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...than the rest of the country has. Jobs in the banking and insurance industries have fallen just 5% since the start of the recession. That's half a percentage point less than the 5.4% overall drop in nongovernment employment over the same time period, according to the Bureau of Labor Statistics (BLS). And it is far less than the pain experienced by workers in other sectors of the economy...

Author: /time Magazine | Title: Banking Jobs Holding Up Better than Most | 6/5/2009 | See Source »

...possible to glimpse the outlines of a Grand Deal among insurers, providers, business, labor and patients that would put most of its focus on lowering costs and establish a foundation for expanding coverage in years to come. The two key Senate committees expect to begin writing legislation this month, with the House also moving forward in coming weeks with what is expected to be a more liberal version. The Democrats' goal is for both chambers to pass their versions by the end of the summer, work out their differences in the fall and have a bill on Barack Obama...

Author: /time Magazine | Title: The Five Big Health-Care Dilemmas | 6/5/2009 | See Source »

...Voluntarism, for example, is a specific pro-social behavior that provides a good measure of altruism. In fact, volunteer work is one of the most practiced and important pro-social activities across the globe. Of adults in the U.S., 50 percent participate in volunteer activities, doing the amount of labor in a year of what would otherwise amount to 5 million full-time jobs. While there are many reasons to volunteer, evidence from recent research suggests that volunteering actually causes higher, sustained happiness levels in individuals, even when controlling for other factors...

Author: By James M. Wilsterman | Title: Happiness and Our Ethical Values | 6/3/2009 | See Source »

...According to Student Labor Action Movement member Alyssa M. Aguilera ’09, international students are especially disadvantaged, as many have work permits that restrict their ability to seek employment...

Author: By Evan T. R. Rosenman, CRIMSON STAFF WRITER | Title: Students Feel the Pinch | 6/3/2009 | See Source »

...four years I’ve been at Harvard, the Student Labor Action Movement has been one of the least popular groups on campus. To be sure, the group is dedicated to an admirable goal—higher wages for Harvard’s lowest-paid employees. But the dogmatism with which SLAM activists put forward their arguments has turned off many lefties who would otherwise be sympathetic to their cause. After all, SLAM has managed to alienate me, and I spent last summer working at a labor law firm whose head partner supports repealing the Reagan tax cuts...

Author: By Paras D. Bhayani | Title: Why I (sort of) Like SLAM | 6/3/2009 | See Source »

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