Word: household
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Dates: during 2000-2009
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Like most multinational corporations, Unilever, the Anglo-Dutch household-products giant, is feeling the sting of the global recession. But at least one part of Unilever's empire is doing fine. Several years ago, the company launched a corporate-social-responsibility (CSR) program, in which it hired thousands of Indian women to sell the company's soaps, detergents and other items in their home villages, most of them too small and remote to rate a visit from a Unilever sales representative. The program, called Shakti (Energy), was meant to aid some of the company's poorest customers...
Around the Ivy League track and field circuit, Becky Christensen has been a household name for a while now. For the second straight year, it appears that the entire country has taken notice of the Harvard co-captain as well. This weekend, Christensen returned to her home state of Texas to compete in the NCAA Indoor Track and Field Championships for the second year in a row. In a high jump event that featured some of the best athletes in the country, the standout Crimson athlete finished fifth overall and garnered back-to-back All-American Indoor honors after clearing...
...important announcements were largely unnoticed. The first was that several measurements of unemployment worsened, approaching levels not seen since the early 1980's. Also obscured by the elation was the important disclosure that the average American household lost 18% of its net worth last year. Since that process has obviously continued in the first two months of this year, that number could be close to 25%. At its core, the information is a considerable warning that the ability of Americans to become consumers again is still severely compromised. It is another clear sign that the balance sheets of large financial...
...Burchell's conclusions, which he presented at the conference "Credit Crunch: Gender Equality in Hard Times," have been drawn from his study of about 300 British workers as well as various European workforce studies and the British Household Survey of approximately 5,000 people, which has charted the effects of social and economic change on mental health since 1991. Both Burchell's study and the British Household Survey used a 12-item questionnaire - called the GHQ 12 - that is designed to measure symptoms of stress and anxiety with questions like "Have you recently been thinking of yourself as a worthless...
...statistics speak for themselves: according to the National Bureau of Economic Research, in 2006, only 7 percent of people living in households headed by a married individual were poor, while households with an unmarried leader (83 percent of whom were female) boasted poverty rates of 40.3 percent. The authors of the NBER’s June 2006 digest further concluded that changes in household structure—namely, the increase in female-headed families—were largely to blame for the rise in domestic poverty rates since the 1980s. Due to the myths perpetuated...