1789 iPay

You wonder sometimes about the “cool” new companies. Facebook with their constant invasion of privacy, Google with its hacking into Safari and pillaging WiFi info with its Google Maps cars. And then there's Apple. The coolest of the cool. IPhones, iPads, iPods and the soon to be iPad Mini for those who just can't live with the empty iPlace between the sizes of the current phone and pad.
Apple, once chastised for exploiting labor in China, has found a way to open the income gap domestically as well. Fair is fair, I suppose.
According to the New York Times, last year Apple's 327 global stores earned over $5,600 in sales per square foot. That was more than any other U.S. retailer. It was double that of the number two earner, um, Tiffany & Company.
Gadgets outsold gewgaws 2 to 1.
Interestingly, if you divide the stores’ revenues by its 30,000 store employees the result shows that each employee was responsible for $473,000 of sales.
Sounds like a lucrative place to work, huh? Not so much. The average employee at an Apple store makes $11.91 an hour, or $25,000 a year.
Still. That's 5%. If he or she were in China, that would mean for every $100 tennis shoe they make, they could buy the heel.
And at least they have a job. Traditional jobs, like the legal profession, are faring worse. Only 55% of 2011's law school graduates managed to find a full-time job requiring a law degree within 9 months of graduating.
Plus, being an Apple store employee has it's benees. They have to demo products all day long. Dinking with iPhones and iPads --- just like in real life.
Where else can you make $25k a year just fiddling around?
America, ya gotta love it.