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...even if banks were to open the taps, there are growing questions about whether that could buck other worrying trends. On Wednesday, Britain announced its unemployment rate had jumped half a point to 5.7% - its highest in eight years. Last month the government acknowledged that France lost 40,000 jobs in August despite predictions of a net gain. Unemployment data and generally sagging company results, observers say, reinforce the view that Europe has already entered a recession...
...inflation, soaring unemployment and a new tax to pay for the financial crisis bailout, and it's little wonder Ireland's workers are again pondering a move abroad. Dublin's Economic and Social Research Institute, a think tank, forecasts a net migratory outflow of 30,000 in 2009, the highest rate for 20 years. The stalled economy, McLarnon says, has "created a sense of urgency...
...estate bubble sent several major developers into bankruptcy, and halted new home construction across the country. The number of houses built in 2008 is expected to fall by 70% from 2007. That's also fueling unemployment, which jumped by almost a third in September to reach 11.3%, Spain's highest rate since...
...OUTStudents applying to the QuestBridge National College Match Program rank up to eight colleges and submit an application by Sept. 30, months before normal deadlines. The majority of applicants are from households with incomes of less than $60,000.When students get their decisions, they are required to attend the highest-ranked school that admits them, with the exception of a few schools that are non-binding.Each student accepted this way receives a full scholarship. If they don’t gain admission in the early round, their applications are put through the regular decision process.Colleges participating in the program include Princeton...
...hate math!” This cultural malaise remains specifically an American problem. According to a study published in the Notices of the American Mathematical Society, the United States is failing to develop the math skills of both girls and boys, particularly among those who could shine at the highest levels. Eastern Europe and Asia, on the other hand, place higher emphasis on rewarding mathematical skills, creating cultures that value progress and achievement in math far more than we do in the United States. Requiring that students merely perform just well enough to make the grade provides little motive...