--- title: "Digits: TikTok meetings, babies, and more - The Hustle" description: "Plus: Lobbying spend is poppin’ and teen unemployment is droppin’." image: https://hs-sbup.thehustle.co/hubfs/The%20Hustle%20News/Assets/Images/13381115-HS-News-Brief_2022-05-08T231151.162Z.webp --- # Digits: TikTok meetings, babies, and more ![Jacob Cohen](https://thehustle.co/wp-content/uploads/2021/01/IMG_5670-1-modified-768x768.png?width=48&height=48&name=IMG_5670-1-modified-768x768.png) [Jacob Cohen](https://hs-sbup.thehustle.co/author/jacob-cohen) [Jacob Cohen Twitter profile ](https://twitter.com/ImJacobCohen) Published: May 09, 2022 Updated: October 11, 2023 **1) ***The Wall Street Journal* detailed the work experiences of some former US TikTok employees who claim to have averaged [**85 hours of meetings per week**](https://www.wsj.com/articles/tiktoks-work-culture-anxiety-secrecy-and-relentless-pressure-11651848638?mod=hp_lista_pos5). The Chinese company has 1.5k US employees and plans to hire ~8.5k more. ![Digits: TikTok meetings, babies, and more](https://hs-sbup.thehustle.co/hs-fs/hubfs/The%20Hustle%20News/Assets/Images/13381115-HS-News-Brief_2022-05-08T231151.162Z.webp?width=595&height=400&name=13381115-HS-News-Brief_2022-05-08T231151.162Z.webp) **2) **A new study tracking [**305,422 trademarks**](https://pubsonline.informs.org/doi/pdf/10.1287/mnsc.2020.3887) from 1976-2014 found companies that filed with a higher “trademark intensity” — the trademark count as a percentage of total assets — performed 5.2% better on the stock market than those with low scores. **3) **The US unemployment rate for 16- to 19-year-old workers was [**10.2% in April**](https://www.wsj.com/articles/teen-jobs-higher-pay-better-hours-teens-jump-into-hot-job-market-11651866919). That’s way down from the sky-high 31.9% rate in April 2020, and not far off from the 68-year low of 9.6% in [May 2021](https://www.bls.gov/opub/ted/2021/teenage-unemployment-rate-under-10-percent-for-the-third-straight-month-in-july-2021.htm#:~:text=The%20unemployment%20rate%20for%20teenagers,when%20it%20was%208.6%20percent). **4) **Q1 2022 saw more money spent on lobbying than ever — [**$1B+**](https://www.opensecrets.org/news/2022/05/unprecedented-1-billion-first-quarter-lobbying-haul-puts-2022-on-track-for-record-year/?andcache=&utm_source=email&utm_medium=email&utm_campaign=lobbying_Q1_22&utm_id=lobbying_Q1_22), up from <$929m last year. Meta and Amazon were the 7th and 8th highest spenders at $5.4m and $5.3m+, respectively. **5) **Googoogaga. In the week ending April 24, a study across 11k+ US stores found [**40% of baby formula**](https://www.cbsnews.com/news/baby-formula-shortage-worse-ration-limit-purchase-walgreens-target-cvs/) products were out of stock, up from 31% on April 3 and way up from 11% in November. 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Signup for a free account Close modal ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Jacob Cohen", "url" : "https://hs-sbup.thehustle.co/news/author/jacob-cohen" }, "datePublished" : "2022-05-09T06:12:56.000Z", "headline" : "Digits: TikTok meetings, babies, and more", "image" : [ "https://hs-sbup.thehustle.co/hubfs/The%20Hustle%20News/Assets/Images/13381115-HS-News-Brief_2022-05-08T231151.162Z.webp" ], "mainEntityOfPage" : { "@id" : "https://hs-sbup.thehustle.co/news/05092022-digits", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject" } } } ``` ```json { "@context" : "https://schema.org", "@id" : "#article", "@type" : "NewsArticle", "author" : { "@type" : "Person", "name" : "Jacob Cohen", "url" : "https://hs-sbup.thehustle.co/author/jacob-cohen" }, "dateModified" : "2023-10-11T20:06:04+0000", "datePublished" : "2022-05-09T06:12:56+0000", "headline" : "Digits: TikTok meetings, babies, and more", "image" : [ "https://7355427.fs1.hubspotusercontent-na1.net/hubfs/7355427/The%20Hustle%20News/Assets/Images/13381115-HS-News-Brief_2022-05-08T231151.162Z.webp" ], "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "height" : 112, "url" : "https://fs.hubspotusercontent00.net/hubfs/53/assets/hubspot.com/web-team/WBZ/Blog%202021/Images/Logos/HubSpot%20Logo%20112X112.svg", "width" : 112 }, "name" : "HubSpot", "sameAs" : [ "https://www.facebook.com/hubspot", "https://twitter.com/hubspot" ], "url" : "https://www.hubspot.com" }, "speakable" : { "@type" : "SpeakableSpecification", "xPath" : [ "//title", "/html/head/meta[@name='description']/@content" ] } } ```