Word: 90s
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...ranks of the employed, many of the jobless can't seem to elbow back in. The number of Americans unemployed for six or more months hit 1.6 million last month, up 93% from a year ago. Hundreds of thousands of jobs were created during many months in the '90s, but the job market shrunk by 43,000 jobs in September. Professionals and other elite workers--who tend to be older, better educated and highly trained--find themselves fighting for a shrinking pool of high-paying jobs. And in the wake of 9/11, only 12% of laid-off managers are willing...
...press may be overdoing it, but it's mostly the Senator's self-destructive behavior that's to blame. It began in the mid-'90s with David Chang, a Korean-American businessman who wanted help getting money that North Korea owed him. Chang has woven extravagant tales of giving cash, suits, antiques and watches to Torricelli in exchange for that help, but Chang is a dubious source. Currently serving time for witness tampering and illegal contributions to Torricelli's campaigns, he is prone to rants like accusing the fbi of planting evidence. In June prosecutors declined to pursue charges against...
What's different now? The '90s presented a mixed picture of teen sexual health. There was a solid 20% decline in the teen birth rate, and according to a CDC report released last week, sexual activity decreased 15%. But the incidence of certain sexually transmitted diseases rose among adolescents. A quarter of all new HIV cases today occur in those ages 21 and younger. And doctors are reporting more frequent diagnoses of herpes and the human papillomavirus, or HPV, which is linked to cervical cancer and is thought to infect more than 15% of sexually active teens. The last figure...
...boom times of the '90s were not just an economic story; they changed the lives of families too. Dads jetted around the country, moms could afford to give up their jobs, and families everywhere dreamed about new diplomas and big promotions. But family life was transformed again when the current slowdown began in March 2001. Two million Americans lost their jobs, while others saw their paychecks shrink. How is the changed economy affecting their emotional welfare? "Money is the physical manifestation of who you are. It defines you," says certified financial planner and best-selling personal-finance author Suze Orman...
David Wu's career thrived in the '90s. In just three years, he went from being a mid-level performance analyst in Washington to being a general manager for Allied Signal (now Honeywell) in Shanghai. The management job came with a mid-six-figure income, but it also required David, 45, to travel almost constantly, averaging 80 hours a month on planes. In 1995 David, his wife Elly, now 42, and their three children, Letitia, 14, Lawrence, 12, and Lennifer, 10, moved to China, hoping David would be able to spend more time with the family. But he wasn...