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Louis Uchitelle / New York Times: Jobless Rate
Rises to 6.7% as 533,000 Jobs Are Lost — With the economy
deteriorating rapidly, the nation's employers shed 533,000 jobs in November, the 11th consecutive
monthly decline, the government reported Friday morning, and the unemployment rate rose to 6.7
percent.
The economy shed 533,000 jobs in November, according to a government report Friday - bringing the
year's total job losses to 1.9 million.img
src="http://feedproxy.google.com/~r/rss/money_latest/~4/RxhUi09PvaQ" height="1" width="1"/
divimg alt=""
src="http://hits.guardian.co.uk/b/ss/guardiangu-feeds/1/H.15.1/74606?ns=guardianpageName=Business%3A+US+jobless+figures+worst+since+1974ch=Businessc3=guardian.co.ukc4=Unemployment+and+employment+data+US%2CUS+economy+%28Business%29%2CCredit+crunch+%28Business%29%2CGlobal+recession%2CBusiness%2CUS+newsc5=Credit+Crunch%2CNot+commercially+useful%2CBusiness+Markets%2CUS+Economyc6=Dan+Milmoc7=2008_12_05c8=1129575c9=articlec10=GUc11=Businessc12=US+unemployment+and+employment+datac13=c14=h2=GU%2FBusiness%2FUS+unemployment+and+employment+data"
width="1" height="1" //divpbr /The US economy is losing jobs at its fastest rate in 34 years after
533,000 people were axed last month./ppThe shock figures for November far exceeded economists' most
pessimistic estimates and sent share prices into a sharp retreat. The FTSE 100 index swiftly
doubled its 50 point loss after the news. Wall Street is expected to open sharply lower when
trading begins later today./ppThe November jobless data brings the unemployment rate up from 6.5%
in October to 6.7%./ppNigel Gault, the chief US economist at forecasting firm IHS Global Insight,
said the economy was now destined for its worst recession since the second world war. "These are
just absolutely disastrous numbers," he said./ppGault said the Labor Department announcement
increased the pressure on the president-elect, Barack Obama, to introduce a significant economic
stimulus package. Some experts have called for an injection of at least $700bn (£380bn) into
the US economy and Obama has pledged to create 2.5m new jobs over his first two years in
office./pp"We need to get something up and running as quickly as possible. It is very unfortunate
that the economy is going into freefall at the same time that we are in between administrations. We
have a period of policy paralysis," he said./ppToday's announcement brings the jobless total to
10.3 million people out of a total workforce of about 140 million. IHS Global Insight expects the
unemployment rate to reach 8.7% to 9.8% next year, which could bring the jobless total to about 15
million./ppIt also points to a severe contraction in the world's largest economy in the final
quarter of this year, with many forecasts indicating a decline in gross domestic product of 4%
following a fall of 0.5% in the previous three months. The US economy tipped into recession in
December last year, a panel of experts declared earlier this week./ppThe service sector suffered
the heaviest job losses, shedding 370,000 posts. Within that total, retailers axed 91,000 jobs and
professional and business services, which includes the financial sector, shed 136,000 people. The
goods producing industries lost 163,000 jobs with 82,000 going in construction and 85,000 in
manufacturing./ppThe bleakest forecasts had predicted job losses of up to 500,000. Today's number
is the worst since December 1974, when 602,000 people lost their jobs./ppThe figures for September
and October also saw sharp upward revisions, meaning almost 200,000 more jobs were lost than had
initially been thought. The original estimates were 284,000 in September and 240,000 in October;
those have been revised upwards to 403,000 and 320,000 respectively. /ppThe news comes a day after
retailers confirmed that consumer spending was in full-scale retreat with major stores announcing
November sales declines of more than 10%./ppRetailers traditionally hire more workers for the peak
shopping season but the November sales figure indicates that December could be a dire month for
jobs, as well. /ppFirms in all sectors of the US economy are shedding jobs. Yesterday saw ATT, the
telecoms giant, announce the axing of 12,000 jobs while DuPont, the chemicals group, let go 2,500
people and media giant Viacom announced the departure of 850 employees. Today's news is expected to
trigger a bad day on the US stockmarkets./ppThe jobless rate in the 1980-1982 recession peaked at
10.8%, the worst since the Great Depression. The current US recession is expected to match its
post-war predecessors in terms of length. According to the National Bureau of Economic Research,
which called a recession this week, the downturn is 12 months old and needs to last five more
months to outrank the 1973-1975 and 1980-1982 recessions./pdiv style="float: left; margin-right:
