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...here's the catch: past studies by academics such as Meyer and Harvard's Lawrence Katz show that people are most likely to find a job just as their unemployment benefits run out. Many people use that thin cushion to wait until the last minute to act. They pass up lower-paying, less desirable jobs, or they avoid moving to take a job. Adds Davis: "Surveys show people are very pessimistic about this labor market and their job prospects, and they think it's not worth the effort to look. The generosity of benefits makes it easier to take that...

Author: /time Magazine | Title: A Limit to Compassion | 1/25/2010 | See Source »

...Harvard’s first curator of contemporary art since the museum established a department dedicated to contemporary art in 1997, Molesworth organized a number of noteworthy exhibitions, including this fall’s “ACT UP, New York: Activism, Art, and the AIDS Crisis...

Author: By Stephanie B. Garlock, CRIMSON STAFF WRITER | Title: Art Museum Hires Harvard Curator | 1/25/2010 | See Source »

...alcoholism in the '80s. She had summed up her two marriages by observing that "when I wanted to be a wife, Jimmy [Granger] would say, 'I just want you to be pretty.' And when I wanted to cook, Richard would say, 'Forget the cooking. You've been trained to act - so act!' " So act she kept doing, with skill and delicacy and diminished visibility...

Author: /time Magazine | Title: Jean Simmons: Portrait of a Complicated Lady | 1/24/2010 | See Source »

...teachers' unions really think through how can they be a partner in the process of reform. And when it comes to infrastructure, not only was it the biggest investment in infrastructure since the Eisenhower Interstate Highway System, but we actually introduced the infrastructure-bank concept in the Recovery Act...

Author: /time Magazine | Title: Q&A: Obama on His First Year in Office | 1/21/2010 | See Source »

...economic recovery. "While the authorities aim to contain property-price increases, they are highly mindful of the importance of stability in the sector, as it bears upon consumption and employment," Jing Ulrich, managing director of China equities for JPMorgan, wrote in a research note. It's a tricky balancing act. But it's a task the other countries still struggling to emerge from the global downturn would envy...

Author: /time Magazine | Title: Amid Recovery, China's Property Market Soars | 1/21/2010 | See Source »

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