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...Contrary to the common assumption that the stress of dealing with a recession is bad for your health, studies of population trends in developed economies have revealed that during economic downturns, mortality rates decline rather than increase. This trend is partly the result of a drop in traffic fatalities - perhaps because rising unemployment means fewer people commute to work or because people are trying to save on gas - but also of less easily explained drops in factors such as cardiovascular and liver disease, influenza and pneumonia. In one groundbreaking study in 2000 on the impact of joblessness, for example, Christopher...

Author: /time Magazine | Title: Could the Recession Be Good for Your Health? | 8/31/2009 | See Source »

...convincing enough to spur large policy changes. The Lancet study, for example, found that investment in active labor-market programs like welfare-to-work reduces the effect of unemployment on suicide rates. This link is displayed in Scandinavian countries with strong welfare programs. Finland, for example, saw suicide rates drop steadily between 1990 and 1993 despite a 13% rise in unemployment. Sweden saw a drop in suicides during a recession in 1992. "What we found was that when spending on active labor-market programs exceeded $190 per head per year, rises in unemployment had no adverse effect on suicide rates...

Author: /time Magazine | Title: Could the Recession Be Good for Your Health? | 8/31/2009 | See Source »

Toyota's longstanding commitment to stable employment is being challenged by heavy losses the company has sustained over the past 15 months. It lost $7 billion during its last fiscal year, and more red ink is flowing this year. And the recession and the drop in auto sales in the U.S. saddled Toyota with excess capacity in the U.S., leaving it little choice but to cut production, says David Cole of the Center for Automotive Research in Ann Arbor, Mich. (Read "GM and Germany Still Wrangling Over Opel...

Author: /time Magazine | Title: Last Auto Plant in California Shut by Toyota | 8/28/2009 | See Source »

...make some noise, but that's it," he says. "They understand Ma's in big trouble." Beijing, whose goal is eventual unification with the island, is wary of the DPP, which leans towards independence for Taiwan, and would certainly like to see Ma re-elected in 2012. Ma's drop in popularity is probably more of a concern to China than the Dalai Lama's visit is. (See pictures of Taiwan's typhoon terror...

Author: /time Magazine | Title: Why Taiwan's President Allowed the Dalai Lama Visit | 8/28/2009 | See Source »

...seats in the House of Representatives election. A win of 320 seats would give the party a two-thirds majority and the power to pass bills without the support of other parties or even the upper house. Meanwhile, the ruling LDP party is slated to drop to about 100 seats, according to the daily Asahi Shimbun- an anemic one-third of what it held before Prime Minister Taro Aso dissolved the lower house and called elections in July. The expected reshuffle points to the DPJ's strength not only in cities, but also in rural areas that were long considered...

Author: /time Magazine | Title: Japan Gets Ready for Big Elections — And Big Change | 8/28/2009 | See Source »

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