Word: jobses
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The Republicans’ cynical delaying tactics are designed to force the Democrats into entering the mid-term elections of 2010 empty-handed. In doing so, the Republicans are assuring a legislative dead-lock at a time when our country desperately needs new ideas and approaches. It seems that substance...
Costas Avdelas, 51, who lost his job at Olympic Airways when the government privatized the airline last year, fears the struggling economy means he won't be able to find new work anytime soon. "In Greece, there are no jobs, so there's no economic crisis," he jokes. Avdelas is...
Young Greeks may be the most pessimistic about the future. Unemployment surged to 10.6% at the end of last year, according to the national statistics office, up from 7.8% a year earlier. Among young people specifically, the situation is even worse: 27.8% of 15-to-24-year-olds are now...
There's little doubt that tough times are ahead. Taxes will go up, and be enforced more vigilantly. Wages will be cut and jobs lost as the economy contracts. Many Greeks will also have to work longer than they had planned. But Greeks aren't strangers to hardship. Older people...
Tapping into the economic grievances of average Iranians may be the next phase of the Green Movement, which has so far been strongest among Iran's urban middle classes. As the regime struggles with a mountain of government debt, unemployment and social subsidies, opposition organizers are sensing an opportunity to...