"The still-unfinished floors are high-ceilinged, unencumbered, and spacious enough to host an Ultimate Frisbee tournament, with wraparound views of brick and brownstone landmarks. IBM’s Watson team is moving in, hoping perhaps that the area’s creative aura will enlighten its engineers. The mirrored façade seems to sharpen reflections to a higher resolution than reality itself. Architects love to pretend that reflective structures 'dematerialize'—that is, disappear—but Maki’s building is a solid object, black and glossy and timeless as a Steinway grand, expressing itself in an architectural language that is incomprehensible around here." —That is perhaps a too-polite way of saying "51 Astor Place is so frighteningly [...]
The number of long-term unemployed (those jobless for 27 weeks and over) rose from 5.1 to 5.4 million in May.
— James Pethokoukis (@JimPethokoukis) June 1, 2012
The image being used on Business Insider to describe today's jobs numbers is of stuff blowing up. "The yield on the benchmark on the 10-year Treasury note plunged to 1.46 percent, the lowest on record." The U-6 (total unemployed, plus marginally attached, plus people forced into part-time work, as percent of labor force) is down from a year ago but up from last month, just under 15%. But here's the long view on jobs; here's [...]