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Selasa, 31 Maret 2015

This one chart perfectly sums up why companies pour billions of dollars into messaging apps

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This one chart perfectly sums up why companies pour billions of dollars into messaging apps

Facebook dropped $19 billion on WhatsApp, Snapchat is valued at $15 billion, and even the anonymous messaging app Yik Yak, despite being a little over a year old, is already valued between $300 million and $400 million. Messaging apps are big business, and here's why.

Based on new data from mobile analytics firm Flurry charted for us by BI Intelligence, messaging apps retained nearly six times as many users they attracted in their first months compared to the average user retention across all applications. The average retention rate for all apps was 32% in the first month, and fell to 11% by the 12th month. In contrast, messaging apps held onto 68% of their new users after the first month, and slipped just a little bit, down to 62%, by the 12th month.

But that's not all: According to BI Intelligence, people also use messaging apps more frequently and for longer periods of time, too.


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This indicator makes it clear that wage growth is coming

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This indicator makes it clear that wage growth is coming

There's little doubt the US job market is on fire.

Economists forecast Friday's jobs report will show the economy added over 200,000 jobs for a 13th straight month in March.

But the one laggard in the labor market story has been wage growthLast week, Deutsche Bank's Torsten Sløk highlighted six charts arguing wage growth is definitely coming.

And in a note Tuesday, Deutsche Bank's Joseph LaVorgna writes that the short-term unemployment rate — representing those who have been out of work for 6 months or less — points to wage growth finally coming around. 

LaVorgna writes: 

Importantly, if this narrower measure of unemployment declines by the same amount it has averaged over the last five years, we will be at 3.4% by the end of this year. The reason this matters is that underlying wage pressure may be largely a function of what happens to short-term unemployed. Once the unemployment rate among people out of work less than six months falls to an extremely low level, as it recently has, employers may be forced to bid up increasingly scarce skilled labor.

LaVorgna adds that there was only one other instance since the second half of the 1960s, when short-term unemployment averaged 3.4%, that the unemployment rate among people out of work for less than six months was lower (it averaged 3.6% from 1999-2000).


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INSTANT MBA: 4 things you should never do in an interview

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March 31, 2015

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Once you've landed a job interview, you have one shot to wow the hiring manager. To do this, there are a few things you should avoid at all costs.

In a recent LinkedIn post, recruiting manager John Kirschner shared the 10 "nevers" of interviews. Here are four of our favorites: 

1. Never show up without good questions. "Interviewing is like a sales call; you uncover a need and try to fill it," writes Kirschner. "Find the real need by asking good questions. You are interviewing them as well, so this is your chance to learn more about the job, the company, the manager, the culture, etc."

Some good questions to have in your back pocket:

  • How do you see this position evolving in the next three years? 
  • Can you tell me a little about the team I'll be working with?
  • What constitutes success with this position and company?
  • What concerns or reservations do you have about me for this position?

2. Never avoid eye contact or send negative non-verbal messages. "Hiring managers will watch how you communicate and try to envision you interacting with their customers and employees," explains Kirschner. Avoid fidgeting, maintain eye contact, and listen closely, he advises. "Never ramble when answering questions, and never do all the talking. Listen 60% and answer 40% as a rule."

3. Never ask about compensation, benefits, or vacation time. "They will think that it's all about money with you and that you would leave them for the next best offer," he says. However, if the employer brings it up, that's a good sign and you can discuss the topic. "It's a buying sign," explains Kirschner. "Answer their questions openly and honestly, and follow their lead."

4. Never bad mouth your current company. Criticizing you company or manager is never a good idea. "They could think you can't work well with others or have a problem with authority," he writes. "Also do not share anything that would be considered confidential information."

Read the full list of interview nevers here.

SEE ALSO: Google's HR boss explains the key to preparing for an interview

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Coach Dean Smith used a revocable trust to treat all of his former players to dinner

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March 31, 2015
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