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...incredibly important to the health of the labor market. Trade policy, corporate tax rates, the structure of health care - these things all have a real impact on economic growth. But Washington's tool kit doesn't work nearly as well in the short run. Right now companies aren't hiring for a very specific reason: there's not as much demand for their products and services. Callous as it may sound, high unemployment at the front end of an economic recovery is perfectly normal. (See TIME's special feature, "Out of Work in America...

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

...Growing Backlash Roads and bridges aren't enough to placate locals, whose tenacious attachment to their ancestral land is mystifying to Chinese schooled in the communist principle of state ownership. At Ganglau village, a collection of shacks fronting a bay teeming with dolphins and tuna, community elder Mou Bilang complains that most villagers haven't been compensated for the loss of land once used to plant cash crops, save a $125 "dust payment" issued as an apology for the dirt the project has kicked up. "The Chinese promised us free electricity, free water supply, free job training for our boys...

Author: /time Magazine | Title: The World of China Inc. | 12/7/2009 | See Source »

...Still, for all the controversy surrounding the influx of Chinese money in Africa, Latin America and Asia, the truth is that the vast majority of Chinese working abroad aren't going to go home rich. Driving up to the Ramu mine site, I stopped the car at an incongruous sight: against a backdrop of rain forest, a lone Chinese man perched on a piece of cardboard overseeing a crew of local workers struggling in the sun to sheath a pipeline with insulation tape. There was a feudal tinge to the scene, but the life of Chen Ming, the Sichuan-born...

Author: /time Magazine | Title: The World of China Inc. | 12/7/2009 | See Source »

...authors also tell bosses "the question you mustn't ask is 'What does your religion say?'" since answers to that will likely be subject to interpretation, and in any case aren't relevant to the work setting. Instead, the study recommends managers analyze how a request will affect objective professional considerations on a series of measures: security, hygiene, performance ability, organization and business interests, as well as the risk of religious employees engaging in proselytizing (or appearing to do so) through their expression of faith. If the impact is small, then a boss should agree to the request...

Author: /time Magazine | Title: The Islamic Divide at Work: Advice for French Bosses | 12/7/2009 | See Source »

...Israeli peace activists say that even the Western powers aren't paying enough attention to the ideological agenda of settler groups in Jerusalem, which has helped turn a difficult nationalistic conflict into an even more volatile religious conflict. In today's desperate atmosphere, any real or perceived damage done to the nearby Islamic holy places could help spark another Palestinian uprising. "In responsible hands, Jerusalem is a message of peace from Beirut to Baghdad," said Danny Seidemann, an Israeli lawyer who tracks East Jerusalem settlements. "But in irresponsible hands, it's a nuclear bomb that can send shock waves throughout...

Author: /time Magazine | Title: Jerusalem: A Growing Powder Keg in Mideast | 12/7/2009 | See Source »

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