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...measure. What some experts are zeroing in on is the first-ever drop-off in workplace participation by married mothers with a child less than 1 year old. That figure fell from 59% in 1997 to 53% in 2000. The drop may sound modest, but, says Howard Hayghe, an economist at the Bureau of Labor Statistics, "that's huge," and the figure was roughly the same in 2002. Significantly, the drop was mostly among women who were white, over 30 and well educated...

Author: /time Magazine | Title: The Case For Staying Home | 3/22/2004 | See Source »

...professional degrees--the very women who seemed destined to blast through the glass ceiling. Now 22% of them are home with their kids. A study by Catalyst found that 1 in 3 women with M.B.A.s are not working full-time (it's 1 in 20 for their male peers). Economist and author Sylvia Ann Hewlett, who teaches at Columbia University, says she sees a brain drain throughout the top 10% of the female labor force (those earning more than $55,000). "What we have discovered in looking at this group over the last five years," she says, "is that many...

Author: /time Magazine | Title: The Case For Staying Home | 3/22/2004 | See Source »

...hardly alone. Last month economist Hewlett convened a task force of leaders from 14 companies and four law firms, including Goldman Sachs and Pfizer, to discuss what she calls the hidden brain drain of women and minority professionals. "We are talking about how to create off-ramps and on-ramps, slow lanes and acceleration ramps" so that workers can more easily leave, slow down or re-enter the work force, she explains...

Author: /time Magazine | Title: The Case For Staying Home | 3/22/2004 | See Source »

...protracted court fight? The tough stance on Microsoft marks a rebound after some big setbacks in 2002, when the European Court of First Instance threw out three antitrust rulings in succession. Monti countered by reorganizing the competition directorate, bringing in a new chief of staff and chief economist and insisting on tougher internal scrutiny before issuing decisions. In the Microsoft case, a special peer review panel was set up to play devil's advocate, picking holes in the arguments, before Monti was satisfied he could win. Still, Microsoft is almost certain to file an appeal in the European courts, which...

Author: /time Magazine | Title: A Hard Line on Software | 3/21/2004 | See Source »

...measures, the $10 billion secondary market for live events is a model of inefficiency. "There's a great deal of time and energy wasted," says Princeton University economist Alan Krueger, who has studied ticket prices. But an upstart business, StubHub.com which was launched near the end of the Internet boom, may yet succeed in changing this landscape. The site is a NASDAQ for tickets, and unlike eBay, StubHub guarantees the transaction and thus a seat. Its home page directs you to concerts, sports or theater events, and after its program crunches the credit-card numbers and finalizes a trade...

Author: /time Magazine | Title: Entrepreneurs: Hot Ticket | 3/8/2004 | See Source »

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