10px; margin-bottom: 10px;"ullia href="http://www.guardian.co.uk/business/usemployment"US
unemployment and employment data/a/lilia href="http://www.guardian.co.uk/business/useconomy"US
economy/a/lilia href="http://www.guardian.co.uk/business/creditcrunch"Credit crunch/a/lilia
href="http://www.guardian.co.uk/business/globalrecession"Global recession/a/lilia
href="http://www.guardian.co.uk/world/usa"United States/a/li/ul/diva
href="http://www.guardian.co.uk"guardian.co.uk/a copy; Guardian News Media Limited 2008 | Use of
this content is subject to our a
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href="http://feedads.googleadservices.com/~at/O7ObJRK4SycWSYBR4WQH9XoedHc/a"img
src="http://feedads.googleadservices.com/~at/O7ObJRK4SycWSYBR4WQH9XoedHc/i" border="0"
ismap="true"/img/a/p
Quote: With the economy deteriorating rapidly, the nation’s employers shed 533,000 jobs in
November, the 11th consecutive monthly decline, the government reported Friday morning, and the
unemployment rate rose to 6.7 percent.
The decline, the largest since December 1974, was fresh evidence that the economic contraction
accelerated in November, promising to make the current recession, already 12 months old, the
longest since the Great Depression. The previous record was 16 months, in the severe recessions of
the mid-1970s and early 1980s. http://www.nytimes.com/2008/12/06/bu...l?ref=business
It's going to be a tough day on the markets, I think analyst were expecting 320,000 job losses.
It seems like a lot of people still have a bunch of old diskettes lying around collecting dust.
Why not make them into a geeky holiday ornament for your tree? It's the perfect gift for your
hacker friends.
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This is a really interesting project that uses an AVR micro-controller to crate a 1-key keyboard.
I can think of a thousand uses for this type of device.
The idea for a 1-key keyboard comes from the need as an interaction designer to make "cheap,
quick and dirty prototypes." When creating a quick screen-based demo in e.g. Adobe Flash, a common
way of quickly prototyping physical actions is to assign actions to certain key presses on a
keyboard. In more advanced prototypes, physical hacks to the circuit board from a keyboard are also
often used to interface custom buttons and switches with a computer.
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In the last few years, the world of hobby robotics has exploded. Driven by the plummeting prices
and ubiquity of microcontrollers, servomotors, and other electronic and mechanical components,
the growth in personal fabrication technologies, and the success of such commercial toy, hobby,
and domestic robots as Lego Mindstorms, the Robosapien line, Japanese mini humanoids, and
iRobot's cleaning machines, robots are finally becoming rather commonplace (if still only in
niche domains). And, of course, the robot growth being seeded by these new technologies is
watered by the Big Muddy of the Internet, with its rapid information and idea exchange. The next
generation of engineers and industrial designers who'll build tomorrow's robots are growing up
with Vex kits and Arduino microcontrollers in their hands today.
For our MAKE Robot Gift Guide, we've put together a sampling of robot-related offerings from the
Maker Shed, as well as some other robots we fancy. If you
give or get any of these bots for the holidays, or especially if you or your recipients, hack
them, we'd love to hear about it.
Fully-Assembled Robots
i-Sobot
I was given one of these last holiday season to review. At the time, I was pretty
impressed that TOMY was able to offer such a sophisticated mini-humanoid for the price (which was
then around $250 street). Now, sadly, after a year, TOMY has decided to discontinue the product.
But that means we can offer them in the Maker Shed for $106!. That's a very attractive price for
a very hackable little robot, making it the perfect gift for any techno-tinkerer on your list.
This 6 1/2"-tall humanoid uses 17 servomotors to somersault, stand on one leg, do push-ups,
perform martial arts. It has 180 pre-programmed movements, responds to verbal commands, and
performs up to 240 movements in sequence, allowing you to design countless routines, such as
programming the device to say "hello," introduce himself, play an air guitar, bow to his
audience, and say "good night." Using the included action chart as a guide, you simply enter the
alphanumeric codes into the remote control and i-SOBOT reacts in earnest with acrobatics, verbal
phrases, and greetings, or you can control his movements manually using the dual joysticks and
trigger buttons on the remote. In voice recognition mode, the robot moves in response to ten
verbal prompts, such as "Go forward" or "Back up," and acknowledges questions like "How are you?"
with appropriate retorts. Ages 10+.
