Word: joblessness
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Dates: during 2000-2009
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...Soon, he acknowledged, he may have to join the exodus out of Guangdong province of migrant workers, now jobless, who are headed back to their hometowns in less-prosperous parts of the country. This exodus - the reversal of more than two decades of migration from poor rural areas to faster-growing, coastal cities - is most visible at the Guangzhou train station, where hundreds of migrants, all bearing suitcases and shopping bags crammed with their worldly belongings, sit outside for hours waiting to board trains home. On Nov. 26, Zhang De Jun, 35, was one of them. For 10 years...
Pink (as in slips) is the new brown. This fall a number of economists began predicting that unemployment would rise to 8% during this recession, up from a reading of 6.5% in October. It would be the highest jobless rate in years. But put into historical perspective, that forecast isn't too bad. A quarter of all adults were out of work during the Great Depression. More recently, unemployment reached 7.8% in the early 1990s, and climbed all the way to 11% in the beginning of the 1980s. We recovered from both of those recessions looking quite sprightly. But beyond...
...Unlike other economists, Lam looks beyond the total jobless number to something called employment flow, which tracks the numbers of people moving from the ranks of those receiving a regular paycheck to those who aren't and vice versa. What Lam has found is disturbing. Currently, people out of work have just a 22% chance of landing a new job within the next month. That already makes this a worse market for job seekers than at any time during the downturns of the early 2000s or 1990s, which is as far back as Lam's data goes. And remember...
...Wherever my boyfriend is. We’re in a very committed relationship. His name is Thesis. 2) Wherever you find The Seneca Your best pick up line: My great uncle founded Goldman AND McKinsey. NOTA EXTREMELY BENE: he didn’t. It was a joke. Back off, jobless and eligible (or willing to be eligible to not be jobless) bachelors... Best or worst lie you’ve ever told: I’m too old for this Something you’ve always wanted to tell someone: I’M VOTING FOR ANDREA FLORES...
...Democratic administration that “spreads the wealth around?” That is, even if the top four economic quintiles, say, are made better off over the next few years, can those gains reach down into the few American communities that are deeply poor, dangerous, ill-educated, jobless, and isolated...