Tag Archives: Business Insider

MAY JOBS REPORT DISASTER: UNEMPLOYMENT HITS 9.1%


As a follow-up to several of my posts:

Here is the current US economic  situation as of today…  There is no joy in Mudville!

It’s Friday, June 3rd, the end of week 23 and the May jobs report is out.  As others have said, it is a disaster!  Briefly:

  •  The unemployment rate is now 9.1%, but the average work week has risen from 34.3 to 34.4 hours per week.  Average hourly earnings grew 0.3% vs. expectations of 0.2%.  This is more evidence that additional people are not being hired; existing workers are
    worked harder!
  • There were just 54,000 new jobs created in May, 2011.  The forecast was 154,000 – three times reality.  I need to get a set of those rose-colored glasses that they wear in Washington DC.  (Along with one of those white fedoras that Mat Lauer sported in Rome this week!)
  • Private sector jobs?   No joy; just 83,000 jobs were created and again, way below expectations.
  • Manufacturing employment went down 5,000 jobs.  This is the very sector we need to pull us out of this longest-running recession in modern times!

You can read the full Bureau of Labor Statistic report, ‘THE EMPLOYMENT SITUATION — MAY 2011’ here.

You can read Joe Weisenthal’s excellent report, May Jobs Report Disaster – Unemployment reaches 9.1% in Business Insider.

From my side of the peninsula, a double dip recession is inevitable!  Mind you that I am no economist but common sense tells me that with interest rates near zero (no chance of lowering them further) and the fact that almost half of the current mortgages in many areas of our country are ‘underwater’, and manufacturing jobs gone for good, how can you come up with any other conclusion?

If you have any money available for investment, buy gold or silver.  I’d love to tell you to get back into the stock or bond markets, (futures are sliding hard on the news today), I just can’t in good conscience tell you to do anything else!

What a mess!

Cliff

Proof: The iPad Is Affecting Consumer PC Sales


In my recent post, The iPad is becoming The Only ‘PC’ That Matters, I postulated that the computers that we have used since 1978 are becoming less and less relevant, due to the introduction of smaller form-factor computers that we have today.  These new devices, Smartphone’s, tablets and the like, are really cutting into traditional computer sales and use.

In a recent article in Business Insider, Proof The iPad Is Affecting Consumer PC Sales , my prediction appears to be validated.

Please take a look to follow the conversation!

When will you add a tablet to your digital inventory?  I know that I can effectively write stories and chapters on my iPhone 3GS.  I have read entire books on my phone.  They are viable and a starting to become pervasive.

Yes, I still own a laptop and a home PC.   They still have their place but they don’t integrate well into my current lifestyle.  ‘Choices’ aren’t they wonderful!

The iPad Tsunami: Does it Matter? and how is it Used?


Behold the iPad in All Its Glory.

Image via Wikipedia

The iPad is becoming The Only “PC” That Matters

As I have stated on this blog and to my friends, Business Insider has become one of my favorite resources.  I am a struggling author who needs to spend my money very carefully.  To do so I lean on technology and business authorities such as CNET, BI, Consumer Reports, and sources of their ilk.

As a writer, I am dearly in love with tablet computers.  I bought my iPhone 3GS on sale when the iPhone 4 was introduces.  As a ‘tool’ it is probably the most important device that I use for all manner of things useful.  Using its 287 Apps, I have been exceptionally empowered – and I LOVE it!  So, (I) imagine how much better I could operate with an iPad.  How significant is the iPad and how are people using them?  Inquiring minds want to know!

Recently Business Insider published two very interesting charts, which I am referring to today.  The first that I’ll talk about is “The iPad Is Becoming The Only “PC” That Matters”.  I refer to the links provided for the discussion content and background of these charts.

The first element that I notice in this chart spanning the time from November, 2010 and May, 2011, is that the iPad is used a higher percentage of the time than all the other devices.  We can conclude that it is the device of choice, and is only NOT used because of a lack of functionality that the other devices additionally provide, e.g. phone calls, printer services and enhanced computing with applications.

