Stock Market Seems to Like 9.6%/17.1%+ U.S. Unemployment

Rewind: November 6, 2009: U.S. Unemployment Rate 10.2% (to 17.5%)

http://www.npr.org/search/index.php?searchinput=unemployment

http://topics.nytimes.com/top/reference/timestopics/subjects/u/unemployment/index.html

http://online.wsj.com/search/term.html?KEYWORDS=unemployment&mod=DNH_S

Meanwhile, Germany (1990-2010)

Rewind: It Was 20 Year Ago Today...

Fast-Forward: January 2012: "Germany's unemployment rate fell to a record low in January, data showed...its lowest point since figures for a reunified Germany were first published more than two decades ago."

NYC Mayor Freezes Hiring

B: “Although the city’s unemployment rate has declined seven months in a row, and job growth in the city has outpaced growth nationally and statewide, we are not immune from the impacts of the recession,” Bloomberg said in his letter. Tax revenue for the current fiscal year remains more than $4 billion below the peak levels reached before the recession began, Bloomberg said.

“Since almost 60 percent of city spending goes towards labor costs, including pension and health care contributions, the city must immediately take steps to rein in spending,” he said. Positions immediately affecting public health and safety, and those that generate revenue, are unaffected by the freeze.

NYC "Official" July 2010 Unemployment Rate: 9.4%

NYT: New York City’s unemployment rate dipped to 9.4 percent in July...

The city’s unemployment rate, which was 9.5 percent in June, has now declined for seven straight months since peaking at 10.5 percent at the end of 2009. It was slightly lower than the national unemployment rate — 9.5 percent in July — as it was in April and May.

Rewind: August 2009: New York City’s unemployment rate rose to 9.6 percent last month, surpassing the national unemployment rate...

Griddle 2010

TechCrunch: Today at a special ‘Ecomagination’ event in San Francisco, General Electric is announcing the launch of the $200 million GE ecomagination Challenge: Powering the Grid, an investment that’s meant to help spur advances in green grid technologies. The fund is launching in partnership with VC funds Emerald Technology Ventures, Foundation Capital, Kleiner Perkins Caufield & Byers, and RockPort Capital. Wired Editor-in-Chief Chris Anderson is also involved.

GE says that it is looking for proposals in three categories: Renewables, Grid, and Eco Homes & Eco Buildings. Applicants can submit ideas on ecomagination.com over a ten week period. Entrants will be eligable for both “a potential future commercial relationship” with GE and one of five $100,000 awards that are meant to highlight submissions demonstrating “outstanding entrepreneurship and innovation”.

http://challenge.ecomagination.com
http://www.emerald-ventures.com
http://www.foundationcapital.com
http://www.kpcb.com
http://www.rockportcap.com

Rewind: 2009: Griddle