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Employers and career experts see a growing problem in American society - an abundance of college graduates, many burdened with tuition-loan debt, heading into the work world with a degree that doesn't mean much anymore...

Author: /time Magazine | Title: The Job Market: Is a College Degree Worth Less? | 12/8/2009 | See Source »

...also misleading to imply that companies aren't hiring. They are - about 4 million workers a month. There is always a lot of churn in the American labor market and that doesn't stop during a recession. (We don't particularly feel the hiring right now because companies are letting workers go at a higher rate.) In a best-case scenario - if using tax dollars to subsidize corporate hiring works exactly as it should - we'd wind up paying for 4 million hires a month that we would have otherwise gotten for free...

Author: /time Magazine | Title: Can the Federal Government Really Create Jobs? | 12/8/2009 | See Source »

...Therein lies the irony of Obama's downsizing effort: he needs to ratchet up conflicts at first - by sending more troops to Afghanistan and perhaps pushing new sanctions against Iran - to gain the diplomatic muscle to cut deals that don't look like abject American defeats. It's a risky strategy, since there's no guarantee that the bigger sticks will work, and if they don't, pulling back will be even harder. But it's a gamble Obama may have to take. The harsh truth is that the U.S. is significantly weaker in the Middle East now than...

Author: /time Magazine | Title: Obama Shrinks the War on Terrorism | 12/7/2009 | See Source »

...security experts what violent extremist group costs them the most sleep at night and the answer might very well be al-Shabab. Though not as far-reaching or well-known as al-Qaeda, the Somalia-based al-Shabab is particularly troubling to American officials due to its active recruitment of U.S. citizens - particularly from the large Somali community in and around Minneapolis - to join its battle against Mogadishu's weak interim government. In October 2008, the first known American suicide bomber - a 26-year-old Somali-American fighting with al-Shabab - blew himself up in northern Somalia...

Author: /time Magazine | Title: Al-Shabab | 12/7/2009 | See Source »

...primary concern among American security officials is that al-Shabab fighters with American passports could one day return and carry out terrorist acts within the United States. There is no evidence of any such plot to date, though the group has apparently expanded beyond its Somali base. In August, four Australian men with alleged al-Shabab connections were arrested and charged with plotting a gun attack on a military barracks near Sydney. The group has made clear that it views the United States as a potential adversary. After al-Shabab was added to America's list of terrorist nations...

Author: /time Magazine | Title: Al-Shabab | 12/7/2009 | See Source »

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