Baseball teams are geeking out on data so they can change the prices of their tickets on the fly—just like airlines. Dynamic pricing! Bam! Zip! Pow! Actually, mostly the teams are trying to stay a step ahead of StubHub, which is just owning ticket sales. At the end of this segment, a StubHub rep is like, Yeahhhh, they can try, but it’s not working. We win. (Paraphrase.)
What's it like to get a bunch of job offers?
It's sort of a joke that the hipster beer of choice is PBR (mostly because it's cheap, probably), but now there is actual data and heat maps that proves this to be true.
Charts! We love them. We've talked a lot about how low wage jobs have overwhelmingly replaced the mid-wage jobs lost during the financial crisis. Data from the National Employment Law Project shows this, and new data from Goldman Sachs and the Department of Labor also supports this. More importantly the Goldman Sachs reports shows that the "hollowing out in the middle is real, it is not unique to the post-crisis period," which means that we can't just blame this on the financial crisis—there has been rapid growth in the low-wage sector since the booming '90s.