Price: $105.95.
Robots-Dreams.com has some links to i-SOBOT hacking-related resources here.
Rovio Mobile Webcam
We've been fans of WowWee and their growing line of robots since the first Robosapien. Along with
iRobot, WowWee has been pioneers in making robot technology commercially viable. To date, most of
WowWee's product line has been robotic toys. So we were excited to see them offering a more
practical robotic system -- Rovio, a Wifi-enabled mobile webcam you can control from any
Web-enabled device over the internet. One of the first commercially-viable robot applications
iRobot looked into was basically the same sort of webcam on a robot which would allow remote
tele-presence. So, WowWee comes along with a really killer-looking three- (omni)wheeled,
semi-autonomous bot you can control over the Web for under $300. It's a start, but Rovio is
definitely still in beta. We've only had a day to mess with ours, but we've already encountered
many of the problems early users have cited: poor camera performance, especially in middle-to-low
lighting, poor audio on the mic, docking station problems, unreliable waypoint navigation, and
other annoyances. Also, in an ironic turn-about, the Windows network set-up is pretty much plug
'n play, while the Mac set-up is a little gnarlier. So, we can't recommend Rovio if you're
looking for a home/office mobile sentry (what the device is basically marketed as), but it has
all sorts of great hacks potential and there's already an enthusiastic hacking community that's
started figuring out how to extend capabilities, control it with the Wiimote, and other promising
improvements. And we have to mention the design -- it's seriously cool and the glowing blue LED
running lights make it look like something, well from that 21st century that hasn't actually
happened yet. In the hands of a robot hacker, this is a really fun system with lots of potential.
For everyone else, wait for the next version when WowWee will hopefully fix some of the
significant problems. Price: $299.99
Wrex the
Dawg
Meet Wrex, the first commercial "junkbot," or so he's been made to look. A dog that only Dr.
Frankenstein could love, Wrex appears to have been cobbled together from discarded electronic and
mechanical parts. He's a literal junkyard dog. His personality is also stitched together. He has
various moods and needs, he can become incorrigible, and he will even go haywire and break down
on occasion. His rolling jackpots eyes spin around and have symbols on them that display his
moods and desires. He's a cross between Astro from The Jetsons, Scooby Doo, and codeHound (codeHound, you
say? It's an early Net-culture thing. I'm old). Like a lot of these highly motorized toys, this
thing eats batteries like they were Scooby snacks. The bot requires four Cs and two AAs, the
remote takes three AAAs. And be careful getting Wrex out of the big, impressive box he comes in.
It's a major undertaking, and cheap, easily-stripped screws are involved. All-in-all, this is an
adorable, slightly screw-loose robo-pet that kids will definitely love (and your inebriated adult
friends at holiday parties). I can't wait to see how he might get hacked. Price: $119.99
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I hate Heidi Montag. I hate her douchefuck fake husband, Spencer Pratt. I hate her fake tits, her
fake lips, her fake nose, and her fake life. I wish shed crawl into the same hole that Osama Bin
Laden...
The Book of Eli had me halfway when they cast
Gary Oldman -- but they got a guaranteed ticket sale from me when they cast Ray
Stevenson. I'm disappointed that he's playing another badass assassin type, but hey, at least
I'll believe he could kick Denzel Washington's ass.
The plot description has been incredibly dry thus far -- a man named Eli protects a book that may
be humanity's salvation, Oldman is the despotic mayor of a struggling town, Mila Kunis is an
assassin sent to kill Eli, but who ends up joining him. But we have a little more,
courtesy of its newest cast member. Stevenson sat
down with
Reelz Channel, and shed a little more light on the bleak future this film will inhabit. "The
world in which it is set is completely uncompromising. The most precious commodity is actually
water, because virtually all of the water is poison, toxic -- whether it's due to eruptions from
the earth or the poisons in the sky. These very basic things are what drives human nature down to
almost animalistic qualities. But what still separates us from the animals?"
