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	<title>blog.rbach.net</title>
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	<link>http://rbach.net/blog</link>
	<description>A weblog by RB</description>
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		<title>Cisco Warns Service Providers to Get Moving on IPv6</title>
		<link>http://rbach.net/blog/index.php/cisco-warns-service-providers-to-get-moving-on-ipv6/</link>
		<comments>http://rbach.net/blog/index.php/cisco-warns-service-providers-to-get-moving-on-ipv6/#comments</comments>
		<pubDate>Sun, 05 Sep 2010 23:38:36 +0000</pubDate>
		<dc:creator>RB</dc:creator>
				<category><![CDATA[IPv6]]></category>
		<category><![CDATA[Networking]]></category>
		<category><![CDATA[6RD]]></category>
		<category><![CDATA[Cisco]]></category>
		<category><![CDATA[LSN]]></category>

		<guid isPermaLink="false">http://rbach.net/blog/?p=3612</guid>
		<description><![CDATA[ Cisco has announced that Free, a part of the French Iliad  Group,  has deployed  the Cisco Carrier-Grade IPv6 Solution using Internet Protocol version 6 rapid deployment technology for more than four  million Free residential broadband customers. The Iliad  Group (Euronext Paris: ILD) provides telecommunications and   Internet access via Free [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.ipv6forum.org/" target="_blank"><img class="alignleft size-full wp-image-3627" style="border: 0pt none; margin-left: 3px; margin-right: 3px;" title="ipv6_forum_logo" src="http://rbach.net/blog/wp-content/uploads/2010/09/ipv6_forum_logo.jpg" alt="" width="62" height="50" /></a> <a href="http://www.cisco.com/" target="_blank">Cisco</a> has <a href="http://newsroom.cisco.com/dlls/2010/prod_090210.html" target="_blank">announced</a> that <a href="http://free.fr" target="_blank">Free</a>, a part of the French <a href="http://www.iliad.fr/en/" target="_blank">Iliad  Group</a>,  has deployed  the<a href="http://www.cisco.com/en/US/netsol/ns1017/networking_solutions_solution_category.html" target="_blank"> Cisco Carrier-Grade IPv6 Solution </a>using <a title="IPv6" href="https://secure.wikimedia.org/wikipedia/en/wiki/IPv6" target="_blank">Internet Protocol version 6</a> <a href="http://tools.ietf.org/html/rfc5569" target="_blank">rapid deployment technology</a> for more than four  million Free residential broadband customers. The Iliad  Group (Euronext Paris: <a id="/company/Iliad_SA/ryjrsri" title="Iliad S.A." onclick="return ab_click(100001895,'/company/Iliad_SA/ryjrsri');" href="http://www.euronext.com/trader/summarizedmarket/stocks-2593-EN-FR0004035913.html?selectedMep=1" target="_blank">ILD</a>) provides telecommunications and   Internet access via Free and Alice (4,225,000 ADSL subscribers as   of 31 December 2008), Onetel and Iliad Télécom (fixed telephony   providers) and IFW (Wiresless Local Loop)  in France.  This is reportedly the first win for the Cisco 6rd technology.</p>
<p><a href="http://www.cisco.com/" target="_blank"><img class="alignright size-full wp-image-3628" style="border: 0pt none;" title="cisco_logo" src="http://rbach.net/blog/wp-content/uploads/2010/09/cisco_logo.jpg" alt="" width="90" height="66" /></a>In 2009 the networking goliath announced the Cisco Carrier-Grade IPv6 Solution using Internet Protocol version 6  rapid deployment technology. At that time  <a title="LightReading" href="http://www.lightreading.com/" target="_blank"><em>LightReading</em></a> <a href="http://www.lightreading.com/document.asp?doc_id=183048&amp;site=lr_cable" target="_blank">described</a> it as, &#8220;significant enhancements to its [Cisco's] Internet Protocol   Next-Generation Network (IP NGN) architecture that are designed to   secure the foundation of the Internet, which must accommodate the   exponential increase of connected devices for highly secure, efficient   video delivery and collaboration.&#8221; According to <em>LightReading</em></p>
<blockquote><p>&#8220;new Cisco Carrier-Grade IP   Version 6 (IPv6) solution, Cisco helps enable service providers to   effectively deal with the bottleneck created by the imminent depletion   of IPv4 addresses. This new solution complements Cisco&#8217;s IPv6 portfolio,   the widest and most extensive in the market. Now spanning from  the core of the network to the home, Cisco&#8217;s IPv6  capabilities have  been expanded and added to a wide range of the  company&#8217;s routers and  switches. Cisco is introducing new carrier-grade  IPv6 capabilities to  the Cisco CRS-1 Carrier Routing System for the  network core and to the  Cisco Aggregation Services Routers for the  network edge. These new  additions provide a cost-effective and efficient  means to bridge to a  full IPv6 next-generation network while extending  the life of existing  IPv4 addresses to smoothly manage that migration.</p></blockquote>
