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While overall unemployment dropped from 9.5% in June to 9.4% in July, the number of long-term unemployed (those jobless for 27 weeks or more) increased to 4.9 million, up from 4.4 million in June. Viewed another way, 32.5% of the total unemployed had been looking for work for longer than half a year, up from 28.9% in June. "This recession is taking people a very long time relative to past recessions to find another job," says John Irons, policy director at the Economic Policy Institute in Washington. Traditionally the U.S. has been able to maintain unemployment...
There are several reasons to worry about the high long-term unemployment numbers. On the individual level, the longer you stay unemployed, the more unemployable you become. People lose job skills, social skills and the will to search for a job as they spend time out of work. Unemployment affects individuals' sense of well being, producing higher rates of depression and lower levels of life satisfaction. Studies have shown mixed results as to the effect of unemployment on health. On average all job losers tend to face a permanent reduction in their salary, and that is even more common...
...Administration fast-tracked its position on cocaine parity. "The criminal-justice system must be fair, and it must be perceived as being fair," Breuer says. "The 100-to-1 ratio between crack and powder is perhaps the single worst symbol of unfairness in the system. There really is no longer any basis for it." (See pictures of Liberia's fight against the cocaine trade...
...Spotify has its way, though, iPhone owners will no longer be slaves to iTunes, song-by-song payments or finite disk capacity. Last week the Swedish company behind Spotify's streaming music provider announced plans to release a free iPhone application that will let users listen to songs played directly off of its online service, with no need to download. That would give iPhone users instant access to any of Spotify's 6 million songs, without taking up precious memory space - way more than the maximum 7,000 tracks that a 32 GB iPhone can hold. Songs can also...
...other nation on earth assimilates immigrants as successfully as the United States. There are those who argue that we can no longer afford to open our doors so wide, but in fact precisely the opposite is true. Beyond giving sentimental, self-flattering lip service to our history as "a nation of immigrants," the sooner we can agree on a coherent and correctly self-serving national immigration policy - that is, to encourage and enable as many as possible of the world's smartest and most ambitious and open-minded people to become Americans - the better our chances of forestalling national decline...