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Word: joblessness (lookup in dictionary) (lookup stats)
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...Sydney recruiting office, and was enjoying teaching her class full of rowdy kids. But in one of Japan's highest-profile corporate collapses in years, Nova announced on Oct. 26 that it would shutter its classrooms, locking out some 300,000 students and leaving 4,000 foreign teachers jobless, threatened with eviction and rapidly running out of money. "I got kicked out from the apartment I was renting through Nova, and am living off my savings," Steele says. "The school lied to us, left us devastated...

Author: /time Magazine | Title: Class Struggle | 11/8/2007 | See Source »

...ruling party has snuffed out dissent, leaving Ben Ali unchallenged. Some Tunisians, along with Western diplomats, have begun to wonder whether repression and economic growth can continue to coexist, or whether tight government control might ultimately provoke a backlash as middle-class Tunisians demand more civil liberties, and as jobless youth seek outlets to vent their frustration - not least by joining radical Islamic organizations. "Tunisia is the one Arab country which could afford real political openness, but the system is completely closed," says a former World Bank economist with long experience of Tunisia. "They do not open up, because people...

Author: /time Magazine | Title: Tunisia: The Price of Prosperity | 10/31/2007 | See Source »

...about half what they would be in Europe or the U.S. At the same time, Tata has tapped the skills of Italy's Fiat, with which it has a joint venture in India, and of engine designers from Britain's West Midlands region, some of whom had been jobless after closures in Britain's auto industry over the past few years. Indian producers are relentless cost cutters. Many, including Tata, buy parts through Internet auctions to get the best price. Industry analysts speculate that the One-Lakh Car may revolutionize assembly, with some parts glued together rather than welded...

Author: /time Magazine | Title: Autopian Vision | 9/27/2007 | See Source »

...costs alone are about half what they would be in Europe or the U.S. At the same time Tata has tapped the skills of Italy's Fiat, with which it has a joint venture in India, and engine designers in Britain's West Midlands region, some of whom were jobless after closures in Britain's auto industry over the past few years. Indian producers are relentless cost-cutters. Many, including Tata, now buy parts through Internet auctions to get the best price. Industry analysts speculate that the one-lakh car may revolutionize assembly, with some parts glued together rather than...

Author: /time Magazine | Title: Autopian Vision | 8/16/2007 | See Source »

...boom in previous years, interest rates had hit an eye-watering 15%, analysts at Bank of America point out in a recent note. That's a long way off today's level. And unemployment neared 10% in 1991, triggering record numbers of home repossessions. With today's jobless rate at 5.4%, comfortably below the level in Europe's other major economies, the labor market offers a good deal more support...

Author: /time Magazine | Title: Is Britain's Economy Slowing Down? | 7/19/2007 | See Source »

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