Word: dropping
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...container, typically finished goods, remains troublingly cheap, a sign that consumer products are still not flowing between continents. The price for a 20-foot equivalent unit (TEU) container on an East Asia-to-Europe voyage is reportedly currently maxing out at a paltry $500. Though the pace of the drop in rates has slowed, there are signs that charter prices have still not bottomed out, having dipped below the record lows of the 2002 stock-market crunch. According to London ship broker Clarkson, a 3,500-TEU gearless Panamax vessel - the largest vessel that can go through the Panama Canal...
...heart of the nation's economic woes have been hurt less in the downturn than the rest of the country has. Jobs in the banking and insurance industries have fallen just 5% since the start of the recession. That's half a percentage point less than the 5.4% overall drop in nongovernment employment over the same time period, according to the Bureau of Labor Statistics (BLS). And it is far less than the pain experienced by workers in other sectors of the economy...
...remain in a dismal financial landscape, but also to take advantage of investment opportunities that may emerge as the storm calms in coming years.With only a month to go until the end of the fiscal year, Mendillo says she is quite certain that the projection of a 30 percent drop in the endowment, originally formulated in October, will hold. But despite the drop, she says she is confident that her team will find ways to use the crisis to Harvard’s advantage.“The time period in which we’re going to see improvement...
...professors on the committee vested with implementing the College’s first curricular overhaul in 30 years, science professor John Huth does not take his obligations lightly. One morning this spring, he had to drop his daughter off at school, take his car to the mechanic, bike to his office, and change into a dress shirt there, all by 8:30 a.m.—to make it to a General Education committee meeting, where he would help hammer out course proposals for an hour and a half. It’s behind-the-scenes labors like these that...
...Kennedy School graduates who plan to enter the private sector is not yet available, Ellwood said. According to Rotberg, more Kennedy School students this year are turning to the public sector due to the economy. Last year, 35 percent of HKS graduates entered the private sector, a drop from the 41 percent that joined the private sector in 2007. According to Ellwood, many Kennedy School students enter the private sector due to large salary differences, doubts about future opportunities within the public sector, and ineffective government recruiting. For example, private companies extend job offers far more speedily than the federal...