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...Friday's jobless number from the Labor Department will quickly become a political football. The Labor Department reported that the widely watched unemployment rate rose to 10.2%, the highest rate since April 1983, as nonfarm payrolls declined by 191,000 in October, down from a revised loss of 219,000 jobs in September. (See photos of Cleveland's struggles...

Author: /time Magazine | Title: Unemployment Rises to 10.2%, Stoking the Economic Debate | 11/6/2009 | See Source »

...surprisingly powerful economic turnaround will start producing real job growth by next spring, and the declining pace of job losses backs that hope up. "With the economy growing again, things should feel more solid by spring, and that should start working to our advantage," says a senior Treasury official. Friday's report offers some comfort on that front, in that the monthly job-loss number continues to trend downward, and also because the 10.2% jobless rate gives the Federal Reserve little reason to begin raising interest rates anytime soon, which augurs well for economic improvement...

Author: /time Magazine | Title: Unemployment Rises to 10.2%, Stoking the Economic Debate | 11/6/2009 | See Source »

Imagine for a moment that on the lonely Friday night depicted in the Strokes’ 2003 single “12:51,” frontman Julian Casablancas decided to hit up a dance club rather than crash the drunken house party mentioned in the lyrics. The result would sound something like “11th Dimension,” the first single from Casablancas’ premiere solo album “Phrazes For the Young.” Featuring a bubbling electronic beat layered with disco sheen and synths torn from the Human League?...

Author: By Zachary N. Bernstein, CONTRIBUTING WRITER | Title: Julian Casblancas | 11/6/2009 | See Source »

Right now, the players in the Quincy dorm room are upper teens, lower twenties, still in school (other than Nathaniel) still answering calls from their parents on Friday nights (Alessandro’s mom called in the middle of the second session), and are still young in many respects...

Author: By Elyssa A. L. Spitzer, CRIMSON STAFF WRITER | Title: Welcome to the Dungeon | 11/5/2009 | See Source »

...Clinton who brought together Petraeus and Holbrooke ("my two alpha males," she calls them) for the first time - at her home in Washington on the Friday before the Obama Inauguration. The affection and respect she gained for the military while serving in the Senate has helped make the relationship between State and the Pentagon less fraught than usual - although Defense Secretary Gates' insistence on the need for bigger State Department budgets hasn't hurt. In fact, relations with the Pentagon have gone smoother, at times, than Clinton's relationship with the White House staff. Clinton was particularly irritated...

Author: /time Magazine | Title: The State of Hillary: A Mixed Record on the Job | 11/5/2009 | See Source »

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