Word: hires
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Dates: during 1990-1999
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...issues, investment bankers earned $900 million in the first half of 1991, compared with $540 million in the same period a year earlier. And after dismissing nearly 70,000 employees since 1987, or more than 20% of Wall Street's total work force, some firms have gingerly begun to hire again. Goldman, Sachs has added 44 new associates to work on mergers and other deals. The firm also opened a Frankfurt office for international deals. Declares Alain Lebec, a managing partner and co-director of mergers and acquisitions for Merrill Lynch: "Things are better across the board. Our clients...
Every year, Harvard shells out thousands of dollars to hire an army of proctors to watch us take tests. In September, dozens of upperclassmen are signed on to monitor first-year placement tests. In January and May, hordes of graduate students, extension school students and non-affiliates invade the Yard to watch all 6500 undergrads sweat through final exams...
This fall, however, battling and bickering are back in style. In CBS's Teech, a black music teacher gets hired at a snooty white boarding school, providing the occasion for a predictable batch of racial wisecracks. ("I am only reluctantly conforming to federal guidelines," sniffs the headmaster to his token hire. "Shoeshine?" offers the teacher.) NBC's Pacific Station pairs a hard-boiled police detective (Robert Guillaume) with a flaky new partner (Richard Libertini), who brews herb tea and spouts New Age psychobabble. Only the two stars' professionalism keeps this from being a match made in hell...
...near an end, but the Kendalls and millions of other U.S. layoff victims could find it difficult, if not impossible, to find new jobs. Squeezed by foreign competition and the vast debt load that companies assumed in the 1980s, American firms can no longer afford to hire back workers anywhere near as briskly as they have done after past recessions. Quite the contrary: as banks, retailers, computer makers, defense contractors and other firms from Boston to Burbank slash their payrolls in the face of falling profits, experts say nearly half the 1.6 million jobs the economy has lost in just...
...fact, Maruca said, in the future he may have to modify his invitation, since the registrar's office has had to hire people to stuff all the extra material into the envelopes...