Word: arens
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Dates: during 2000-2009
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...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 business deals...
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...
...rank-and-file members to deliver a final settlement. Now, Nigeria's notoriously corrupt bureaucrats are in charge of the peace process, and one rebel leader says that many are reverting to type. "They offered me an oil field to call off my boys," says the leader. "These guys aren't sincere. All they care about is getting oil production back up. They think they can just buy us off." (Read "'Nigeria's Taliban': How Big a Threat...
...Analysts are not so sure. "People are furious right now, but I'd be very surprised if this had any significant impact on Eurostar's position in the longer term," says Joe Gill, an aviation industry analyst for the Dublin brokerage firm Bloxham. He notes that airlines aren't exactly popular with travelers these days either. Indeed, only days ago, a planned strike by cabin crew at British Airways threatened to leave up to 1 million passengers stranded during the entire holiday season - until a judge blocked the industrial action. "Had this been a terrible crash or something, it might...
Wang is one of a group of Peking University professors who this week urged the government's top lawmaking body, the standing committee of the National People's Congress, to draft changes to demolition rules. They say the rules aren't in accordance with other property rights protections that have been enacted since 2001. Because of clashing interests, property rights have yet to be fully recognized in the demolition and relocation rules, Wang says. "Rapid urbanization across the country pumps up the demand for property, and therefore has made it harder to pass a bill that might thwart land acquisition...