With struggle to create jobs, Polytech incubator encourages innovation

Economists forecast that Friday’s unemployment report will show the nation’s unemployment rate has not changed at 9.2 percent, with an expected figure of 90,000 jobs added last month. Congress has done little to address unemployment, infuriating voters around the nation. But, the Polytechnic Institute of New York University has an idea about lowering unemployment. The institute has teamed up with the city of New York to found an incubator that provides a physical space and money to help new businesses take off. The Takeaway’s host, John Hockenberry spent a day visiting young  entrepreneurs  at the Varick Street Incubator, and he speaks with  Polytech president  Jerry Hultin  about the venture.