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Tuesday, August 16, 2011

Today's funny stuff: What Were You Thinking.

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Moneybox: The Construction Workers Have Left the Building

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The Construction Workers Have Left the Building
Why a sharp drop in the unemployment rate for builders isn't good news.
By Annie Lowrey
Posted Monday, Aug. 15, 2011, at 6:28 PM ET

Illustration for Mark Alan Stamaty. Click image to expand.Since the beginning of the year, something extraordinary has happened in one of the sectors hardest hit by the recession: Unemployment has dropped by more than a third among construction workers. In January, the unemployment rate in construction was a whopping 22.5 percent. By July, it had fallen to 13.6 percent. Few other major employment sectors have seen such a dramatic change, let alone a positive one, in the same time period.

Those statistics might seem astonishing given the stubbornly high unemployment rate and anemic pace of jobs growth in the last year or two. (What the White House--or, more to the point, America's jobless workers--wouldn't give to see the broader unemployment rate drop that sharply!) Alas, the statistics are somewhat misleading. There has been no real recovery in construction. The falling unemployment rate is a sign of a still-ailing industry, not a newly thriving one.

To continue reading, click here.

Annie Lowrey reports on economics and business for Slate. Previously, she worked as a staff writer for the Washington Independent and on the editorial staffs of Foreign Policy and The New Yorker. Her e-mail is annie.lowrey@slate.com.

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Motorola Is The Fifth Most Popular Phone Manufacturer


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Tuesday, August 16, 2011
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Motorola Is The Fifth Most Popular Phone Manufacturer

Here's a snapshot of the most popular phone manufacturers from mobile ad network Millennial Media. These numbers are based on ad impressions Millennial serves to various devices.

As you can see, Motorola's share is 10%. It has been 10% for the last two years, according to Millennial's data. Meanwhile, HTC, Huawei, and Apple have been growing. With Google as its owner, will we see growth from Motorola?

Read »


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