Human Capital & EdTech — Nobody is firing you. Nobody is

Human Capital & EdTech · Friday, October 30, 2026

Play with this page: every chart carries hover readouts and a table view; 2 your-arithmetic sliders — dial in your own figure against the desk's printed lines · 1 sortable table. Everything you can reach shows only the edition’s own figures — the sliders show yours, labelled as yours.

Coursera — who pays the teacher

Company-paid learning passed learner-paid for the first time at this scale — the edition's own sentence, charted.

YOUR ARITHMETIC — the revenue lines above are the desk's, as printed. Dial in YOUR OWN revenue figure and see where it would stand among them; the figure you choose is your hypothetical, not the desk's call.

Table view — the same figures as text

Series	As printed
Company-paid revenue — second quarter	$140.0 million
Learner-paid revenue — third quarter	$175.8 million
Company-paid revenue — third quarter	$200.9 million
Total revenue — third quarter	$376.7 million

Source: Human Capital & EdTech edition, Oct 30 — the Macro Vector section as printed.

Coursera — the guides it set

The fourth-quarter guide sits below the third quarter's print, in a normally softer quarter — as printed.

Table view — the same figures as text

Series	As printed
Total revenue — third quarter, printed	$376.7 million
Fourth-quarter revenue guide	$358 million to $366 million
Full-year revenue guide	$1.229 billion to $1.237 billion

Source: Human Capital & EdTech edition, Oct 30 — the Tactical Asymmetry section and Subscriber Depth as printed.

Pay vs prices — the hallway gap

A pay rise that buys less than last year's basket is a pay cut wearing a nicer shirt — the edition's own sentence, charted.

YOUR ARITHMETIC — the readings above are the desk's, as printed. Dial in YOUR OWN wage-cost figure and see where it would stand among them; the figure you choose is your hypothetical, not the desk's call.

Table view — the same figures as text

Series	As printed
Wage-cost index — forecast for today	0.8%
Wage-cost index — last quarter	0.9%
Median pay — rise over the year	1.5%
Wage-cost index — yearly pace	3.4%
Prices — rise over the year	3.5%

Source: Human Capital & EdTech edition, Oct 30 — the attention cards and Macro Vector as printed.

Claims — almost nobody got fired

Almost nobody is being pushed out — the edition's own read of the claims lines.

Table view — the same figures as text

Series	As printed
The summer's low — lowest since 1969	189,000
New claims — the week ended October 24	194,000
New claims — expected	199,000

Source: Human Capital & EdTech edition, Oct 30 — the regime matrix and Subscriber Depth as printed.

Two payrolls, two directions

Every reading exactly as the edition prints it; the table only sets the two payroll firms next to each other.

The same trade, opposite grip — the edition's own framing.
Firm — measure
TriNet — client workers	295,000	down 11%
Insperity — client workers	307,265	down 2%
TriNet — revenue	$1.18 billion	down about 5%
Insperity — revenue	$1.651 billion	2%
TriNet — adjusted earnings per share	$0.94	$0.60 expected
Insperity — adjusted earnings per share	$0.22	a loss of $0.20
Insperity — benefits cost	4%	more per person

Source: Human Capital & EdTech edition, Oct 30 — the Dispersion & Anomalies section and Subscriber Depth as printed.

The doorway problem — McKinsey's counts

McKinsey Global Institute's September study, as the edition prints it: the jobs exist — the doorways are too narrow.

Table view — the same figures as text

Series	As printed
Jobs whose demand automation could remove, by 2035	36 million
Jobs growth could create, by 2035	41 million
People who would need a wholly different occupation	11 million

Source: Human Capital & EdTech edition, Oct 30 — the Value Creation vs Value Capture section as printed.

Occupation switches — needed vs the long-run pace

The flow of people switching occupations would need to run well above its long-run pace — as printed.

Table view — the same figures as text

Series	As printed
Occupation switches needed, per year	770,000
The long-run pace, per year	215,000

Source: Human Capital & EdTech edition, Oct 30 — the Value Creation vs Value Capture section as printed.

Microsoft's polite exit — the door, in counts

Eligible is not the same as gone — the edition's own caution, as printed.

Table view — the same figures as text

Series	As printed
The earlier, smaller offer — people	8,750
Eligible for the voluntary exit — people	60,000
All Microsoft staff	223,000

Source: Human Capital & EdTech edition, Oct 30 — the Dispersion & Anomalies section as printed.

In the words, not the charts: this view charts the edition’s bound figures only. The edition’s sections — What Needs Your Attention Today · 1 · The 60-Second Regime Matrix — The Scorecard of a Market Standing Still · 2 · The Macro Vector — Growth Without Movement · 3 · Dispersion & Anomalies — Two Payrolls, Two Directions · 4 · Tactical Asymmetry — The Dates That Decide It · Subscriber Depth — The Numbers Under the Hallway · 5 · Value Creation vs Value Capture · The earnings base-rate corpus · The Read Achilles app is coming. — include stories whose substance is narrative or conditional; those are told in the Newsletter state.