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Every morning the team at BI Intelligence delivers daily content covering key items business professionals need to be aware of to stay ahead. As a bonus for being a frequent reader of Business Insider, we're including some free content below. Want more content like this daily? Join our FREE BI Intelligence Daily newsletter by clicking here. Unemployment Hits New Lows, But... Friday's jobs report had a major surprise with a huge drop in the unemployment rate to 4.6%, the lowest rate since August 2007.
And yet, those who are unemployed are still suffering dramatically.
For starters, those who are in that 4.6% have typically been unemployed for quite some time, as the average length of unemployment as of November was 26.3 weeks.
And the percentage of workers who have been out of a job for six months or more is 24.8% of all unemployed.
Business Insider's Bob Bryan has the full story.
| | The App Engagement Report In this report, we explore the current state of the app market, the issues around engaging consumers, and the tools at a publisher's disposal. We then identify best practices for the implementation of some app engagement tools, and present the pitfalls that some publishers fall into in this pursuit. Learn More » | | The Chatbot Monetization Report In this report, we investigate how brands can monetize their chatbots by tailoring existing models. We also explore various ways chatbots can be used to cut businesses' operational costs. And finally, we highlight the slew of barriers that brands need to overcome in order to tap into the potentially lucrative market. Learn More » | | The Fintech Ecosystem Report In this report, we explain the new fintech landscape, identify the ripest areas for disruption, and highlight some of the most exciting new companies. Learn More » | | "NSA-proof" email service ProtonMail made 50 of its lifetime accounts available over Black Friday and Cyber Monday, as interest in online security heightens. Read More » | | Bed Bath & Beyond is furthering its foray into the e-commerce space with the recent acquisition of PersonalizationMall.com for $190 million. Read More » | | The growing number of partnerships between fintechs and legacy players suggests that incumbents believe there are benefits to working with new market entrants. Read More » | | A number of companies are rolling out new technology solutions that pair blockchain with connected sensors to provide history, visibility, and security into their supply chains. Read More » | | American Express will be the first major credit card issuer to raise its late payment fees under the Consumer Financial Protection Bureau's updated allowable limit. Read More » | | The Large Hadron Collider, the world's largest particle accelerator, uses a robot called the Train Inspection Monorail (TIM) for inspection and system monitoring. Read More » | | Amazon is tightening its grip on the total US retail market with its shoppers now so loyal that they're less inclined to make purchases from competitors at all. Read More » | | The most recent update to Uber's ride-hailing app allows the platform to track user location data even while the app isn't in use. Read More » | | Chinese telecom group Huawei garnered approval for polar coding on Tuesday, which gives it a leg up in its attempt to lead the pack for 5G. Read More » | | Walmart's investment in its holiday inventory could be paying off as the mass merchant is catching up to Amazon when it comes to in-demand items and pricing. Read More » | | Mobile shopping isn't consistently translating to mobile buying yet | Consumers look for safety and convenience in connected cars | These are the biggest challenges faced by fintechs | | You can gain access to everything BI Intelligence produces - ALL of our extensive research reports, newsletters, and data - when you claim your BI Intelligence ALL‑ACCESS pass. With this level of membership, you will gain immediate access to…
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