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Marketplace for Friday, December 7, 2012

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Episode Description 
November's job report shows the jobless rate fell to 7.7 percent, and 146,000 new jobs were created -- but how can the report be of any practical use to job seekers? We look at the changes IBM says they're making to employee benefits and how it could ripple to other companies. Some mortgage companies say they won't foreclose over the holidays. There's a breakthrough in the shipping industry that has tankers reaching their destinations more quickly than ever. And Scott Tong profiles George Mitchell, the godfather of modern-day fracking.

Fannie Mae, big banks halt holiday evictions

Fannie Mae, Freddie Mac and some big banks will halt evictions from foreclosed homes during the holidays. Is this altruism or a publicity stunt?
Posted In: Housing, foreclosure

Global warming good news for Russian shipping

Melting ice means a Russian gas company can now send tankers to Japan through the Arctic Ocean, instead of the Suez Canal.
Posted In: shipping, Arctic

IBM remakes its match

The tech giant is shifting its 401(k) plan to once-a-year matches instead of monthly payments.
Posted In: IBM, 401(k)

Superstorm Sandy can't dampen U.S. jobs growth

Unemployment fell to 7.7 percent in November, with 146,000 jobs added in the U.S. economy.
Posted In: Weekly Wrap

The jobs report as instruction manual for jobseekers

Job search tips in the unemployment numbers? Get a college degree, move to North Dakota, and more
Posted In: Jobs

George Mitchell, 94, dies: Oil man unlocked fracking

It took nearly two decades for Texas oil man George Mitchell to develop fracking for natural gas. Now his process has unlocked an energy bonanza for the U.S.
Posted In: fracking, natural gas, george mitchell

Small talk: Used clothes, anti-viral beer and the coco-apple?

The news that didn't quite make the headlines. This week: Giving your used clothes away, a pineapple that tastes like coconut and the anti-viral properties of beer.
Posted In: humor

Music from this show

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Nuclear Seasons
Charli XCX
Harps
The Sea and Cake
Lights Out
Menahan Street Band
We Got It Wrong (Original Version)
St. Lucia