Word: labors
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Dates: during 2000-2009
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Rhode Island's unemployment rate is at 8.8%, the highest in the country and well above the national average of 6.1%, according to the most recent data available from the Bureau of Labor and Statistics. But Rhode Island's situation is hardly unique as the effects of the nation's economic downturn gather pace amid the ongoing financial turmoil. Twenty-one states have unemployment rates above the national average, with Michigan and Minnesota showing rates near Rhode Island's to make up the top three. Unemployment figures are certain to rise when the bureau releases its next set of figures...
...Chinese manufacturers are particularly vulnerable to a recession right now because of higher labor and commodities costs and because of the simple fact that China's boom resulted in the creation of far more factories than global demand could possibly support in a cyclical downturn. A shakeout is unavoidable, and it is being made worse by the worldwide credit crunch. Nervous banks, Lau says, have reduced the credit lines of many small manufacturers by up to 50%, starving them of operating funds. Letters of credit, which facilitate the shipment of exports, were once automatically accepted by banks in Hong Kong...
Recession and divorce, it is said, go together like carriage and horse. Those who labor in Splitsville have several explanations for why that might be. There's the lawyer theory, that money provides the soft fatty tissue that insulates the marital skeleton; once it's cut back and people get a good look at the guts of their relationship, they want out. And there's the marriage-counselor theory, that couples who were never quite on the same page in the checkbook finally get pushed off the ledger by endless bickering over their dwindling resources. And the therapist theory, that...
RealtyTrac has about 150 contractors on the ground, collecting data in 2,200 counties, which cover some 90% of households, and the process is just as labor-intensive on the back end. Around 10% of records get tossed each month because the firm's data crunchers can't confirm the addresses. "I chuckle every time I see a new company pop up to provide the definitive answer to how many foreclosures there are," says senior vice president Rick Sharga. "There's as much art to this as science...
...Sociologists say Ireland's linguistic renaissance and the nation?s spike in immigration are both triggered in part by the 'Celtic Tiger' - the growth phenomenon that has seen the Irish economy mushroom by over 150% since 1995. Years of EU infrastructural and educational support and a young and cheap labor force made Ireland a fertile ground for foreign investment in the domestic IT sector, among other industries, and the result has seen the average annual family income double to $93,000 in the past 10 years. Nic Ghiolla Phádraig says this new prosperity brought a sense of pride...