I don’t think the jobs report was good. I don’t think the economy is good. I just read a series of comments on the story linked above and commenters were euphoric. Why do we see one sunny report after another on jobs, unemployment and the economy while Forbes reports that 40% of Americans are living paycheck to paycheck, and 29% are doing even worse, i.e., their income doesn’t cover their expenses? Why has the sentiment on LinkedIn been so dismal? The jobs numbers are illusory. The jobs are all part time. Last month’s jobs were all part time. Full-time employment actually went down. We’ve added 6.2 million jobs since May 2022 and full-time employment has gone up by only 263,000. Number of jobs “created” has gone up much faster than number of people employed, I suspect because a single person working multiple jobs counts as multiple jobs. The unemployment numbers… Read more →
EppsNet Archive: Forbes
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Steve Denning: The Best-Kept Management Secret On The Planet: Agile
Donald Bren Can Kiss My Ass
Look at this picture. Donald Bren is almost 80 and yet his face looks like a snare drum with eyes. Forbes has an interview with Bren — the billionaire chairman of the Irvine Company — on how to fix up K-12 education: When state funding for Irvine public schools began to diminish some time ago, my Irvine Company colleagues helped me to provide private funding support . . . Additionally, we have developed annual teacher recognition and reward programs that provide financial awards for teachers who demonstrate outstanding results in educating our students. By making capital available for unfunded programs and providing a balanced curriculum and financial incentives to teachers based on results, Irvine Unified School District continues to rank among the finest educational systems in the nation . . . The interview goes on in this vein: I, I, I. Me, me, me. Donald Bren is kidding himself, along with… Read more →