Hmmm. Shades of Waterworld, a threat that looms over every post-apocalyptic film not
titled The Road. There's never an in between when it comes to this genre ... you either
end up with something cool and Max Maxish, or you end up with The Postman. Let's keep
hoping for the best, though. The film begins shooting in February, and has a release date of
January 15, 2010.
Whither BitTorrent? The company is picking itself up and putting itself back together after
recent
exec departures and layoffs. And it has
finally shed its consumer business, the download store that had helped kicked off
Hollywood’s last few years of digital dealmaking, but never did much after that.
We just got off the phone with BitTorrent VP of Marketing Simon Morris, who filled us in on the
company’s changing strategy, as well as the recent hubbub about it moving away from the P2P
protocol to one that would interfere with VoIP and other activity. Morris said that following
the company’s multiple rounds of layoffs, BitTorrent is now “in safe shape” to
move forward. A lightly edited transcript follows.
Simon Morris: I think it was Nov. 17, a little over two weeks ago.
NewTeeVee: Was that due to lack of use?
Morris: It was due to two things. We found it very hard to make it a profitable
business endeavor. If you look at the things we’re trying to do as we shrink down the
company due to the economic environment, we’re experts in content delivery over the
internet. With the Torrent Entertainment Network we were stepping into a new domain of
merchandising of consumer entertainment products. In many ways, the retrenchment of the company
has been really focusing on what we’re good at.
NewTeeVee: Can you give specific numbers on how many users or downloads you had?
Morris: No. It wasn’t sufficiently successful for us. We investigated all
sorts of different approaches: try before you buy, download to own, download to rent,
ad-supported streaming. Ultimately, I wouldn’t say us retrenching away from it is any
indication it can’t be done, it’s just pure resources.
NewTeeVee: It seems from your shutdown FAQ that you’re
doing a good job of taking care of obligations to former customers.
Morris: We have DRM servers; we’ll just leave them up. It seems from a PR
point of view far more sensible to leave those things in place.
NewTeeVee: So, what’s happening with your remaining businesses? How is the
P2P CDN business going?
Morris: We’re focusing both on our consumer BitTorrent client but also on
our DNA content delivery service. The client is more popular than ever. Though I don’t know
if you saw the article in The
Register this week? We’re now talking to the guy about writing a followup. You will
find his opinion may have changed.
NewTeeVee: That was about moving to the UTP protocol?
Morris: It was about moving from P2P to UTP. The tone of the article and the
hysteria surrounding it was about creating a greedy protocol to bring the Internet to its knees,
and in fact it’s the opposite, we’re working on a more polite, gentler protocol.
We’ve briefed the ISPs, including Comcast, and we’re ultimately not trying to do
something that would damage ourselves.
NewTeeVee: And as for the DNA product?
Morris: The DNA client also has the benefit of this polite protocol, which has
actually already been implemented in the DNA client. The new protocol is UTP, based on UDP, but
with a very important layer built on top that gives it particular congestion control.
Today, Adobe is joining the passing parade of corporations everywhere -- not just in technology --
shedding headcount to save expenses. But a check of its numbers may make some ask why so drastic a
move.
pA day after Glu Mobile said a
href="http://www.moconews.net/entry/419-glu-aims-to-cut-expenses-by-19-percent-through-layoffs-cutting-ceos-pay"
title="it would shed staff"it would shed staff/a and cut CEO Greg Ballard's salary to prepare
itself for what it called the "increasing economic headwinds" facing the sector, its larger rivals
Electronic Arts and Gameloft, told a
href="http://www.reuters.com/article/technologyNews/idUSTRE4B26QE20081203" title="Reuters "Reuters
/athat the market is doing fine, thank you very much. A Gameloft (a
href="http://finance.paidcontent.org/paidcontent?Page=QUOTETicker=GFT" class="ticker"
title="GFT"EPA: GFT/a) spokeswoman said "it's all going well," while EA's mobile business head
Barry Cottle went further: "Mobile games are actually thriving right now," he said, dismissing the
idea that declining handset sales had hurt the market. He added, however, that while it was "too
early" to tell what sort of impact the weakening economy would have on the company, so far, they
had grown in all regions, including Europe where handset sales have dipped.nbsp; /p p So what
accounts for this disconnect? More on this issue on a
href="http://www.moconews.net/entry/419-is-mobile-gaming-thriving-or-struggling-depends-who-you-ask/"
title="MocoNews, here"MocoNews, here/a. /p piSocial Media Deals Report: This 199-page report,
filled with charts and data, examines the categories, number and size of VC and MA deal in social
media from 2007 through 2008. stronga href="http://www.paidcontent.org/reports/"Visit the
ContentNext Reports page/a/strongi/p pa href="http://feeds.feedburner.com/~a/pcorg?a=HoZiz7"img
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href="http://feeds.feedburner.com/~f/pcorg?a=CcOdO"img
src="http://feeds.feedburner.com/~f/pcorg?i=CcOdO" border="0"/img/a a
href="http://feeds.feedburner.com/~f/pcorg?a=lAVgo"img
src="http://feeds.feedburner.com/~f/pcorg?i=lAVgo" border="0"/img/a a
href="http://feeds.feedburner.com/~f/pcorg?a=fGQaO"img
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Two sheets of paper, not shown to the jury but found during the Shannon Matthews investigation,
offer a glimpse inside the strange world of Michael Donovan, Karen Matthews and her daughter.
