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This method of calculating unemployment was pioneered by the head of the Massachusetts Bureau of Statistics of Labor in 1878, and it has its merits. It's simple. It's straightforward. And it provides a pretty accurate count of those who really, really want jobs. But it also misses millions of people who may not be actively looking for a job but would happily take one if offered. Those ranks surely swell in a deep recession or during a time of economic turmoil that destroys entire job categories (like autoworker). The government's statisticians are aware of this, and since...

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

Destabilizing is right on one count. Yemen is already reeling under the converging crises of lawlessness, growing poverty, a water crisis, a looming al-Qaeda threat, a southern separatist movement, and oil reserves that are quickly running dry. Indeed, analysts cite this multiplicity of factors as presaging Yemen as a failed state. "I think the major challenge for Yemen is really economic development," Yemeni Foreign Minister Abubaker Abdullah Al-Qirbi told TIME. "It could be a failed state in some aspects, certainly, if it doesn't get the support it needs...

Author: /time Magazine | Title: Yemen's Hidden War: Is Iran Causing Trouble? | 12/18/2009 | See Source »

Back in the mid-1990s, when astronomers were just beginning to find new planets around distant stars, nearly every new discovery got front-page headlines. Today, with the extrasolar-planet count up to about 400, it takes something extraordinary to make news...

Author: /time Magazine | Title: Super-Earth: Astronomers Find a Watery New Planet | 12/16/2009 | See Source »

...rooms, which start at about $300. The Spectacular Rooms come with their own private cabanas, linked to the room via a pebble path, and there are several categories of suite, with the superstylish, 170 sq m Extreme Wow Suite topping the list. Mood lighting, iPod-docking stations, 350-thread-count linens and Bliss amenities come as standard...

Author: /time Magazine | Title: Young Turk: W Istanbul Hotel | 12/16/2009 | See Source »

...between eating only meat and fat (sometimes in trimmings bought directly from the butcher) on the Inuit diet, or skim milk and bananas on Dr. George Harrop's aptly named bananas-and-skim-milk diet. As late as the 1960s, Dr. Herman Taller was touting the Calories Don't Count diet, which held that the quantity of food consumed was unimportant provided that you chased it with vegetable...

Author: /time Magazine | Title: Fad Diets | 12/15/2009 | See Source »

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