<p><a href="http://free.fr" target="_blank"><img class="alignleft size-thumbnail wp-image-3629" style="border: 0pt none; margin-left: 3px; margin-right: 3px;" title="free_logo" src="http://rbach.net/blog/wp-content/uploads/2010/09/free_logo-150x61.jpg" alt="" width="90" height="37" /></a>In an interview after the Free announcement Mike Capuano, director of service provider marketing, says upgrading the broadband infrastructure and replacing modems and mobile phones that aren&#8217;t IPv6 capable is a major looming challenge. He is quoted in <em>LightReading</em>, &#8220;Ideally this would have all been taken care of five years ago,&#8221; Capuano says. &#8220;But every major service provider is working on it.&#8221;</p>
<p>The <em>LightReading</em> article says that volume is a major issue in the consumer world, where there may be millions of end points that need to be replaced, along with infrastructure that has to be upgraded to manage the coming transition. &#8220;The CPE [customer premises equipment] in the home is definitely a big issue in terms of the clock and how long this will take&#8230; but it&#8217;s not limited to those end points, it&#8217;s the whole infrastructure,&#8221; Capuano says.</p>
<p>In Cisco&#8217;s world, the transition to an all-IPv6 world is a three-stage process dubbed; Preserve, Prepare, and Prosper and will take a decade-plus. The Preserve phase is well underway because  IPv4 addresses could be used up as early as May 2011 . Capuano says, &#8220;we need to preserve the IPv4 address space we have and use it well while we work with service providers to migrate to a hybrid v4/v6 network, which we call the Prepare phase, before we get to an all-v6 network, which we call the Prosper phase.&#8221;</p>
<p>There are many ways of preserving IPv4 addresses. Two common ones are IPv6 rapid deployment technology, also known as 6rd, and Large Scale NAT (network address translation), also called LSN. 6rd allows a CPE  device such as a modem/router or a mobile phone &#8220;to have a v6 address facing inside the home and v4 facing outside to the Internet.&#8221; This approach uses IPv6-over-IPv4 tunneling to take the IPv6 packets over an IPv4 infrastructure, terminating on a Cisco ASR 1000 aggregation router, which can then send the IPv6 packet into a data center that has mainly V6 content.  The LSN approach pulls network address translation, now done at the edge, into the network. NAT enables one public IPv4 address to be used to support multiple private IPv4 addresses within, a network, thus conserving IPv4 addresses. By doing NAT within the network core, Capuano says, LSN can use one public IPv4 address to support 100 private IPv4 addresses, taking conservation a  step farther.</p>
<p>Capuano admits he doesn&#8217;t know how many DSL or cable devices or mobile phones will have to be replaced. He does think this is a service provider issue, not a consumer problem. &#8220;The consumer shouldn&#8217;t care &#8212; they just want their applications and service,&#8221; he says.<br />
<script src="http://inetcore.com/project/ipv4ec/en-us/wolf_c.js" type="text/javascript"></script></p>
<p style="text-align: center;">Takashi Arano, <a href="http://inetcore.com/project/ipv4ec/" target="_blank">Intec NetCore</a> developed this gadget <a href="http://inetcore.com/project/ipv4ec/ " target="_blank"></a></p>
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		<title>CAPTCHAs Broken</title>
		<link>http://rbach.net/blog/index.php/captchas-broken/</link>
		<comments>http://rbach.net/blog/index.php/captchas-broken/#comments</comments>
		<pubDate>Tue, 31 Aug 2010 22:31:49 +0000</pubDate>
		<dc:creator>RB</dc:creator>
				<category><![CDATA[Malware]]></category>
		<category><![CDATA[Security]]></category>
		<category><![CDATA[CAPTCHA]]></category>

		<guid isPermaLink="false">http://rbach.net/blog/?p=3449</guid>
		<description><![CDATA[ Mims Bits on MIT&#8217;s Technology Review reports that researcher from UC San Diego have figured out how spammers use low-cost workers in Russia, Southeast Asia, and China to solve millions of CAPTCHAs in near real-time.