From my personal experience, I have written chapters of my books on my iPhone.  It was not easy given the ration of my finger size to the keyboard, but it was certainly more convenient as I could work when I felt like, regardless of my surroundings.

Further, not being content to jot down a few keywords of an idea, that occurs sporadically, with the iPhone I can jot down a quick paragraph that ensures that I don’t lose elements of content that I might with ‘keywords only’.

OK, we have learned that the iPad is increasing its lead over the other devices, particularly laptops, and is the most popular platform.  How do people actually use the iPad today?

 How People Actually Use iPads

What can we learn from this chart?  First and foremost, we seen that the iPad is primarily a consumer of information, with over 59% of its ‘time’ used for Web Browsing and watching videos, plus game playing.  This is contrasted by the uses of Email and Other Applications (40.7%) – creators of information.  It is the former, consuming information, which clearly drives its use because it is so much more convenient, given its form-factor.

So, since November, 2010 when the iPad was introduced, it has become the dominant and preferred form factor, and I can now certainly understand my growing longing.  The iPhone 3GS became affordable because I bought it when the iPhone 4 came out.  Unfortunately, there was no large price decline when the iPad 2 was introduced. 

Until a miracle happens, I’ll just have to continue to save my pennies.  I also urge you to purchase my second book, Views from Sandhausen: Experiences from a Foreign Service Assignment, available from the following points of purchase:

It is a fun, informative, engaging, interesting and useful view of what lies on the other side of ‘The Pond’.

Love each other!

Cliff

 Author: Jay Yarow:  http://www.businessinsider.com/author/jay-yarow

Use iPads:  http://tiny.cc/nykcw

Only PC:  http://tiny.cc/ts6jq

A Look at Social Media Platforms-Twitter Use


Employees Use Twitter

Today we are getting back to our look at Social Media.  When last we discussed the topic, we began talking about the explosive growth of Twitter.  Today we briefly discuss how Twitter employees themselves, use the application – and how they differ from the way that the general public uses the application.

As discussed in the post by Dan Frommer in Business Insider, “Among Twitter employees, Twitter for iPhone generated 22% of the tweets, about twice as much as the general public. Employees used Twitter for Mac to send 18% of their tweets, versus 0.4% for the general public. (Probably especially during the week, when Twitter employees are sitting around the office, tweeting at each other.) And while the general public uses TweetDeck to send 13% of its tweets, Twitter employees used it for just 2% of their tweets.

The overall client usage chart is shown, from the same source.

For me, Twitter really came to the forefront as a reliable and essential communications tool, with the reporting of the death of Osama Bin Laden.  If you take a look at the timeline of Twitter posts at that time, you will see that the legacy news organizations quickly leveraged Twitter as their channel of choice.

It took 9 years, 7 months and 20 days to avenge the tragedy of 9/11.  It took microseconds to report the fact to the world!

I think that Social Media may be one of the most significant inventions of the early 21st Century.  What do you think?  I look forward to your comments on the subject.

Cliff

Be sure to read more: http://tiny.cc/le45t

What’s behind ATT Purchase of T-Mobile


Bandwidth-hungry customers line up outside an AT&T store

Today’s post is short but very interesting, particularly to those of us who own and use iPhones and iPads.  Yesterday, in an excellent article titled “AT&T Admits It Can’t Handle The iPhone” by Matt Rosoff, in one of my favorite publications, Business Insider, he uncovered the real reason behind the T-Mobile acquisition.

In a new filing explaining why it wants to buy T-Mobile, AT&T essentially admits that its network wasn’t ready for the iPhone, and won’t be able to handle new Smartphone’s and tablets as they come on board.

The filing says:

A Smartphone generates 24 times the mobile data traffic of a conventional wireless phone, and the explosively popular iPad and similar tablet devices can generate traffic comparable to or even greater than a Smartphone. AT&T’s mobile data volumes surged by a staggering 8,000% from 2007 to 2010, and as a result, AT&T faces network capacity constraints more severe than those of any other wireless provider.

Please read the full post HERE.