Tuesday, November 8, 2011

Friday, November 4, 2011

UNEMPLOYMENT RATE DROPS TO 9 %

From HotAir.com


Unemployment dropped a tenth of a point in October but the number of jobs added provided less than needed for population growth, according to the latest report from the BLS:
Nonfarm payroll employment continued to trend up in October (+80,000), and the unemployment rate was little changed at 9.0 percent, the U.S. Bureau of Labor Statistics reported today. Employment in the private sector rose, with modest job growth continuing in professional and businesses services, leisure and hospitality, health care, and mining. Government employment continued to trend down. …
Total nonfarm payroll employment continued to trend up in October (+80,000). Over the past 12 months, payroll employment has increased by an average of 125,000 per month. In October, private-sector employment increased by 104,000, with continued job growth in professional and business services, leisure and hospitality, health care, and mining. Government employment continued to contract in October.
Analysts expected an overall job growth number around 95,000, so this falls short of predictions. Even with just the private-sector growth taken into consideration, the number isn’t enough to keep up with population growth. I suspect the topline number fell because the workforce may still be shrinking, although the civilian participation rate and employment-population ratios remained the same as last month.
Looking a little deeper into the year-on-year numbers for people not in the work force (and therefore not counted in the jobless rate), those numbers (not seasonally adjusted) increased from October 2010, from 84.878 million to 86.181 million.  People who want work but remain outside the labor force rose from 5.867 million to 5.969 million, although the category of “discouraged workers” dropped from 1.219 million to 967,000.  The seasonally-adjusted numbers show a one-month increase in people who want a job but don’t have one from 6.241 million to 6.403 million — a bad sign after last month’s decrease in this figure.
Since unemployment dropped you get a GregALogue!

 

CARTOON OF THE DAY


Nearly 300,000 customers are still without power from the late October NorEaster. 

IT'S A END OF AN ERA...


Five years ago in the fall of 2006, Robotech: The Shadow Chronicles screened at the Lammle Sunset 5 as part of the LA Korean Film Festival.  The theatre has long been king of the LA indie film scene and often the competiion to get films booked into the theater was fierce. Five years later the LA Times is reporting that a 20 year reign is ending.

It's the end of an era for a West Hollywood movie house that has been a mainstay of the independent cinema scene for the last 20 years.

Laemmle Theatres will stop operating the Sunset 5 at the end of the month after being unable to come to terms with the landlord on a new lease.
Robert Redford's Sundance Cinemas will take over the five-screen complex Dec. 1 and will temporarily close it for renovations, with plans to reopen in late spring. This marks the entry of Westlake Village-based exhibitor into the Los Angeles area. Sundance Cinemas operates theaters in Madison, Wis., San Francisco and Houston.
         Fans line up for the screening of Robotech: The Shadow Chronicles in the fall of 2006.
Although the Sunset 5 will remain operational, the loss of Laemmle as its programmer marks a significant shift for the independent film business in the Los Angeles area. Filmmakers such as Catherine Hardwicke  ("Thirteen"), Bryan Singer ("The Usual Suspects") and Bill Condon ("Gods and Monsters") had their films premiere at the movie house on Sunset Boulevard near Crescent Heights.
"I've seen so many inspiring films at the Sunset 5 -- movies you couldn't see anywhere else," Hardwicke said. "Then I got lucky and my directorial debut, 'Thirteen,' screened there. It was a real honor to do a Q&A in this iconic indie theatre. I even had a heckler in a fake beard and mustache and a stalker chick that made her own fliers for the screening. I'll miss the Laemmle vibe, but I'm glad to hear that the theater will reopen in the spring."
                                                             Inside one of the theatres!
Over the years, the programming for the theater became more of a challenge as first-rate art house titles were attracted to higher-end cinemas in the area, specifically Pacific Theatres at the Grove, which took over the location in late 2002; the Arclight Hollywood, which opened in 2003; and the Landmark Theatres on Pico Boulevard, which launched in 2007.
“Ever since the Arclight and the Grove opened, we lost some attendance,"
said Greg Laemmle, president of Laemmle Theatres. “We still had hit films such as ‘Monster’ [starring Charlize Theron] and ‘Half Nelson’ [starring Ryan Gosling] along the way. But we started seeing fewer and fewer of them. Distributors were under pressure to get into the Arclight.”
While its a good thing Sundance is taking over it is a downer to see this era end. At least we can say Robotech was part of this great era of indie film in Los Angeles!

Wednesday, November 2, 2011

A LOOK BACK AT TITAN A.E.




The website Ink&Pixel has posted a look back at the animated film Titan A.E. here is an excerpt.

Despite the film being nominated for an Annie Award for Best Animated Feature (it’s chances then destroyed by the release of Disney Pixar’s Toy Story 2), it was considered a box-office flop and was deemed as being solely responsible for the closing of Fox Studios’ animation department. When it only garnered $36,754,634 worldwide after several weeks into its release, many had blamed the film’s odd marketing campaign for its failure. The seriousness of the plot, coupled with the zany cast of cartoon characters, seemed to be something that, at the time, just did not speak to those that would have otherwise been happy to climb aboard The Valkyrie with Cale and the rest of the strange crew.
While I do not agree with everything that is said in the article it is worth the read. 

Tuesday, November 1, 2011

MISFIT POLITICS LAUNCHES TODAY



A new site run by my friend Ezra Dulis is up and its called Misfit Politics. 

Yes the name perfectly describes who these people are. 



 


Click on the logo below to check out the new site that launched today!