A CAPTCHA is  that bit of distorted text you have to type back at a webpage  when you&#8217;re [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-full wp-image-3491" style="border: 0pt none; margin-left: 3px; margin-right: 3px;" title="malware" src="http://rbach.net/blog/wp-content/uploads/2010/08/malware1.jpg" alt="" width="49" height="49" /> <a href="http://www.technologyreview.com/blog/mimssbits" target="_blank">Mims Bits</a> on <a title="MIT`" href="http://web.mit.edu/" target="_blank">MIT</a>&#8217;s <a href="http://www.technologyreview.com/" target="_blank"><em>Technology Review</em></a> <a href="http://www.technologyreview.com/blog/mimssbits/25594/" target="_blank">reports</a> that researcher from <a href="http://www.ucsd.edu/" target="_blank">UC San Diego</a> have figured out how spammers use low-cost workers in Russia, Southeast Asia, and China to solve millions of CAPTCHAs in near real-time.</p>
<p><a href="https://secure.wikimedia.org/wikipedia/en/wiki/CAPTCHA" target="_blank"><img class="alignright size-thumbnail wp-image-3488" style="border: 0pt none;" title="captcha" src="http://rbach.net/blog/wp-content/uploads/2010/08/captcha2-150x28.jpg" alt="" width="150" height="28" /></a>A <a href="http://www.captcha.net/" target="_blank">CAPTCHA</a> is  that bit of distorted text you have to type back at a webpage  when you&#8217;re trying to sign up for a new email account or leave a comment  on a blog.  In order to prevent spammers from flooding the web with their malware researchers developed CAPTCHAs. CAPTCHAs are designed to be easy for humans to  solve but challenging enough for computers to get right that automated systems would not be effective.</p>
<p>In what <em>Mims</em> calls an epic new analysis by the UC San Diego researchers, they uncovered the &#8220;seedy underbelly&#8221; of a sophisticated, highly automated, world-wide network of services that help  spammers get past the CAPTCHAs. The article says that the inventors of CAPTCHA probably didn&#8217;t expect thousands of laborers working for less than $50 a month would be recruited by spammers to solve an endless stream of CAPTCHAs.  Automated middlemen deliver the  CAPTCHAs to the workers by and then sell the results to spammers in real-time, so that their spam bots can use those solutions to post to blogs and set up fraudulent email accounts according to a paper (<a href="http://cseweb.ucsd.edu/~savage/papers/UsenixSec10.pdf" target="_blank">PDF</a>) delivered at the <a href="http://www.usenix.org/events/sec10/" target="_blank">USENIX Security 10 Symposium</a>.</p>
<p>The UC San Diego researchers analyzed where the workers involved in this scheme were located and found that they are based in India, Russia, Southeast Asia and China. The system is so efficient at delivering CAPTCHAs to workers in these remote locales that the average time for delivery of a solution hovers around 20 seconds. ImageToText, one of the CAPTCHA services the researchers experimented with was able to deliver correct results in &#8220;a remarkable range of languages,&#8221; including Dutch, Korean, Vietnamese, Greek and Arabic.</p>
<p><a href="https://secure.wikimedia.org/wikipedia/en/wiki/Klingon" target="_blank"><img class="alignleft size-thumbnail wp-image-3489" style="border: 0pt none;" title="klingon_insignia" src="http://rbach.net/blog/wp-content/uploads/2010/08/klingon_insignia-150x144.png" alt="" width="54" height="52" /></a>Even setting the sample CAPTCHAs to <a href="http://www.kli.org/" target="_blank">Klingon</a> , as a control in their experiment, could not stop ImageToText, according to <em>Technology Review</em>. The workers managed to solve a handful of the Klingon CAPTCHAs despite odds of less than one in one thousand of their randomly getting the right answer.</p>
<p>The results of this landmark study, says Mims,  show that a number of sites, including those run by Microsoft, AOL, Google and the widely used reCAPTCHA, are regularly compromised by spammers employing these services. The researchers conclude that their investigation with an anonymous &#8220;Mr. E&#8221; who actually runs one of these services, proves that for advanced spammers, CAPTCHAs aren&#8217;t so much a barrier as a cost of doing business.</p>
