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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...
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...
...study, published Thursday in Science. "But we are also kind of emotional and we do a lot of things without full conscious awareness. What this research suggests is that although our minds are in the right places, and we may truly believe we are not prejudiced, our hearts aren't quite there...
University officials seem to suspect that outsiders were involved with the fight, which makes sense since Princeton kids aren't that good at all things physical. But Associate Dean of Undergraduate Students Thomas Dunne assured the campus that the altercation was a "rare occurrence" that was "an abberation and not the norm at social events sponsored by student organizations...