San Antonio-area women working in the business and financial industries were paid 87.6% of what their male counterparts earned. Although hardly equal, it was the ninth-smallest percentage difference among all metro areas for the field. Nationally, women in business and finance earned just 73.3% of male salaries. Both men and women earned less than the national median. The median pay for area men was more than $6,000 less than the national equivalent, while for women it was less than $2,500 less. 7. El Paso> Women's pay as a pct. of men's: 85.6% > Median income for men: $33,821 > Median income for women: $28,959
The median pay for El Paso women working in office and administrative support was 99% of that for similarly employed men, one of the smallest disparities in the nation. Additionally, area women who worked in a sales position had median pay 74.2% of the male median, better than in the majority of metropolitan areas and the country overall, where women made just 65% of male salaries. Also, some occupations that grossly underpaid women were not as common in the area. Legal workers accounted for just 0.6% of the area workforce, less than half the proportion for the United States overall. Across the nation, female legal workers earned under 52% of the male median pay. 6. McAllen-Edinburg-Mission, Texas> Women's pay as a pct. of men's: 86.5% > Median income for men: $30,288 > Median income for women: $26,191
Although the median pay for women working full time in McAllen was more than $11,000 less than the pay for women across the country, their pay relative to men was among the best in the United States. In community and social services occupations, which made up a disproportionate share of the jobs compared to the country as a whole, women were paid more than 125% of what men made, higher than all but four other metropolitan areas. In maintenance professions, which also made up a considerably higher proportion of the jobs compared to the rest of the country, women were paid 99.9% of male salaries. Yet the highest-paid female workers relative to men were those in personal care and service jobs, where women made a nation-high 143.8% more than men. 5. Stockton, Calif. > Women's pay as a pct. of men's: 87.0% > Median income for men: $45,201 > Median income for women: $39,311
Women working in the life, physical and social sciences in Stockton were paid more than double the salaries of men, earning a median wage of $86,599 vs. $41,514. Similarly, women employed in health care support also led the nation in relative pay for their occupations, earning a median salary equal to 146% of the median for men. The Stockton area also has a smaller proportion of workers in several of the industries, which tended to skew pay more towards men. Management positions, which nationally paid women less than three-quarters what they paid men, account for just 9.5% of jobs in Stockton, vs. more than 12% nationwide. Similarly, the area had a low percentage of workers employed in business and financial operations, which across the United States paid women just 73.3% of men's salaries. 4. Las Vegas-Paradise, Nev. > Women's pay as a pct. of men's: 87.0% > Median income for men: $40,510 > Median income for women: $35,238
In Las Vegas, the median salary for women was 87% of the male equivalent. Although Las Vegas workers are often not well paid — with the area's median earnings of $37,203, well below the national median of just over $42,000 — disparities between national and local salaries are much greater for men than they are for women. Among the reasons, women employed in food preparation positions earn a median salary equal to 106.9% of the median for similarly employed men. Further, food preparation workers make up 10.5% of the workforce, more than in any other major city. Even in one of the more equitable occupations for women's pay, Las Vegas stands out: women working in community and social services fields earned a median of $54,745 vs. just $41,422 for men — a 132% premium. 3. North Port-Bradenton-Sarasota, Fla. > Women's pay as a pct. of men's: 87.5% > Median income for men: $40,417 > Median income for women: $35,352
In the North Port metropolitan area, women made $7 for every $8 that men made. Women in the health care technology field, which comprised a nation-high 2.8% of jobs in the North Port area, made 124.3% of what men made, compared to 83.8% for the country as a whole. In production occupations, women made 114.3% of men's earnings, a higher percentage than any other metropolitan area. However, one area where North Port fared less well was health care support occupations, which comprised a nation-high 4.2% of all jobs in the metro area. In this field, women made less than two-thirds of their male counterparts, compared to more than 85% across the country as a whole. 2. Fresno > Women's pay as a pct. of men's: 89.1% > Median income for men: $40,164 > Median income for women: $35,786
Women employed in education, training and library occupations earned 113.7% of what men earned, more than in any other large metropolitan area. Other professions where women outearned men included construction and extraction professions (145.3%), health technology (119.3%) and food preparation and serving (108.9%). But while women's pay gap was lower than the country as a whole in many occupations, they still earned far below men in some. For instance, women in full-time legal occupations earned just 38.7% of what men in the same field earned. 1. Los Angeles-Long Beach-Santa Ana, Calif. > Women's pay as a pct. of men's: 91.4% > Median income for men: $44,607 > Median income for women: $40,777
Los Angeles was the only area out of the largest 100 metropolitan areas where women working full time were paid at least 90% of what men made. In office and administrative support positions, which comprised approximately 13.6% of the area workforce, women earned a median salary equal to 102.9% of that paid to men. Women in sales roles — which employed roughly 11.2% of full-time workers in the Los Angeles area and 10% of workers across the United States — received a median pay equal to 74% of that paid to similarly employed men. Across the nation, women in sales earned a median pay equal to just 65% of the median for men. Surprisingly, the entertainment sector appears to be hurting median salaries for women. While the median salary for entertainers is nearly $10,000 more than the national figure and twice as many area workers are employed in the field, women in entertainment make less in the L.A. area compared to men than they do nationally — 85% vs. 87%. 24/7 Wall St., is a website offering financial news and opinion.
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