<p><a href="http://www.darkreading.com/" target="_blank">DarkReading</a> has a <a href="http://www.darkreading.com/authentication/security/vulnerabilities/showArticle.jhtml?articleID=226700514" target="_blank">report</a> that independent security researcher Chad Houck recently demonstrated his work on solving <a href="https://www.google.com/" target="_blank">Google&#8217;s</a> (<a href="http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=GOOG&amp;selected=GOOG" target="_blank">NASDAQ: GOOG</a>)  reCAPTCHA. <a href="http://www.google.com/recaptcha" target="_blank">reCAPTCHA</a> was designed to stop software bots attempts to create free accounts on the Google services for their malware ways.  Despite recent enhancements made by Google,  <em>DarkReading</em> says Houck came up with algorithms that could beat reCAPTCHA 30  percent of the time.</p>
<p><a title="Google" href="https://www.google.com/" target="_blank"><img class="alignright size-full wp-image-3493" style="border: 0pt none; margin-left: 3px; margin-right: 3px;" title="google" src="http://rbach.net/blog/wp-content/uploads/2010/08/google.jpg" alt="" width="105" height="44" /></a>A 30% success rate means that automated software using Houck&#8217;s algorithm will be able to  create one Google account out of just three attempts. Multiply those odds by  the endless attempts by tens of thousands of zombies in a typical botnet, reCAPTCHA is broken.</p>
<p>In the <em>DarkReading</em> article, Houck notes that &#8220;[ReCAPTCHA] has never been  wholly secure. There are always ways to crack it.&#8221; The researcher has  since published a white paper on it, and has also <a href="http://n3on.org/projects/reCAPTCHA/" target="_blank">released his algorithms online</a>. For now at least, a Google spokesperson says there has not been any sign of this particular attack being actively used.</p>
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		<title>New School Year Same Security Threats</title>
		<link>http://rbach.net/blog/index.php/new-school-year-same-security-threats/</link>
		<comments>http://rbach.net/blog/index.php/new-school-year-same-security-threats/#comments</comments>
		<pubDate>Sat, 28 Aug 2010 14:54:58 +0000</pubDate>
		<dc:creator>RB</dc:creator>
				<category><![CDATA[Malware]]></category>
		<category><![CDATA[Security]]></category>
		<category><![CDATA[K12]]></category>
		<category><![CDATA[Social networks]]></category>
		<category><![CDATA[WatchGuard]]></category>

		<guid isPermaLink="false">http://rbach.net/blog/?p=1803</guid>
		<description><![CDATA[ Another school year is starting up and security firm WatchGuard has a list of the top threat to school IT systems as classes start-up again.  Eric Aarrestad, Vice President at privately held WatchGuard Technologies says, &#8221;With so much at risk and so much to gain by cybercriminals, today&#8217;s campus is one of the most dangerous IT environments [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-full wp-image-3532" style="margin: 0px 3px; border: 0pt none;" title="malware" src="http://rbach.net/blog/wp-content/uploads/2010/08/malware2.jpg" alt="" width="70" height="70" /><a href="http://www.watchguard.com/" target="_blank"><img class="alignright size-thumbnail wp-image-3533" style="margin: 4px 3px; border: 0pt none;" title="watchguard_logo" src="http://rbach.net/blog/wp-content/uploads/2010/08/watchguard_logo-150x42.jpg" alt="" width="150" height="42" /></a> Another school year is starting up and security firm <a title="WatchGuard" href="http://www.watchguard.com/" target="_blank">WatchGuard</a> has a <a href="http://www.watchguard.com/news/press-releases/wg439.asp" target="_blank">list</a> of the top threat to school IT systems as classes start-up again.  Eric Aarrestad, Vice President at privately held WatchGuard Technologies says, &#8221;With so much at risk and so much to gain by cybercriminals, today&#8217;s campus is one of the most dangerous IT environments around.&#8221; He continues, &#8220;Unlike enterprise organizations that can throw substantial resources towards network and data protection, schools and universities are more constrained, yet they face some of the most demanding security challenges due to the dynamic interaction between students and their school&#8217;s IT resources.&#8221;</p>
