Word: employments
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...always ready for a raucous laugh with her young charges. Hired in 1993, Legge-Bourke had a famously chilly relationship with Diana; she turned to lawyers after Diana allegedly made a nasty sotto voce comment about her at a St. James's Palace Christmas party. She left Charles' employ last spring but was still close to the princes, visiting them on weekends at Highgrove and attending an Eton end-of-term celebration last June at William's invitation...
...with corporate America to hire welfare recipients. This week he takes his case to St Louis to meet with leaders of many of the more than 500 companies--from Boeing to Anheuser-Busch--that belong to the Welfare to Work Partnership, organized by the White House in May to employ people on public assistance. "There are jobs open in every city and community in this nation," says Eli Segal, who heads the corporate partnership. "Our task is to prepare welfare recipients to fill them...
...Mormons are stewards of a different stripe. Their charitable spending and temple building are prodigious. But where other churches spend most of what they receive in a given year, the Latter-day Saints employ vast amounts of money in investments that TIME estimates to be at least $6 billion strong. Even more unusual, most of this money is not in bonds or stock in other peoples' companies but is invested directly in church-owned, for-profit concerns, the largest of which are in agribusiness, media, insurance, travel and real estate. Deseret Management Corp., the company through which the church holds...
...blighted streets of Shenyang's Tiexi district industrial zone tell the troubling tale of China's ailing state sector. White-elephant plants like these all over northeast China account for less than half of the total economy but still employ two-thirds of the labor force. Beijing insists the national unemployment rate is only 3%, but no one believes that. In Shenyang some guess the real rate is closer to 20%. "China has 1,000 terms for unemployment," notes a Western diplomat. Most of the jobless are said to be "waiting for a new post" or "awaiting retirement" or "relocated...
Because of strong family ties in Shenyang, most of the jobless have not joined the floating population of migrants, now at least 100 million strong, who drift around China searching for work. So the city has permitted a handful of carefully controlled labor markets to help employ a few thousand of the laid off. At a grubby park in Tiexi, the city lets job seekers "advertise" their skills for a few cents. At a stranger's approach, they point eagerly at hand-lettered signs identifying them as would-be cooks, maids, nannies, hotel clerks, laborers. But at least half...