for (DragView *dv in [contentView subviews])
{
[locations addObject:NSStringFromCGRect([dv rect])];
}
[[NSUserDefaults standardUserDefaults] setObject:locations forKey:@"locations"];
[[NSUserDefaults standardUserDefaults] synchronize];
[locations release]; I wanted to modify this so that I could also save off the background color of
the image views, so I added this;
Code: NSMutableArray *colors = [[NSMutableArray alloc] init]; then in the for{} loop;
Code: [colors addObject:[dv backgroundColor]]; and then after the for{}loop;
Code: [[NSUserDefaults standardUserDefaults] setObject:colors forKey:@"colors"]; Now the weird
thing is, the "colors" array is populated correctly by the for{} loop but if I try to read the
objects back;
Code: colors = [[NSUserDefaults standardUserDefaults] objectForKey:@"colors"]; it comes out with
garbage but reading the "locations" back;
Code: locs = [[NSUserDefaults standardUserDefaults] objectForKey:@"locationss"]; works as
expected.
I've tried all sorts of things;
casting the colors as strings
getting the CGColor from dv.backgroundColor (in the for {} loop)
casting the CGColor as a string
setting all the colors to constants (in the for{} loop) i.e. [colors addObject:[UIColor
redColor]];
but nothing works. When the object is read back from the user defaults, it reads back the right
number of objects (16 in this case) but they're all set to the same number.
Can anyone shed some light on it or suggest a simpler way to do what I'm trying to do? I've spent a
whole day on it and I'm no closer to a solution. :(
Shares in Michael Page International, one of Britain’s biggest recruitment consultants, fell
more than 10 per cent after warning that annual profits will fall for the first time in five years
as the financial sectoe continues to shed jobs.
Nick Lally made this simple noise box using an Arduino and just a few other parts. The website
doesn't have the schematics, but the source code is well documented and it's easy to figure out
what he used and where. Make sure to check out the audio clip on the site, it sounds really cool.
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Video technology sure has come a long way in the past 30 years. In the early days the first video
recorders used by TV production crews were large quad decks about the size of refrigerator lying
on its back and recorded video onto 2-inch wide videotape. Now you can easily find camcorders
that fit in your pocket and even shoot high-definition video. This holiday season millions of
people will give and receive some form of video, whether it's a LCD TV, video game system,
camcorder or other device. Why not consider giving the gift of video in the form of a fun and
practical project that can be found in the pages of Make Magazine? Here is just a sampling of
some of the video related gifts and resources you can find in the pages of Make and the Maker
Shed. Happy Video Holidays!
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by Jon Dale
Shedding The Past , the first album for German producer Shed, a.k.a. Rene Pawlowitz, is an album in
service to its history while making for the front the future as the past a little later,' as Alan
Sondheim once said. This means it somehow resonates with the wave of nostalgia that's currently...
Read More
The genome of a squirrel-sized, saucer-eyed lemur from Madagascar may help scientists understand
how HIV-like viruses coevolved with primates, according to new research from the Stanford
University School of Medicine. The discovery, to be published online on Dec. 1 in the Proceedings
of the National Academy of Sciences, could provide insight into why non-human primates
don’t get AIDS and lead to treatments for humans.