<p>WatchGuard&#8217;s top threats include:</p>
<p><strong>Social Networks</strong> The security firm calls social networks, the number one threat to school and university networks is social networks, such as Facebook and MySpace. Unfortunately, social networks act as an ideal platform to launch a myriad of attacks against students and departments, including spam, viruses, malware, phishing and more. Adding to this, socially engineered attacks are often extremely successful due to the “trusted” environment that social networks create.</p>
<p><strong>Malware</strong> As students and teachers use the web for education purposes, the Seattle-based firm company says many unwittingly expose themselves to drive-by downloads or corrupted websites, which inject malicious forms of software on their computers. Once infected, they risk becoming victims of identity theft or loss of personal information via spyware and keyloggers.</p>
<p><strong>Viruses </strong>Today, email remains one of the primary ways for delivering viruses. According to the release, recent surveys suggest that 27 percent of users fail to keep their antivirus signatures which may, in any case, be unable to up stop the new generation of viruses with polymorphic properties.</p>
<p><strong>Botnets </strong>The privately held security firm estimates that 15 to 20 percent of all school and university computers connected to the Internet may be part of a botnet. As part of a botnet, school and university systems may be used in a variety of unknown exploits, including spam delivery, denial of service attacks, click-fraud, identity theft and more.</p>
<p><strong>Phishing</strong> Phishing scams continue to get more sophisticated and selective, with students being specifically targeted. WatchGuard claims that phishing attacks via social networks achieve a success rate of over 70 percent.</p>
<p><strong>Hacking </strong>In a recent survey of education IT professionals, 23 percent ranked student hackers as one of their greatest threats to network security.</p>
<p><strong>Access Control </strong>Usage of mobile devices and wireless access to education IT resources continues to plague network administrators. As use of mobile devices escalates, schools will face increasing challenges in managing authorized network access according to the security vendor.</p>
<p>WatchGuard Technologies provides a variety of Internet security software and hardware products, including firewalls, virtual private network (VPN) appliances, and anti-virus applications under the <a href="http://www.watchguard.com/products/xtm-main.asp" target="_blank">XTM</a>, <a href="http://www.watchguard.com/products/xcs-main.asp" target="_blank">XCS</a>, and <a href="http://www.watchguard.com/products/eseries-main.asp" target="_blank">e-Series</a> brands.</p>
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		<title>Acer Beats Dell</title>
		<link>http://rbach.net/blog/index.php/acer-beats-dell/</link>
		<comments>http://rbach.net/blog/index.php/acer-beats-dell/#comments</comments>
		<pubDate>Wed, 25 Aug 2010 21:30:09 +0000</pubDate>
		<dc:creator>RB</dc:creator>
				<category><![CDATA[Hardware]]></category>
		<category><![CDATA[PC]]></category>
		<category><![CDATA[Acer]]></category>
		<category><![CDATA[Dell]]></category>
		<category><![CDATA[Gartner]]></category>
		<category><![CDATA[HP]]></category>

		<guid isPermaLink="false">http://rbach.net/blog/?p=3405</guid>
		<description><![CDATA[I recently wrote about the troubles at Dell. Here is more proof of the downturn at Dell.  BusinessInsider is reporting that Acer (LSE: ACID), the Taiwanese computer maker has posted another solid quarter of global PC sales, according to new data from Gartner.
