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Playlist: November Unemployment

Posted by Katharine Crnko

For Marketplace Morning Report, Friday, December 3, 2010

Today the Labor Department released the November unemployment rating. November was up to 9.8 percent, which was a sharp contrast to analysts expectations. Now economists fear a "jobless recovery."

The National Commission on Fiscal Responsibility will vote on a proposal to slash the federal deficit, but lobbyists and special interest groups have been slamming the proposal ever since it was released.

The House passes the Commercial Advertising Loudness Mitigation Act, setting rules on how loud television commercials can be. Is this the one thing lawmakers can all agree on?

Norfolk was once a penal island for Australia, but now it is home to the first experimental personal cap and trade program. Citizens will be allotted carbon points which they will trade for commodities.

Some home prices in Shanghai and Beijing are on-par with lofts in Manhattan. We've already seen what a U.S. housing bubble does to the global economy. But what about a Chinese bubble?

Steve Chiotakis speaks with Stephan Richter, publisher and editor-in-chief of TheGlobalist.com, in this week's Marketplace Globalist Quiz.

Verizon is going to roll out its new, faster wireless network. It's called 4G. Only thing is, it's not technically 4G according to the United Nations agency that sets the global standards for these things.

Here are the songs we played:

  • Heard Them Stirring -- Fleet Foxes Buy
  • Looking Good -- The Hard to Get
  • Before He Cheats -- Royksopp Buy
  • Right Round -- Flo Rida Buy

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