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...weeks, plus part-time workers who would rather be working full time - was dubbed U-6 unemployment. During this recession, it has gotten far more attention than ever before. U-6 unemployment was at 17.2% in November, down from 17.5% the month before and up from 8.4% two years ago. These figures aren't strictly comparable with those from before 1994, but the New York Times has taken a stab at recalculating the earlier numbers - with help from the BLS - and estimates that U-6 unemployment peaked in December 1982 at 17.1%. Meaning this recession is worse. (See the best...
Such measures still rely on people's own assessment of whether they want to work. A BLS study a decade ago found that these self-assessments aren't all that reliable. So how about the simplest possible job-market measure, the employment-to-population ratio? Among Americans ages 25 to 54, it was at 75.1% in November, down from 80.3% in early 2007 and - with the exception of October's 75% - the lowest it's been since 1984. Because of the entry of women into the workforce, the ratio trended upward from the 1960s through the 1990s. If you look...
Though Iran's presidential election was settled almost six months ago, demonstrations against its controversial outcome continue. On Dec. 7, Iran's National Student Day, thousands of university students, who dominate the antigovernment movement, flooded Tehran to rally against the disputed re-election of President Mahmoud Ahmadinejad. The two days of marches--the largest in months--resulted in more than 200 arrests and a threat from Iranian prosecutors to take stronger action against protesters...
...best toys transcend, their survival a testament to their purpose and power. The Babylonians played board games; the ancient Greeks had yo-yos. The Chinese were flying kites 3,000 years ago. Crayola crayons were first produced in 1903. In 1916, Frank Lloyd Wright's son John, inspired by the way his father had built an earthquake-resistant hotel in Tokyo, invented Lincoln Logs. And many great toys are accidents or improvisations, a serenade by kids whose first drum set is a wooden spoon and a tin pot. Play-Doh was invented as a wallpaper cleaner. In 1943 a Navy...
...long as you can still hear and see, you'll never run out of stories. I ran into an ancient cousin of mine a week ago, and she told me something I'd never heard before. My grandfather Keillor died before I was born, and she told me that every night, he lifted my grandmother into his arms--he's a farmer, a big woodworking guy--and carried her upstairs into bed. He had a big mustache and beautiful singing voice. From that, you could come up with a whole year's worth of stories almost...