The Asian and emerging markets drove Acer&#8217;s growth. It has  also successfully [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-thumbnail wp-image-3496" style="border: 0pt none; margin-left: 3px; margin-right: 3px;" title="pc" src="http://rbach.net/blog/wp-content/uploads/2010/08/pc-150x150.jpg" alt="" width="75" height="75" /><a href="http://us.acer.com/" target="_blank"><img class="size-thumbnail wp-image-3497 alignright" style="border: 0pt none; margin-left: 3px; margin-right: 3px;" title="acer_logo" src="http://rbach.net/blog/wp-content/uploads/2010/08/acer_logo-150x150.jpg" alt="" width="75" height="75" /></a>I recently <a href="http://rbach.net/blog/index.php/more-dell-hardware-woes/" target="_blank">wrote</a> about the troubles at Dell. Here is more proof of the downturn at <a title="Dell" href="http://www.dell.com/" target="_blank">Dell</a>.  <a href="http://www.businessinsider.com/" target="_blank"><em>BusinessInsider</em></a> is <a href="http://www.businessinsider.com/chart-of-the-day-acer-hp-dell-2010-7" target="_blank">reporting</a> that <a title="Acer" href="http://us.acer.com/" target="_blank">Acer</a> (<a title="London Stock Exchange" href="https://secure.wikimedia.org/wikipedia/en/wiki/London_Stock_Exchange" target="_blank">LSE</a>: <a rel="nofollow" href="http://www.londonstockexchange.com/exchange/prices-and-news/stocks/summary/company-summary.html?fourWayKey=US0044342055USUSDIOBE" target="_blank">ACID</a>), the Taiwanese computer maker has posted another solid quarter of global PC sales, according to <a href="http://www.gartner.com/it/page.jsp?id=1401136" target="_blank">new data </a>from <a title="Gartner" href="http://www.gartner.com/" target="_blank">Gartner</a>.</p>
<p>The Asian and emerging markets drove Acer&#8217;s growth. It has  also successfully ridden the explosion in netbook demand. The netbook market is <a href="http://www.businessinsider.com/ipad-impact-on-netbooks" target="_blank">drying up now</a>, though thanks to <a href="http://www.apple.com/ipad/" target="_blank">Apple&#8217;s iPad</a>.  This could give Dell an opening, if it can execute well (a big if  lately) and Taiwan based Acer has problems cracking the mainland China  market.</p>
<p style="text-align: center;"><a href="http://www.businessinsider.com/chart-of-the-day-acer-hp-dell-2010-7" target="_blank"><img class="aligncenter size-medium wp-image-3406" title="acer_beats_dell" src="http://rbach.net/blog/wp-content/uploads/2010/08/acer_beats_dell-300x225.gif" alt="" width="300" height="225" /></a></p>
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		<title>80% of US Job Seekers Wont Get Jobs Soon</title>
		<link>http://rbach.net/blog/index.php/80-of-job-seekers-wont-get-jobs-soon/</link>
		<comments>http://rbach.net/blog/index.php/80-of-job-seekers-wont-get-jobs-soon/#comments</comments>
		<pubDate>Mon, 23 Aug 2010 21:58:25 +0000</pubDate>
		<dc:creator>RB</dc:creator>
				<category><![CDATA[Recession]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Greed]]></category>

		<guid isPermaLink="false">http://rbach.net/blog/?p=3347</guid>
