Word: downturn
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...Japan's euphoric economy began to take a downturn around 1992, prospects for recent college graduates also got tougher. Today's graduates face considerably higher standards and requirements in finding jobs in Japan, aside from teaching English. Still, at Harvard, many current East Asian Studies concentrators maintain that job availability is still high--although students have to hustle for jobs more fervently than before...
...victories of David Dinkins in New York City, Douglas Wilder in Virginia, and Jim Florio in New Jersey seemed to spell trouble for then-President Bush and the Republicans. Maybe so, but an economic downturn before the '92 election didn't hurt either. Additionally, Dinkins' and Wilder's wins led many to announce a fundamental shift in white voters' acceptance of African-American candidates. Unfortunately, no evidence of a national trend in this direction ever appeared and these two winners of yesterday now reside in 'Where are the now?' obscurity...
...wish I had more money to invest," said Helen Ginty, 60, a secretary in New York, asserting that she plans no change in her retirement investment strategy. "I don't think people are as crazy as they used to be" during a downturn...
...many analysts, the drop was notable because the Dow has now fallen 13.3 percent from its Aug. 6 record high of 8,259.31, its first downturn of at least 10 percent in seven years, the longest such streak since the 1960s...
...This is one of the things we've already looked into," she said. "If there's a sustained downturn in the market, this current model could be problematic...