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...late morning, though, stocks were slumping. Commentators began to focus on concerns with the numbers. By the following Monday, Federal Reserve Chairman Ben Bernanke was warning that "we still have some way to go before we can be assured that the recovery will be self-sustaining...

Author: /time Magazine | Title: The Real Jobless Rate | 12/21/2009 | See Source »

...entry of women into the workforce, the ratio trended upward from the 1960s through the 1990s. If you look just at men ages 25 to 54, the picture is much more dire. Their employment-to-population ratio of 80.6% in November is the lowest since the BLS began keeping track in 1948. It's 4 percentage points lower than it was in the depths of the early-1980s downturn...

Author: /time Magazine | Title: The Real Jobless Rate | 12/21/2009 | See Source »

Even 5-year-olds know that when counting anything--toes, fingers or years--we begin with one, not zero. The first decade of this millennium began with the year 2001, and the last year of the first decade of this millennium will be next year, 2010. The millennium began with the year 2001. Why is this so difficult for adults to grasp...

Author: /time Magazine | Title: Inbox | 12/21/2009 | See Source »

...When I began the piece, I was well aware of the great when-does-the-decade-begin controversy, which I remembered from the days of Y2K. Back then, most folks seemed to consider the past decade over on Dec. 31, 1999, so it made sense to me to use that benchmark for this decade as well. The editors here agreed with me. Given the name of the magazine, don't they deserve a little license...

Author: /time Magazine | Title: Inbox | 12/21/2009 | See Source »

...Montazeri's transformation is a microcosm of Iran's revolutionary experience, and the evolving split among the clerics. "Montazeri began as a radical and a principle architect of the system of government that placed so much power in the hands of the Supreme Leader," said Shaul Bakhash, author of The Reign of the Ayatollahs. In the 1980s, he was also patron of the World Islamic Movement, a group committed to exporting Iran's revolution. His son Mohammad trained with the PLO in Lebanon...

Author: /time Magazine | Title: Iran's Opposition Loses a Mentor But Gains a Martyr | 12/21/2009 | See Source »

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