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Strully also found that blue-collar workers were harder hit by job loss, both physically and mentally. After losing their job, whether they were fired, laid off or left voluntarily, blue-collar workers were twice as likely to report being in fair or poor health as white-collar workers, among whom Strully found no such change in health. While the current study does not investigate the reasons for that disparity, Strully believes it may have something to do with the smaller financial buffer that blue-collar employees tend to have to cushion them from a sudden loss of income...

Author: /time Magazine | Title: Losing Your Job: A Blow to Your Health Too | 5/10/2009 | See Source »

...women’s golf team, the weeks leading up to the end of the semester period are no different. With especially full schedules after missing school during their recent victory at the Ivy League Championships, the Harvard female golfers found time to practice a bit harder to come by recently than they probably would have liked. The busy academic workload and limited practice time caught up to the team this past weekend, as the Crimson placed 19th out of a 21-team field at the NCAA Central Regional Championship in Columbus, Ohio, matching its performance from a year...

Author: By Thomas D. Hutchison, CRIMSON STAFF WRITER | Title: Harvard Claims 19th at Regionals | 5/10/2009 | See Source »

...section could use improvement. He found the question generator very helpful in keeping his practice tailored toward his weaknesses. The one potential drawback? The lack of practice for the essay: “That might be the only setback that there is right now, because it’s harder to grade an essay than a multiple choice section with an obvious answer,” he says.Kendall adds that INeedAPencil.com also helped him with his college search. “From the Web site I see that my scores fit in the areas of applicants that applied to some...

Author: By H. Zane B. Wruble, CRIMSON STAFF WRITER | Title: Prepping for the Big Leagues | 5/7/2009 | See Source »

...Consumers have lost access to credit. The fact that mortgage rates have dropped does not even begin to offset that. Qualifying for a mortgage is harder than ever. Banks have reason to be cautious. One of the large credit bureaus just released a report that says 4.7% of payments for bank-issued credit cards were late sixty days or more in March, an increase of 38% over the same month last year. According to Reuters, "In March, lenders closed 20 million card accounts, sending the total down by 58 million since the peak in July 2008 to 380 million." Banks...

Author: /time Magazine | Title: Despite Signs to the Contrary, Real Estate Will Get Worse | 5/5/2009 | See Source »

...Chrysler bankruptcy makes a bankruptcy at GM harder because the American consumer may only be able to deal with the Chapter 11 of one of its auto companies, particularly the one that is the smallest of the three. But the consumer will almost certainly be forced psychologically, if GM fails as well, to purchase automobiles only from companies which are viewed as financially stable. That means that foreign car companies will have an even greater advantage than they do now. Chrysler lost 48% of its sales in April compared with the same month as last year. Domestic sales dropped...

Author: /time Magazine | Title: Chrysler Makes a GM Bankruptcy Harder | 5/4/2009 | See Source »

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