Word: governmental
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Dates: during 2000-2009
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This method of calculating unemployment was pioneered by the head of the Massachusetts Bureau of Statistics of Labor in 1878, and it has its merits. It's simple. It's straightforward. And it provides a pretty accurate count of those who really, really want jobs. But it also misses millions...
Even these figures leave out people who say they want a job but haven't looked in the past year. Economist and gadfly John Williams, whose online newsletter Shadow Government Statistics has gained a big following lately, adds them in, makes a few tweaks and gets to 21.8% unemployment in...
First, the good news. Iraqi officials finally settled on a date for the country's second parliamentary election since Saddam Hussein was deposed in 2003, breaking a deadlock caused by months of sectarian disputes. But two days later, a series of car bombs in Baghdad killed at least 127 people...
A 13-year-old lawsuit over royalties owed to Native Americans for use of tribal lands has finally drawn to a tentative close. The U.S. announced it would pay $3.4 billion to settle claims that it underpaid beneficiaries and mismanaged revenue from land it holds in trust for more than...
Hopes that an election would put an end to Romania's political stalemate were dashed when center-right incumbent Traian Basescu won the Dec. 7 vote by less than 1%, leading his opponent, Mircea Geoana, to accuse him of "massive fraud" and push for a second vote. The E.U.'s...