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...country had heard him speak once, and it was at the 2004 Democratic Convention. So when he went to a meet and greet with voters, people expected to hear the convention speech. That took a little getting used to. During the primary season, at one of the labor cattle calls in D.C., he was the last [of nine candidates] to speak. There are about eight things that you're going to say to this group, and they've all now been said. I remember he was down after that because he just couldn't understand why it had gone...

Author: /time Magazine | Title: In Their Words | 11/5/2008 | See Source »

...Kennedy by 1981 had nearly 20 years of seniority in the Senate, and he had an ideal foil in Ronald Reagan. Clinton, on the other hand, is a relatively junior Senator and ranks no higher than fifth in seniority on any of her committees. On Health, Education, Labor and Pensions, the panel that oversees the issue about which she has the most expertise and passion - health care - she ranks eighth. The chairman, Kennedy, has brain cancer but vows to play the lead role himself...

Author: /time Magazine | Title: The Once and Future Hillary Clinton | 11/5/2008 | See Source »

...sounds a similarly somber tone. It suggests that the downturn is still in its incipient phase, and that job losses could surpass 2 million in 2009, with unemployment climbing to 8%. "As the economy slides into a deeper recession, it appears we are closer to the beginning of the labor market downturn than the end," wrote the study's co-author, economist Ed McKelvey. "We anticipate a sharper decline in employment in coming months." Reich also quotes 8% as a likely unemployment figure, though he notes that figure excludes job seekers who have given up searching altogether and part-time...

Author: /time Magazine | Title: Corporate Layoffs: The Worst is Yet to Come | 11/4/2008 | See Source »

...Goldman report suggests that over the next year, "lagging" sectors of the economy - like construction, manufacturing, financial services and retail - are likely to incur many of the coming losses. According to the Bureau of Labor Statistics, some of these sectors already have seen deep cuts of late. Reich says all industries that rely on discretionary spending are at risk, while regions where at-risk industries once thrived could be battered. Dwindling housing and construction markets could cripple the Sun Belt; hospitality-heavy regions like Florida could suffer from a lack of tourist spending; and auto-manufacturing states like Michigan should...

Author: /time Magazine | Title: Corporate Layoffs: The Worst is Yet to Come | 11/4/2008 | See Source »

...recent years, exit pollsters have received better training to help them stick to the random selection. This is not easy to do with a large labor force that works for you only one day a year. But it may also help that exit pollsters now include some older people - which may entice more older voters to participate...

Author: /time Magazine | Title: The Exit Polls: A Better Record This Time | 11/4/2008 | See Source »

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