Posts Tagged ‘Unfiled’

Two charts on unemployment. Previous recessions recovered faster. Bailout not helping construction

Employment Recessions

10.2% Unemployment Rate. That’s the ‘official’ rate. The real rate is probably more like 17%, counting underemployment and those no longer counted.

construction jobs lost vs. added by stimulus

The verdict so far on the stimulus bill and construction job creation across the country?

Jobs are being created and saved but nowhere near a rate that will allow the stimulus bill to claim victory over construction unemployment.



07

11 2009

Pedal powered laptops in Afghanistan

fills us in on the One Laptop Per Child XO human-powered laptop. 2,500 prototypes are now being used.



07

11 2009

Organic, compostable insulation and shipping material from mushroom roots and ag waste

ecocradle

Evocative Design won first place at the National Renewable Energy Laboratory 22nd Clean Energy Growth Forum for Best Venture.

Manufacturing the insulations and shipping material requires 10x less energy and it can be custom-molded and also provides thermal insulation.



07

11 2009

Organic, compostable insulation and shipping material from mushroom roots and ag waste

ecocradle

Evocative Design won first place at the National Renewable Energy Laboratory 22nd Clean Energy Growth Forum for Best Venture.

Manufacturing the insulations and shipping material requires 10x less energy and it can be custom-molded and also provides thermal insulation.



07

11 2009

Neal Fox on the Fed

Jamal Dajani: Don’t ask me about Hasan or why he did it

Apparently, I fit the profile of someone who has these answers: I am a Muslim Palestinian American: I must know what one out of the 1.5 billion Muslims around the globe is thinking at any given time.

“Hey, Jamal…sorry to disturb you so early. But you know the Hasan story is big, and I was wondering if you’re willing to come for an interview and talk about how it feels being a Maahzlem (Muslim) and all,” a television producer says to me on my cell.

“How did you feel being a Christian, with Timothy McVeigh and Adolf Hitler being Christians?” I fired back.

Silence… I probably should not have said that, but there it is.

Hasan is a coward…not only for committing this heinous act, but for counting on being killed or taking the gun on himself, leaving behind his family and the entire Muslim community to account for his despicable actions.

The Left needs to realize Islamists are its foe too. Respect Islam, but not Islamists. Do not try to justify or excuse Hasan’s actions. Just because wingnuts may use these hideous events as a pretext for political gain does not mean liberals must automatically take the other side or somehow try to explain Hasan.

(The Communist Party of Iran supported the Ayatollah when the revolution started. After the Ayatollah seized power, about the first thing he did was kill the communists.)



06

11 2009

Four more failed banks today

Why are 21 of the 116 failed banks so far this year in Georgia? That’s way out of proportion to their population.



06

11 2009

Mavizen’s 130 MPH TTX02 electric motorcycle runs on Linux

mavizen electric motorcycle

And it has wi-fi. Tweet while riding! (Except where prohibited by grumpy lawmakers)



06

11 2009

Various links. 11/06/09

Ex Citigroup-CEO apologizes for role in building it, says bring back Glass-Steagall and break up Citigroup.

Alan Grayson. Congressman with guts

Doubt raised about theory of peak oil.

Arrested trader Zvi Goffer nicknamed “Octopussy” because he had sources everywhere.

A Right Wing Coup. Tory Euro-skeptics power grab endangers ECR Group and UK Election chances.

Dicking and dithering in Afghanistan

The creeping power grab by the executive branch and Federal Reserve

How Goldman secretly bet on the U.S. housing crash. While selling the same crap to clients.

Fannie Mae sale-rentback scheme to keep homes off the market.

Mexico cartels corrupting US law enforcement. Which should be no surprise.

Basij beat women senseless in streets. Imagine what they do in the prisons

Was accused Ponzi schemer Scott Rothstein running dirty Russian money?

10 year old girl. Dad in Iraq. (So she thinks).



06

11 2009

Friday (un)employment snapshot

unemployment line. 1930's

National unemployment rate hits 10.2%. Economists had forecast an increase to 9.9%.

Since December 2007, employers have shed 8.2 million jobs, sending the unemployment rate up 5.3 percentage points. The ratio of job cuts to losses in gross domestic product, or GDP, in this recession has surpassed the historical norm.

Recovery to pre-recession levels in job market not expected until 2012 to 2013.

Employers keep cutting hours, if not jobs. Average work week is now 33 hours, a record low … and its still declining.

A record 9.2 million people that have jobs are working part-time because their hours have been cut or they can’t find full-time work. That’s more than doubled since the start of a recession.

Structural changes in automobiles, construction, and finance means many of the jobs shed “will not be coming back.”

There’s a real mismatch between the unemployed people out there compared to what job openings are available,” said John Silvia, chief economist with Wells Fargo Securities.

Ongoing cuts indicate that the U.S. job market could threaten economic recovery, some economists say. “This recovery is shaping up to be a jobless one, just like the last two,” says Paul Ashworth, an economist with Capital Economics in Ontario. “Our concern is that, unlike the last recovery, with credit still tight, households aren’t going to be able to smooth their consumption using credit until the labor market eventually strengthens.”



06

11 2009


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