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Word: loseing (lookup in dictionary) (lookup stats)
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...years later were earning around 20% less. Why? What can happen is that workers often cannot find another job in their same industry. If a worker had accumulated skills that were specific to that industry, then can't find a job in that industry, those skills lose their value. So that may knock down workers for a long time because it's difficult to reaccumulate skills. That can explain a third to half of the losses. (Read "The Truth About High-Frequency Trading...

Author: /time Magazine | Title: Economist Till Marco von Wachter | 10/6/2009 | See Source »

...rest? We were looking at workers who had a stable job at a good firm, and it usually takes a long time to find such a good job match. These types of jobs pay more, but they don't come along that easily. Once you lose such a good job, you may not find another like it. There was a component of luck in having found that matching job, and it's hard to get lucky twice...

Author: /time Magazine | Title: Economist Till Marco von Wachter | 10/6/2009 | See Source »

...eventually rehired elsewhere for less money, maybe it's because they were overpaid before? That is unlikely. At least from a statistical point of view, we made sure as much as possible that we didn't compare apples and oranges. We studied large layoffs, where workers who did not lose their jobs because of some fault of their own, and then we compared them to workers who had similar earnings trajectories and similar industry and age profiles...

Author: /time Magazine | Title: Economist Till Marco von Wachter | 10/6/2009 | See Source »

...head competition] makes a huge difference. It’s really personal, especially with Yale,” Olson said. “Instead of you and a mass of people, where the competitors are pretty anonymous, now it’s much more personal whether you win or lose...

Author: By Max N. Brondfield, CRIMSON STAFF WRITER | Title: Crimson Men and Women Runners Sweep Bulldogs | 10/5/2009 | See Source »

...British media-law expert Razi Mireskandari, whose firm Simon Muirhead & Burton has successfully defended the publication of sexually explicit photographs by Robert Mapplethorpe in the U.K., says Tate Modern would be unlikely to lose an obscenity case. The U.K.'s Obscene Publications Act defines as "obscene material" anything that would "tend to deprave and corrupt" the public. "That doesn't mean just 'upset or put off,' " says Mireskandari. But, he notes, the U.K.'s Protection of Children Act might come into play. "The key tests would be whether the child is posed provocatively, whether there was an element of lewdness...

Author: /time Magazine | Title: Nude Brooke Shields Causes a Flap at London's Tate | 10/5/2009 | See Source »

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