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Dec 7, 2012

Marketplace for Friday, December 7, 2012

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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.

Segments From this episode

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

Dec 7, 2012
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.

George Mitchell, 94, dies: Oil man unlocked fracking

Dec 7, 2012
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.

The jobs report as instruction manual for jobseekers

Dec 7, 2012
Job search tips in the unemployment numbers? Get a college degree, move to North Dakota, and more

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

Dec 7, 2012
Unemployment fell to 7.7 percent in November, with 146,000 jobs added in the U.S. economy.

IBM remakes its match

Dec 7, 2012
The tech giant is shifting its 401(k) plan to once-a-year matches instead of monthly payments.

Global warming good news for Russian shipping

Dec 7, 2012
Melting ice means a Russian gas company can now send tankers to Japan through the Arctic Ocean, instead of the Suez Canal.

Fannie Mae, big banks halt holiday evictions

Dec 7, 2012
Fannie Mae, Freddie Mac and some big banks will halt evictions from foreclosed homes during the holidays. Is this altruism or a publicity stunt?

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.

Music from the episode

Nuclear Seasons Charli XCX
We Got It Wrong St. Lucia
Lights Out Menahan Street Band