		<description><![CDATA[The U.S. Labor  Department recently reported that the unemployment rate held steady at 9.5%.    The analysts at Chart of the Day crunched some numbers and it looks like the U.S. is not out of the economic woods yet.  According to Chart of the Day, assuming that the depression, economic uncertainty, recession ended [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-full wp-image-3401" style="border: 0pt none;" title="recession" src="http://rbach.net/blog/wp-content/uploads/2010/08/recession1.jpg" alt="" width="46" height="46" />The <a href="http://www.dol.gov/" target="_blank">U.S. Labor  Department</a> recently reported that the unemployment rate held steady at 9.5%.    The analysts at <a title="Chart of the Day" href="http://www.chartoftheday.com/" target="_blank"><em>Chart of the Day</em></a> <a href="http://www.chartoftheday.com/20100806.htm?T" target="_blank">crunched</a> some numbers and it looks like the U.S. is not out of the economic woods yet.  According to <em>Chart of the Day</em>, assuming that the <span style="text-decoration: line-through;">depression</span>,<span style="text-decoration: line-through;"> economic uncertainty</span>, recession ended in June 2009, the current unemployment  rate is exactly where it was at the end of the recession (9.5%).  They offer some perspective on the current state of the labor market, their chart  illustrates the amount of time it took for the unemployment rate to  ultimately dip below (and stay below) its recession-end level for each  recession since the late 1940s.</p>
<p style="text-align: left;"><a href="http://www.chartoftheday.com/20100806.gif" target="_blank"><img class="aligncenter size-medium wp-image-3348" style="border: 0pt none;" title="employment_recovery_graph" src="http://rbach.net/blog/wp-content/uploads/2010/08/employmnet_recovery_graph-300x224.gif" alt="" width="300" height="224" /></a><img class="alignright size-medium wp-image-3507" title="Depression7" src="http://rbach.net/blog/wp-content/uploads/2010/08/Depression7-300x238.gif" alt="" width="210" height="167" />For example, at the end of the  recession that ended in November 1982,  the unemployment rate stood at  10.8%.  As the chart illustrates, it  took two months for the  unemployment rate to drop below (and stay  below) the recession-end level  of 10.8%.</p>
<p style="text-align: left;">The <em>Economic Policy Institute</em> <a href="http://www.epi.org/" target="_blank">(EPI)</a> <a href="http://www.epi.org/publications/entry/job_openings_improve_but_still_more_than_5_unemployed_workers_per_avai/" target="_blank">pointed out</a> last March that to absorb the nearly 15 million officially unemployed  workers in this country, plus the roughly 2.6 million “marginally  attached” workers (jobless workers who want a job but have given up  actively seeking work and are  not counted as officially  unemployed), job openings and hiring must rebound dramatically.</p>
<p style="text-align: left;"><a href="http://www.epi.org/publications/entry/job_openings_improve_but_still_more_than_5_unemployed_workers_per_avai/" target="_blank"><img class="aligncenter size-medium wp-image-3396" style="border: 0pt none;" title="job_seekers_per_opening" src="http://rbach.net/blog/wp-content/uploads/2010/08/job_seelers_per_opening-300x222.jpg" alt="" width="300" height="222" /></a>The <a href="http://www.epi.org/publications/entry/news_from_epi_for_four_out_of_five_unemployed_workers_there_are_no_jobs/" target="_blank">latest</a> EPI numbers say that for every job filled, there are still 5 people who cannot find a job. In this environment of constant<span style="text-decoration: line-through;"> right-sizing</span>, <span style="text-decoration: line-through;">resource actions</span>, mass-hiring, firms are stock-piling cash and not making things. The cash stock-piles are huge. The <em>BusinessInsider</em> has this graphic which says it all in my opinion.</p>
<p style="text-align: left;"><a href="http://www.businessinsider.com/chart-of-the-day-nonfarm-nonfinancial-corporate-business-2010-7" target="_blank"><img class="aligncenter size-medium wp-image-3399" style="border: 0pt none;" title="Corp_cash" src="http://rbach.net/blog/wp-content/uploads/2010/08/Corp_cash-300x225.png" alt="" width="300" height="225" /></a></p>
