Word: economices
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Overhanging the economic outlook is the dark cloud of jobs. With unemployment at 9.7%, underemployment (which includes those working part-time and those who have given up looking for work) at 16.8% and consumer confidence taking an unexpected 10-point drop in February, Americans are still feverishly chasing bargains. Gus...
Ellen Davis, a vice president at the National Retail Federation, says she started noticing a pickup in retail sales in January but believes economic indicators such as unemployment and the health of the stock market will play a major role in spending habits as the year progresses. "Jobs really is...
Kopp said that while economic background no longer determines educational background for some students, the challenge is making that true on a system-wide level.
So far, the intensity of the violence doesn't yet rival the worst of the riots that racked Greece in December 2008, when the fatal police shooting of a 15-year-old boy sparked weeks of street protests and vandalism. But since the government announced the second round of austerity...
And the public mood promises to sour even further. Most of the austerity measures haven't even been implemented yet. The VAT increase goes into effect on March 15, and civil servants will see their upcoming Easter bonuses - equal to half a month's salary - slashed by 30%. Greeks are...