Marketplace Morning Report for Friday, December 6, 2013

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Episode Description 
Nelson Mandela, the man who lead South Africa to end apartheid and served as an inspiration to many around the world, died yesterday at 95. His death is a reminder of how economics can be a tool of oppression as well as a tool of liberation. The government's official jobs numbers are out this morning. With unemployment in the U.S. still over 7 percent but new jobs being created at a slow but steady clip now, there are lots of people applying for virtually every position advertised. Most of these applicants are screened by a computerized "applicant tracking system." But some applicants are being left out and companies are trying to put the human touch back into the screening process. 

Mandela ended political apartheid in South Africa, but economic apartheid continues

South Africa is one of the most unequal countries in the world in terms of income distribution, and the differences often fall along racial lines.
Posted In: Nelson Mandela, South Africa, apartheid

President Obama isn't allowed to get a new iPhone for Christmas

President Obama revealed this week that he isn't allowed to have an iPhone. The Secret Service makes him stick to a BlackBerry.
Posted In: Barack Obama, secret service, Blackberry, encryption

PODCAST: Unemployment at 7 percent for the first time since 2008

The unemployment rate hit a 5-year low, with 203,000 jobs added in November. And, a look at how divestment helped stop apartheid in South Africa.

Go inside a virtual reality simulator used for treating PTSD

At a VA hospital in New York, veterans are being treated for post-traumatic stress disorder inside a virtual reality simulator.
Posted In: PTSD, virtual reality

Unemployment rate hits 5-year low; 203,000 jobs added in November

The unemployment level has fallen to 7 percent for the first time since 2008. But people are still suffering.
Posted In: jobs numbers, employment, Unemployment

How divestment helped stop apartheid in South Africa

In 1982, the University of Maine became one of the first 10 universities in the country to completely divest from South Africa.
Posted In: Nelson Mandela, South Africa, divestment, apartheid

Arts and culture contribute more to U.S. economy than tourism

New calculations on the contribution that arts and culture make to GDP reveal a larger impact than tourism.
Posted In: GDP, BEA, NEA

Mandela knew economics could be tool of liberation, or oppression

The divided economy that Nelson Mandela had to confront in South Africa.
Posted In: Nelson Mandela, South Africa

Does online screening shut out good job candidates?

Innovative job screening platforms that include video interviews may solve some of the concerns with ubiquitous electronic screening systems.
Posted In: hiring, job search, Unemployment

Your drone delivery has been dispatched: This week's Silicon Tally

1 billion, $.007, 200 million, 13 years, 3 months, 2 million, 2, 2 years, 20-30, 100 percent. Do you know what these numbers mean?
Posted In: silicon tally

Music from this show

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Freddie Joachim
Miss Teardrop
Felix Laband
The Message (Instrumental Version)
Dr. Dre
Blue Scholars
Someone Great
LCD Soundsystem

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