Word: laborators
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...take jobs. In early December, the Labor Department's monthly report surprised on the upside - and brought lots of upbeat headlines - with employers reporting only 11,000 jobs lost and the unemployment rate dropping from 10.2% to 10%. A month later, the surprise was in the other direction - unemployment had held steady, but employers reported 85,000 fewer jobs. Suddenly the headlines were downbeat, and pundits were pontificating about the political implications of a stalled labor market. Chances are, the disparity between the two reports was mostly statistical noise. Those who read great meaning into either were deceiving themselves...
...says Jan Hatzius of Goldman Sachs. (The leading-indicators index topped a similar survey by the Chicago Tribune in 2005, it turns out.) The monthly employment estimate put out by payroll-service firm ADP got two demerits, mainly because it doesn't do a great job of predicting the Labor Department employment numbers that are released two days later. And consumer-sentiment indexes, which offer the tantalizing prospect of predicting future spending patterns but often function more like an echo chamber, got the thumbs-down from two more forecasters...
Although the U.N. should soon take the reigns of the relief mission, it can only accomplish its goals in Haiti if member nations continue providing their unwavering support in the form of money, supplies, and labor. The U.N. is as effective as the sum of its parts, its resolve only as robust as the commitment of its members. While the U.N. should be in charge of coordinating the resources and services, its success depends on the continued contributions of the international community...
What's wrong with the IPCC? To some degree, it's a victim of its own size. In a group as large as the IPCC, producing climate-assessment reports in excess of 1,000 pages - exclusively with voluntary labor - errors are going to be inevitable. Humans make mistakes and the IPCC has owned up to its error, says Richard Somerville, an atmospheric scientist at the Scripps Institution of Oceanography and a lead author on the 2007 IPCC report...
...Became Labor Minister under President Chandrika Kumaratunga, and later the Minister of Fisheries and Aquatic Resources...