<p><img class="size-thumbnail wp-image-3502 alignright" style="border: 0pt none; margin-left: 3px; margin-right: 3px;" title="greed" src="http://rbach.net/blog/wp-content/uploads/2010/08/greed-123x150.jpg" alt="" width="74" height="90" /><a href="http://www.bloomberg.com/" target="_blank">Bloomberg</a> <a href="http://www.bloomberg.com/apps/news?pid=newsarchive&amp;sid=a6kXsL1Q5FYc" target="_blank">reported</a> in February that a  majority of companies in the Standard &amp; Poor’s 500 stock index increased cash to a combined $1.18 trillion while simultaneously reducing spending, keeping a jobs recovery on hold. <em>Bloomberg </em>reports that firms such as:</p>
<ul>
<li>Caterpillar Inc.</li>
<li>Eaton Corp.</li>
<li>Walgreen Co.</li>
<li>General Electric Co.</li>
</ul>
<p>are among 256 companies that ended last quarter with billions more cash than a year earlier after cutting capital spending by 43 percent.<em> Bloomberg</em> economists say the dearth of investment is keeping the   jobless rate at about 10 percent.</p>
<p style="text-align: left;">According to a <a title="Washington post" href="https://www.washingtonpost.com/" target="_blank"><em>Washington Post</em></a> <a href="https://www.washingtonpost.com/wp-dyn/content/article/2010/07/14/AR2010071405960.html" target="_blank">article</a>,  non-financial companies are sitting on $1.8 trillion in cash, roughly one-quarter more than at the beginning of the recession. The <em>Post</em> sites a survey of more than 1,000 chief financial officers by Duke University and <em>CFO</em> magazine showed that nearly 60 percent of those executives don&#8217;t expect to bring their employment back to pre-recession levels until 2012 or later &#8212; even though they&#8217;re projecting a 12 percent rise in earnings and a 9 percent boost in capital spending over the next year.</p>
<p style="text-align: left;"><img class="alignright size-medium wp-image-3505" style="border: 0pt none; margin-left: 3px; margin-right: 3px;" title="Depression5" src="http://rbach.net/blog/wp-content/uploads/2010/08/Depression5-300x224.jpg" alt="" width="216" height="162" />It is noteworthy that, over the past two decades, it has  taken  much longer (on average) for the unemployment rate to  drop  below its recession-end level.  The reasons for this increased time  for  the unemployment rate to turn around varies. One  explanation  that <em>Chart of the Day</em> offers is that following World War II, the US found itself in a   strong/dominant economic position.  It took time, but eventually many   of the remaining world economies began to recover and we are now   witnessing increased competition as a result of the rise of the rest.</p>
<p style="text-align: left;">If it globalization or corporate greed, the lack of jobs in the U.S. means 80% of job seeks are out of luck. “The 5-to-1 ratio means that there is literally only one job  opening  for every five unemployed workers. That is, for every four out  of five  unemployed workers there simply are no jobs.” <a href="http://www.epi.org/publications/entry/news_from_epi_for_four_out_of_five_unemployed_workers_there_are_no_jobs/" target="_blank">explains</a> EPI economist Heidi  Shierholz.</p>
<p><img src="file:///C:/Users/RB/AppData/Local/Temp/moz-screenshot.png" alt="" /></p>
<p><img src="file:///C:/Users/RB/AppData/Local/Temp/moz-screenshot-1.png" alt="" /></p>
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